Maximum number of Utilisations. (a) A Borrower (or the Company) may not deliver a Utilisation Request if, as a result of the proposed Utilisation more than: (i) thirty (30) Facility B Loans (or such higher number as may be agreed by the Company and the Agent) would be outstanding; or (ii) twelve (12) Original Revolving Facility Loans (or such higher number as may be agreed by the Company and the Agent) would be outstanding, (b) Any Loan which is a Separate Loan shall not be taken into account in this Clause 4.4.
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Sources: Senior Facilities Agreement (Atlas Investissement), Senior Facilities Agreement (Atlas Investissement)
Maximum number of Utilisations. (a) A Borrower (or the CompanyParent) may not deliver a Utilisation Request if, if as a result of the proposed Utilisation more thanUtilisation:
(i) thirty (30) Facility B two or more Term Loans (or such higher number as may be agreed by the Company and the Agent) would be outstanding; or
(ii) twelve (12) Original ten or more Revolving Facility Loans (or such higher number as may be agreed by the Company and the Agent) Utilisations would be outstanding,.
(b) A Borrower (or the Parent) may not request that a Facility A Loan be divided if, as a result of the proposed division, two or more Facility A Loans would be outstanding.
(c) Any Loan which is a Separate Loan shall not be taken into account in this Clause 4.44.3.
Appears in 1 contract
Sources: Senior Facilities Agreement
Maximum number of Utilisations. (a) A Borrower (or the Company) may not deliver a Utilisation Request if, as a result of the proposed Utilisation more than:
(i) thirty (30) Facility B Loans (or such higher number as may be agreed by the Company and the Agent) would be outstanding; or;
(ii) twelve (12) Original Revolving Facility Loans (or such higher number as may be agreed by the Company and the Agent) would be outstanding,, or
(iii) the maximum number of Utilisations of that Additional Facility (as agreed between the Company and the Agent) would be outstanding.
(b) Any Loan which is a Separate Loan shall not be taken into account in this Clause 4.4.
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