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 one of them.

Examples of Capex Facility in a sentence

  • Noting the inherent conflict of interest for most committee members, the Chair asked for comment.

  • 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.

  • 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.

  • Any amount repaid or prepaid in relation to the Term Loan or, after tile last day of tile Capex Commitment Period, the Capex Loan, may not be re-borrowed and shall reduce the Term Loan and Guarantee Facility Limit or, as the case may be, the Capex Facility Limit by the amount so repaid or prepaid.

  • On the applicable Capex Loan Maturity Date, all then-outstanding Capex Loans shall automatically be converted into a Term Loan maturing on the Capex Facility Maturity Date bearing interest at the same rate as the Term Loan (each a “Converted Loan” and collectively “Converted Loans”).


More Definitions of Capex Facility

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 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 Euro Capex Facility or the HUF Capex Facility.
Capex Facility means the term loan facility made available under this Agreement as described in paragraph (a)(ii) of Clause 2.1 (The Facilities).