Facility Agreements Sample Clauses
A Facility Agreements clause defines the terms and conditions under which a lender provides a borrower with access to a specific credit facility, such as a loan or line of credit. This clause typically outlines the types of facilities available, the borrowing limits, interest rates, repayment schedules, and any covenants or conditions precedent to drawing funds. By clearly setting out the operational framework for borrowing, the clause ensures both parties understand their rights and obligations, thereby reducing the risk of disputes and facilitating smooth financial transactions.
Facility Agreements. (a) Description and requirements. A fa- cility agreement is a site-specific agreement between the U.S. Govern- ment and the OPCW. Its purpose is to define procedures for inspections of a specific declared facility that is subject to inspection because of the type or amount of chemicals it produces, proc- esses or consumes.
Facility Agreements. Prior to Commencement Date, Owner will ------------------- provide Operator with complete and correct copies of the Facility Agreements described on Appendix B.
Facility Agreements. This Agreement does not relieve Grantee of any obligations to obtain pole or conduit space from any department of Grantor, from any utility company, or from others maintaining utilities in Grantor's streets.
Facility Agreements. The Facility Agreements (including a Custodial Agreement in a form acceptable to Buyer) duly executed and delivered by the parties thereto and being in full force and effect, free of any modification, breach or waiver.
Facility Agreements. The Facility Agreements listed on Exhibit G hereto are all of the Facility Agreements relating to or affecting any of the Facilities. Sunrise has heretofore delivered to Investor true and complete copies of all such Facility Agreements, including all amendments and modifications thereto; Sunrise is not in default of any of its material obligations under any of such Facility Agreements, and Sunrise has no knowledge of any material default on the part of any other party thereto. All the Facility Agreements listed on Exhibit G are currently in full force and effect. Except for the Facility Agreements and the Resident Agreements described in Section 4.12 above, there are no material service contracts, leases or other contracts or agreements affecting any of the Facilities.
Facility Agreements. The provisions of this Section 23.25 shall apply to all Facility Agreements and to the extent any provisions of this Section 23.25 and the definitions used herein are inconsistent with any provision of such Facility Agreements or any other Finance Documents, the provisions of this Section 23.25 shall be controlling.
Facility Agreements. All of the Company’s and Business’ contracts, agreements and understandings (collectively, the “Facility Agreements”) with any party regarding the provision of ambulatory surgical services to patients, including without limitation, all the Facility Agreements with health maintenance organizations, preferred provider organizations, third-party payors, independent practice associations, physician hospital organizations, management services organizations, employers, labor unions, hospitals, clinics, ambulatory surgery centers, and Medicare and Medicaid intermediaries, (a copy of each of the Facility Agreements has been provided to Purchaser and is described on the Disclosure Schedule 1.1(p)).
Facility Agreements. The Purchaser or its designee, ▇▇▇▇▇▇-▇▇▇▇▇ Realty Co. LLC, shall have entered into a binding agreement with the Partnership with respect to the Kent facility as described in Section 7.3, and the Purchaser shall have entered into binding agreements to sublease the other facilities as described in Section 7.4.
Facility Agreements. On 29 January 2014, ▇▇ ▇▇▇ as borrower entered into the Facility Agreements with, among others, a group of financial institutions as lenders (the “Lenders”). The Offshore Term Loan is a dual-currency term loan facility with an aggregate amount of approximately US$320 million divided into two tranches: (i) United States dollar tranche with an aggregate amount of US$225 million; and (ii) Hong Kong dollar tranche with an aggregate amount of HK$741 million, with final maturity of three years from the date of the first utilization under the Offshore Facility Agreement and an interest of LIBOR or HIBOR (as applicable) plus 4.00% per annum. The Onshore Term Loan is a term loan facility with a facility amount of RMB1 billion, with final maturity of three years from the date of the first utilization under the Onshore Facility Agreement and an interest of 106% times PBOC Base Rate per annum. Pursuant to the Facility Agreements, it requires that, among others, (i) the entire issued share capital of ▇▇ ▇▇ is beneficially owned by the Company, (ii) the Controlling Shareholders will collectively maintain beneficial ownership of at least 51% of the entire issued share capital of the Company, (iii) any of ▇▇. ▇▇▇ ▇▇▇▇▇, ▇▇. ▇▇▇ ▇▇▇ and ▇▇. ▇▇▇ ▇▇▇▇ shall remain as the chairman of the Board, and (iv) 50% of the entire issued share capital of ▇▇ ▇▇▇ BVI will continue to be legally and beneficially owned by ▇▇ ▇▇; otherwise it will lead to an event of default. Upon and at any time after the occurrence of an event of default, the Lenders may immediately cancel all or any part of their respective commitments and the outstanding amount under the Facility Agreements together with interest accrued thereon may become immediately due and payable. As at the date of this announcement, the Controlling Shareholders are collectively beneficially interested in approximately 66.89% of the total issued share capital of the Company.
Facility Agreements. On 4 November 2014, ▇▇ ▇▇ as borrower entered into the Offshore Facility Agreement with a group of offshore financial institutions as lenders. The Offshore Term Loan is a Hong Kong dollars denominated term loan facility with an aggregate amount of HK$1,440,000,000, with final maturity of three years from the date of the first utilization under the Offshore Facility Agreement and an interest of HIBOR plus 4.00% per annum. On 4 November 2014, ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇ as borrower entered into the Onshore Facility Agreement with a group of onshore financial institutions as lenders. The Onshore Term Loan is a Renminbi denominated term loan facility with an aggregate amount of RMB1,500,000,000, with final maturity of three years from the date of the first utilization under the Onshore Facility Agreement and an interest of 106% times 1-year to 3-year PBOC Base Lending Rate per annum. Pursuant to the Facility Agreements, the Company provided guarantees covering 50% of any and all obligations under the Term Loans.