Facility Participation Amount definition

Facility Participation Amount means the facility amount provided by each Lender for each Drawdown, with respect to each and any Drawdown under this Agreement.
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Facility Participation Amount means, with respect to a Lender and a specific Facility, that amount of Participations of such Lender in such Facility as defined in Sections 2.14, 3.13, 4.14 and 5.13, respectively.
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Facility Participation Amount for such Lender in the UK Facility). Each such Participation of each Lender in the UK Facility shall be funded in accordance with Section 11.07.
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Examples of Facility Participation Amount in a sentence

  • Rights (the “DIP Facility Participation Rights”) to fund up to 40% of the aggregate commitments under the DIP Facility (the “DIP Facility Participation Amount”) shall be offered to the Lenders that are Supporting Creditors, other than the DIP Facility Backstop Lenders, in each case up to such Lender’s pro rata share (based on Total Credit Exposure, without regard to any Total Credit Exposure held by the DIP Facility Backstop Lenders) of the DIP Facility Participation Amount.

  • The Facility Agent is entitled to and may exercise the same rights and authority as the other Lenders based on its Facility Participation Amount, and shall not be affected by its role as the Facility Agent of this Syndicated Loan.

  • To the extent any portion of the DIP Facility Participation Rights are not exercised, such corresponding portions of the DIP Facility Participation Amount shall be allocated to, and added to the commitments of, the DIP Facility Backstop Lenders on a pro rata basis (based on Total Credit Exposure, without regard to any Total Credit Exposure held by Lenders other than the DIP Facility Backstop Lenders).


More Definitions of Facility Participation Amount

Facility Participation Amount means, with respect to a Lender and a specific Facility, that amount of Participations of such Lender in such Facility as defined in SECTIONS 2.14, 3.13, 4.14 and 5.14, respectively.
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Facility Participation Amount means, with respect to a Lender, that amount of Participations of such Lender as defined in Section 4.01(b)(v).
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