Examples of AR Facility in a sentence

Borrowings under the A/R Facility are subject to interest rates based on a spread over the lender's borrowing costs, and the Company pays a fee to maintain availability of the A/R Facility.
AR Facility On October 21, 2020, EnLink Midstream Funding, LLC, a bankruptcy-remote special purpose entity that is an indirect subsidiary of ENLC (the “SPV”) entered into the AR Facility.
Each Holder of an A/R Facility Claim shall receive, in full and final satisfaction of such Claim, Cash in an amount equal to such Allowed A/R Facility Claim.
Free cash flow is defined as net cash flow from operating activities plus contingent acquisition consideration paid, less purchases of fixed assets, plus cash collections on AR Facility deferred purchase price less distributions to non-controlling interests.
The company received proceeds of $1.2 billion in 2009 from sales of accounts receivable interests under the A/R Facility.

More Definitions of AR Facility

AR Facility means that certain prepetition secured accounts receivable facility provided for under the A/R Facility Credit Agreement in the original aggregate principal amount of $150.0 million between Acosta ARC II, as borrower, Acosta, as master servicer, certain of the Debtors as originators, obligors or guarantors, the A/R Facility Agent, and the A/R Facility Lenders.

AR Facility means the Facility evidenced by the Total AR Commitment.

AR Facility means the Parent’s revolving accounts receivable securitization facility entered into on June 30, 2017, by and among the Parent, Outfront Media LLC, Outfront Media Receivables LLC, Outfront Media Receivables TRS, LLC and MUFG Bank, Ltd, as amended and restated on July 19, 2019, as may be further amended, supplemented, modified, extended, renewed, restated, refunded, refinanced or replaced from time to time.

AR Facility means the receivables financing facility under the Second Amended and Restated Receivables Purchase Agreement dated as of the date hereof (the “RPA”) by and among, Presidio Capital Funding LLC, as Seller, the Company, as Servicer, the sub-servicers from time to time party thereto, the various purchaser groups from time to time party thereto and PNC Bank, National Association as Administrator and the Transaction Documents (as defined in the RPA), in each case, as may be amended, restated, refinanced or otherwise modified from time to time to the extent that, after giving effect thereto, such facility constitutes a Permitted Securitization Facility.

AR Facility shall have the meaning ascribed to such term in the Note.

AR Facility means all Indebtedness and other obligations of the Company and its Subsidiaries pursuant to that certain Credit and Security Agreement, dated June 27, 2023 (the “AR Credit Agreement”), by and between Scilex Pharmaceuticals, Inc., as borrower, and eCapital Healthcare Corp., as lender, and the related Guaranty Agreement, dated June 27, 2023, by and between eCapital Healthcare Corp. and the Company, as guarantor, in each case, as in effect on the date of the Securities Purchase Agreement.

AR Facility means the receivables financing facility under the receivables purchase agreement and related agreements expected to be in effect on the Issue Date by and among, Presidio Capital Funding LLC (or any other Securitization Subsidiary), as Seller, Presidio, Inc., as Servicer, the sub-servicers from time to time party thereto, the various purchaser groups from time to time party thereto and PNC Bank, National Association, as Administrator, and the agreements relating thereto, in each case, as may be amended, restated, refinanced or otherwise modified from time to time.