Examples of Maximum Credit Facility Amount in a sentence
Even if the aggregate amount at anyone time advanced and for any reason exceeds the Maximum Credit Facility Amount, Borrower shall nevertheless be liable for the entire amount outstanding and interest thereon in accordance with this Agreement and all accompanying Transaction Documents, and Borrower shall be responsible for observance of, performance of, and compliance with all of the terms, covenants and Transaction Documents, in form and substance acceptable to Bank.
Subject to Section 3.2, until the first date on which the Maximum Credit Facility Amount is Fully Paid, the Trustee will not, without the prior written consent of each Senior Lien Creditor Representative, take any Enforcement Action.
This simplification is particularly important when multiple off-center point charges are added, as described in the following section.
Nexo Financial LLC (“Nexo Financial”) is a Delaware limited liability company formed in 2018 with its principal place of business in London, United Kingdom.
Furthermore, if for any reason whatsoever any amount of principal outstanding under the Credit Facility exceeds the Maximum Credit Facility Amount, the Borrower shall repay such amount in excess of the Maximum Credit Facility Amount promptly upon becoming aware thereof or being notified thereof by the Agent.