Examples of Portion of Advances in a sentence
At any time, each Portion of Advances shall have only one Interest Period and one Rate Type.
With respect to its Commitment as a Lender and its Rateable Portion of Advances, the Administrative Agent shall have the same rights and powers under this Agreement as any other Lender and may exercise them as though it were not the Administrative Agent.
Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any Borrowing Request for, conversion to or continuation of Advances (or any Portion of Advances) to be made, converted or continued during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to have converted any Borrowing Request into a request for an Advance of or conversion to an Advance (or any Portion of Advances) bearing interest at the Base Rate.
With respect to its Commitment as a Credit Facility Lender and its Rateable Portion of Advances, the Administrative Agent shall have the same rights and powers under this Agreement as any other Credit Facility Lender and may exercise them as though it were not the Administrative Agent.
Rateable Portion of Advances............................................................
While any Existing LCs remain outstanding, each Lender’s Rateable Portion of Advances under the Tranche A Facility will be adjusted to account for the fact that CIBC’s Individual Tranche A Facility Commitment Amount has been reduced as aforesaid.
Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, none of the Lenders or Managing Agents shall allocate any Portion of Advances with respect to Advances made during such period or reallocate any Portion of Advances allocated to any then existing Interest Period ending during such period, to an Interest Period with respect to which Yield is calculated by reference to the LIBOR Rate, LIBOR Base Rate or the LMIR Rate.
Subject to the terms of the Note, the Loan are to be made to the Borrowers in the following allocations: Borrower Allocated Percentage Allocated Portion of Initial Advance to be funded Allocated Portion of Subsequent Advance to be funded Total Portion of Advances to be funded Xxxxxxx X.
While any Existing LCs remain outstanding, each Lender’s Rateable Portion of Advances under the Syndicated Facility will be adjusted to account for the fact that CIBC’s Individual Syndicated Facility Commitment Amount has been reduced as aforesaid.
Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, none of the Lenders or Managing Agents shall allocate any Portion of Advances with respect to Advances made during such period or reallocate any Portion of Advances allocated to any then existing Interest Period ending during such period, to an Interest Period with respect to which Yield is calculated by reference to the LIBOR Base Rate or the LMIR Rate.”.