Alpha Facility definition

Alpha Facility has the meaning specified in Preliminary Statement (4).
Alpha Facility means that 40 Mega Watt mining facility located at 2747 Xxxxxxx Xxx Xxxxxxx Xxxxx, XX 00000 xxx including, without limitation, all assets and property of the Borrower and USDTG in respect thereof and located therein.
Alpha Facility means that certain Amended and Restated Performance Agreement, effective as of March 27, 2001 (as amended and in effect from time to time, the "Alpha Guaranty"), entered into by the Company in favor of ABG Gas Supply, L.L.C. pursuant to which the Company guaranteed the obligations of (1) DMT Supply LP under that certain Amended and Restated Natural Gas Purchase Agreement dated as of March 27, 2001 and (2) Dynegy Marketing & Trade under that certain Nomination Agreement dated as of March 27, 2001 each as amended, related, modified, renewed, refunded, replaced (whether upon or after termination or otherwise) or refinanced (including by means of sales of debt securities to investors) in whole or in part from time to time (the Alpha Guaranty and the documents referred to in clauses (1) and (2) are collectively referred to as the "Alpha Facility").

Examples of Alpha Facility in a sentence

  • In the event of cessation of operations at the Alpha Facility, or the relocation of any mining equipment to another facility in accordance with Section 7.5, there shall be no breach of this Section 7.11 so long as the Loan Parties are using commercially reasonable efforts to cause such mining equipment to comply with the Adjusted Uptime requirements of this Section 7.11.

  • Cause, on or prior to March 15, 2023, all of the Deployed Miners to be fully installed, put into use to remain operational and fully utilized at the Alpha Facility and/or Wolf Hollow.

  • Each Lender who is also a "lender" or similar party of interest under the Alpha Facility, the CoGen Facility or the Riverside Facility confirms that by executing this Agreement it authorizes the agent under the Alpha Facility, the CoGen Facility and the Riverside Facility, as the case may be, to execute the Collateral Trust Agreement in its capacity as agent.

  • If the Alpha Ship becomes a Total Loss (as defined in the Alpha Facility Agreement), the Borrower or the Parent shall procure that on the Total Loss Repayment Date (as defined in the Alpha Facility Agreement) the net total loss proceeds remaining following the prepayment in full of the sums owing under the Alpha Facility Agreement are applied (and the payment of any reasonable expenses as may be approved) in part prepayment of the Loan.

  • Prepay all amounts outstanding under the Alpha Facility (including, without limitation, the term loans thereunder and the related Hedging Obligations and obtain return of the letters of credit issued in connection therewith) within 90 days after the Closing Date.

  • Upon the collateralization of each of the CoGen Facility, the Riverside Facility and the Alpha Facility, as described in the preceding sentence, the Release Date shall be deemed to have occurred, and upon the Shared Collateral Termination Date, the Credit Agreement Obligations shall be deemed not to be Secured Obligations and holders of Credit Agreement Obligations shall be deemed not to be Secured Parties on account thereof.

  • An Event of Default (as defined in the Alpha Facility Agreement) occurs under the Alpha Facility Agreement.


More Definitions of Alpha Facility

Alpha Facility has the meaning specified in the Preliminary Statements of this Agreement.
Alpha Facility means the financing, including the equity paid, the letters of credit issued, and the interest rate swaps entered into in connection therewith, under (a) the Amended and Restated Performance Agreement, effective as of March 27, 2001 entered into by the Borrower in favor of ABG Gas Supply, L.L.C., (b) the Amended and Restated Natural Gas Purchase Agreement dated as of March 27, 2001 between DMT Supply LP and ABG Gas Supply, L.L.C. and (c) the Nomination Agreement dated as of March 27, 2001 between Dynegy Marketing & Trade and ABG Gas Supply, L.L.C.
Alpha Facility means that certain Amended and Restated Performance Agreement, effective as of March 27, 2001 (as amended and in effect from time to time, the "Alpha Guaranty"), entered into by the Borrower in favor of ABG Gas Supply, L.L.C. pursuant to which the Borrower guaranteed the obligations of (i) DMT Supply LP under that certain Amended and Restated Natural Gas Purchase Agreement dated as of March 27, 2001 and (ii) Dynegy Marketing & Trade under that certain Nomination Agreement dated as of March 27, 2001 (the Alpha Guaranty and the documents referred to in clauses (i) and (ii) are collectively referred to herein as the "Alpha Facility").

Related to Alpha Facility

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

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

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • 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.

  • Senior Facility has the meaning given to the term “Facility” in the Senior Facilities Agreement.

  • Senior Facilities means the Credit Agreement and any Additional Senior Debt Facilities.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.

  • Recycling Facility means equipment used by a trade or business solely for recycling: