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This excerpt taken from the LUX 20-F filed Jun 28, 2006. Maximum number of Loans
(a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation:(i) 3 or more Facility A Loans would be outstanding; or(ii) 3 or more Facility B Loans would be outstanding; or(iii) 7 or more Facility C Loans would be outstanding.(b) The Italian Borrower may not request that a Facility A Loan be divided if, as a result of the proposed division, 6 or more Facility A Loans would be outstanding.(c) The US Borrower may not request that a Facility B Loan be divided if, as a result of the proposed division, more than 6 Facility B Loans would be outstanding.(d) Any Loan made by a single Lender under Clause 6 (Unavailability of currency) shall not be taken into account in this Clause 4.4. |
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