DVB Facility definition

DVB Facility means that certain Senior Secured Term Loan Credit Agreement, dated as of August 26, 2014, as amended, supplemented or modified from time to time, by and among Central Gulf Lines, Inc., as borrower, ISH, as guarantor, the lenders party thereto and DVB Bank SE, as mandated lead arranger, facility agent, and security trustee.
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DVB Facility means the loan facility made available to Bedford Maritime Corp and others pursuant to the Loan Agreement dated as of 16 January 2008 made between Bedford Maritime Corp, the Guarantor, DVB Group Merchant Bank (Asia) Ltd, and others;
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Examples of DVB Facility in a sentence

  • Therefore, holders of Allowed DVB Facility Claims are entitled to vote to accept or reject the Plan.

  • Class 6 consists of the Allowed DVB Facility Claims against Central Gulf Lines Inc.

  • Concurrently with, and as a condition to, the transfer of the PCTC Vessel known as the Green Bay to NYK, the Debtors shall provide DVB Bank SE payment in Cash in the amount of $28,162,271.03, plus interest and any reasonable fees, costs and charges provided for under the DVB Facility in full satisfaction of the Allowed DVB Facility Claim.

  • Upon such payment, the Allowed DVB Facility Claim shall be discharged and all Liens and security interests securing such Claims shall be terminated and automatically released.

  • The Loan may be used only in or towards repayment of the amounts outstanding under the Existing Facilities including, if the Existing DVB Facility is repaid prior to drawdown of the Loan, in reimbursement for the repayment of the Existing DVB Facility.

  • The DVB Facility will be repaid in 24 consecutive, quarterly principal payments of $900 for the first four quarters and of $450 for the remaining 20 quarters, with the first becoming due and payable three months from the drawdown date, and a balloon installment of $12,150 payable simultaneously with the last installment.

  • Through this Notice, The USDA is requesting nominations to fill five (5) upcoming vacancies on the NOSB.

  • The proximity of the sale or consumption of alcoholic beverages to entertainment and activities for persons under 21 years of age.

  • The Debtors do not have any claims, counterclaims, causes of action, defenses, setoff rights, or entitlements to equitable relief related to the DVB Facility or the DVB Collateral, whether arising on or prior to the date hereof, under the Bankruptcy Code, other applicable insolvency law, or applicable non-insolvency law, against the DVB Parties, and their respective affiliates, subsidiaries, agents, officers, directors, employees, attorneys, and advisors.

  • Holders of secured claims on account of the DVB Facility shall receive, at the option of the Debtors, with the consent of SEACOR, in full and final satisfaction of their allowed secured claims, either (w) cash in an amount necessary to satisfy their allowed secured claims, (x) the proceeds generated from the disposition of the collateral securing their claims, (y) delivery of the collateral securing their claims, or (z) such other treatment as complies with Bankruptcy Code section 1129.

Related to DVB Facility

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

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • 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;

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

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

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Clean coal SNG facility means a facility that uses a

  • Clean coal facility means an electric generating

  • Holding facility means a designated area for the retention of

  • Marihuana facility means a location at which a licensee is licensed to operate under the medical marihuana facilities licensing act.

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • Facility or Facilities means any tangible asset in the right-of-way required to provide utility service.

  • Common Facility Means a place where tenants utilise the same equipment such as kitchen, laundry meeting room and or car park.

  • Electric Facility means a Generator or an electric transmission facility.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Triage facility means a short-term facility or a portion

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

  • Cannabis cultivation facility means a person that:

  • Air navigation facility means any facility, other than one owned and operated by the United States, used in, available for use in, or designed for use in aid of air navigation, including any structures, mechanisms, lights, beacons, markers, communicating systems, or other instrumentalities or devices used or useful as an aid, or constituting an advantage or convenience to the safe taking off, navigation, and landing of aircraft, or the safe and efficient operation or maintenance of an airport, and any combination of any or all of such facilities.

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

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