Facility C Termination Date definition
Examples of Facility C Termination Date in a sentence
The Facility C Total Commitment and the Facility C Commitment of each Lender shall terminate on the Facility C Termination Date.
Within the limits of the Facility C Available Commitment and subject to the terms of this Agreement, the US Borrower may reborrow under the Facility C Credit any amount so repaid; for greater certainty, the US Borrower may not reborrow any amount repaid after the Facility C Termination Date.
Where the Company requests an extension of the Facility C Termination Date pursuant to Clause 2.3 (Extension of Facility C Termination Date), the Company shall, no later than the Original Facility C Termination Date or the First Extended Facility C Termination Date (as applicable), pay to the Agent (for the account of each Lender under Facility C) an extension fee in an amount equal to 0.10 per cent.
For the avoidance of doubt, the extension of the Original Facility C Termination Date or, as the case may be, the First Extended Facility C Termination Date shall not require the consent of any Finance Party.
In the event that a Lender declines to extend its Facility C Commitments pursuant to the Second Extension Request, the amount of the Total Facility C Commitments shall, following the Initial Facility C Termination Date, reduce by the amount of that declining Lender's Facility C Commitments accordingly.
In the event that a Lender declines to extend its Facility C Commitments pursuant to the Second Extension Request, the amount of the Total Facility C Commitments shall, following the Initial Facility C Termination Date, reduce by the amount of that declining Lender’s Facility C Commitments accordingly.
This fee will accrue on a daily basis from the date of this Agreement until the latest of the Facility C Termination Date, the Facility A Commitment Expiry Date and the Facility B Commitment Expiry Date (the "Final Date").