Alternative Facility definition

Alternative Facility means any revolving credit facility, working capital facility, Permitted Securitization or accounts receivable facility (other than a Permitted Factoring) (including letters of credit and reimbursement obligations with respect thereto and Interest Rate Agreements and/or Currency Agreements secured hereunder) incurred by any Subsidiary of Holdings (or Securitization Subsidiary) and, if applicable, secured solely by Alternative Facility Liens that are permitted to be incurred hereunder; provided, no later than the date that is 30 days after the date on which such Indebtedness is incurred by any such Subsidiary, such Indebtedness is designated by Holdings or Tronox US, in a certificate of an Authorized Officer delivered to Administrative Agent, as “Alternative Facility Debt.”

Alternative Facility means (i) one or more debt facilities or other financing arrangements with banks or other institutional lenders providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit Incurred by any Subsidiary of Parent and secured solely by Liens upon one or more assets comprising collateral (A) of the relevant Subsidiary of Parent that is an obligor or provides credit support to such obligor under the relevant Alternative Facility and (B) that secures the ABL Facility, in each case, as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time and (ii) any Credit Facility.

Alternative Facility means any alternative hospitality facility at the Event that ASM makes available to the Client or any Client Party in the circumstances described in clause 4.3;

Examples of Alternative Facility in a sentence

• If the use of the proposed Alternative Facility is anticipated to or actually 569 does exceed thirty (30) days in a consecutive twelve (12) month period, the use of such 570 Processing Facility shall be subject to approval by the City Franchise Contract Administrator.

• The notification shall, at a minimum, include: the date and a description of the 715 reasons that the Designated Organic Materials Processing Facility is not able to Process and 716 recover the Compostable Plastics; the period of time the Designated Organic Materials 717 Processing Facility will not Process and recover these materials; and, the Contractor’s 718 proposed plan to find an Alternative Facility or arrangement to Process the Compostable 719 Plastics, subject to City approval.

• Within forty-eight (48) hours of such 563 emergency or sudden and unforeseen closure, the Contractor shall provide a written 564 description of the reasons the use of the Approved Recyclable Materials Processing Facility is 565 not feasible and the period of time Contractor proposes to use the Alternative Facility.

• If Contractor is unable to use the Approved Recyclable 559 Materials Processing Facility due to an event that meets the requirements for excusing 560 Contractor from performance of this specific obligation as described in Section 10.7, 561 Contractor shall use an Alternative Facility provided that the Contractor provides written 562 notice to City Franchise Contract Administrator.

• Such 566 a change in Processing Facility shall be temporarily permitted until such time as the City 567 Franchise Contract Administrator is able to consider and respond to the use of the proposed 568 Alternative Facility.

More Definitions of Alternative Facility

Alternative Facility means a facility selected by SATC and offered to the Client in place of a Facility, in accordance with clause 6.

Alternative Facility has the meaning set forth in Section 5.14(a).

Alternative Facility means, as of any day, the short term, uncommitted working capital loan facility of the Company with any Bank or Affiliate thereof other than those, if any, provided for in the Loan Documents.

Alternative Facility means a Facility approved by the City Franchise Contract Administrator for use in the event that an Approved Facility is unavailable.

Alternative Facility means any revolving credit facility, working capital facility, Permitted Securitization or accounts receivable facility (including letters of credit and reimbursement obligations with respect thereto and Interest Rate Agreements and/or Currency Agreements secured thereunder) incurred by any Foreign Subsidiary (or Securitization Subsidiary) of Borrower and secured by Alternative Facility Liens that are permitted to be incurred hereunder; provided, that (i) on or before the date on which such Indebtedness is incurred by any Foreign Subsidiary, such Indebtedness is designated by Borrower, in a certificate of an Authorized Officer delivered to Administrative Agent, as “Alternative Facility Debt” and

Alternative Facility means (i) any note purchase agreement entered into between the Sellers and Steamboat Funding Corporation, (ii) the GCM Repurchase Facility, (iii) the GCFP Repurchase Facility, and (iv) any financing, purchase, note purchase, repurchase or similar facility (other than the facility created by this Agreement) entered into between (a) the Buyer and the Sellers (or any of their Affiliates or Subsidiaries), or (b) the Sellers (or any of their Affiliates or Subsidiaries) and any other entity which is introduced to the Sellers (or any of their Affiliates or Subsidiaries) by the Buyer and which facility is arranged by the Buyer;

Alternative Facility means a facility other than the Disposal Facility, which is approved by Council under clause 5.4 for either or both of receiving and Disposing of Delivered Material under this Agreement. Application means any application for an Approval relating to the Services including, for the avoidance of doubt, applications specifically defined in this Agreement such as an Application for a Planning Approval. Approval means: