Aggregation Facility definition

Aggregation Facility has the meaning set forth in the preamble hereto.
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Aggregation Facility means that certain Loan Agreement, dated as of May 4, 2015, among Megalodon Solar, LLC, as borrower, the Company, as limited guarantor, each other loan party from time to time party thereto, each of the conduit lenders from time to time party thereto, each of the committed lenders from time to time party thereto, each of the group agents from time to time party thereto and Bank of America, N.A., as collateral agent and administrative agent, as amended, supplemented or otherwise modified from time to time, together with any other documents, agreements or instruments entered into in connection with the foregoing.
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Aggregation Facility means the Letter Agreement, dated as of April 1, 2000, among the Lender, Xxxxxxx Xxxxx Xxxxxx Inc., the Borrower and the Servicer.
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Examples of Aggregation Facility in a sentence

  • Debt service includes both (a) Aggregation Facility debt for the first two years, based on the terms of our current facility, as well as (b) Solar Asset-Backed Loans, which we assume we issue at the end of year two to refinance the Aggregation Facility debt.

  • To provide working capital for the Borrower, the Borrower and/or one or more Subsidiaries or Affiliates of the Borrower contemplate entering into an aggregation facility (the “Aggregation Facility”) with Bank of America, N.A. and/or other lenders secured in part by certain of the Tax Equity Transactions and, until such time as the Aggregation Facility is entered into, the Borrower has requested that the Lenders extend credit to the Borrower in the form of a term loan in an aggregate amount of $75,500,000.

  • Senior loans under the Aggregation Facility bear interest at LIBOR +2.50% per annum for the initial three-year revolving availability period, stepping up to LIBOR +2.75% per annum in the following two-year period.

  • Aggregation Facility In September 2014, a wholly owned subsidiary of the Company entered into an aggregation credit facility (as amended, the “Aggregation Facility”), pursuant to which the Company may borrow up to an aggregate of $375.0 million and, upon the satisfaction of certain conditions and the approval of the lenders, up to an additional aggregate of $175.0 million in borrowings.

  • If the Administrative Agent shall exercise its inspection rights hereunder and also exercises its inspection rights under the LendingClub Aggregation Facility, it shall conduct its inspection in conjunction with the inspection conducted pursuant to the LendingClub Aggregation Facility and shall use procedures that avoid duplication and repetition of inspections conducted under the LendingClub Aggregation Facility.

  • With the exception of work falling within Appendix and of this Collective Agreement on projects where the contractors are primarily it is agreed that the hourly rate and overtime rate provisions may be amended by mutual agreement between the Employer and the Local Union having jurisdiction over the project, to enable the Employer to be on a fair and competitive basis.

  • Notwithstanding anything to the contrary contained herein, (a) Purchaser shall not be required to assume any Indebtedness (including the Aggregation Facility) unless it does so in its sole discretion and (b) Purchaser and Seller acknowledge and agree that if any Purchased Subsidiary is obligated to repay any of the Indebtedness and such Indebtedness remains outstanding as of the Closing, such Indebtedness will be deemed for all purposes to have been assumed by Purchaser for purposes of this Section 1.03.

  • Contractors for LWEC collect and process scrap wood at a Fuel Aggregation Facility (FAF) which has been operating under the April 2008 Scrap Wood Management Plan (Plan), which was accepted by the Michigan Department of Natural Resources and Environment (DNRE), formerly the Michigan Department of Environmental Quality, in a letter dated 22 April 2008.

  • The Originator has represented to the Purchaser that the Mortgage Loans are being serviced by the Originator in accordance with the terms and provisions set forth in the Aggregation Facility, as memorialized in the Letter Agreement dated February 22, 2000 (the "Aggregation Facility") between Salomon Brothers Realty Corp.

  • These borrowings included the following activity: under the Aggregation Facility maturing in September 2020, we incurred $40.0 million of principal borrowings; under the 2016 Term Loan Facility maturing in August 2021, we reduced principal borrowings by $4.4 million; under the 2017 Term Loan Facility maturing in January 2035, we reduced principal borrowings by $2.9 million; and under the Subordinated HoldCo Facility maturing in March 2020, we reduced principal borrowings by $0.5 million.


