Facilities Sale definition

Facilities Sale means the sale of the Facilities, including all of the Debtors’ and the PSEG Entities’ interests in the Facilities, in accordance with the terms and conditions of the Settlement Agreement and any other order of the Bankruptcy Court approving such sale.
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Examples of Facilities Sale in a sentence

  • The sale of the Facilities (or of some or all of the equity interests in the Operating Debtors) will generate sale proceeds, and, pursuant to the Settlement Agreement and Section 4.1(c) of the Plan, the Allocated Facilities Sale Proceeds will be distributed to the holders of Class 3 – General Unsecured Claims (except for the Lease Trustee, on behalf of itself and the Lease Certificate Holders).

  • Cum ella also com plained o f ‘the low cultural developm ent’ o f the Irish, which ‘did no good to the city’.

  • Owners agree that until the closing and consummation in full of the Omega Facilities Sale, including, without limitation, the conveyance of the real property interests contemplated by the Omega Purchase Agreement, Owners will remain guarantors pursuant to that certain Unconditional Guarantee of Lease, dated as of May 13, 2015.

  • The Facilities Sale Proceeds must be applied on the last day of the interest period during which the Facilities Sale Proceeds are received unless Greencore elects to make a prepayment earlier than that time noting that such earlier prepayment would result in certain additional costs relating to this early prepayment that will be calculated by the lenders.

  • If RI-GD Investments accepts the prepayment offer, the Facilities Sale Proceeds must be applied on the last day of the interest period during which the Facilities Sale Proceeds are received unless Greencore elects to makea prepayment earlier than that time noting that such earlier prepayment would result in certain additional costs relating to this early prepayment that will be calculated by the lenders.

  • In the absence of such agreement, the Facilities Sale Proceeds must be applied (on a pro rata basis) to repay the Facilities Agreement and the Revolving Credit Facility (as defined in paragraph (e) below) and to offer a prepayment to all other lenders under the Existing Debt Agreements.

  • The majority lenders under the Facilities Agreement can agree to exclude the Facilities Sale Proceeds from such mandatory prepayment provisions.

  • For the avoidance of doubt, the Monthly Fee shall (1) be earned and payable only pursuant to the Original Retention Order, and (2) not be credited against any Facilities Sale Fee (as defined below).

  • Commitment fees are chargeable in respect of undrawn commitments and the fee is based on a percentage of the applicable margin.Pursuant to the Revolving Credit Facility, unless agreed otherwise, Greencore will be obliged to apply a pro rata share of all Facilities Sale Proceeds in mandatory prepayment of the facility.

  • For the further avoidance of doubt, in no event shall any Party or its Affiliate take or agree to effect a Settlement Action (other than a Permitted Facilities Sale in accordance with the terms and conditions hereof) without the prior written consent of Parent and the Company.

Related to Facilities Sale

  • Facilities Study shall be an engineering study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) to: (1) determine the required modifications to the Transmission Provider’s Transmission System necessary to implement the conclusions of the System Impact Study; and (2) complete any additional studies or analyses documented in the System Impact Study or required by PJM Manuals, and determine the required modifications to the Transmission Provider’s Transmission System based on the conclusions of such additional studies. The Facilities Study shall include the cost and scheduled completion date for such modifications, that will be required to provide the requested transmission service or to accommodate a New Service Request. As used in the Interconnection Service Agreement or Construction Service Agreement, Facilities Study shall mean that certain Facilities Study conducted by Transmission Provider (or at its direction) to determine the design and specification of the Customer Funded Upgrades necessary to accommodate the New Service Customer’s New Service Request in accordance with Tariff, Part VI, section 207.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Senior Facilities Agreement means the senior facilities agreement dated on or about the date of this Security Agreement between, among others, Paysafe Group Holdings II Limited as the Company, the Original Lenders (as defined therein) and the Security Agent.

  • Facilities Agreement means the facilities agreement, dated as of September 17, 2012, entered into among the Issuer and certain of its Subsidiaries, the financial institutions and noteholders party thereto, Citibank International PLC, as new administrative agent, and the Security Agent, as such agreement may be amended, modified or waived from time to time.

  • School facilities project means the planning, acquisition,

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

  • Local Facilities means working capital facilities provided to a Grantor (other than Beverage Packaging Holdings (Luxembourg) I S.A., Beverage Packaging Holdings (Luxembourg) II S.A. Beverage Packaging Holdings (Luxembourg) III S.à.x.x. and the Borrowers) by a Local Facility Provider and “Local Facility” means any of them.

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • Related facilities means any manager's units and any and all common area spaces that are included within the physical boundaries of the housing development, including, but not limited to, common area space, walkways, balconies, patios, clubhouse space, meeting rooms, laundry facilities, and parking areas that are exclusively available to residential users, except any portions of the overall development that are specifically commercial space.

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Future Facilities Costs means the CFD Public Facilities minus (i) public facility costs previously paid from the Construction Fund, (ii) moneys currently on deposit in the Construction Fund, and (iii) moneys currently on deposit in an escrow fund that are expected to be available to finance facilities costs.

  • Pollution control facilities means water and air pollution control equipment and solid waste disposal facilities or any of them.

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

  • Public facilities means amenities that are—

  • Other Facilities means athletic stadiums, swimming pools, any associated structures or related equipment tied to such facilities including, but not limited to, grandstands and night field lights, greenhouses, facilities used for non-instructional or non-educational purposes, and any structure, building, or facility used solely for school administration;

  • waste disposal facility means an individual or entity that has been issued a medical marijuana waste disposal facility license by the Department to dispose of medical marijuana waste as authorized in Oklahoma law and these Rules.

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Railroad facilities means right of way and related

  • Facilities-Based CLEC means a CLEC that provides service through its own switch or a Third Party provider’s switch.

  • Credit Facilities means one or more debt facilities (including the Credit Agreement) or commercial paper facilities providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables) or letters of credit, or any debt securities or other form of debt financing (including convertible or exchangeable debt instruments), in each case, as amended, supplemented, modified, extended, renewed, restated or refunded in whole or in part from time to time.

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

  • Existing Credit Facilities means (a) the 364-Day Credit Agreement dated as of February 28, 2012 among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, (b) the Three Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, and (c) the Five Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent.

  • Exit Facilities means, collectively, the Exit ABL Facility and the Exit Term Loan Facility.

  • Wastewater Facilities means the structures, equipment, and processes required to collect, carry away, and treat domestic and industrial wastes and dispose of the effluent.

  • Eligible Facilities Request means any request for modification of an existing tower or base station that does not substantially change the physical dimensions of such tower or base station, involving:

  • Term Facilities means the Term A Facility and the Term B Facility.