Bank Lines definition

Bank Lines means, with respect to the Company or any of its Restricted Subsidiaries, one or more debt facilities with banks or other lenders providing for revolving credit loans and/or letters of credit.

Bank Lines means, with respect to the Company or any of its Restricted Subsidiaries, one or more debt facilities with banks or other lenders providing for revolving credit loans and/or letters of credit; provided that in no event will any such facility that constitutes a Credit Facility or a Residual Funding Facility be deemed to qualify as a Bank Line.

Bank Lines means, with respect to the Company or any of its Restricted Subsidiaries, one or more debt facilities with banks or other institutional lenders providing for revolving credit loans; provided that in no event will any such facility that constitutes a Credit Facility or a Residual Funding Facility be deemed to qualify as a Bank Line.

Examples of Bank Lines in a sentence

• As at September 29, 2018, $292.8 million of commercial paper notes were outstanding and the term of GCCT’s $300.0 million liquidity facility, which provides backstop protection to its Series 1997-1 asset-backed commercial paper program, was extended to August 2021.Committed Bank Lines of CreditDuring the current quarter, the term of CTC’s committed bank line of credit totaling $1.975 billion was extended to August 2023.

• Bank Lines of Credit.Each of the Operating Companies and System Energy may establish lines of credit with various commercial banks located within or outside their general operating areas.

• It would appear that they have not, as evidenced by a recent OED study of Bank Lines of Credit (LOC) operations.

• For the avoidance of doubt, nothing in this Section 5(o) shall prohibit the Company from entering into or consummating any securitization transactions or to incurring indebtedness under any Bank Lines, Credit Enhancement Agreements, Credit Facility Entities, Refinancing Indebtedness, Residual Funding Facilities, or Securitization (in each case, as defined in the General Disclosure Package and the Prospectus).

• Financing SourceCommitted Bank Lines of Credit• Provided by a syndicate of seven Canadian and three international financial institutions, $2.0 billion in a committed bank line of credit is available to CTC for general corporate purposes, expiring in August 2024.

• Committed Bank Lines of CreditAs at June 29, 2019, the Company (excluding Helly Hansen, CT REIT and CTB) had $24.0 million of borrowings outstanding under its committed bank line of credit.

• Committed Bank Lines of CreditDuring the current quarter, the term of CTC’s committed bank line of credit totalling $1.975 billion was extended to August 2024 and the term of the GCCT $300 million liquidity facility, which provides backstop protection to its Series 1997-1 asset-backed commercial paper program, was extended to August 2022.

• For the avoidance of doubt, nothing in this Section 5(o) shall prohibit the Company from entering into or consummating any securitization transactions or from incurring indebtedness under any Bank Lines, Credit Enhancement Agreements, Refinancing Indebtedness, Residual Funding Facilities, or Permitted Receivables Financing or any indebtedness incurred by any Receivables Entity (in each case, as defined in the General Disclosure Package and the Prospectus).

• Kirby South continued to progress toward 40,000 bbl/d of facility capacity, and Pelican Lake’s outstanding reservoir Debt to EBITDA 1.3xDebt to Book Capitalization 33% Bank Lines in Place $ 5.6 million Available Bank Lines $ 2.6 million Cash Flow from Operations* $ 9.6 billion Per Common Share - basic $ 8.78 - diluted $ 8.74 Adjusted Earnings from Operations* $ 3.8 billion Per Common Share - basic $ 3.49 - diluted $ 3.47*As defined on page 2 in the notes of the 2014 Performance Highlights.

• Committed Bank Lines of CreditAs at March 31, 2018, the Company had $50 million in borrowings outstanding under its bank line of credit.

More Definitions of Bank Lines

Bank Lines. The Company has available a backup credit facility from various banks aggregating $1.5 billion. The Chase Manhattan Bank is a participant in this facility. FORM OF ISSUANCE: The Notes will be issued and purchases will be recorded only through the book-entry system of the Depository Trust Company ("DTC"). Beneficial owners will not receive certificates representing their ownership interest in the Notes. The face amount of each Note will be paid upon maturity in immediately available funds to DTC. The Issuer has been advised by DTC that upon receipt of such payment DTC will credit, on its book-entry records and transfer system, the accounts of the DTC participants through whom Notes are directly or indirectly owned. Payments by DTC to its participants and by such participants to owners of the Notes or their representatives will be governed by customary practices and standing instructions and will be the sole responsibility of DTC, such DTC participants or such representatives, respectively.