More Definitions of Aggregation Facility

Aggregation Facility means the Amended and Restated Loan Agreement dated as of September 12, 2014, as amended and restated as of November 25, 2015, as amended by Amendment No. 1, dated December 9, 2015, Amendment No. 2, dated January 15, 2016 and Amendment No. 3, dated March 7, 2016 by and among Aggregation Facility Borrower, Vivint Solar Holdings, Inc., the guarantors party thereto, the lenders party thereto, and Bank of America, N.A., as collateral and administrative agent, as amended, modified, supplemented or restated from time to time.
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Aggregation Facility means (a) initially, the Amended and Restated Loan Agreement dated as of September 12, 2014 as amended and restated as of November 25, 2015, as amended by Amendment No. 1, dated December 9, 2015, Amendment No. 2, dated January 15, 2016 and Amendment No. 3, dated March 7, 2016 by and among Vivint Solar Financing I, LLC, Vivint Solar Holdings, Inc., the guarantors party thereto, the lenders party thereto, and Bank of America, N.A., as collateral and administrative agent, as amended, modified, supplemented or restated from time to time in accordance with this Agreement and (b) any successor or additional aggregation or warehouse facility of the Excluded Subsidiaries in effect from time to time and entered into in accordance with this Agreement.
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Aggregation Facility means the Loan Agreement dated as of September 12, 2014, among VS Financing I, VS Holdings, the other guarantors party thereto, the lenders party thereto and Bank of America, N.A., as administrative agent and collateral agent thereunder.
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Aggregation Facility means (a) initially, the Amended and Restated Loan Agreement dated as of September 12, 2014 as amended and restated as of November 25, 2015, as amended by Amendment No. 1, dated December 9, 2015, Amendment No. 2, dated January 15, 2016 and Amendment No. 3, dated March 7, 2016 by and among Vivint Solar Financing I, LLC, Vivint Solar Holdings, Inc., the guarantors party thereto, the lenders party thereto, and Bank of America, N.A., as collateral and administrative agent, as amended, modified, supplemented or restated from time to time in accordance with this Agreement and(b) any successor or additional aggregation or warehouse facility of the Excluded Subsidiaries in effect from time to time and entered into in accordance with this Agreement.
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Related to Aggregation Facility

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • Distribution facilities means those facilities by and through which electricity is received from a transmission services provider and distributed to the customer and that are controlled or operated by a distribution services provider.

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • Common Facility Means a place where tenants utilise the same equipment such as kitchen, laundry and meeting room and or car park.

  • Participation Facility means any facility in which the applicable party (or a Subsidiary of it) participates in the management (including all property held as trustee or in any other fiduciary capacity) and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Destination facility means a facility that treats, disposes of, or recycles a particular category of universal waste, except those management activities described in subparagraphs (a) and (c) of sections 273.13 and 273.33. A facility at which a particular category of universal waste is only accumulated, is not a destination facility for purposes of managing that category of universal waste.

  • Cannabis cultivation facility means a person that:

  • Marijuana cultivation facility means an entity licensed to cultivate, prepare, and package marijuana and sell marijuana to retail marijuana stores, to marijuana product manufacturing facilities, and to other marijuana cultivation facilities, but not to consumers.

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Securitization Facility means any of one or more securitization, financing, factoring or sales transactions, as amended, supplemented, modified, extended, renewed, restated or refunded from time to time, pursuant to which the Company or any of the Restricted Subsidiaries sells, transfers, pledges or otherwise conveys any Securitization Assets (whether now existing or arising in the future) to a Securitization Subsidiary or any other Person.

  • Distributed generation facility means a facility owned and operated by a member of the Cooperative for the production of electrical energy that:

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Convention facility means all or any part of, or any combination of, a convention hall, auditorium, arena, meeting rooms, exhibition area, and related adjacent public areas that are generally available to the public for lease on a short-term basis for holding conventions, meetings, exhibits, and similar events, together with real or personal property, and easements above, on, or under the surface of real or personal property, used or intended to be used for holding conventions, meetings, exhibits, and similar events, together with appurtenant property, including covered walkways, parking lots, or structures, necessary and convenient for use in connection with the convention facility. Convention facility includes an attached arena with a seating capacity not exceeding 13,000. Convention facility does not include any arena with a seating capacity exceeding 13,000.

  • Common Facilities means the facilities under D.G.sets/D.G.rooms, water storage tanks its pumping and supply system, sewerage & drainage systems, electric sub-station/ transformers/electric panels/distribution network, maintenance service rooms, lawns including lighting & services etc., roads, pathways & driveways including street lighting & services etc., guard posts, fire hydrants & fire fighting system etc. and all such facilities and areas for common use and excluded from the computation of Super Area of the Said Premises;

  • Transportation facility means any transit, railroad,

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • On-site generation facility means a generation facility,

  • Customer Interconnection Facilities means all facilities and equipment owned and/or controlled, operated and maintained by Interconnection Customer on Interconnection Customer’s side of the Point of Interconnection identified in the appropriate appendices to the Interconnection Service Agreement and to the Interconnection Construction Service Agreement, including any modifications, additions, or upgrades made to such facilities and equipment, that are necessary to physically and electrically interconnect the Customer Facility with the Transmission System.

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Air navigation facility means any facility, other than one owned and operated by the United States, used in, available for use in, or designed for use in aid of air navigation, including any structures, mechanisms, lights, beacons, markers, communicating systems, or other instrumentalities or devices used or useful as an aid, or constituting an advantage or convenience to the safe taking off, navigation, and landing of aircraft, or the safe and efficient operation or maintenance of an airport, and any combination of any or all of such facilities.

  • Permitted Amount means, on any date, an amount equal to 3.5 times Adjusted EBITDA as of the most recent fiscal quarter for which financial statements of the Company are internally available immediately preceding such date.

  • Rehabilitation facility means a facility that is operated for the primary purpose of assisting in the rehabilitation of disabled individuals by providing comprehensive medical evaluations and services, psychological and social services, or vocational evaluation and training or any combination of these services and in which the major portion of the services is furnished within the facility.

  • Transportation Facilities means any physical facility that moves or assist in the movement of people or goods including facilities identified in OAR 660-012-0020 but excluding electricity, sewage, and water systems.