Common use of Maximum number of Loans Clause in Contracts

Maximum number of Loans. (a) The Company may not deliver a Utilisation Request if as a result of the proposed Utilisation more than 12 Loans would be outstanding (or such greater number of Loans as may be agreed by the Agent in its sole discretion). (b) The Company may not request that a Loan be divided. (c) No Extended Loan shall be taken into account in this Clause 4.3.

Appears in 2 contracts

Sources: Facility Agreement, Facility Agreement (Alibaba Group Holding LTD)

Maximum number of Loans. (a) The Company Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 11 or more than 12 Loans would be outstanding (or such greater number of Loans as may be agreed by the Agent in its sole discretion)outstanding. (b) The Company may not request that a Loan be divided. (c) No Extended Any Separate Loan shall not be taken into account in this Clause 4.3.

Appears in 2 contracts

Sources: Facility Agreement (Randgold Resources LTD), Facility Agreement (Randgold Resources LTD)

Maximum number of Loans. (a) The Company may not deliver a Utilisation Request if as a result of the proposed Utilisation 13 or more than 12 Loans would be outstanding (or such greater number of Loans as may be agreed by the Agent in its sole discretion). (b) The Company may not request that a Loan be divided. (c) No Separate Loan or Extended Loan shall be taken into account in this Clause 4.3.

Appears in 1 contract

Sources: Facility Agreement (Alibaba Group Holding LTD)

Maximum number of Loans. (a) The Company may not deliver a Utilisation Request if as a result of the proposed Utilisation Utilisation: (i) more than 12 15 Revolving Loans would be outstanding outstanding; or (or such greater number of ii) more than 15 Swingline Loans as may would be agreed by the Agent in its sole discretion)outstanding. (b) The Company may Any Loan made by a single Lender under Clause ‎‎7.2 (Unavailability of a currency) shall not request that a Loan be divided. (c) No Extended Loan shall be taken into account in this Clause 4.3‎‎4.4. SECTION 3 UTILISATION

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Cboe Global Markets, Inc.)

Maximum number of Loans. (a) The Company No Obligor may not deliver a Utilisation Request if as a result of the proposed Utilisation more than 12 20 Loans would be outstanding (or such greater number of Loans as may be agreed by the Agent in its sole discretion). (b) The Company No Obligor may not request that a Loan be divided. (c) No Separate Loan or Extended Loan shall be taken into account in this Clause 4.3.

Appears in 1 contract

Sources: Facility Agreement (Alibaba Group Holding LTD)

Maximum number of Loans. (a) The Company may not deliver a Utilisation Request if as a result of the proposed Utilisation more than 12 8 Loans would be outstanding (or such greater number of Loans as may be agreed by the Agent in its sole discretion)outstanding. (b) The Company may not request that a Loan be divided. (c) No Extended Loan shall be taken into account in this Clause 4.3.

Appears in 1 contract

Sources: Secured Facility Agreement (Amkor Technology, Inc.)

Maximum number of Loans. (a) The Company may not deliver a Utilisation Request if as a result of the proposed Utilisation Utilisation: (i) 10 or more than 12 Facility A Loans would be outstanding outstanding; or (ii) 10 or such greater number of more Facility B Loans as may would be agreed by the Agent in its sole discretion)outstanding; or (iii) 10 or more Facility C Loans would be outstanding. (b) The Company may Any Loan made by a single Lender under Clause 6.2 (Unavailability of a currency) shall not request that a Loan be divided. (c) No Extended Loan shall be taken into account in this Clause 4.34.4.

Appears in 1 contract

Sources: Facilities Agreement (Cemex Sab De Cv)

Maximum number of Loans. (a) The Company may not deliver a Utilisation Request if as a result of the proposed Utilisation more than 12 five Loans would be outstanding (or such greater number of Loans as may be agreed by the Agent in its sole discretion)outstanding. (b) The Company may not request that a Loan be divideddivided if, as a result of the proposed division, more than five Loans would be outstanding. (c) No Extended Any Loan made by a single Lender under Clause 6.2 (Unavailability of a currency) shall not be taken into account in this Clause 4.34.4.

Appears in 1 contract

Sources: Facility Agreement (Imerys S.A.)

Maximum number of Loans. (a) The Company Borrower may not deliver a Utilisation Loan Request if as a result of the proposed Utilisation utilisation more than 12 four Loans would be outstanding (or such greater number of Loans as may be agreed by the Agent in its sole discretion)outstanding. (b) The Company may Any Separate Loans shall not request that a Loan be divided. (c) No Extended Loan shall be taken into account in this Clause 4.3.

Appears in 1 contract

Sources: Facility Agreement (InterXion Holding N.V.)

Maximum number of Loans. (a) The Company may not deliver a Utilisation Request if as a result of the proposed Utilisation more than 12 Loans would be outstanding (or such 33148 greater number of Loans as may be agreed by the Agent in its sole discretion). (b) The Company may not request that a Loan be divided. (c) No Extended Loan shall be taken into account in this Clause 4.3.

Appears in 1 contract

Sources: Third Amendment and Restatement Agreement (Alibaba Group Holding LTD)

Maximum number of Loans. (a) The Company A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation more than 12 10 Loans would be outstanding (or such greater number of Loans as may be agreed by the Agent in its sole discretion)outstanding. (b) The Company may not request that a Loan be divided. (c) No Extended Any Separate Loan shall not be taken into account in this Clause 4.3.

Appears in 1 contract

Sources: Revolving Senior Secured Credit Facility Agreement (Gold Fields LTD)