Ancillary Facility Letter definition

Ancillary Facility Letter means a letter or letters dated on or about the Third Effective Date between the Borrower and the Designated Facility B Lenders, setting out the maximum rates of interest, fees and commissions that they will respectively charge in respect of any Ancillary Facilities provided by them.
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Ancillary Facility Letter means a facility letter entered into by an Ancillary Lender and one or more Borrowers in accordance with clause 6 (Ancillary Facilities);
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Ancillary Facility Letter means a letter or letters dated on or about the date of this Agreement between the Borrower and the Designated Facility B Lenders, setting out the maximum rates of interest, fees and commissions that they will respectively charge in respect of any Ancillary Facilities provided by them.
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Examples of Ancillary Facility Letter in a sentence

  • Evidence that each Fee Letter and the Ancillary Facility Letter has been duly executed by the parties to it.

  • The terms on which Ancillary Facilities are made available shall be as set out in the relevant Ancillary Facility Letter.

  • Each Ancillary Facility Letter shall be in a form approved by the Facility Agent (that approval not to be unreasonably withheld or delayed if that Ancillary Facility Letter complies with the requirements of the Senior Finance Documents).

  • If any tax or amounts in respect of tax must be deducted, or any other deductions must be made, from any amounts payable or paid by an Obligor, or paid or payable by the Agent to a Bank, under the Finance Documents (other than the Ancillary Facility Letter), the Obligor shall pay such additional amounts as may be necessary to ensure that the relevant Bank receives a net amount equal to the full amount which it would have received had payment not been made subject to tax or any other deduction.

  • The parties to this Deed acknowledge and agree that the definition of "SECURED LIABILITIES" in the Security Agreement includes all present and future obligations an liabilities (whether actual or contingent and whether owned jointly or severally or in any other capacity whatsoever) of the Chargor to the Finance Parties under each Finance Document to which the Chargor is a party, and including, without limitation, the Chargor's liabilities under the Amended Ancillary Facility Letter.

  • If any borrower under any Ancillary Facilities is not an Obligor then the Target must in the relevant Ancillary Facility Letter assume joint and several liability for the obligations of such borrower under the terms of the relevant Ancillary Facilities on terms satisfactory to the Facility Agent (acting reasonably).

  • The Facility Agent may, and shall if so instructed by the Majority Banks, at any time whilst Default is subsisting, by notice to the Borrower's Agent and the Ancillary Bank or Hedging Bank (as appropriate) require all payments by MCE under or in respect of Ancillary Facility Letter or any Hedging Agreement to be made to it (for the account of the Ancillary Bank or the relevant Hedging Bank) in accordance with Clause 10 (Payments).

  • No Borrower may cancel all or any part of the Facilities except as expressly provided in this Agreement or, in relation to the Ancillary Facilities, any Ancillary Facility Letter.


More Definitions of Ancillary Facility Letter

Ancillary Facility Letter means any document setting out terms on which any Ancillary Facility is made available.
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Related to Ancillary Facility Letter

  • Ancillary Facility means any ancillary facility made available by an Ancillary Lender in accordance with Clause 6 (Ancillary Facilities).

  • Facility Letter means the facility letter and the other letters of offer or other letters which may from time to time be issued by the Bank to the Borrower in relation to the Facilities.

  • Facility Letter of Credit means a Letter of Credit issued by the Issuer pursuant to Section 2.2.

  • Ancillary Commitment means, in relation to an Ancillary Lender and an Ancillary Facility, the maximum Base Currency Amount which that Ancillary Lender has agreed (whether or not subject to satisfaction of conditions precedent) to make available from time to time under an Ancillary Facility and which has been authorised as such under Clause 7 (Ancillary Facilities), to the extent that amount is not cancelled or reduced under this Agreement or the Ancillary Documents relating to that Ancillary Facility.

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Ancillary Lender means each Lender (or Affiliate of a Lender) which makes available an Ancillary Facility in accordance with Clause 7 (Ancillary Facilities).

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Extended Letter of Credit has the meaning given that term in Section 2.3.(b).

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Facility LC Application is defined in Section 2.19.3.

  • Fee Letters means, collectively, (a) the Arranger Fee Letter and (b) the Administrative Agent Fee Letter.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Arranger Fee Letter means that certain Arranger Fee Letter related to this Agreement, entered into by the Company and dated November 23, 2015.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Fee Letter means any letter or letters dated on or about the date of this Agreement between the Arrangers and the Original Borrowers or the Parent (or the Agent and the Parent) setting out any of the fees referred to in Clause 11 (Fees).

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Trade Letter of Credit shall have the meaning provided in Section 2.01(a).

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Lender Fee Letter means each fee letter agreement that shall be entered into by and among the Borrower, the Servicer and the applicable Lender in connection with the transactions contemplated by this Agreement, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Local Facility Agreements means any agreement under which a Local Facility is made available.

  • Existing Letter of Credit means a “Letter of Credit” issued pursuant to the terms of, and as defined in, the Existing Credit Agreement and outstanding on the Closing Date and described on Schedule 1.01(B).

  • Ancillary Fees With respect to any Serviced Loan, any and all demand fees, beneficiary statement charges, fees for insufficient or returned checks and other usual and customary charges and fees (other than Modification Fees, Consent Fees, Penalty Charges, Assumption Fees, assumption application fees and defeasance fees) actually received from the related Mortgagor.

  • Ancillary Outstandings means, at any time, in relation to an Ancillary Lender and an Ancillary Facility then in force the aggregate of the equivalents (as calculated by that Ancillary Lender) in the Base Currency of the following amounts outstanding under that Ancillary Facility:

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof.