Facility A and Facility B Sample Clauses

The 'Facility A and Facility B' clause defines and distinguishes between two separate credit or loan facilities provided under an agreement. Typically, this clause outlines the specific terms, conditions, and purposes for each facility, such as different borrowing limits, interest rates, or repayment schedules. By clearly separating the provisions for Facility A and Facility B, the clause ensures that both the lender and borrower understand their respective rights and obligations for each facility, thereby reducing confusion and potential disputes.
Facility A and Facility B. Subject to the terms of this Agreement, the First Global Deed of Amendment and Restatement and the Second Global Amendment and Restatement Agreement, the Lenders make available to the Borrower a: (a) Dollar term loan facility in an aggregate amount equal to the Total Facility A Commitments (“Facility A”); and (b) Dollar term loan facility in an aggregate amount equal to the Total Facility B Commitments (“Facility B”).
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Facility A and Facility B. Subject to the terms of this Agreement, the First Global Deed of Amendment and Restatement and the Second Global Amendment and Restatement Agreement, the Lenders make available to the Borrower a:
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Facility A and Facility B. Subject to the terms of this Agreement, the Lenders make available to the Borrower a: (a) Dollar term loan facility in an aggregate amount equal to the Total Facility A Commitments (“Facility A”); and (b) Dollar term loan facility in an aggregate amount equal to the Total Facility B Commitments (“Facility B”).
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Facility A and Facility B. (a) On the Facility A Maturity Date, the Company will repay each Facility A Loan in full and Facility A and the Facility A Commitment shall each be automatically and irrevocably cancelled in full with immediate effect. (b) On the Facility B Maturity Date, the Company will repay each Facility B Loan in full and Facility B and the Facility B Commitment shall each be automatically and irrevocably cancelled in full with immediate effect.
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Facility A and Facility B. Subject to the terms of this Agreement, the Lenders agree to make available to the Borrower, with effect from the Commencement Date: (a) a multicurrency credit facility in an aggregate amount equal to the aggregate of the Facility A Commitments (“Facility A”); and (b) a multicurrency revolving credit facility in an aggregate amount equal to the aggregate of the Facility B Commitments (“Facility B”).
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Related to Facility A and Facility B

  • Facility Use The Employer shall allow individuals the use of gender- segregated facilities, such as restrooms, locker rooms, and dressing rooms that are consistent with that individual's gender expression or gender identity. In such facilities where undressing in the presence of others occurs, the Employer shall allow access to and use of a facility consistent with that individual's gender expression or gender identity.

  • Facility Access Notwithstanding any other provision of the Agreement, the Customer shall provide the Authority with such access to the Facility, and such documentation, as the Authority deems necessary to determine the Customer’s compliance with the Customer’s Supplemental Commitments specified in this Schedule B.

  • Overdraft Facility In the event that the Custodian is directed by Proper Instructions to make any payment or transfer of funds on behalf of the Fund for which there would be, at the close of business on the date of such payment or transfer, insufficient funds held by the Custodian on behalf of the Fund, the Custodian may, in its sole discretion, provide an overdraft (an "Overdraft") to the Fund in an amount sufficient to allow the completion of such payment. Any Overdraft provided hereunder: (a) shall be payable on the next business day, unless otherwise agreed by the Fund and the Custodian; and (b) shall accrue interest from the date of the Overdraft to the date of payment in full by the Fund at a rate agreed upon in writing, from time to time, by the Custodian and the Fund. The purpose of such Overdrafts is to temporarily finance extraordinary or emergency expenses not reasonably foreseeable by the Fund. The Custodian shall promptly notify the Fund in writing ("Overdraft Notice") of any Overdraft by facsimile transmission or in such other manner as the Fund and the Custodian may agree in writing. The Custodian shall have a right of set-off against all Assets (except for Assets held in a segregated margin account or otherwise pledged in connection with options or futures contracts held for the benefit of the Fund and for Assets allocated to any other Overdraft or loan made hereunder); provided, however, the Custodian shall promptly notify the Fund in writing of any intent to exercise a right of set-off against Assets hereunder and shall not exercise any such right of set-off against Assets hereunder unless and until the Fund has failed to pay (within ten (10) days after the Fund's receipt of such notice of intent to exercise a right of set-off), any Overdraft, together with all accrued interest thereon. Notwithstanding the provisions of any applicable law, including, without limitation, the Uniform Commercial Code, the only rights or remedies which the Custodian is entitled to with respect to Overdrafts is the right of set-off granted herein.

  • Facility Prudential is willing to consider, in its sole discretion and within limits which may be authorized for purchase by Prudential Affiliates from time to time, the purchase of Shelf Notes pursuant to this Agreement. The willingness of Prudential to consider such purchase of Shelf Notes is herein called the “Facility”. At any time, the aggregate principal amount of Shelf Notes stated in Section 1.2, minus the aggregate principal amount of Shelf Notes purchased and sold pursuant to this Agreement prior to such time, 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. NOTWITHSTANDING THE WILLINGNESS OF PRUDENTIAL TO CONSIDER PURCHASES OF SHELF NOTES BY PRUDENTIAL AFFILIATES, THIS AGREEMENT IS ENTERED INTO ON THE EXPRESS UNDERSTANDING THAT NEITHER PRUDENTIAL NOR ANY PRUDENTIAL AFFILIATE SHALL BE OBLIGATED TO MAKE OR ACCEPT OFFERS TO PURCHASE SHELF NOTES, OR TO QUOTE RATES, SPREADS OR OTHER TERMS WITH RESPECT TO SPECIFIC PURCHASES OF SHELF NOTES, AND THE FACILITY SHALL IN NO WAY BE CONSTRUED AS A COMMITMENT BY PRUDENTIAL OR ANY PRUDENTIAL AFFILIATE.

  • Equipment and Facilities For On-Site Courses, you will supply the facility and equipment as set forth at ▇▇▇.▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇. If Red Hat agrees to provide the training facilities and hardware, you will be liable for any loss or destruction of this equipment and hardware used in connection with the Training.