Examples of Total Revolving Facility Commitments in a sentence
Subject to the terms of this Agreement, the Revolving Lenders make available to the Borrowers a multicurrency revolving loan facility in an aggregate amount equal to the Total Revolving Facility Commitments.
If, as a result of any cancellation of the Available Revolving Facility in relation to the Revolving Facility, the Total Commitments in relation to the Revolving Facility would be less than the Total Swingline Commitments then the amount of the Total Swingline Commitments shall reduce so that they equal the Total Revolving Facility Commitments.
The Issuing Bank shall have no obligation to issue, and a Revolving Borrower (or the Parent on its behalf) shall not request the issuance of, any Letter of Credit at any time if after giving effect to such issuance, the LC Exposure would exceed the LC Commitment or the Total Revolving Outstandings would exceed the Total Revolving Facility Commitments.
The Total Revolving Facility Commitments will be cancelled automatically with effect from the due date for repayment of the Loan under Clause 9.3(D).
Notwithstanding the foregoing, during any Leverage Trigger Period, no Borrowing shall be permitted that would cause (a) the aggregate principal amount of Revolving Facility Advances plus the Letter of Credit Exposure to exceed (b)(i) the Total Revolving Facility Commitments (after taking into account any Mandatory Commitment Reductions) less (ii) the amount of any Mandatory Prepayments made during such Leverage Trigger Period in excess of the Mandatory Commitment Reductions as provided in Section 2.07(c).