AIB Facility 2 means the leasing facility, established pursuant to the AIB Facilities Letter with AIB Leasing Limited and/or AIB, as the relevant lender and Parent, Trinity Biotech Manufacturing Limited and Trinity Biotech Financial Services Limited, as lessees in the amount of EUR (€)4,000,000 pursuant to the terms set forth in the AIB Facilities Letter.
Examples of AIB Facility 2 in a sentence
The Administrative Agent shall have received evidence of (i) the satisfaction of all obligations, and termination of all commitments, under AIB Facility 1, AIB Facility 2 and AIB Facility 4 and (ii) an amendment to Section 12(i) in the Standard Terms and Conditions of the AIB Facilities Letter to permit the Administrative Agent’s Lien on the Collateral, in each case on terms and provisions satisfactory to the Administrative Agent in its sole discretion.