Overall facility limit Sample Clauses

Overall facility limit. The aggregate amount of (i) the Outstanding Purchase Price, (ii) all Revolving Loans, (iii) all L/C Exposures, (iv) all Forex Exposures, (v) the Property Loan and (vi) the IP Loan shall not at any time exceed the Facility Limit.
View SourceView Similar (2)
Overall facility limit. The aggregate Original Euro Amount of all outstanding Utilisations shall not at any time exceed the Total Commitments.
View SourceView Similar (2)
Overall facility limit. (a) The aggregate Original Sterling Amount of all outstanding Advances: (i) under Tranche A shall not at any time exceed the Tranche A Total Commitments at that time; and (ii) under Tranche B shall not at any time exceed the Tranche B Total Commitments at that time. Back to Index The aggregate Original Sterling Amount of: (i) participations of a Lender in Tranche A Advances shall not at any time exceed its Tranche A Commitment at that time; and (ii) participations of a Lender in Tranche B Advances shall not at any time exceed its Tranche B Commitment at that time.
View SourceView Similar (2)
Overall facility limit. The aggregate amount of all outstanding Advances shall not at any time exceed the Total Commitments at that time and no Junior Lender is obliged to make an Advance if the amount of that Advance would when aggregated with the amount of each other Advance made by that Junior Lender then outstanding cause its Commitment to be exceeded.
View Source
Overall facility limit. (a) The aggregate Original Dollar Amount of all outstanding Advances shall not exceed at any time the Total Commitments. (b) No Bank is obliged to participate in an Advance if it would cause the Original Dollar Amount of its participations in the Advances to exceed its Commitment.
View Source
Overall facility limit. (A) The aggregate Original Sterling Amount of all outstanding Loans shall not, at any time, exceed the Total Commitments. (B) No Bank is obliged to participate in a Loan if it would cause the Original Sterling Amount of its participations in the Loans to exceed its Commitment.
View Source
Overall facility limit. (a) The aggregate Original Sterling Amount of all outstanding Advances shall not at any time exceed the Total Commitments at that time. (b) The aggregate Original Sterling Amount of participations of a Lender in Advances shall not at any time exceed its Commitment at that time.
View Source
Overall facility limit. The aggregate Original Sterling Amount of all outstanding Utilisations shall not at any time exceed the Total Commitments at that time. The aggregate principal amount of Advances made by a Bank and Bills accepted by that Bank shall not, at any time, exceed its Commitment.
View Source

Related to Overall facility limit

  • Total Facility Subject to all of the terms and conditions of this Agreement, the Lenders agree to make available a total credit facility of up to $400,000,000 (as such amount may be increased or reduced from time to time pursuant to the terms of this Agreement, the “Total Facility”) to the Borrowers from time to time during the term of this Agreement. The Total Facility shall be composed of a revolving line of credit consisting of Revolving Loans and Letters of Credit described herein.

  • Commitment Percentage With respect to each Lender, the percentage set forth on Schedule 1.1 hereto as such Lender’s percentage of the aggregate Commitments of all of the Lenders, as the same may be changed from time to time in accordance with the terms of this Agreement.

  • Revolving Facility (a) As of the Effective Date, the aggregate outstanding principal amount of the Existing Revolving Loans, other than, for the avoidance of doubt, any “Swing Line Loans” (under and as defined in the Existing Credit Agreement) is set forth on Schedule 2.1. 1. The Existing Revolving Loans are held by the Existing Lenders in the amounts set forth on Schedule 2.1. 1. Subject to the terms of this Agreement and in reliance on the representations and warranties of the Borrowers herein, each of the parties hereto hereby agrees that (A) the Existing Revolving Loans shall be, from and following the Effective Date, continued and outstanding as the Revolving Loans under this Agreement, (B) concurrently therewith, the Extending Lenders shall have assigned their Existing Revolving Loans and Existing Commitments among themselves and to the New Lenders and hereby direct the Administrative Agent to re-allocate all Existing Revolving Loans and Existing Commitments and require the extension of new Revolving Loans, such that, after giving effect to the transactions contemplated hereby the Revolving Loans and Commitments (prior to giving effect to any Advances to be made on the Effective Date) shall be allocated among the Lenders as set forth in Schedule 2.1.1, (C) all “Swing Line Loans” (under and as defined in the Existing Credit Agreement) and “Letters of Credit” (under and as defined in the Existing Credit Agreement) outstanding and issued under the Existing Credit Agreement immediately prior to the Effective Date shall continue to be outstanding and issued under this Agreement, and (D) on and after the Effective Date the terms of this Agreement shall govern the rights and obligations of the Borrowers, the other Loan Parties, the Lenders, the Swing Line Lender, the LC Issuers and the Administrative Agent with respect thereto. (b) From and including the Effective Date and prior to the Facility Termination Date, each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Loans to the Borrowers in Agreed Currencies, participate in Facility LCs issued in Agreed Currencies, and participate in Facility LCs issued in Discretionary Currencies at the discretion of an LC Issuer, in each case upon the request of the Borrowers; provided, that (i) after giving effect to the making of each such Revolving Loan and the issuance of each such Facility LC, the Dollar Amount of each Lender’s Outstanding Revolving Credit Exposure shall not exceed its Revolving Commitment, and (ii) all Base Rate Loans shall be made in Dollars. Subject to the terms of this Agreement, each Borrower may borrow, repay and reborrow the Revolving Loans at any time prior to the Facility Termination Date; provided, that a Foreign Borrower may only borrow in its respective Designated Currencies. The Revolving Commitments shall expire on the Facility Termination Date. The LC Issuer will issue Facility LCs hereunder on the terms and conditions set forth in Section 2.19.

  • Revolving Committed Amount If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower shall immediately prepay the Revolving Loans and Swingline Loans and (after all Revolving Loans and Swingline Loans have been repaid) Cash Collateralize the LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vii) below).

  • 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.