Equipment Facility definition

Equipment Facility means any structure used to house electronic equipment, cooling systems and back-up power systems associated with a WCF, including shelters, enclosures, cabinets and other similar structures.
Equipment Facility means the facility under which Borrower may request Bank to issue cash advances, as specified in Section 2.2 hereof.
Equipment Facility. - means the US Dollar credit facility granted to the Borrower by the Bank pursuant to clause 2.1 below;

Examples of Equipment Facility in a sentence

  • Lender shall have received copies of the Operating Leases, each Operating Lease Guaranty and the Gaming Equipment Facility Agreements, which shall be reasonably satisfactory in form and substance to Lender.

  • This Agreement shall become effective on the Closing Date ---- and, subject to Section 12.7, shall continue in full force and effect for a term ending on the Equipment Facility Maturity Date.

  • Borrower shall maintain, as of the last day of each --------- calendar month, except for the months ending January 31, February 28 and March 31 of 1997, a ratio of (a) the sum of cash and cash equivalents to (b) the aggregate outstanding amount of all Advances under the Equipment Facility of at least 1.50 to 1.00.

  • Such fixed rate option, once elected, shall continue for the term of the Equipment Facility.

  • All amounts outstanding under the Equipment Facility shall be paid in full on the Equipment Facility Maturity Date.


More Definitions of Equipment Facility

Equipment Facility or “Equipment Line” means a Credit Extension of up to $2,137,243.61.
Equipment Facility shall have the meaning assigned to such term in Section 1.01 hereof.
Equipment Facility means the Credit Extension for equipment financing in the principal amount of $800,000.00.
Equipment Facility means a room, cabinet, shelter, pedestal, build-out of an existing structure, building, or similar structure used to house ancillary equipment for a telecommunications tower or Antenna. Each such cabinet, shelter, or building shall be considered a separate equipment facility.
Equipment Facility means the equipment financing facility made available to SDCI by Caterpillar Financial Services Limited pursuant to the terms of a master lease agreement dated July 25, 2014;
Equipment Facility means equipment financing by an equipment financier in a net amount of US$35 million;
Equipment Facility means equipment financing by an equipment financier in a net amount of not less than US$70 million;