EDC Facility definition

EDC Facility means the second amended and restated credit agreement dated June 23, 2000 (as amended, supplemented or otherwise modified from time to time) by and among Alamosa, as borrower, Alamosa Delaware, Texas Telecommunications LP, Alamosa Wisconsin Limited Partnership, Alamosa Delaware GP, LLC, Alamosa Wisconsin GP, LLC, Alamosa Finance LLC, Alamosa Limited LLC, as guarantors, Export Development Corporation, as administrative agent and the lenders named therein.
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EDC Facility means all facilities made available by EDC to support obligations of one or more of NNL, its Subsidiaries and its affiliates arising under or relating to letters of credit, letters of guarantee, indemnity arrangements, performance bonds, surety bonds, receivables purchases and similar instruments or arrangements issued or entered into for the benefit of one or more of NNL, its Subsidiaries or its affiliates, including (x) any such facility existing on the Security Amendment No. 1 Effective Date and (y) any master facility agreement with respect to any such support entered into between EDC, NNL and any of NNL's Subsidiaries or affiliates.
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EDC Facility means the credit facility in the aggregate maximum principal amount of Sterling 4,100,000 made available to MNL by EDC pursuant to a loan agreement dated February 27, 2003;
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Examples of EDC Facility in a sentence

  • The EDC Facility cannot be used to repay or refinance permanent reductions to the Operating Facility or to make shareholder contributions, shareholder loans, share buy backs or pay any bonuses or increase executive compensation.

  • For calculating compliance with this covenant, the amount drawn on the Operating Facility and EDC Facility, classified as a current liability, and the fair value of financial instruments are excluded from working capital.

  • The EDC Facility is payable on demand by the Lender and is non-revolving.

  • The Operating Facility and EDC Facility are secured by a general security agreement providing a security interest over all present and acquired property and a floating charge on all oil and natural gas assets.

  • The EDC Facility is a non-revolving term facility to be used exclusively to provide additional liquidity for the Company’s business operations.

  • The revolving credit facility and the EDC Facility both have a maturity date of July 30, 2024.

  • The maturity dates of therevolving credit facility and the EDC Facility include a feature that would cause the maturity dates to spring back to 91 days prior to the maturity date of certain material debt of the Corporation if such debt has not been repaid or refinanced prior to such date.

  • The revolving credit facility and the EDC Facility have a maturity date of July 30, 2024.

  • The Corporation has total available credit under two facilities of $1.3 billion, comprised of $800 million under the revolving credit facility and $500 million under a letter of credit facility guaranteed by Export Development Canada ("EDC Facility").

  • Under the EDC Facility, the loan is subject to an interest rate of lender prime plus a credit spread of 2.75% to 5.75%, depending on the Debt to Funds Flow ratio of less than 1.0 to greater than 4.0. The EDC facility also includes an annual fee of 1.8% of the outstanding balance, payable in four quarterly instalments.


More Definitions of EDC Facility

EDC Facility has the meaning ascribed thereto in the Security Agreements.
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EDC Facility means all facilities made available by EDC to support obligations of one or more of NNL, its Subsidiaries and its affiliates arising under or relating to letters of credit, letters of guarantee, indemnity arrangements, performance bonds, surety bonds, receivables purchases and similar instruments or arrangements issued or entered into for the benefit of one or more of NNL, its Subsidiaries or its affiliates, including (x) any such facility existing on the Security Amendment No. 1 Effective Date (as defined in Amendment No. 1 to the U.S. Security Agreement) and (y) any master facility agreement with respect to any such support entered into between EDC, NNL and any of NNL's Subsidiaries or affiliates.
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EDC Facility means the revolving credit agreement between the Company, EDC and a syndicate of Canadian banks, which provides the Company with up to US$150 million of borrowing availability.
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EDC Facility means the facility made available by EDC to NNL pursuant to the Amended and Restated Master Facility Agreement dated October 24, 2005, as the same may be amended from time to time.
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EDC Facility means the credit facility among Export Development Corporation and certain of the lenders under the TD Facility, as lender, and Nova Chemicals (Canada) Ltd., as borrower, dated February 22nd, 2008 which shall provide no less than U.S.$150,000,000 of available loan commitments as of such date;
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Related to EDC Facility

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

  • Public facility means 1 or more of the following:

  • LC Facility means the letter of credit facility established pursuant to Article III.

  • 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;

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

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

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

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

  • Holding facility means a designated area for the retention of

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • 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

  • 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.

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

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

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • Cannabis cultivation facility means a person that:

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

  • Bank Facility means any credit agreement, including the Credit Agreement dated December 17, 2014, among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended on April 30, 2015, December 8, 2015, and December 22, 2016, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • Tanning facility means any premises, building, or part of a building that contains one or more rooms or booths with any of the following:

  • nuclear facility means, except as otherwise agreed to by the Underwriter, any of the following, provided that Nuclear Material is contained therein or being used therewith or Nuclear Material is present at the site where the same is located:

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

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

  • Marijuana cultivation facility means an entity licensed to cultivate, prepare, and package marijuana and sell marijuana to retail marijuana stores, to marijuana product manufacturing facilities, and to other marijuana cultivation facilities, but not to consumers.

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

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