Chase Facility definition

Chase Facility means a non-committed line of credit, arranged and guaranteed by the Lenders. As at the date hereof, Borrower had borrowings outstanding aggregating $2.65 million (the "Chase Facility Baseline Amount").
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Chase Facility means that certain Letter of Credit and Reimbursement Agreement, dated as of December 15, 2000, by and among LNC, The Chase Manhattan Bank, as administrative agent, the Subsidiary Account Parties and Banks as defined therein.
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Chase Facility means the exit financing facility to be entered into among (i) Falcon Global USA LLC, as borrower, (ii) subsidiary guarantors of Falcon Global USA LLC (iii) the lenders party thereto, and (iv) JPMorgan Chase Bank, N.A., as administrative agent, issuing bank and security trustee, to replace the existing Chase facility of MONTCO Offshore and related companies, and the “DIP facility” provided to MONTCO Offshore and Montco Oilfield Contractors, LLC;
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Examples of Chase Facility in a sentence

  • The loan agreement provided a $70,000,000 revolving line of credit facility to DQSC (the Chase Facility).On September 14, 2000, the Chase Facility was amend- ed and restated, reducing the amount of the facility to $30 million (the Amended and Restated Chase Facility).

  • The lenders under the Amended and Restated Chase Facility documents were the Bank Defendants.

  • On January 10, 2001, DQSC drew down $500,000 on the Amended and Restated Chase Facility.

  • If Chase and/or the lenders under the Chase Facility has notified the Company that the Chase Facility will not be available to the Company unless a specified amount of additional equity is invested in the Company (the "Required Equity"), then the Purchaser, together with the other shareholders of the Company, shall have the right (but no obligation) to purchase additional shares of Common Stock in order to fund such Required Equity.

  • The Former Chase Facility provided for a revolving credit facility with a maximum borrowing capacity of $25.0 million.

  • The obligations of Sections 6, 7, 8, 9, 14, 15, 17, 21, 23, 24 and this 25 shall survive any termination of this Agreement.

  • Bank of N.Y., Summary of Terms and Conditions Regarding the JPMorgan Chase Facility (Mar.

  • The Existing Credit Facility refinanced, in part, the Former Chase Facility (as defined below) at the effective time of the Merger on August 18, 1999.

  • As of the effective time of the Merger, the Existing Credit Facility had outstanding borrowings under the revolving credit facility of approximately $11.1 million and the Former Chase Facility had no outstanding borrowings.

  • The Issuer shall not enter into the Chase Facility until Purchaser has approved the documentation in connection with the Chase Facility, which approval shall not be unreasonably withheld.


More Definitions of Chase Facility

Chase Facility means that certain Credit Facility established -------------- pursuant to the Chase Credit Agreement.
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Chase Facility means that certain $131,099,286.35 credit facility entered into on February 8, 2018 by and among (i) Falcon Global USA LLC, as borrower, (ii) various subsidiaries of Falcon Global USA LLC, as guarantors, (iii) the lenders party thereto, and (iv) XX Xxxxxx Xxxxx Bank, N.A., as agent, issuing bank and security trustee;
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Chase Facility has the meaning set forth in recital paragraph B.
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Chase Facility means that certain $131,099,286.35 credit facility entered into on February 8, 2018 by and among (i) Falcon Global USA LLC, as borrower, (ii) various subsidiaries of Falcon Global USA LLC, as guarantors, (iii) the lenders party thereto, and (iv) JP Morgan Chase Bank, N.A., as agent, issuing bank and security trustee;
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Chase Facility means that certain $131,099,286.35 credit facility entered into on February 8, 2018 by and among
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Related to Chase Facility

  • Purchase Facility has the meaning set forth in Section 1.1 of the Sale Agreement.

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • Warehouse Facility means any funding arrangement, other than a Credit Facility, a Securitization or a Residual Funding Facility, with a financial institution or other lender or purchaser under which advances are made to a Warehouse Trust to the extent (and only to the extent) funding thereunder is used exclusively by the Warehouse Trust to purchase Receivables from the Company or a Restricted Subsidiary and to pay the related expenses with respect to the Warehouse Trust.

  • Securitization Facility means any of one or more securitization, financing, factoring or sales transactions, as amended, supplemented, modified, extended, renewed, restated or refunded from time to time, pursuant to which the Company or any of the Restricted Subsidiaries sells, transfers, pledges or otherwise conveys any Securitization Assets (whether now existing or arising in the future) to a Securitization Subsidiary or any other Person.

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

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

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

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Eligible facility means any hospital, skilled nursing facility, intermediate care facility, or basic care facility licensed by the state department of health, or any assisted living facility licensed by the department of human services; and

  • ABL Facility Documents the “Loan Documents” as defined in the Senior ABL Facility Agreement, as the same may be amended, supplemented, waived, otherwise modified, extended, renewed, refinanced or replaced from time to time.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Streamlined Documentation Mortgage Loan Any Mortgage Loan originated pursuant to the Seller's Streamlined Loan Documentation Program then in effect.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Securitization Assets means the accounts receivable, royalty and other similar rights to payment and any other assets related thereto subject to a Qualified Securitization Facility that are customarily sold or pledged in connection with securitization transactions and the proceeds thereof.

  • 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.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Offshore facility ’ means any facility of any kind located in, on, or under any of the navigable waters of the United States, and any facility of any kind which is subject to the ju- risdiction of the United States and is located in, on, or under any other waters, other than a vessel or a public vessel;

  • Triage facility means a short-term facility or a portion

  • DIP means (1) the debtor in possession in a chapter 11 case in which no trustee has been appointed and is serving, and (2) the debtor in possession in a chapter 12 case in which the debtor has not been removed under §1204 without reinstatement.

  • 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.