European Facility definition

European Facility shall have the meaning set forth in the Supply Agreement.

European Facility means the financing of Receivables and any Related Security (it being understood that Standard Securitization Undertakings shall be permitted in connection with such financing) entered into on the date hereof by certain Foreign Subsidiaries organized under the laws of one or more jurisdictions in Europe and with respect to Portuguese Receivables, Bermuda, as described in the Information Memorandum.

European Facility means the Facility Agreement for a U.S.$125,000,000 Secured Revolving Credit Facility to Pride Foramer SAS and Forasub B.V. arranged by Natexis Banques Populaires, as lead arranger, agent and security agent, Credit Industriel et Commercial, as arranger, and BNP Paribas and Credit Lyonnais, as co-arrangers, as the same may be amended, supplemented, restated or otherwise modified from time to time.

Examples of European Facility in a sentence

• Notwithstanding the above, no European Loan Party may, at any time that any amount of the European Facility Revolving Facility Usage is outstanding, directly or indirectly, repay any Indebtedness other than to another European Loan Party or acquire any Indebtedness other than of any other European Loan Party unless the European Undrawn Availability at that time, and immediately after making such repayment, exceeds (and has at all times in the preceding 30 day period exceeded) $3,000,000.

• The amounts in the U.S. Dominion Account will go to the U.S. Facility Obligations or the European Facility Obligations as determined by Agent.

• The students were grouped by mixed ability and shared ability levels (Richards & Lockhart, 2000).

• Going one-step further, appreciating the greater socioe- conomic impact of such endeavor, the EU has acknowledged the necessity of interoperable EHR systems by incorporating them under the umbrella of the Connecting European Facility (CEF) EU instrument towards forming interconnected and trans-European digital infrastructures and networks.

• All payments with respect to any European Facility Obligations shall be made in Euros.

More Definitions of European Facility

European Facility is amended and restated, to read as follows:

European Facility has the meaning ascribed to it in Section 2.1(a).

European Facility shall have the meaning set forth in Section 3.3(a).

European Facility means a facility under which FCNBD, in its sole discretion, may make revolving credit loans in favor of Hurco Europe and Hurco GmbH not to exceed $5,000,000 or its Dollar Equivalent (subject to Section 2.1(b)) pursuant to a letter agreement of even date herewith.

European Facility means any credit facility or credit arrangement including any day light overdraft facility or international account agreements provided by Bank of America Xxxxxxx Xxxxx International Limited (or any of its branches or Affiliates) to any of the Dutch Borrowers or any of their Affiliates that are Foreign Subsidiaries.

European Facility is hereby amended by (i) deleting the following: "on the date hereof", (ii) adding the following after the words "jurisdictions in Europe and": "the Securitization Subsidiary and", and (iii) deleting the words ""as described in the Information Memorandum" and inserting the following in lieu thereof: "pursuant to documentation dated as of August 14, 2006 and November 13, 2006, in each case, as amended".

European Facility is defined in the Introduction to this Agreement.