Top Up Facility definition

Top Up Facility means the facility described in section 3.2 under which Eligible Retail Shareholders may apply for New Shares in excess of their Entitlement.
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Top Up Facility means the offer to Eligible Shareholders to apply for Additional Shares in excess of their Entitlement, provided that no Eligible Shareholder shall be entitled to subscribe for Additional Shares which represent more than 100% of their Entitlement.
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Top Up Facility means the offer to Eligible Shareholders to apply for Additional Shares and Additional Options in excess of their Entitlement. Underwritten Amount means $10,000,000. Underwriter Options means the 13,849,567 Options to be issued to the Underwriter, subject to receipt of approval of the Company's shareholders, pursuant to clause 7.1(a) and on the terms set out in Annexure C.
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Examples of Top Up Facility in a sentence

  • Subject to Clause 6.1 (Repayment of Term Loan Facility and Top Up Facility), if, following the close of the Offer, any member of the Group incurs any Financial Indebtedness (other than Permitted Financial Indebtedness) the Borrower shall, within three (3) Business Days of incurring such Financial Indebtedness, prepay the Term Loan Facility on a dollar-for-dollar basis.

  • GVC may, upon giving WH Bidco not less than five Business Days' notice in writing, prepay any amount outstanding under the Top Up Facility together with accrued Interest (if any).

  • When we review your Express Top Up Facility, you must give us any information we reasonably ask for.

  • Under the Express Top Up Facility (if any), we may allow you to draw down additional funds, up to the Express Top Up Facility Limit.

  • The Express Top Up Facility (if any) is available to you at our discretion and we may review your Express Top Up Facility at any time.

  • Subject to the provisions of clause 9.7 (Termination) above, WH Bidco shall not be entitled to cancel the whole or any part of the undrawn amount of the Top Up Facility until the expiry of the relevant Top Up Facility Availability Period.

  • Without prejudice to the generality of the foregoing, if the Borrower requires a Utilisation under the Term Loan Facility or the Top Up Facility to settle any acceptances (or expected acceptances) to the Offer in respect of Target Shares listed on the JSE, the Borrower shall ensure that such Advance shall be credited to the ZAR Settlement Account via the Nostro Account.

  • Your Loan will consist of: a all principal amounts that we pay you under this Agreement, including the Initial Advance and all Monthly Advances (if you chose the Monthly Advance Option); b all amounts advanced under the Express Top Up Facility (if any); c all amounts advanced under the Redraw Facility; and d all accrued and unpaid interest and fees and charges payable under this Agreement.

  • Up Facility), if the Corporate Guarantor or any of its Subsidiaries receive any proceeds from the issuance of equity (except for equity raised in connection with or for the purpose of (a) the Acquisition, (b) repaying the Top Up Facility or (c) acquiring any Ships or any other ships), the Borrower shall, within three (3) Business Days of receiving such proceeds, prepay the Term Loan Facility on a dollar-for-dollar basis.

  • If, during the period that any Top Up Facility remains to be repaid, GVC buys-back any GVC Shares, an amount equal to the aggregate value of such GVC Share buy-back shall become immediately payable by GVC to WH Bidco in respect of any outstanding sums drawn down under the Top Up Facility.


More Definitions of Top Up Facility

Top Up Facility means the top up term loan facility made available under this Agreement as described in Clause 2.1 (The Facilities).
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Top Up Facility. As defined in preamble c above. “Top Up Limitation” The limits imposed on how many times E-Money made be added to the balance on an NPC, more particularly set out at clause 5.14 of this NPC Agreement. “Transit Services“ The services from time to time provided by the operators for or in connection with the transportation of passengers in the Public Transport System (excluding Merchant Services). 1.
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Top Up Facility means the Mobile Phone Top-Up from BOV provided by the Bank in terms of this Agreement;
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Top Up Facility has the meaning given in clause 9 (Top Up Facility) of schedule 2 (Transfer arrangements);
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Related to Top Up Facility

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.