Examples of Facility C Loan in a sentence
Each Borrower which has drawn a Facility C Loan shall repay that Loan on the last day of its Interest Period.
The Administrative Agent shall keep in its books, accounts for the Facility C Loan and other amounts payable by the US Borrower under this Agreement.
Before determining the interest rate for a Facility C Loan, the Facility Agent may shorten a Term for any Facility C Loan to ensure there are sufficient Facility C Loans (with an aggregate amount equal to or greater than the relevant Facility C Repayment Instalment) which have a Term ending on the date that the relevant Facility C Repayment Instalment is due to be repaid.
A Borrower (or the Company on behalf of a Borrower) shall select the currency of a Facility B Loan or Facility C Loan in a Utilisation Request.
Subject to the Common Terms Agreement and this Agreement, a Senior Facility C Lender will only be obliged to participate in a Senior Facility C Loan if the requirements of clause 4.2 (Further conditions precedent) of the Common Terms Agreement have been met.