Facility C2 definition

Facility C2 means the term loan facility made available under this Agreement as described in paragraph (a)(viii) of Clause 2.1 (The Facilities).
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Facility C2 means the US$347,500,000 term loan facility which forms a sub-tranche of Facility C.
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Examples of Facility C2 in a sentence

  • In calculating aggregate outstanding Facility C2 Advances and Total Facility C Commitments for the purposes of the proviso to this Clause 20.1(a), outstanding Facility C2 Advances and Facility C2 Commitments shall be converted to euros on the date of the relevant calculation on the basis of the Agent’s Spot Rate of Exchange on that date.

  • For the avoidance of doubt, any amounts paid under this Clause 6.3 to a Lender in respect of a Facility C2 Advance shall be paid in US Dollars, as required pursuant to Clause 9.4(a) (Currency).

  • In calculating aggregate outstanding Facility C2 Advances and Total Facility C Commitments for the purposes of the proviso to this Clause 20.1(a), outstanding Facility C2 Advances and Facility C2 Commitments shall be converted to euros on the date of the relevant calculation on the basis of the Agent's Spot Rate of Exchange on that date.

  • Any amount of principal or interest on the Facility C-2 Loans which is not paid when due, whether at stated maturity, by acceleration or otherwise, shall bear interest payable on demand at the Fulfillment Default Rate.

  • Facility C1 Loans, Facility C2 Loans or Facility C2 Swiss Loans or Revolving Capex Loans (but, if in part, being an amount that reduces the amount of the relevant Loan by a minimum Base Currency Amount of €10,000,000).

  • Principal amounts repaid on the Facility C-2 Note may not be borrowed again.

  • The outstanding principal balance of each Facility C-2 Loan shall be repaid in equal monthly installments based upon the principal balance of such Facility C-2 Loan amortized over four (4) years.

  • Cancellations shall be made proportionally between Facility A and the aggregate of Facility C1 and Facility C2.

  • The Borrower shall repay the Facility C2 Loan in full on the Termination Date.

  • Chlorophyll a concentrations are comparatively low, as are the total nitrogen concentrations (with the exception of the oligohaline Pamunkey River segment PMKOH).

Related to Facility C2

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Term Facility Commitment means the commitment of a Term Lender to make Term Loans, including Initial Term Loans and/or Other Term Loans.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).