Collateral Posting Facility definition

Collateral Posting Facility means any senior cash posting credit facility, the size of which is capped by the xxxx-to-market loss, inclusive of any unpaid settlement amounts, of TCEH and its subsidiaries on a hypothetical portfolio of commodity swaps, forwards and futures transactions that correspond to or replicate all or a portion of actual transactions by TCEH and its subsidiaries that are outstanding on, or entered into from time to time on or after, the Closing Date.
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Collateral Posting Facility means any senior cash posting credit facility, the size of which is capped by the mxxx-to-market loss, inclusive of any unpaid settlement amounts, of TCEH and its subsidiaries on a hypothetical portfolio of commodity swaps, forwards and futures transactions that correspond to or replicate all or a portion of actual transactions by TCEH and its subsidiaries that are outstanding on, or entered into from time to time on or after, the Closing Date.
Sample 1

Examples of Collateral Posting Facility in a sentence

  • The proceeds of drawings under the TCEH Commodity Collateral Posting Facility will be used to fund margin payments due on natural gas and commodity swaps and hedging arrangements, and to the extent not used for the above purposes, for other general corporate purposes of TCEH and its subsidiaries.

  • An additional structure is being evaluated for the hedge positions that are not supported by the first lien or Commodity Collateral Posting Facility.

  • Upon execution and delivery hereof, the Administrative Agent will record the Tranche [ ] Incremental Term Loans, Incremental Deposit L/C Loans, Revolving Credit Loans pursuant to an Incremental Revolving Commitment Increase and/or Posting Advances under an Incremental Commodity Collateral Posting Facility, as the case may be, made by each New Loan Lender in the Register.

  • More than 95% of the NG hedges are supported by a first lien and the TCEH Commodity Collateral Posting Facility.

  • Borrower agrees to pay each [Additional Lender] [Incremental Revolving Commitment Increase Lender] its pro rata share (determined based upon each [Additional Lender’s] [Incremental Revolving Commitment Increase Lender’s] share of the [Incremental Term Loans][Incremental Deposit L/C Loans][Incremental Revolving Commitment Increase][and the][Incremental Commodity Collateral Posting Facility]) of an aggregate fee equal to [ ] on [ , ].

  • Oncor 2008 2009 2010 2011 50 340 354 901 1,015 951 20,399 16,918 19,381 7,819 6,099 3,000 1,018 283 650 700 299 EFH Corp./Other TCEH 2012 2013 2014 Thereafter 1 Excludes borrowings under the TCEH Revolving Credit Facility maturing in 2013 , the short-term portion of the Commodity Collateral Posting Facility maturing in 2012, the Deposit Letter of Credit Facility maturing in 2014, Oncor Electric Delivery Transition Bonds, excess cash flow sweeps, and unamortized discounts and premiums.

  • Except as set forth in this Agreement, the [Tranche [ ] Incremental Term Loans][Incremental Deposit L/C Loans][Revolving Credit Loans pursuant to an Incremental Revolving Commitment Increase][Posting Advances under an Incremental Commodity Collateral Posting Facility] shall otherwise be subject to the provisions of the Credit Agreement and the other Credit Documents.

  • Approximately 80% of the existing hedge positions not secured directly by such first lien are supported by the new Commodity Collateral Posting Facility at TCEH.

  • More than 95% of the NG Hedges are supported directly by a first lien or by the TCEH Commodity Collateral Posting Facility.

  • Cash Flow And Liquidity 47 Financing activities not reflected in change in net debt 1,407 Other investing activities 39,201 Net debt at 12/31/07 (1,474) Free cash flow (106) Increase in net debt (87) Non-cash changes in net debt 5 (2,978) Capital expenditures (including nuclear fuel) 39,307 Net debt at 12/31/08 1,505 Cash provided by operating activities 2008 Description (820) TCEH Commodity Collateral Posting Facility (165) TCEH Term Loan Amortization (200) EFH Corp.

Related to Collateral Posting Facility

  • Collateral Pool means all of the Collateral.

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

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

  • Composting facility means a site, location, tract of land, installation, or building used for composting of solid waste in accordance with Chapter 3734. of the Revised Code and rules adopted thereunder. The composting facility includes the area of materials placement and any leachate management system structures.

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

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

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Receiving facility means any public or private facility designated by the department to receive and hold involuntary patients under emergency conditions or for psychiatric evaluation and to provide short-term treatment. The term does not include a county jail.

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit L, with such amendments, modifications or supplements thereto as may be approved by the Administrative Agent.

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Collateral Access Agreement means a landlord waiver, bailee letter, or acknowledgement agreement of any lessor, warehouseman, processor, consignee, or other Person in possession of, having a Lien upon, or having rights or interests in any Loan Party’s or its Subsidiaries’ books and records, Equipment, or Inventory, in each case, in form and substance reasonably satisfactory to Agent.

  • Facility Operator means a person that controls the operation of a facility.

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.