Committed Facilities definition

Committed Facilities means, collectively, the Revolving Facility, the Used Vehicle Flooring Facility, the Wholesale Leasing Facility, and the Daily Rental Facility. (55) (46) “Compliance Certificate” means a compliance certificate substantially in the form attached as Schedule 1.1(4655) signed by a Responsible Officer of Master Xxxxxxxx. (56) (47) “Contaminant” means any solid, liquid, gas, odour, heat, sound, vibration, radiation or combination of any of them that may (a) impair the quality of the environment for any use that can be made of it, (b) injure or damage property or plant or animal life, (c) harm or materially discomfort any Person, (d) adversely affect the health of any individual, (e) impair the safety of any individual, (f) render any property or plant or animal life unfit for use by man, or (g) cause loss of enjoyment of normal use of property, and includes any “contaminant” within the meaning assigned to such term in any Environmental Law. (57) (48) “Contingent Obligation” means any guarantee of Debt of any other Person or any agreement to maintain the net worth, working capital or other financial condition of any other Person in respect of such other Person’s Debt, whether direct, indirect or contingent, including, without limitation, any purchase or repurchase agreement, comfort letter, or keep-well, take-or- pay, through-put or other arrangement of whatever nature having the effect of assuring or holding harmless any Person against loss with respect to any Debt of such other Person; provided, however, that the term “Contingent Obligation” shall not include endorsements of - 11 - CREDIT AGREEMENT instruments for deposit or collection in the ordinary course of business. The amount of any Contingent Obligation shall be deemed to be an amount equal to the stated or determinable amount of the primary obligation in respect of which such Contingent Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined in good faith by the Person subject to such obligation. (58) (49) “Contracts in Transit” means all amounts due to a Borrower from any financial institution on retail finance contracts from vehicle sales, including amounts receivable from wholesale sales (excluding financial institutions or finance companies which are Affiliates of a Borrower).
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Committed Facilities means any credit facility, liquidity facility or other financing arrangement (other than this Agreement and any Permitted Receivables Financing) pursuant to which the Company or any of its Subsidiaries may be advanced funds, provided that (a) each such facility or arrangement is a committed facility, (b) there are no restrictions on the use of proceeds of each such facility or arrangement and (c) the maturity date of each such facility or arrangement is at least 30 days beyond the maturity date of the 2017 Notes and the 2018 Notes.
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Committed Facilities collectively, the Dollar Working Capital Facility Committed Tranche, the Multicurrency Working Capital Facility and the Acquisition Facility. USActive 56005294.156005294.9 -34-
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Examples of Committed Facilities in a sentence

  • Do not include undrawn facilities available to the reporting firm from external financial institutions in this line, but in Line5.40 (Undrawn Committed Facilities Offered from External Financial Institutions).

  • Any drawings by Double Favour under the Committed Facilities shall be made concurrently in a pro-rated manner in the ratio of 6 : 4 : 15.

  • Any outstanding principal amount under the Committed Facilities is not subject to a fixed loan tenor or the right of demand by the lender and may be repaid by Double Favour from time to time, in whole or in part, as the board of directors of Double Favour considers appropriate, provided that any repayment shall be made in proportion to the then outstanding principal amounts under the respective Committed Facilities provided by the relevant DF Shareholders.

  • The interest due and payable shall be paid in arrears together with any repayment of outstanding principal of the Committed Facilities.

  • As with any software program, PMW requires maintenance and version upgrades.

  • True and complete copies of the Committed Facilities for Memec Purchaser have been disclosed to Sellers.

  • Notwithstanding the right of the Lead Arrangers to syndicate the Facilities and the right of the Commitment Parties to receive commitments with respect thereto, syndication of, or receipt of commitments or participations in respect of, all or any portion of commitments under the Committed Facilities of the Commitment Parties prior to the Closing Date shall not be a condition to the commitments of the Commitment Parties or the funding thereof.

  • Funds are available for drawdown under the Existing Committed Facilities for general corporate purposes.

  • Interviews: Executive of Committed Facilities Medical & Mental Health Staff Random Staff All Cheltenham employees, professional visitors, volunteers, contract staff and/or other DJS employees are required to report any knowledge or any act of sexual misconduct.

  • The convertible shares will be convertible during the period beginning on the second anniversary of the date of the issue of the convertible shares and ending on 30 April 2023, or, if on or before 30 April 2023, on repayment in full of all amounts outstanding under the Revised Committed Facilities.


