Examples of Facility C Lender in a sentence
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".
The purpose of this Contract is to provide Food Preparation and Meal Delivery Services, 7 days per week, 365 days per year for BHA Facilities.
On the calculation date each Facility C Lender shall notify the Company of any interest payable by the Borrowers as at that date and shall debit each relevant Borrower's account with that Facility C Lender with the amount of interest payable by the relevant Borrower to that Facility C Lender on that date.
Any payments or prepayments of the Facility B Term Loans or the Facility C Loans, whether voluntary or otherwise (other than the regularly scheduled quarterly payments) shall reduce, on a pro rata basis, the amount of each quarterly payment thereafter required to be made to any Facility B Term Lender or Facility C Lender that received such payment or prepayment.
On September 30, 2019 the Agent shall make all adjustments as may be necessary or desirable in order that the Outstanding Advances by each Facility C Lender under Facility C shall be in its Proportionate Share of Facility C in effect on and after such date, which for greater certainty shall not exceed such Lender’s Commitment under Facility C in effect from and after such date.