Barclays Facility definition

Barclays Facility means the loan facility agreement dated 9 November, 1998 between Ocwen 2 Limited as borrower and Barclays Bank plc as lender.

Barclays Facility means the receivables financing facility established pursuant to (i) the asset purchase agreement, dated as of August 1, 2000, by and among the Seller, HNB 2000-B (Q) LLC and HNB I LLC, (ii) the asset purchase agreement, dated as of August 1, 2000, by and between the Seller and HNB 2000-B (NQ) LLC, (iii) the sale and servicing agreement, dated as of August 1, 2000, by and among Huntington Auto Trust 2000-B, HNB 2000-B (Q) LLC, HNB 2000-B (NQ) LLC, the Seller, HNB I LLC and The Bank of New York and (iv) the indenture, dated as of August 1, 2000, by and between Huntington Auto Trust 2000-B and The Bank of New York.

Barclays Facility means that certain senior secured letter of credit facility, dated as of the date hereof (as amended, restated, amended and restated, restructured, supplemented, waived and/or otherwise modified from time to time), entered into by and among TES, Barclays Bank PLC, as letter of credit issuer and the other parties from time to time party thereto.

Examples of Barclays Facility in a sentence

• The Fund entered into the Barclays Facility for working capital requirements, such as financing repurchases of shares, distributions to investors and investments.

• We fully paid off the outstanding balance under the Primary Barclays Facility as of December 31, 2019, which was funded by our New JPM Syndicated Facility discussed above.

• Subject to Paragraph 5.4(3), no payment shall be made pursuant to this Schedule 5 if that would constitute or lead directly to a breach of a provision of the New Deed of Priority or clause H104 8 (d) of the Amended Barclays Facility Agreement (that provision or clause a "Relevant Barclays Prohibition").

• Borrowings under the Barclays Facility bears interest at London Interbank Offered Rate (“LIBOR”) or Euro Interbank Offered Rate (“EURIBOR”) plus 2.85% per annum, and has a commitment fee of 0.85% per annum on the daily unused portion.

• As of December 31, 2021, the Fund had €22,200,000 (equivalent to $25,248,074) of outstanding borrowings on the Barclays Facility.

• The credit facilities described above are referred to herein collectively as the "Credit Facilities." The HSBC Facility, the Barclays Facility and the ABN Facility are each unsecured obligations of Bodycote.

• The purpose of the borrowings was to settle the Original Barclays Facility, partially to fund the INK acquisition, as disclosed in Note 6 — Acquisitions, and the residual for general corporate purposes in the ordinary course of business.

• The Primary Barclays Facility was also denominated in British pounds and consisted of (i) a five-year term facility of £26 million ($34.2 million), and (ii) five-year revolving credit facility of £3.5 million ($4.6 million).

• The purpose of the borrowings was to recapitalize SUKH’s full equity investment in Forward 3D Ltd.On September 25, 2018, the subsidiary entered into another credit agreement (“Primary Barclays Facility”, collectively with the Original Barclays Facility, the “Barclays Facilities”) with Barclays.

• As of June 30, 2021, the Fund had €13,300,000 (equivalent to $15,769,810) of outstanding borrowings on the Barclays Facility.

More Definitions of Barclays Facility

Barclays Facility means the facility made available under the Amended Barclays Facility Agreement or any replacement equivalent, debtor-based working capital facility obtained (from Barclays or another lender or purchaser of receivables) by Chlor 1 from time to time on terms substantially not less advantageous to Chlor 1 and with a similar level of availability to the facility made available under the Amended Barclays Facility Agreement; Back to Contents

Barclays Facility means the facility provided by Barclays Bank PLC to certain Foreign Subsidiaries of UNOVA, Inc. pursuant to that certain £15,000,000 Facility Letter, dated February 9, 2004, that certain Ancillary Banking Facilities Letter, dated February 9, 2004, and that certain £10,000,000 Facility Letter, dated February 9, 2004, in each case, as amended, supplemented or otherwise modified from time to time and, in each case, including the other documents delivered in connection therewith.

Barclays Facility means that certain loan, credit or similar agreement to be entered into by and between the Company and Barclays plc or an affiliate thereof on or after the date of this Agreement for a principal amount not to exceed £7,500,000, and any associated guarantees and Liens entered into in connection therewith, in each case pursuant to definitive documentation consistent in all material respects with the terms set forth in the Company Disclosure Schedules.

Barclays Facility means a working capital credit facility to be entered into between MNL and Barclays Bank plc in an aggregate amount not exceeding (pound)10,000,000 (including a (pound)10 million chattel mortgage charging assets of MNL only to be granted by MNL in favour of Barclays Bank plc, as amended, restated, supplemented or replaced from time to time with the consent of the Required Lenders);";

Barclays Facility means the loan agreement to be entered into between the Borrower and Barclays Bank of Ghana Limited for a principal amount of Fifteen Million United States Dollars (US$15,000,000), comprised of a Ten Million United States Dollars (US$10,000,000) medium term loan and a Five Million United States Dollars (US$5,000,000) overdraft facility, which shall be secured interalia by a Fixed Debenture which shall rank pari passu with that created in favour of the Banks.

Barclays Facility means the line of credit between Barclays Bank and Cambridge Consultants Limited, a limited company organized under the laws of England, which provides for revolving and term loans in an aggregate principal amount not exceeding $10,353,850.