Business Facilities definition

Business Facilities means, at any time, a collective reference to the facilities and real properties owned, leased or operated by any Loan Party or any Subsidiary.
Business Facilities means business facilities of any kind including but not limited to a loan of money in a letting, hiring or licensing of any tangible or intangible property.
Business Facilities means the Owned Real Property and the Leased Real Property, and any other facilities (other than the Timberlands) owned or operated by the Business.

Examples of Business Facilities in a sentence

  • Seller shall, at its own cost and expense, be responsible for complying with the notice requirements of any Environmental Laws regarding the sale or transfer of the Business Facilities, including, but not limited to, in each case, to the extent possible, prior to the Closing Date.

  • Except as provided in this Section 10.2, Seller releases Buyer from any liability to Seller arising out of any Environmental Claim in connection with the conduct of the Business or the use of the Historic Company Business Facilities by Buyer, Company or any of their respective Subsidiaries.

  • Except as provided in this Section 10.1, Buyer releases Seller from any liability to Buyer arising out of any Environmental Claim in connection with the conduct of the Business or the use of the Historic Company Business Facilities by Seller, Company or any of their respective Subsidiaries.

  • Prior to the Closing, Buyer and its consultants and other representatives shall have access to all of Seller's and Company's records of environmental inspections and tests and soil and groundwater samples, in each instance relating to the Historic Company Business Facilities.

  • There are no events, conditions, circumstances, facts, activities, practices, incidents or plans relating to or arising out of the operations of the Company which will prevent or interfere with compliance with Environmental Laws by Tyler after the Closing, or which may give rise to any common law or statutory liability under Environmental Laws or form the basis of an Environmental Claim against the Company, or any of their respective Business Facilities.


More Definitions of Business Facilities

Business Facilities means any business facilities occupied by the Group’s China subsidiary companies;
Business Facilities means the facilities covered by the Leases.
Business Facilities means business facilities of any kind including, without limitation, a loan of money or a letting, hiring or licensing of any tangible or intangible property.
Business Facilities means Sellers’ Owned Real Property and Sellers’ Leased Real Property.
Business Facilities means, at any time, a collective reference to the facilities and real properties owned, leased or operated by any Loan Party or any Subsidiary. “BVI Loan Party” means any Loan Party that is organized under the laws of the British Virgin Islands. “Capital Lease” means, as applied to any Person, any lease of any property by that Person as lessee which, in accordance with GAAP, is required to be accounted for as a capital lease on the balance sheet of that Person. “Cash Equivalents” means any of the following types of Investments, to the extent owned by the Borrower or any of its Subsidiaries free and clear of all Liens (other than Permitted Liens): (a) readily marketable obligations issued or directly and fully guaranteed or insured by the United States or any agency or instrumentality thereof having maturities of not more than three hundred sixty days (360) days from the date of acquisition thereof; provided, that, the full faith and credit of the United States is pledged in support thereof; (b) time deposits with, or insured certificates of deposit or bankers’ acceptances of, any commercial bank that (i) is organized under the laws of the United States, any state thereof or the District of Columbia or is the principal banking subsidiary of a bank holding company organized under the laws of the United States, any state thereof or the District of Columbia, and is a member of the Federal Reserve System, (ii) issues (or the parent of which issues) commercial paper rated as described in clause (c) of this definition and (iii) has combined capital and surplus of at least $1,000,000,000, in each case with maturities of not more than one hundred eighty (180) days from the date of acquisition thereof; (c) commercial paper issued by any Person organized under the laws of any state of the United States and rated at least “Prime-1” (or the then equivalent grade) by ▇▇▇▇▇’▇ or at least “A-1” (or the then equivalent grade) by S&P, in each case with maturities of not more than one hundred eighty (180) days from the date of acquisition thereof; (
Business Facilities means a business's place of business in an eligible county, including land, buildings, machinery, equipment, and other materials, except inventory, used in business.
Business Facilities means, in respect of a Borrower, any Scheme Facility, any SFLG Scheme Facility and any other type of credit, financing, loan or mortgage facility made available by the Lender to that Borrower, or made available by another lending institution but whose rights in respect of which have been assigned, novated or otherwise transferred to the Lender, in connection with or for the benefit of the Borrower's business and in respect of which, at the relevant time, principal, interest or other sums remain outstanding from the Borrower to the Lender;