Conventional Facility definition

Conventional Facility means the dollar term loan facility made available under the Conventional Finance Documents as described in Clause 2.1 (The Conventional Facility).
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Conventional Facility has the meaning given in the HoldCo Common Terms Agreement;
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Examples of Conventional Facility in a sentence

  • The Conventional Facility shall be deemed fully utilised on the Restructuring Effective Date at the time and in the manner specified in the Restructuring Implementation Deed.

  • The Company shall pay to the Conventional Facility Agent for its own account an agency fee in the amount and manner agreed in a Fee Letter between the Conventional Facility Agent and the Company.

  • The Company shall not cancel the whole or any part of the Conventional Facility or the Islamic Financing Facility except as otherwise provided in this Agreement.

  • The Conventional Facility Agent may (with the consent of the Borrower or in accordance with clause 29 (Set-Off) of the Common Terms Agreement) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Conventional Finance Documents or in or towards the purchase of any amount of any currency to be so applied.

  • We refer to an English law governed common terms agreement dated on or about the date of this letter between, among others, Neptune Project Holding 3 Limited as original borrower and original guarantor, the Original Financiers listed therein, Abu Dhabi Commercial Bank PJSC as the Conventional Facility Agent, Dubai Islamic Bank PJSC as the Murabaha Investment Agent and Abu Dhabi Commercial Bank PJSC as the Security Agent (the “Common Terms Agreement”).

  • THE SCHEDULE Commitment/rights and obligations to be transferred [Insert relevant details] [Facility Office address, fax number and attention details for notices and account details for payments] [Existing Financier] [New Financier] By: By: This Transfer Certificate is accepted for the purposes of the Agreement and the other Transaction Documents by the Global Agent and [the Conventional Facility Agent] / [the Investment Agent]* and the Transfer Date is confirmed as [ ].

  • The Client has the ownership of each equipment that is installed by the ESCO in the Conventional Facility.

  • The Conventional Facility Agent may accept deposits from, lend money or provide Islamic facilities to and generally engage in any kind of banking or other business with any member of the Group.

Related to Conventional Facility

  • Conventional Loan A Mortgage Loan that is not insured by the United States Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs.

  • Educational facility means a structure available for use as a dormitory or other housing facility, including housing facilities for students, a dining hall, student union, administration building, academic building, library, laboratory, research facility, classroom, athletic facility, health care facility, and maintenance, storage, or utility facility, and other structures or facilities related thereto or required or useful for the instruction of students or the conducting of research or the operation of an institution for higher education, including parking and other facilities or structures essential or convenient for the orderly conduct of the institution for higher education, and shall include lands and interests in lands and landscaping, site preparation, furniture, equipment, machinery, and other similar items necessary or convenient for the operation of a particular facility or structure in the manner for which its use is intended, and any improvements necessary to a particular facility to make the facility more energy efficient. Educational facility does not include items as books, fuel, supplies, or other items the costs of which are customarily deemed to result in a current operating charge and does not include any facility used or to be used for sectarian instruction or as a place of religious worship, nor a facility which is used or to be used primarily in connection with a part of the program of a school or department of divinity for a religious denomination.

  • Correctional facility means a facility operated under the management and control of the Virginia Department of Corrections.

  • State correctional facility means a facility or institution maintained and operated by the department.

  • Convention facility means all or any part of, or any combination of, a convention hall, auditorium, arena, meeting rooms, exhibition area, and related adjacent public areas that are generally available to the public for lease on a short-term basis for holding conventions, meetings, exhibits, and similar events, together with real or personal property, and easements above, on, or under the surface of real or personal property, used or intended to be used for holding conventions, meetings, exhibits, and similar events, together with appurtenant property, including covered walkways, parking lots, or structures, necessary and convenient for use in connection with the convention facility. Convention facility includes an attached arena with a seating capacity not exceeding 13,000. Convention facility does not include any arena with a seating capacity exceeding 13,000.

  • Recreational Facilities means spas, saunas, steam baths, swimming pools, exercise, entertainment, athletic, playground or other similar equipment and associated accessories.

  • Residential facility means a home or facility that is licensed by the department of developmental disabilities under section 5123.19 of the Revised Code and in which a child with a developmental disability resides.

  • Principal Facility means the real property, fixtures, machinery and equipment relating to any facility owned by the Company or any Subsidiary, except for any facility that, in the opinion of the Board of Directors, is not of material importance to the business conducted by the Company and its Subsidiaries, taken as a whole.

  • Institutional facility means an organization whose primary purpose is to provide a physical environment for patients to obtain health care services and shall not include those places where physicians, dentists, veterinarians, or other practitioners, who are duly licensed, engage in private practice.

  • Conventional filtration treatment means a series of processes including coagulation, flocculation, sedimentation, and filtration resulting in substantial particulate removal.

  • Cultural facility means any publicly owned or operated museum, theater, art center, music hall, or other cultural or arts facility.

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Cannabis cultivation facility means a person that:

  • waste disposal facility means an individual or entity that has been issued a medical marijuana waste disposal facility license by the Department to dispose of medical marijuana waste as authorized in Oklahoma law and these Rules.

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