BNPP Facility definition

BNPP Facility means the facility under the US$750,000,000 credit facility dated 3 August 2012 between, amongst others, Xxxxxx Xxxxxxx Inc. and BNP Paribas as administrative agent.
BNPP Facility means the uncommitted credit facility in the amount of EUR 2,424,000 provided by BNP Paribas to Scotts France SAS;
BNPP Facility means the uncommitted credit facility in the amount of EUR 2,424,000 provided by BNP Paribas to Scotts France SAS; “Books and Records” has the meaning set out in Clause 11.4; “Business” means the business of the Group comprising the direct or indirect sale or provision of the Products; “Business Day” means a day (other than a Saturday or Sunday or a public holiday) when commercial banks are open for ordinary banking business in London, Delaware and Ohio; “Business Intellectual Property” means the International Business Intellectual Property and the Owned Intellectual Property; 2 “Business Purchasers” means the members of the Purchaser’s Group notified by the Purchaser to the Seller in accordance with Clause 2.10, and “Business Purchaser” means any one of them; “Business Seller” means, in relation to each of the Group Businesses referred to in column (2) of Part 2 of Schedule 1, the company whose name is set out opposite that Group Business in column (1) of Part 2 of Schedule 1; “Business Warranties” means all Warranties other than the Fundamental Warranties and the Relevant Contracts Warranty; “Cash Balances” means cash in hand or credited to any account with a financial institution and securities which are readily convertible into cash as shown in the reconciled cash book balance (such that cheques written but not yet cashed shall be deducted in calculating the balance and cheques received but not yet cleared shall be included in calculating the balance), excluding any rent deposits and including the line items in the column ‘Cash Balances’ in Part 2 of Schedule 7, in each case as at the Effective Time and calculated in accordance with Schedule 7; “Claim” means any claim made by the Purchaser under Clause 9.1 and Schedule 3 (Warranties) of this Agreement and “Claims” shall mean all such claims; “Claims Made Policies” means any insurance policies (including without limitation any directors’ and officers’ liability insurance policies) which are in force at the date of this Agreement and which provide cover in relation to Pre-Completion Matters on a claims made basis; “Closing Amount” has the meaning set out in Part 2 of Schedule 2; “Closing Debt” means in respect of each Group Company and each Business Seller (for the avoidance of doubt, excluding items that are Excluded Liabilities) the amount as at the Effective Time of:

Examples of BNPP Facility in a sentence

  • Método do caminho crítico (CPM) / Critical Path Method (CPM) [Técnica].

  • In the event that these waivers, the JV Consent and other required contracts have not been obtained by 29 May 2013, the BNPP Facility shall automatically cancel and cease to be available.

  • The issuing of shares to Henderson pursuant to the Convertible Loan Notes may constitute a change of control as defined in the BNPP Facility and require the repayment of the BNPP Facility.

  • This default has not been waived and BNPP is therefore entitled to immediately cancel the BNPP Facility at any time by serving notice on the Company.On cancellation of the BNPP Facility, all amounts owing thereunder shall be immediately due and payable by the Company.The BNPP Facility contains a mandatory prepayment event following a change of control.

  • The BNPP Facility shall be cancelled and cease to be available on 29 May 2013.

  • This default has not been waived and BNPP is therefore entitled to immediately cancel the BNPP Facility at any time by serving notice on the Company.The Company is also in default under the terms of the BNPP Facility as Jeremy Eng ceased to be the Managing Director of the Company prior to the Commercial Operation Date (as defined in the BNPP Facility).

  • Scott has performed an excellent job as Finance Director under very difficult circumstances, raising significant money for the Company, and also securing the important BNPP Facility.

  • There can be no certainty that the BNPP Facility, which will automatically be cancelled on 29 May 2013, will ever be in a position to be drawn given the on-going delay in obtaining JV Consent and the requirement for BNPP to waive the existing events of default.The Company is in default under the terms of the BNPP Facility as the Petisˇovci asset has not been put into production by 31 March 2013.

Related to BNPP Facility

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • 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;

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

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

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

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

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

  • Holding facility means a designated area for the retention of

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • 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.

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

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

  • Energy facility means an energy plant or transmission

  • Exit Facility Agent means the agent under the Exit Facility.

  • 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;

  • Clean coal SNG facility means a facility that uses a

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Exit ABL Facility means the asset-based revolving credit facility provided for under the Exit ABL Credit Agreement.

  • Exit Facilities means, collectively, the Exit ABL Facility and the Exit Term Loan Facility.

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

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

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Exit Facility Documents means, collectively, the Exit Credit Agreement, and all other agreements, documents, and instruments delivered or entered into in connection with the Exit Facility, including any guarantee agreements, pledge and collateral agreements, intercreditor agreements, subordination agreements, fee letters, and other security documents

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

  • DIP Facility Documents means the DIP Credit Agreement and any other documents and agreements entered into in connection with the DIP Credit Agreement or the incurrence of the DIP Facility and any orders of the Bankruptcy Court related thereto or entered in connection therewith.