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.