Canadian Operating Facility definition

Canadian Operating Facility means the credit facility in the maximum principal amount of U.S.$50,000,000 or the Equivalent Amount in Canadian Dollars to be made available to the Canadian Borrower by the Canadian Operating Lender in accordance with the provisions hereof, subject to any reduction or increase in accordance with the provisions hereof.
Sample 1Sample 2Sample 3
Canadian Operating Facility the C$35,000,000 credit facility made available pursuant to the letter agreement, dated as of the date hereof, between the Canadian Borrower, as borrower, and The Toronto-Dominion Bank, as lender, as the same may be amended, modified or otherwise supplemented from time to time.
Sample 1Sample 2Sample 3
Canadian Operating Facility as defined in the Credit Agreement.
Sample 1Sample 2

Examples of Canadian Operating Facility in a sentence

  • Neither Administrative Agents nor any Lender or the Canadian Operating Facility Lender shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Canadian Borrower Obligations, the Canadian Operating Facility Obligations or for the guarantee contained in this Section 13 or any property subject thereto.

  • The Company agrees that whenever, at any time, or from time to time, it shall make any payment to the Administrative Agents, any Lender or the Canadian Operating Facility Lender on account of its liability under this Section 13, it will notify the Administrative Agents and such lender in writing that such payment is made under the guarantee contained in this Section 13 for such purpose.

  • Unfortunately, our simple random restrictions do not preserve the structure of Sipserd (Property 2) (in fact, by the switching lemma, they destroy Sipserd).Instead, Hastad proposed using certain blockwise random restrictions, which are built specif- ically to preserve Sipserd.

  • The Company waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Canadian Borrower or the Company with respect to the Canadian Borrower Obligations and the Canadian Operating Facility Obligations.

  • The Company hereby agrees that any payments in respect of the Canadian Borrower Obligations and the Canadian Operating Facility Obligations pursuant to this Section 13 will be paid to the Canadian Administrative Agent without setoff or counterclaim in Canadian Dollars, at the office of the Canadian Administrative Agent specified in Section 14.2.

  • The Canadian Borrower shall use reasonable commercial efforts to negotiate with such beneficiary to replace any Existing Fronted LCs with a new Fronted LC or a Letter of Credit under the Canadian Operating Facility.

  • Accommodations shall be made available as (i) Advances pursuant to Article 3, (ii) Bankers' Acceptances pursuant to Article 4 under the Canadian Operating Facility, the Canadian Acquisition Facility and the Canadian Term Facility, and (iii) in the case of the Issuing Lenders only and pursuant to the Operating Facilities only, Documentary Credits pursuant to Article 5.

  • This asymmetry is probably due to high β effects such as the Shafranov shift, which was not included in the analysis and is expected to remove the systematic 1.5 cm offset.

  • The relevant Borrower shall provide the Agent, each Fronting Lender, in respect of the Canadian Operating Facility, the Canadian Operating Facility Lender, and, in respect of the Australian Operating Facility, the Australian Operating Facility Lender, with 10 Banking Days’ prior written notice of its desire to proceed under this Section.

  • Fees determined in accordance with this Section shall accrue daily from and after the date hereof and be payable by the Canadian Borrower quarterly in arrears and on cancellation in full of the Canadian Operating Facility and on the Canadian Operating Facility Maturity Date.


More Definitions of Canadian Operating Facility

Canadian Operating Facility the C$20,000,000 credit facility to be evidenced by a loan agreement between the Canadian Borrower, as borrower, and The Toronto-Dominion Bank, as lender, as the same may be amended, modified or otherwise supplemented from time to time.
Sample 1
Canadian Operating Facility means the revolving operating credit facility to be made available to State and Bracknell by certain Domestic Lenders under this Agreement for the purposes set out in Section 2.03 which shall include the Canadian Swingline Facility to be made available by the Swingline Lender.
Sample 1
Canadian Operating Facility is amended by adding to the end thereof the phrase ", the Core Canadian Operating Facility to be made available by the Domestic Lenders and the Canadian New Tranche Facility to be made available by the New Tranche Lenders which are Domestic Lenders".
Sample 1
Canadian Operating Facility means the revolving operating credit facility to be made available to State and Bracknell by certain Domestic Lenders under this Agreement for the purposes set out in Section 2.03.
Sample 1

Related to Canadian Operating 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;

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • 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.

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

  • Facility Operator means a person that controls the operation of a facility.

  • Generating Facilities means Interconnection Customer’s device for the production and/or storage for later injection of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities.

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • 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.

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Participating Facility means, for purposes of this section only, with respect to covered service, a Hospital, Hospital outpatient department, critical access Hospital, ambulatory surgical center or any other facility as otherwise required by law, that has a direct or indirect contractual relationship with BCBSMT setting a rate (above which the provider cannot bill the Member) for furnishing such item or service under The Plan, regardless of whether the provider is considered a preferred or In-Network provider for purposes of In-Network or Out-of-Network Benefits under The Plan.

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

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

  • Cannabis processing facility means a person that:

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Tanning facility means any premises, building, or part of a building that contains one or more rooms or booths with any of the following:

  • Facility Manager The Authorized User’s representative who is responsible for the day to day operations of the facility(s) referenced in the Project Definition.

  • Cannabis testing facility means an entity registered by

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • 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.

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • Composting facility means a site, location, tract of land, installation, or building used for composting of solid waste in accordance with Chapter 3734. of the Revised Code and rules adopted thereunder. The composting facility includes the area of materials placement and any leachate management system structures.

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

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