Examples of Facility B Lenders in a sentence
Pursuant to the Credit Agreement, the Existing Facility B Lenders have agreed to provide to Borrower a 364 day revolving credit facility with a total commitment of $133,333,333.33 (the “Total Facility B Commitment”), of which $0 is outstanding in the form of Facility B Loans as of March 7, 2003 (such outstanding Facility B Loans, collectively, the “Outstanding Facility B Loans”).
A Borrower may, if it gives the Agent not less than thirty (30) Business Days’ (or such shorter period as the Majority Lenders or, with regards to any Facility B Commitment, the Facility B Lenders may agree) prior notice, prepay the whole or any part of any Loan (but, if in part, being a minimum amount of USD 2,500,000 or integral multiples thereof).
Based upon such calculation, the Facility B Lenders shall sell and assign or purchase and assume (as applicable) from each other such shares in the Outstanding Facility B Loans as Agent determines is necessary to cause each Facility B Lender to hold Outstanding Facility B Loans in an amount equal to such Facility B Lender’s Proportionate Share of such Outstanding Facility B Loan Borrowings.
Borrower, Agent and the Facility B Lenders have caused this Amendment to be executed as of the day and year first above written.
A Borrower may, if it gives the Agent not less than thirty (30) Business Days’ (or such shorter period as the Majority Lenders or, with regards to any Facility B Commitment, the Facility B Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of USD 2,500,000 or integral multiples thereof) of the Available Facilities.