Those terms. (a) must be based upon normal commercial terms at that time (except as varied by this Agreement); (b) may only allow the Company to use the Ancillary Facility; (c) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (d) may not allow the Ancillary Commitment of a Lender to exceed the Available Commitment of that Lender (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (e) must require that the Ancillary Commitment is reduced to nil, and that all Ancillary Outstandings are repaid not later than the Final Maturity Date (or such earlier date as the Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).
Appears in 3 contracts
Sources: Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC)
Those terms. (a) must be based upon normal commercial terms at that time (except as varied by this Agreement);
(b) may allow only allow the Company Borrowers to use the Ancillary Facility;
(c) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment;
(d) may not allow the Lender’s Ancillary Commitment of a Lender to exceed the Lender’s Available Commitment of that Lender (before taking into account the effect of the Ancillary Facility on that Available Commitment); and
(e) must require that the Ancillary Commitment is reduced to nilzero, and that all Ancillary Outstandings are repaid not later than the Final Maturity Termination Date (or such earlier date as the Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).
Appears in 1 contract
Sources: Amendment and Restatement Agreement (Claires Stores Inc)
Those terms. (ai) must be based upon normal commercial terms at that time (except as varied by this Agreement);
(bii) may allow only allow the Company Borrower to use the Ancillary Facility;
(ciii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment;
(div) may not allow the a ▇▇▇▇▇▇'s Ancillary Commitment of a Lender to exceed the that ▇▇▇▇▇▇'s Available Commitment of that Lender (before taking into account the effect of the Ancillary Facility on that Available Commitment); and
(ev) must require that the Ancillary Commitment is reduced to nilzero, and that all Ancillary Outstandings are repaid not later than the Final Maturity Termination Date (or such earlier date as the Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).
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