Committed Facilities definition

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 means, collectively, the Revolving Facility, the Used Vehicle Flooring Facility, the Wholesale Leasing Facility, and the Daily Rental Facility. (57) (55) “Compliance Certificate” means a compliance certificate substantially in the form attached as Schedule 1.1(5557) signed by a Responsible Officer of Master Xxxxxxxx. (58) (56) “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. (59) (57) “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 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. (60) (58) “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). (61) (59) “Contract Period” means the period selected by the applicable Borrower in accordance with Section 3.1(1) commencing on the Drawdown Date, Rollover Date or Conversi...
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Committed Facilities. ’ means the bank facilities under (1) a facility agreement dated on
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Examples of Committed Facilities in a sentence

  • Do not include TBA sales which are part of a Dollar Roll, as defined under products I.S.3 or O.S.3.I.O.4: Undrawn Committed Facilities PurchasedRefers to legally binding agreements that provide the reporting entity with the ability to draw funds at a future date.

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

  • 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.

  • 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).

  • Double Favour shall not be entitled to pay or repay any other shareholder loans or any loans owing by any member of the Double Favour Group to Favour Choice and/or Best Task or declare, pay or make any dividends or other distributions unless and until all outstanding principal amounts under the Committed Facilities and interest accrued thereon have been paid and settled in full (the ‘‘Repayment Priority’’).

  • In view of the above, we consider that the Repayment Priority and the DF Charged Shares are sufficient to protect the Independent Shareholders’ interest under the Committed Facilities.

  • We consider that the Uptodate DF Call Option to be granted by the Group to EGL, notwithstanding the right to exercise the Uptodate DF Call Option is at EGL, would allow the Group to recoup its actual contribution into Double Favour, which will be substantially in form of shareholder’s loan through the Funding Obligations and the Committed Facilities.

  • For the RUF/AFRC, right at the battalion radio headquarters, battalion headquarters radio station.

  • The sharing of the total of the Committed Facilities by each of UBC, Uptodate and Best Task is based on their shareholding of 6%, 4% and 15% in Double Favour respectively.


More Definitions of Committed Facilities

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 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 means the Initial Facilities and the PA Required Expansion Facilities, collectively.
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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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Committed Facilities means facilities for borrowing (excluding facilities repayable on demand) made available to any member of the Group by third party financial institutions:
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Related to Committed Facilities

  • Related facilities means any ancillary facilities owned by the Company which are —

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

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

  • Facility means the entire operation located on the property where the Equipment is located;

  • 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".

  • 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.

  • Public facilities means amenities that are—

  • Shared Facilities means the gentie lines, transformers, substations, or other equipment, permits, contract rights and obligations, and other assets and property (real or personal), in each case, as necessary to enable delivery of energy from Seller’s electric generating facility (which is excluded from this definition of Shared Facilities) to the Point of Interconnection that are used in common with other entities, as applicable.

  • Public facility means 1 or more of the following:

  • 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.

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

  • Holding facility means a designated area for the retention of