Examples of Master Facility Agreement in a sentence
Within the limits of the MOU and this Master Facility Agreement and subject to the express prior agreement of the Parties and the approval of the EWG, the unused amount of a Facility may be used for utilisations under another Facility to the Beneficiary Member State.
Clauses 10 (Information Undertakings), 11 (Undertakings relating to Inspections, Fraud Prevention and Audits), 12 (Notices), 13 (Guarantee and Indemnity), 14 (Miscellaneous), 15 (Governing Law and Jurisdiction) and 16 (Execution of the Agreement) of the Master Facility Agreement shall apply to this Loan Facility.
The representations in Clause 5(1) of the Master Facility Agreement remain true and accurate as of the date hereof (including in relation to this Third Amendment Agreement, the Master Facility Agreement and the legal opinions and certificates issued in connection with this Third Amendment Agreement) and there is no Event of Default outstanding on the date hereof.
All or part of the Master Facility will be made available by way of a loan facility (the "Loan Facility") on the terms and subject to the conditions of the Master Facility Agreement as varied or supplemented by these Facility Specific Terms.
Clause 9 of the Master Facility Agreement shall apply to this Loan Facility.