BMO Facility definition

BMO Facility means that certain line of credit issued by BMO, as lender, to the Corporation, as borrower, in the maximum amount of Five Million Five Hundred Thousand Dollars ($5,500,000), for operating purposes and bearing account #0512-1040538.
Sample 1
BMO Facility means the credit facility in the aggregate amount of up to $32,500,000 made available to the Corporation pursuant to a Commitment Letter dated July 21, 2006 between the Corporation and BMO.
Sample 1
BMO Facility means that certain revolving credit facility, evidenced by a Loan Authorization Agreement, dated July 30, 2019, as the same may have been or may in the future be amended or amended and restated from time to time, by and among the Company, as borrower, and BMO Hxxxxx Bank N.A., as lender.
Sample 1

Examples of BMO Facility in a sentence

  • Routing between regions is based only on region ID while routing within a region is based only on entity ID.

  • We could have done this right, and that's what - the facts are going to come out.” Acevedo, however, has declined to explain the “probable cause to be there.” Acevedo has completely ignored the law enforcement canvas of the neighborhood that concluded that Nicholas and Tuttle were not drug-dealers.

  • Interest under the BMO Facility is charged at prime rate adjusted for margin.

  • Availability under the BMO Facility is limited to a defined percentage of the appraised value of the Edmonton distribution centre.

  • Interest under the BMO Facility is charged at prime rate adjusted for margin thresholds.

  • KREF entered into a $200.0 million loan financing facility with BMO Harris Bank ("BMO Facility").

  • The terms, conditions, and covenants of the BMO Facility have been met as at June 30, 2013.

  • The terms, conditions, and covenants of the BMO Facility have been met as at December 31, 2012.

  • The terms, conditions, and covenants of the BMO Facility have been met as at December 31, 2013.

  • The BMO Facility, which is secured by a first security interest in the Company’s Edmonton distribution centre, is a stand-alone credit facility in addition to the Facility; however, the BMO Facility will mature concurrently with the Facility.


More Definitions of BMO Facility

BMO Facility means the consignment line of credit extended to QGI and MTM by BMO pursuant to the BMO Facility Agreements.
Sample 1
BMO Facility means that certain line of credit issued by BMO, as lender, to the Corporation, as borrower, in the maximum amount of Five Million Five Hundred Thousand Dollars ($5,500,000), for operating purposes and bearing account #0512-1040000.
Sample 1

Related to BMO Facility

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Facility means the entire operation located on the property where the Equipment is located;

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

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

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Holding facility means a designated area for the retention of

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • On-site generation facility means a generation facility,

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Triage facility means a short-term facility or a portion

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Facility or Facilities means any tangible asset in the right-of-way required to provide utility service.

  • Electric Facility means a Generator or an electric transmission facility.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.