Facility B Total Commitments definition
Examples of Facility B Total Commitments in a sentence
TCN may at any time by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than three Banking Days after the receipt by the Agent of such notice the whole or any part (being £10,000,000 or any larger sum which is an integral multiple of £5,000,000) of the Facility B Total Commitments or (as the case may be) the Facility D Total Commitments which is not then outstanding or requested in a Drawdown Notice and in respect of which an Advance has not then been made.
Clause 2.1.2 and Clause 2.1.3 are subject to the restriction that at no time may the aggregate of the Dollar Amount of the Facility B Loan and the L/C Outstandings under Facilities B and C exceed the amount of the Facility B Total Commitments (being, at the date hereof, US$1,500,000,000).
If more than one Term Drawing made against the issue by Telekabel Wien of a Telekabel Note is outstanding each such Term Drawing shall be of a Euro Amount which is a minimum of Euro 8,000,000 (unless such Telekabel Note is to be issued in Austrian Schillings in which event it shall be of a minimum amount of Austrian Schillings 100,000,000) and, in the case of any such Term Drawing in euro, an integral multiple of Euro 2,000,000 or the balance of the Facility B Total Commitments.
TCN may at any time by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than three Banking Days after the receipt by the Agent of such notice the whole or any part (being (pound)10,000,000 or any larger sum which is an integral multiple of (pound)5,000,000) of the Facility B Total Commitments which is not then outstanding or requested in a Drawdown Notice and in respect of which an Advance has not then been made.
No amounts prepaid in respect of Facility B may be reborrowed, other than Facility B Outstandings prepaid prior to the end of the Facility B Availability Period pursuant to clause 6.5. During the Facility B Availability Period, the Facility B Total Commitments shall be automatically reduced by the amount of any other prepayment made under clause 6 and the Facility B Commitment of each Facility B Lender shall be reduced pro rata.
The obligation of each Facility A Lender, each Facility B Lender and each Facility D Lender under this Agreement shall be to contribute that proportion of each Facility A Advance, Facility B Advance or Facility D Advance which, as at the Drawdown Date of such Advance, its Facility A Commitment, Facility B Commitment or Facility D Commitment (as the case may be) bears to the Facility A Total Commitments, the Facility B Total Commitments or the Facility D Total Commitments (as the case may be).