LUX » Topics » Dissenting Lender

This excerpt taken from the LUX 20-F filed Jun 28, 2006.
Dissenting Lender”):

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(i)                                     the Borrowers shall repay in full the portion of any Dissenting Lender’s outstanding Facility B Loans and, as the case may be, Facility C Loans; and
(ii)                                  the Facility B Available Commitment and, as the case may be, Facility C Available Commitment of such Dissenting Lender shall automatically be cancelled in full,
in relation to a First Anniversary Request, upon the original Termination Date and in relation to a Second Anniversary Request, upon the expiry of the First Extension Period, in each case pursuant to paragraph (b) above.

(d)                                 The Italian Borrower shall only make one First Anniversary Request or, as the case may be, one Second Anniversary Request in respect of both Facility B and Facility C and a Lender which is a Facility B Lender and a Facility C Lender may only consent to such First Anniversary Request or, as the case may be, such Second Anniversary Request in respect of both Facility B and Facility C.

(e)                                  The Agent shall notify the Italian Borrower in writing the names of the Consenting Lenders and/or the Dissenting Lenders, as the case may be.

7.5.                             

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