The Interim Facilities Sample Clauses

The Interim Facilities. Subject to the terms of this Agreement, the Interim Lenders make available to the Borrower an interim term loan facility in an aggregate amount equal to the Total Interim Commitments (the Interim Facility) available to be utilised in US Dollars.
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The Interim Facilities. Subject to the terms of this Agreement the Interim Term Lenders make available to Bidco an interim term loan facility in an aggregate amount equal to the Total Interim Term Commitments (the Interim Term Facility).
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The Interim Facilities. (a) Subject to the terms of this Agreement, the Interim Lenders make available to: (i) Midco, an interim senior term loan facility in an aggregate amount equal to GBP 260,000,000 (the “Interim Bridge Facility”) available to be utilised in GBP; and (ii) the Borrowers, an interim multi-currency revolving facility in an aggregate amount equal to GBP 75,000,000 (the “Interim Revolving Facility”) available to be utilised in GBP or an Approved Currency. (b) The undrawn Interim Commitments of each Interim Lender under the Interim Bridge Facility will be automatically cancelled and reduced to zero at 11:59pm in London on the last day of the Certain Funds Period. (c) The undrawn Interim Revolving Commitments of each Interim Lender under the Interim Revolving Facility will be automatically cancelled and reduced to zero on close of business in London on the earlier of: (i) the last day of the Interim Revolving Facility Availability Period; and (ii) if the Interim Closing Date has not occurred on or prior to the last day of the Certain Funds Period, the last day of the Certain Funds Period. KE 123921820.16 (d) The Obligors’ Agent may, by two (2) Business Days’ prior written notice to the Interim Facilities Agent, at any time cancel any undrawn amount of the Interim Facilities.
Sample 1
The Interim Facilities. Availability (A) Subject to the terms of this Agreement, the Interim Lenders make available to the Company: (i) an interim term loan facility in an aggregate amount equal to the Total Interim Term Commitments, available to be utilised in GBP; and (ii) an interim revolving credit facility in an aggregate amount equal to the Total Interim Revolving Commitments, available to be utilised in GBP. (B) The undrawn Interim Commitments of each Interim Lender under the Interim Term Facility will be automatically cancelled on the earliest to occur of: (i) 11:59 p.m. (London time) on the End Date; and (ii) the date on which the Long-term Financing Agreements in respect of each credit facility constituting a Long-term Financing Agreement have been executed by all parties thereto and the Financial Advisor is satisfied (taking into account the Financial Advisor’s obligations under Rules 2.7(d) and 24.8 of the Takeover Code) that (i) the Long-term Financing Agreements are no less certain as to conditionality of funding than this Agreement and provide the same quantity of funding for the same purposes as this Agreement, and (ii) the initial conditions precedent specified therein have been satisfied or waived (as evidenced by a duly signed and unqualified conditions precedent satisfaction letter issued pursuant to the terms of such Long-term Financing Agreement(s)). (C) The undrawn Interim Commitments of each Interim Lender under the Interim Revolving Facility will automatically be cancelled and reduced to zero on the earliest to occur of: (i) 11:59 p.m. (London time) on the last day of the Interim Revolving Facility Availability Period; (ii) 11:59 p.m. (London time) on the End Date if the Interim Term Facility has not been drawn by then; and (iii) the date on which the Long-term Financing Agreements in respect of each credit facility constituting a Long-term Financing Agreement have been executed by all parties thereto and the Financial Advisor is satisfied (acting reasonably taking into account the Financial Advisor’s obligations under Rules 2.7(d) and 24.8 of the Takeover Code) that (i) the Long-term Financing Agreements are no less certain as to conditionality of funding than this Agreement and provides the same quantity of funding for the same purposes as this Agreement, and (ii) the initial conditions precedent specified therein have been satisfied or waived (as evidenced by a duly signed and unqualified conditions precedent satisfaction letter issued pursuant to the ...
Sample 1
The Interim Facilities. Subject to the terms of this Agreement, the Interim Lenders make available to the Borrower: (a) an interim term loan facility in an aggregate amount equal to the Total Interim Facility B1 Commitments (Interim Facility B1) available to be utilised in US Dollars; (b) an interim term loan facility in an aggregate amount equal to the Total Interim Facility B2 Commitments (Interim Facility B2) available to be utilised in US Dollars; (c) an interim term loan facility in an aggregate amount equal to the Total Interim Facility B3 Commitments (Interim Facility B3) available to be utilised in US Dollars; (d) an interim revolving facility in an aggregate amount equal to the Total Interim Revolving Facility 1 Commitments (the Interim Revolving Facility 1) available to be utilised in US Dollars and any other currency agreed between the Obligors' Agent and the Interim Facility Agent (acting on the instructions of the Interim Revolving Facility Lenders) and (e) an interim revolving facility in an aggregate amount equal to the Total Interim Revolving Facility 2 Commitments (the Interim Revolving Facility 2) available to be utilised in US Dollars and any other currency agreed between the Obligors' Agent and the Interim Facility Agent (acting on the instructions of the Interim Revolving Facility Lenders).
Sample 1
The Interim Facilities. (a) Subject to the terms of this Agreement, the Interim Lenders make available to the Borrower: (i) an interim term loan facility in an aggregate amount equal to the Total Interim Facility B Commitments; (ii) an interim capex and acquisition term loan facility in an aggregate amount equal to the Total Interim CAF Commitments; and (iii) an interim revolving credit facility in an aggregate amount equal to the Total Interim Revolving Facility Commitments. (b) In addition to Interim Revolving Facility Loans, the Interim Revolving Facility shall also be available for Utilisation by way of Interim Bank Guarantee. The provisions of Schedule 8 (Interim Bank Guarantee Provisions) shall form part of this Agreement and bind each Party to it.
Sample 1

Related to The Interim Facilities

  • Existing Facilities Each of the Existing Facilities shall be repaid in full and terminated and all collateral security therefor shall be released, and the Administrative Agent shall have received pay-off letters in form and substance satisfactory to it evidencing such repayment, termination and release.

