Facility 1 definition

Facility 1 means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

Facility 1 means that certain $30,000,000 line of credit facility, consisting of revolving Tranche A and non-revolving Tranche B, for the purposes of financing for working capital and other general corporate purposes and to payoff and terminate the Existing Credit Facility.

Facility 1 shall have the meaning given to that term in Recital B to the Participation Agreement.

Examples of Facility 1 in a sentence

• Regarding Underground Facilities, Contractor shall be allowed an increase in the Contract Sum or an extension of the Contract Time, or both, to the extent that they are attributable to the existence of any Underground Facility that is owned and was built by Owner only where the Underground Facility: 1.

• Transmission Provider must conduct the necessary studies and construct the Network Upgrades needed to integrate the Large Generating Facility (1) in a manner comparable to that in which Transmission Provider integrates its generating facilities to serve native load customers; or (2) in an ISO or RTO with market based congestion management, in the same manner as all Network Resources.

• Validity can be re-newed by re-certification.The owner of the certificate is obliged: 5 Information Technology Security Evaluation Facility 1.

• Transmission Provider must conduct the necessary studies and construct the Network Upgrades needed to integrate the Large Generating Facility (1) in a manner comparable to that in which Transmission Provider integrates its generating facilities to serve native load customers; or (2) in an ISO or RTO with market based congestion management, in the same manner as Network Resources.

• The Study Process shall be used by an Interconnection Customer proposing to interconnect its Small Generating Facility to the CAISO Controlled Grid if the Small Generating Facility (1) is larger than 2 MW but no larger than 20 MW, (2) is not certified, or (3) is certified but did not pass the Fast Track Process or the 10 kW Inverter Process.

More Definitions of Facility 1

Facility 1 means, prior to the date of the Fourth Amendment, that certain revolving line of credit facility described in Recital A of the Fourth Amendment and, from and after the date of the Fourth Amendment, that certain term loan, in the original principal amount of $22,700,649.31 made pursuant to the Facility 1 Note.

Facility 1. The Borrower shall pay to the Bank interest on the Term Loan for the period commencing on the date of the Fourth Amendment until the Term Loan shall be paid in full, at a rate per annum equal to the greater of (x) the Prime Rate plus 2.85%, and (y) 6.00%. Any change in the interest rate resulting from a change in the Prime Rate shall be effective as of the opening of business on the day on which such change in the Prime Rate becomes effective.” (i) Subsection (a)(ii) of Section 3.1(A) of the Credit Agreement is hereby deleted in its entirety and the following is inserted in its place:

Facility 1 have the meanings set forth in Recital A above.

Facility 1 means the Station operation authorized by the grant of BPFT-20100211AAT and BLFT-20100524AFC

Facility 1 has the meaning set forth in Recital A above.

Facility 1 means RUB 2,309,758,500 facility agreement originally entered into by, amongst others, Fund V (as guarantor) on 19 November 2018 (as amended and restated from time to time);

Facility 1 means the uncommitted borrowing base secured working capital facility made available under this Agreement as described in paragraph (a)(i) of Clause 2.1 (The Facilities).