Facility Amendment definition

Facility Amendment means an Incremental Term Facility Amendment, a Revolving Increase Supplement, a Refinancing Amendment or an Extension Amendment.
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Facility Amendment has the meaning given to it in Section 2.1(b);
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Facility Amendment means any amendment, modification, extension or renewal of any Facility or Facility Agreement.
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Examples of Facility Amendment in a sentence

  • No Incremental Facility Amendment shall require the consent of any Lenders other than the Additional Lenders with respect to such Incremental Facility Amendment.

  • An Incremental Facility Amendment may, without the consent of any other Lenders, effect such amendments to any Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section 2.14.

  • The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Facility Amendment.

  • The Administrative Agent will promptly notify each Lender as to the effectiveness of each Incremental Facility Amendment.

  • An Incremental Term Facility Amendment may, without the consent of any other Lenders, effect such amendments to any Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent, to effect the provisions of this Section.

  • Neither any Incremental Facility Amendment, nor any such amendments to the other Loan Documents or such other new Loan Documents, shall be required to be executed or approved by any Lender, other than the Lenders providing such Incremental Term Loans and/or Incremental Revolving Commitments, as applicable, and the Administrative Agent, in order to be effective.

  • The effectiveness of any Incremental Facility Amendment and the occurrence of any credit event (including the making of a Loan and the issuance, increase in the amount, or extension of a letter of credit thereunder) pursuant to such Incremental Facility Amendment may be subject to the satisfaction of such additional conditions as the parties thereto shall agree.

  • The proceeds of any Loans under an Incremental Facility shall be used as specified in the relevant Incremental Facility Amendment.

  • The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Refinancing Facility Amendment.

  • Each Incremental Facility Amendment shall also require such amendments to the Loan Documents, and such other new Loan Documents, as the Administrative Agent reasonably deems necessary or appropriate to effect the modifications and credit extensions permitted by this Section 2.16.


More Definitions of Facility Amendment

Facility Amendment has the meaning ascribed to it in Section 2.1(b). “Financial Indicators” means the Tangible Net Worth and the Credit Rating.
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Facility Amendment has the meaning ascribed to it in Section 2.1(d). “FD&M Cost Adjustment” has the meaning ascribed to it in Exhibit L.
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Facility Amendment and “Facility Amendments” shall have the meanings given those terms in Section 6.6.2.
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Facility Amendment has the meaning set forth in the Term Sheet.
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Facility Amendment has the meaning ascribed to it in Section 2.1(b). “Final Windfall Amount” has the meaning ascribed to it in Section 4.7(b).
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Related to Facility Amendment

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Extension Amendment has the meaning set forth in Section 2.16(d).

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Refinancing Amendment means an amendment to this Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower executed by each of (a) the Borrower and Holdings, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any portion of the Credit Agreement Refinancing Indebtedness being incurred pursuant thereto, in accordance with Section 2.21.

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • ESG Amendment has the meaning specified in Section 2.18.

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Term Facility Commitment means the commitment of a Term Lender to make Term Loans, including Initial Term Loans and/or Other Term Loans.

  • Term Commitment Increase has the meaning specified in Section 2.14(a).

  • Incremental Lenders has the meaning set forth in Section 2.14(c).