EDC Credit Facility definition

EDC Credit Facility means the loan facility established pursuant to Section 2.3.
EDC Credit Facility means the guaranteed loan agreement dated as of March 11, 2013 among WestJet Encore Ltd., as borrower, Export Development Canada, as lender and the Company as guarantor.
EDC Credit Facility means the loan and guaranty agreement entered into on May 10, 2023, among the Company the guarantors party thereto and Export Development Canada providing for a senior credit facility in an aggregate principal amount of $50 million.

Examples of EDC Credit Facility in a sentence

  • In response to the SVB Breach, management has completed the following remedial initiatives to reduce the Company’s liquidity risk (i) entry into a Forbearance Agreement with SVB; (ii) completion of a $13.9 million private placement; and (iii) entry into the $8.8 million EDC Credit Facility, which are described in detail below.

  • EDC Credit Facility In March 2022, Kiwetinohk entered into a new $15.0 million unsecured demand revolving letter of credit facility (the "LC Facility") with a Canadian bank.

  • EDC Credit Facility In March 2022, Kiwetinohk entered into a new $15.0 million unsecured demand revolving letter of credit facility (the "LC Facility") with Export Development Canada ("EDC").

  • Mitigation action: the ECSEL JU is implementing the CSC tools as soon as they become available.In addition, the IAS performed an IT risk assessment initially in November 2013, then IAS updated it in November 2014.

  • EDC Credit Facility On June 5, 2023, Kiwetinohk amended and increased the unsecured demand revolving letter of credit facility (the "LC Facility") with Export Development Canada ("EDC") from $15.0 million to $75.0 million.


More Definitions of EDC Credit Facility

EDC Credit Facility means the Export Development Bank Business Credit Availability Program Facility dated September 24, 2020 providing for a non-revolving term loan in the principal amount of $3,000,000 in favour of the Company pursuant to the terms of the Credit Facility.

Related to EDC Credit Facility

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended and restated as of November 12, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of October 26, 2006, by and among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Alternate Credit Facility means any irrevocable direct pay letter of credit, insurance policy or similar credit enhancement or support facility for the benefit of the Trustee, the terms of which Alternate Credit Facility shall in all respects material to the registered owners of the Bonds be the same (except for the term set forth in such Alternate Credit Facility) as those of the Letter of Credit.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Primary Credit Facility mean the credit facility described in the Line of Credit section of this Agreement.