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 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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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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Examples of Chase Facility in a sentence

  • 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 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.

  • SER and certain of the Non-US Companies have entered into an overdraft facility with Chase Manhattan Bank to cover overdrafts of up to approximately US$15,000,000 (the "Chase Facility").

  • 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.

  • Notwithstanding Section 5.03 and subject to certain conditions described in this Section 5.17, prior to or simultaneously with the Closing, the Issuer shall use its commercially reasonable efforts to obtain a senior secured credit facility with Chase Securities for no less than $30 million with a borrowing base of $23 million on terms that are acceptable to Purchaser (the "Chase Facility").

  • Upon the request of Purchaser at any time from the date hereof until the Closing Date, Purchaser shall participate in the negotiations between Chase Securities and the Issuer regarding the Chase Facility.

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

  • Construction of the new headquarters was expected to be completed by November 2001 and relocation to be largely completed by early 2002.The Chase Facility.


More Definitions of Chase Facility

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
Sample 1
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 means that certain Credit Facility established -------------- pursuant to the Chase Credit Agreement.
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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 a warehouse facility with more than

  • 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 Issuer 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 a gas-fired electric generation facility with a nominal capacity of 1,000 MW or less.

  • 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.

  • 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 (a) the accounts receivable, royalty or other revenue streams and other rights to payment and other assets related thereto subject to a Qualified Securitization Facility and the proceeds thereof and (b) contract rights, lockbox accounts and records with respect to such accounts receivable and any other assets customarily transferred together with accounts receivable in a securitization financing.

  • 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 debtor-in-possession.

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.