Examples of Facility C Termination Date in a sentence
Within the limits of the Facility C Available Commitment and subject to the terms of this Agreement, the US Borrower may reborrow under the Facility C Credit any amount so repaid; for greater certainty, the US Borrower may not reborrow any amount repaid after the Facility C Termination Date.
Because the spent sorbent would not need to be calcined in the kiln (releasing CO2 to form CaO), using it as a replacement for limestone in cement would reduce CO2 emissions from calcination, which accounts for more than 50 percent of total CO2 emissions from the cement production process.
INC., a Delaware corporation ("MAKER"), hereby promises to pay to the order of NATIONSBANK, N.A. ("PAYEE") on or before the Facility C Termination Date, the principal amount of ONE HUNDRED TWENTY-NINE MILLION FIVE HUNDRED THOUSAND DOLLARS or so much thereof as may be disbursed and outstanding as the Facility C Principal Debt under this note, together with interest, as described below.
Thereafter, the Company may request, by giving not more than 60 days’ and not less than 30 days’ notice to the Lenders prior to the second anniversary of the Signing Date (the “Facility C Second Extension Request”), an extension of the Facility C Termination Date for a period of one year from the Facility C First Extended Termination Date or, if the First Facility C Extension Request has not been made, two years from the Facility C Original Termination Date.
This fee will accrue on a daily basis from the date of this Agreement until the latest of the Facility C Termination Date, the Facility A Commitment Expiry Date and the Facility B Commitment Expiry Date (the "Final Date").
In the event that a Lender declines to extend its Facility C Commitments pursuant to the Second Extension Request, the amount of the Total Facility C Commitments shall, following the Initial Facility C Termination Date, reduce by the amount of that declining Lender's Facility C Commitments accordingly.
Facility C Termination Date: 5 years from the Signing Date (the “Facility C Original Termination Date”) or, subject to the Facility C Extension Options, 1 year or 2 years after the Original Facility C Termination Date.
Facility C Availability Period: From the Signing Date to one month prior to the Facility C Termination Date.
In the event that a Lender declines to extend its Facility C Commitments pursuant to the Second Extension Request, the amount of the Total Facility C Commitments shall, following the Initial Facility C Termination Date, reduce by the amount of that declining Lender’s Facility C Commitments accordingly.
Facility C Extension Options: The Company may request, by giving not more than 60 days’ and not less than 30 days’ notice to the Lenders prior to the first anniversary of the Signing Date (the “Facility C First Extension Request”), an extension of the Facility C Termination Date for a period of one year from the Original Facility C Termination Date.