Designated Facility Limits definition

Designated Facility Limits means the amount designated as the facility limit against a Facility specified opposite that Facility in column (2) of the table in Clause 2.1(a) (Designated Facility Limits and Designated Sub-limits) of the Facility Letter.
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Designated Facility Limits means the amount designated as the facility limit against a Facility specified opposite that Facility in column (2) of the table in Clause 2.1(a) (Designated Facility Limits and Designated Sub-limits) of the Facility Letter. "Designated Sub-limits" means (if specified) the amount as designated as the sub-limit against a Borrower in column (3) of the table set out in Clause 2.1(a) (Designated Facility Limits and Designated Sub-limits) of the Facility Letter. "Event of Default" means any event specified in Clause 11.1 and in any other Finance Document. "Facility" means each facility set out in Clause 2 (Facilities) of the Facility Letter. "Finance Document" means the Agreement, any Security Documents, any document identified as such in the Facility Letter and any other document designated as such by the Bank and any Group member from time to time. "Financial Indebtedness" means any indebtedness incurred for or in respect of: (a) monies borrowed; (b) any amount raised under any other transaction (however structured) having the commercial effect of a borrowing; and (c) the amount of any liability in respect of any guarantee or indemnity for any of the items referred to in paragraphs (a) and (b) above. "Financial Statements" means: (a) for the Parent, the audited consolidated financial statements of the Group for each of its financial years; and (b) for each Obligor other than the Parent, its audited financial statements for each of its financial years. "Group" means the Parent and its Subsidiaries. "Holding Company" means, in relation to a person, any other person in respect of which the first named person is a Subsidiary. "Increased Cost" means: (a) an additional or increased cost; (b) a reduction in the rate of return from a Facility or on the Bank's (or its Affiliate's) overall capital; or (c) a reduction of an amount due and payable under any Finance Document, which is incurred or suffered by the Bank or any of its Affiliates but only to the extent attributable to the Bank having entered into any Finance Document or funding or performing its obligations under any Finance Document. "Local Currency" means for each Facility, the currency in which the Designated Facility Limits of that Facility is denominated as specified in Clause 2 (Facilities) of the Facility Letter. "Local Currency Amount" means the amount specified in the utilisation request (or, if the amount requested is not denominated in the Local Currency for the relevant Facility). that amount conve...
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Examples of Designated Facility Limits in a sentence

  • The Bank will offer each Facility to each Borrower as specified opposite that Facility in column (3) of the table set out in sub-clause (a) of clause (Designated Facility Limits and Designated Sub-Limits) of the Facility Letter subject to the Facility Limits (whichever is the lower).

  • Limits: The Bank will offer each Facility to each designated Borrower specified opposite that Facility in column (3) of the table set out in Clause 2.1 (a) (Designated Facility Limits and Designated Sub-limits) subject to the Designated Facility Limits, Designated Combined Facility Limits and Designated Sub-limits (whichever is the lower).

  • The Bank will offer each Facility to each designated Borrower specified opposite that Facility in column (3) of the table set out in Clause 2.1(a) (Designated Facility Limits and Designated Sub-limits) subject to the Designated Facility Limits, Designated Combined Facility Limits and Designated Sub-limits (whichever is the lower).

  • Limits: The Bank will offer each Facility to the Borrower(s) specified opposite the reference to that Facility in the Facility Letter subject to the Designated Facility Limits, Designated Combined Facilities Limits and Designated Sub-limits (whichever is the lower).

  • Currency: If a Facility is made available in more than one currency, the Designated Facility Limits, Designated Combined Facilities Limits and Designated Sub-limits will be calculated in the Base Currency for the relevant Facility and any utilisation and any proposed utilisation in other currencies will be converted into the relevant Base Currency at the Spot Rate.

  • Currency: If a Facility is made available in more than one currency, the Designated Facility Limits, Designated Combined Facility Limits and Designated Sub-limits will be calculated in the Local Currency for the relevant Facility and any utilisation and any proposed utilisation in other currencies will be converted into the relevant Local Currency at the Spot Rate.

  • If a Facility is made available in more than one currency, the Designated Facility Limits, Designated Combined Facility Limits and Designated Sub-limits will be calculated in the Local Currency for the relevant Facility and any utilisation and any proposed utilisation in other currencies will be converted into the relevant Local Currency at the Spot Rate.

Related to Designated Facility Limits

  • Facility Limit means $100,000,000 as reduced from time to time pursuant to Section 2.02(e). References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the sum of the Aggregate Capital plus the LC Participation Amount.

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

  • Maximum Facility Output means the maximum (not nominal) net electrical power output in megawatts, specified in the Interconnection Service Agreement, after supply of any parasitic or host facility loads, that a Generation Interconnection Customer’s Customer Facility is expected to produce, provided that the specified Maximum Facility Output shall not exceed the output of the proposed Customer Facility that Transmission Provider utilized in the System Impact Study. Maximum State of Charge:

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

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

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Required Facility Lenders means, as of any date of determination, with respect to one or more Facilities, Lenders having more than 50% of the sum of (a) the Total Outstandings under such Facility or Facilities and (b) the aggregate unused Commitments under such Facility or Facilities; provided that the unused Commitments of, and the portion of the Total Outstandings under such Facility or Facilities held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of the Required Facility Lenders.

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

  • ICSID Additional Facility Rules means the Rules Governing the Additional Facility for the Administration of Proceedings by the Secretariat of the International Centre for Settlement of Investment Disputes;

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • 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;

  • 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:

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender, the percentage of the total Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment. If the Revolving Facility Commitments have terminated or expired, the Revolving Facility Percentages shall be determined based upon the Revolving Facility Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Facility Production Limit means the production limit placed on the main product(s) or raw materials used by the Facility that represents the design capacity of the Facility and assists in the definition of the operations approved by the Director.

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

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

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

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

  • Facility Exposure means, at any date of determination, the sum of (a) the aggregate principal amount of all outstanding Advances, plus (b) all Obligations of the Loan Parties in respect of Guaranteed Hedge Agreements, valued at the Agreement Value thereof.

  • Facility A Commitment means, with respect to any Lender, the principal amount set out beside such Lender's name in Schedule V with reference to Facility A, as amended from time to time, and to the extent not cancelled or terminated hereunder.

  • Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans outstanding, (b) Revolving L/C Exposures and (c) Available Unused Commitments that, taken together, represent more than 50% of the sum of (x) all Revolving Facility Loans outstanding, (y) all Revolving L/C Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).