Capex Facility definition

Capex Facility means any credit facility or facilities provided by reputable banks or financial institutions to the Group for capital expenditures and/or acquisitions (and any refinancing, amendment or replacements thereof), in an aggregate principal amount not at any time exceeding the higher of (i) SEK 300,000,000 (or its equivalent in any other currency or currencies) and (ii) an amount equal to Consolidated EBITDA.

Capex Facility means a Capex Loan in the principal amount of Five Hundred Thousand and No/100 Dollars ($500,000.00), converting to a Term Loan, for the purpose of financing the purchase of Equipment.

Capex Facility means any loan agreement entered into by an Obligor for the purposes of financing capital expenditure in accordance with the requirements of section 3.08 of the Intercreditor Agreement.

Examples of Capex Facility in a sentence

• A revolving Capex Facility with a maximum availability of up to $10,000.

• Additional Capex Facility has the meaning given in the Senior Facility Agreement.

• The Initial ACF Agreement has total facilities of £970.0 million, comprising a Term Facility of £620.0 million, a non-revolving Capex Facility of £300.0 million and a Revolving Credit Facility of £50.0 million.

• The credit facilities consist of a €350 million Capex Facility, a €60 million Working Capital Facility and a €60 million Liquidity Facility.

• On 27th March 2020, a Financial Creditor agreed to defer a £500,000 repayment owed under Facility A (as defined in the Facilities Agreement)and a £200,000 repayment owed under the Capex Facility (as defined in the Facilities Agreement) to the Termination Date (29 March 2022).

More Definitions of Capex Facility

Capex Facility means any one of them.

Capex Facility means the Euro Capex Facility or the HUF Capex Facility.

Capex Facility means the revolving capital expenditure facility referred to in Clause 2.1(b).

Capex Facility means the senior capital expenditure facility made available under this Agreement as described in paragraph (d) of Clause 2.1 (The Facilities).

Capex Facility means the term loan facility described in Section 2.1(b)(ii).

Capex Facility the AED 150 million and U.S.$40.8 million revolving credit and letter of credit facility agreement dated 21 May 2013 between, among others, ANMC and Standard Chartered Bank;

Capex Facility means the (Pound Sterling)223,000,000 loan and letter of credit facility made available by the Banks pursuant to the Facility Agreement;