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

• The principal balance of the Converted Loans with respect to the Capex Facility will be amortized over a 60-month period and principal and interest thereon will be payable in arrears on the last day of each calendar month.

• 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.

• Availability of funds under the Capex Facility is conditional upon the facility agent having received and being satisfied with the form and substance of conditions precedent usual for transactions of a similar nature, and in particular it shall be a condition precedent that Admission has occurred and that the 2012 Loan and any associated hedging has been settled in full.

• Furthermore, if capital expenditure exceeds projections or cash flow from operating activities is lower than expected or if funds borrowed under the Revolving Credit Facilities Agreement and/or the Acquisition and Capex Facility (both as defined in “Description of the Issuer and the Group—Material Contracts”) are insufficient, the Group may be required to seek additional financing.

• Newco may not cancel all or part of the Capex Facility except as expressly provided in this Agreement.

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 sterling letter of credit and loan facility to be made available to the Borrower by the Banks pursuant to Clause 2.2 (Capex Facility).