More Definitions of Committed Facilities

Committed Facilities means facilities for borrowing (excluding facilities repayable on demand) made available to any member of the Group by third party financial institutions:
Sample 1
Committed Facilities collectively, the Dollar Working Capital Facility Committed Tranche, the Multicurrency Working Capital Facility and the Acquisition Facility. “Committed Facilities Credit Exposure”: as to any Committed Lender at any time, the Dollar Working Capital Facility Committed Tranche Credit Exposure of such Committed Lender plus the Multicurrency Working Capital Facility Credit Exposure of such Committed Lender plus the Acquisition Facility Credit Exposure of such Committed Lender. “Committed Facilities Credit Exposure Percentage”: as to any Committed Lender at any time, the fraction (expressed as a percentage), the numerator of which is the Committed Facilities Credit Exposure of such Committed Lender at such time and the denominator of which is the aggregate Committed Facilities Credit Exposures of all of the Committed Lenders at such time. “Committed Lenders”: the Dollar Working Capital Facility Committed Tranche Lenders, the Multicurrency Working Capital Facility Lenders and the Acquisition Facility Lenders. “Commodity Account”: any “Commodity Account” as defined in Section 9-102 of the UCC, any “futures account” as defined under the PPSA and any “securities account” as defined in the Quebec STA in which is held “commodity futures contracts”, “security futures contracts”, “financial instrument futures contracts” and other similar “futures contracts”, as such terms are defined in the Quebec STA. “Commodity Contract”: (a) a Physical Commodity Contract, (b) any Commodity OTC Agreement or (c) a contract for the storage or transportation of any physical Eligible Commodity. “Commodity Exchange Act”: the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute. “Commodity OTC Agreement”: (i) any forward commodity contract (excluding any Forward Contract which is a Physical Commodity Contract), swap, option, collar, cap or floor transaction, in each case based on Eligible Commodities and (ii) any other similar transaction (including any option to enter into any of the foregoing) or any combination of the foregoing. “Commonly Controlled Entity”: an entity, whether or not incorporated, which is under common control with the U.S. Borrower within the meaning of Section 4001(a)(14) of ERISA or is part of a group which includes the U.S. Borrower and which is treated as a single employer under Section 414(b), (c), (m) or (o) of the Code.
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Committed Facilities collectively, the Dollar Working Capital Facility Committed Tranche, the Multicurrency Working Capital Facility and the Acquisition Facility.
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Committed Facilities means the Initial Facilities and the PA Required Expansion Facilities, collectively.
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Committed Facilities. ’ means the bank facilities under (1) a facility agreement dated on
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Related to Committed Facilities

  • Related facilities means any manager's units and any and all common area spaces that are included within the physical boundaries of the housing development, including, but not limited to, common area space, walkways, balconies, patios, clubhouse space, meeting rooms, laundry facilities, and parking areas that are exclusively available to residential users, except any portions of the overall development that are specifically commercial space.

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Authorized Facilities means the public facilities authorized to be financed, in whole or in part, by the CFD.

  • 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.

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Railroad facilities means right of way and related

  • associated facilities means all associated track structures, over and under track structures, supports (including supports for equipment or items associated with the use of the Network), tunnels, bridges, train control systems, signalling systems, communication systems and associated plant, machinery and equipment from time to time but only to the extent that such assets are related to or connected with the Network but does not include any sidings or yards;

  • Affected facility means, with reference to a stationary source, any apparatus to which a standard is applicable.

  • New Facilities means facilities for which, by the cut-off date, neither of the following events has occurred:

  • Public facilities means amenities that are—

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Shared Facilities means the gen-tie lines, transformers, substations, or other equipment, permits, contract rights, and other assets and property (real or personal), in each case, as necessary to enable delivery of energy from the Facility (which is excluded from Shared Facilities) to the point of interconnection, including the Interconnection Agreement itself, that are used in common with third parties.

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

  • Public facility means 1 or more of the following:

  • Common Facilities means the facilities under D.G.sets/D.G.rooms, water storage tanks its pumping and supply system, sewerage & drainage systems, electric sub-station/ transformers/electric panels/distribution network, maintenance service rooms, lawns including lighting & services etc., roads, pathways & driveways including street lighting & services etc., guard posts, fire hydrants & fire fighting system etc. and all such facilities and areas for common use and excluded from the computation of Super Area of the Said Premises;

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

  • Cannabis cultivation facility means a person that:

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • 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.

  • Licensed facility means a facility licensed by the department under section 137 or an adult foster care facility.

  • Common Areas and Facilities means collectively the Development Common Areas and Facilities and the Residential Common Areas and Facilities and all those parts and such of the facilities of the Development designated as common areas and facilities in any Sub-Deed;

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.

  • Parking Facilities means parking lots or other off-street areas for the parking of vehicles, including areas below or above the surface of streets.

  • Holding facility means a designated area for the retention of