Total Facility Amount definition

Total Facility Amount means, as at any date of determination, the sum of (i) the Aggregate Commitments plus (ii) the aggregate Outstanding Amount of any term loan advanced hereunder from time to time pursuant to Article II (including pursuant to Section 2.14), as the same may be increased from time to time pursuant to Section 2.14 hereof or reduced from time to time in accordance with the terms hereof. As of the Closing Date, the Total Facility Amount is equal to $1,200,000,000.

Total Facility Amount means at any time, the total facility made available under the Facility but as reduced by the amount of any cancellation of the Facility.

Total Facility Amount the maximum principal amount of the Facility referred to in clause 2.

Examples of Total Facility Amount in a sentence

• The amount of the Loan shall not exceed the Total Facility Amount.

• At any time, the Total Facility Amount minus the aggregate principal amount of Notes previously issued hereunder, minus the aggregate principal amount of Accepted Notes (as hereinafter defined) which have not yet been purchased and sold hereunder prior to such time, is herein called the “Available Facility Amount” at such time.

• The Total Facility Amount will be provided in Part II - Special Provision.

• The Investment Account shall be subject to the Loan Documents, including without limitation a control agreement or similar arrangement under which Bank will have the sole right of withdrawal with respect to any withdrawal that would reduce the balance of Acceptable Investments in the Investment Account to an amount less than the Total Facility Amount.

• On the Effective Date, the Borrower shall pay to the Lender a once off facility fee equal to 1% (one percent) of the Total Facility Amount.

More Definitions of Total Facility Amount

Total Facility Amount means the sum of (i) the outstanding Revolving Commitments, (ii) the aggregate principal amount of all outstanding Term Loans and (iii) the aggregate principal amount of all outstanding Incremental Term Loans, in each case, giving effect to any proposed increase in Revolving Commitments or incurrence of Incremental Term Loans pursuant to Section 2.24.

Total Facility Amount means the maximum aggregate principal amount of the Revolving Credit Facility.

Total Facility Amount as of any date of determination, the Maximum Revolver Facility Amount.

Total Facility Amount means $250,000,000, as reduced pursuant to Section 2.04(e).

Total Facility Amount means, at any relevant time of determination, the sum of (i) the Total Committed Amount, (ii) if during a Canadian Allocation Period, the then applicable Canadian Total Committed Amount and (iii) if during a Sterling Allocation Period, the then applicable Sterling Total Committed Amount.

Total Facility Amount has the meaning specified in Section 1.1.

Total Facility Amount means as defined in Section 2.19.