Examples of Facility C Commitments in a sentence
The US Borrower agrees to request through the Administrative Agent any Borrowing under the Facility C Credit from the Lenders pro rata in all respects according to their respective Facility C Commitments and the Lenders agree to make each such Borrowings available to the US Borrower, through the Administrative Agent, pro rata in all respects according to their respective Facility C Commitments.
The Senior Facility C Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 10h00 on the last day of the Availability Period.
Subject to the terms and conditions in this Agreement, each Facility C Lender hereby establishes a committed, non-revolving credit facility for the Borrower in the maximum principal amount indicated opposite such Lender's name in Exhibit "A" under the heading "Facility C Commitments".
Subject to the terms of this Agreement and the Common Terms Agreement, the Senior Facility C Lenders make available to the Borrower a Rand-denominated term loan facility in an aggregate amount equal to the Total Senior Facility C Commitments in accordance with, and subject to the provisions of, clause 2.3 (Senior Facility C) of the Common Terms Agreement.
Such indemnification shall be pro rata to its Commitments (and for the purposes of calculating this proportion, the amount of the Total Facility C Commitments and each Lender’s Facility C Commitments shall be converted to euros at the Agent’s Spot Rate of Exchange on the date of the relevant calculation).
Such indemnification shall be pro rata to its Commitments (and for the purposes of calculating this proportion, the amount of the Total Facility C Commitments and each Lender's Facility C Commitments shall be converted to euros at the Agent's Spot Rate of Exchange on the date of the relevant calculation).
In addition, if following any Facility C Commitment Reduction Date the aggregate principal amount of the Facility C Loans then outstanding shall exceed the Facility C Commitments in effect after the applicable reduction, the Company shall pay Facility C Loans in an aggregate amount equal to such excess.
Subject to the terms and conditions of this Agreement, during such period the Company may borrow, repay and reborrow the amount of the Facility C Commitments by means of Base Rate Loans and/or Eurodollar Loans and prior to the final maturity date of the Facility C Loans may Convert Facility C Loans of one Type into Facility C Loans of another Type (as provided in Section 2.08 hereof) or Continue Facility C Loans of one Type as Facility C Loans of the same Type (as provided in Section 2.08 hereof).
SCHEDULE 1 COMMITMENTS Name of Original Lender Facility A Commitments (US$) Facility B Commitments (US$) Facility C Commitments (US$) Revolving Facility Commitments (US$) Bank of America Xxxxxxx Xxxxx International Limited 62,500,000 46,111,113 46,111,113 13,888,888 Barclays Bank PLC 62,500,000 46,111,113 46,111,113 13,888,887 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
In the event that at any time the aggregate principal amount of Facility C Loans then outstanding shall exceed the Facility C Commitments then in effect, the Company shall thereupon prepay Facility C Loans in an aggregate amount equal to such excess.