  • Banking Facilities Schedule 3.25 sets forth a complete and correct list of: (a) each bank, savings and loan or similar financial institution in which the Company or any of its Subsidiaries has an account or safety deposit box and the numbers of such accounts or safety deposit boxes maintained thereat; and (b) the names of all persons authorized to draw on each such account or to have access to any such safety deposit box, together with a description of the authority (and conditions thereto, if any) of each person with respect thereto.

  • New Facilities For all new Generating Facilities to be interconnected pursuant to the Tariff, other than wind- powered and other non-synchronous generation facilities, the Generation Interconnection Customer shall design its Customer Facility to maintain a composite power delivery at continuous rated power output at a power factor of at least 0.95 leading to 0.90 lagging. For all new wind- powered and other non-synchronous generation facilities the Generation Interconnection Customer shall design its Customer Facility with the ability to maintain a composite power delivery at a power factor of at least 0.95 leading to 0.95 lagging across the full range of continuous rated power output. For all wind-powered and other non-synchronous generation facilities entering the New Service Queue on or after November 1, 2016, the power factor requirement shall be measured at the high-side of the facility substation transformers. This power factor range standard shall be dynamic and can be met using, for example, power electronics designed to supply this level of reactive capability (taking into account any limitations due to voltage level, real power output, etc.) or fixed and switched capacitors, or a combination of the two. For all wind-powered and other non-synchronous generation facilities entering the New Service Queue on or after May 1, 2015, and before November 1, 2016, the power factor requirement shall be measured at the generator’s terminals. For new generation resources of more than 20 MW, other than wind- powered and other non-synchronous Generating Facilities, the power factor requirement shall be measured at the generator’s terminals. For new generation resources of 20 MW or less, and all wind-powered and other non-synchronous generation facilities entering the New Service Queue prior to May 1, 2015, the power factor requirement shall be measured at the Point of Interconnection. Any different reactive power design criteria that Transmission Provider determines to be appropriate for a wind-powered or other non-synchronous generation facility shall be stated in the Interconnection Service Agreement. A Transmission Interconnection Customer interconnecting Merchant D.C. Transmission Facilities and/ or Controllable A.C. Merchant Transmission Facilities shall design its Customer Facility to maintain a power factor at the Point of Interconnection of at least 0.95 leading and 0.95 lagging, when the Customer Facility is operating at any level within its approved operating range.

  • The Facilities Subject to the terms of this Agreement, the Lenders make available to the Borrower: (a) a sterling term loan facility in an aggregate amount equal to the Total Facility A Commitments; (b) a sterling term loan facility in an aggregate amount equal to the Total Facility B Commitments; and (c) a sterling term loan facility in an aggregate amount equal to the Total Facility C Commitments.

  • PUBLIC FACILITIES Supplier’s employees may be required to perform work at government- owned facilities, including schools. Supplier’s employees and agents must conduct themselves in a professional manner while on the premises, and in accordance with Participating Entity policies and procedures, and all applicable laws.

  • Early Construction of Base Case Facilities Developer may request Connecting Transmission Owner to construct, and Connecting Transmission Owner shall construct, subject to a binding cost allocation agreement reached in accordance with Attachment S to the ISO OATT, including Section 25.8.7 thereof, using Reasonable Efforts to accommodate Developer’s In-Service Date, all or any portion of any System Upgrade Facilities or System Deliverability Upgrades required for Developer to be interconnected to the New York State Transmission System which are included in the Base Case of the Class Year Study for the Developer, and which also are required to be constructed for another Developer, but where such construction is not scheduled to be completed in time to achieve Developer’s In-Service Date.

  • Equipment and Facilities For On-Site Courses, you will supply the facility and equipment as set forth at xxx.xxxxxx.xxx/xxxxxxxx/xxxxxxxxx/xxxxxxxxxxxx.xxxx. If Red Hat agrees to provide the training facilities and hardware, you will be liable for any loss or destruction of this equipment and hardware used in connection with the Training.

  • Trading Facilities Most open-outcry and electronic trading facilities are supported by computer-based component systems for the order-routing, execution, matching, registration or clearing of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses may be subject to limits on liability imposed by the system provider, the market, the clearing house and/or member firms. Such limits may vary; you should ask the firm with which you deal for details in this respect.

  • Working Facilities During the Term of Employment, the Company shall furnish the Executive with an office, secretarial help and such other facilities and services suitable to his position and adequate for the performance of his duties hereunder.

  • Interconnection Facilities Engineering Procurement and Construction Interconnection Facilities, Network Upgrades, and Distribution Upgrades shall be studied, designed, and constructed pursuant to Good Utility Practice. Such studies, design and construction shall be based on the assumed accuracy and completeness of all technical information received by the Participating TO and the CAISO from the Interconnection Customer associated with interconnecting the Large Generating Facility.

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