BST Facility definition

BST Facility means that certain Term and Revolving Facilities Agreement dated as of December 8, 2006, by and among BST Safety Textiles Acquisition GmbH, Xxxxxxx Xxxxx Credit Partners L.P. and UBS Securities LLC, and the other Persons signatory thereto.
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BST Facility means that certain Term and Revolving Facility Agreement, dated December 8, 2006, as amended April 1, 2007, June 11, 2007, November 16, 2007, and amended and restated on April 15, 2008, between Safety Holdings, as parent, Global Safety Textiles Acquisition GmbH, Global Safety Textiles GmbH, and Narricot Industries L.P., as original borrowers, Safety Holdings, Narricot Industries Management Corp., Narricot Industries L.P., Global Safety Textiles LLC, Global Safety Textiles Acquisition GmbH, Global Safety Textiles GmbH, GST Widefabric International GmbH, ITG Automotive Safety Poland Sp.z.oo,
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Examples of BST Facility in a sentence

  • As noted, the BST Facility expired on June 30, 2009, which created a situation where the Co-proponent, as a guarantor of the Original Debt, likely became either “over- indebted” or “illiquid” under German law, which triggers an obligation of the managing directors of the Co-proponent to commence German insolvency proceedings.

  • Nevertheless, because the BST Facility was set to expire on June 30, 2009, the Debtors concluded that continued operation without protection of the Court would not be prudent.

  • In addition, on April 15, 2008, Safety Holdings amended and restated the BST Facility to provide that the obligations of Safety Holdings thereunder would be secured by substantially all of the assets of the Debtors and the Non-Debtor Subsidiaries which include the subsidiaries transferred to Safety Holdings as part of the Realignment.

  • With this in mind, the Project sponsor has been engaged the City and the community in Port activities to ensure that the Project meets the Community’s needs and expectations.Outreach ActivitiesThe Whatcom Waterfront District Sub-Area Plan, which includes the BST Facility, has undergone through multiple public review and comment period over the last 15 years.An extensive planning effort was conducted by the Waterfront Futures Group (WFG) in 2003/2004.

  • As of the Petition Date, the Debtors and the Non-Debtor Subsidiaries are parties to the BST Facility, which is comprised of three facilities: (i) a revolving credit facility (the “Revolving Credit Facility”), (ii) a first lien term loan facility (the “First Lien Term Loan Facility”) and (iii) a second lien term loan facility (the “Second Lien Term Loan Facility”).

Related to BST Facility

  • Test Facility means any WRAS suitably accredited test laboratory;

  • Replacement Facility means 1 of the following:

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • 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;

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

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

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

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

  • 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).

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

  • Support Facility means any liquidity or credit support agreement with a CP Conduit which relates to this Agreement (including any agreement to purchase an assignment of or participation in Class B Notes).

  • On-site generation facility means a generation facility,

  • Debt Facility means any Senior Facility and any Second Priority Debt Facility.

  • 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.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

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

  • 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;

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

  • 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.

  • Cannabis cultivation facility means a person that:

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Senior Facility has the meaning given to the term “Facility” in the Senior Facilities Agreement.

  • Holding facility means a designated area for the retention of

  • 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