Examples of Incremental Facility Proposal in a sentence
The Incremental Facility Terms specified in any Incremental Facility Notice delivered in respect of an Incremental Facility and any fee or commission payable to Incremental Facility Lenders under that Incremental Facility shall be the same as those set out in the Incremental Facility Proposal relating to that Incremental Facility.
If there is an Incremental Facility Shortfall relating to a Proposed Facility Size set out in an Incremental Facility Proposal, the Borrower shall invite each Participating Lender under that Incremental Facility Proposal to increase the proposed Incremental Facility Commitment offered by it in respect of the Incremental Facility proposed in that Incremental Facility Proposal by an amount no greater than its Incremental Facility Proportion of that Incremental Facility Shortfall.
The Borrower shall solicit potential Incremental Facility Lenders for any proposed Incremental Facility by delivery of an Incremental Facility Proposal to the Agent and each Lender.
Each Participating Lender under an Incremental Facility Proposal shall notify the Company and the Agent of its offer of an increased proposed Incremental Facility Commitment (if any) pursuant to paragraph (f) above no later than 5:00 p.m. on the day falling 5 Business Days after the last day of the Incremental Facility Solicitation Period relating to that Incremental Facility Proposal.
Withdrawal of an Incremental Facility Proposal shall terminate the process set out in this Clause 6.2 in respect of the Incremental Facility proposed in that Incremental Facility Proposal and that Incremental Facility shall not be established.
The Borrower shall not amend any Incremental Facility Proposal but may withdraw an Incremental Facility Proposal at any time.
Withdrawal of an Incremental Facility Proposal shall terminate the process set out in this Clause 8.1 in respect of the Incremental Facility proposed in that Incremental Facility Proposaland that Incremental Facility shall not be established.
This committee operates under framework established by the Board of Directors.
The Parent shall not amend any Incremental Facility Proposal but may withdraw an Incremental Facility Proposal at any time.
The Company shall solicit potential Incremental Facility Lenders for any proposed Incremental Facility by delivery of an Incremental Facility Proposal to the Agent and each Original Lender (the “Relevant Lender”).