Facility B Credit definition

Facility B Credit means the revolving performance letter of credit facility committed under the Original Credit Agreement.
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Facility B Credit means the committed revolving performance letter of credit facility in the maximum amount of ONE HUNDRED AND TWENTY MILLION CDOLLARS (C$120,000,000) or, to the extent expressly permitted by this Agreement, the Equivalent Amount thereof in another currency acceptable to the Issuing Bank which the Lenders will make available to the Canadian Borrower pursuant to, and in accordance with the terms of, ARTICLE 4 and other provisions of this Agreement.
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Facility B Credit is defined in Section 1.2 hereof.
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Examples of Facility B Credit in a sentence

  • The Facility B Credit is hereby cancelled and terminated effective on the date of this Agreement.

  • Each Lender agrees that any allocation made in good faith by the Agents of expenses or other amounts referred to in this paragraph between this Agreement and the Facility B Credit Agreement shall be conclusive and binding for all purposes.

  • All conditions set forth in clauses (a) through (q) of subsection 5.1 of the Facility B Credit Agreement shall have been satisfied or waived in writing by the Facility B Lenders required to affect a waiver of such condition.

  • Notes transferred by Institutional Accredited Investors to QIBs pursuant to Rule 144A or outside the United States pursuant to Regulation S will be eligible to be held by such QIBs or non-U.S. investors through DTC, Euroclear or Clearstream, Luxembourg, as appropriate, and the Registrar will arrange for any Notes which are the subject of such a transfer to be represented by the appropriate Registered Global Note, where applicable.

  • The entire agreement between the parties is expressed herein and in the Finnvera Facility B Credit Agreement, and no variation or modification of its terms shall be valid unless expressed in writing and signed by the parties.

  • Section 1.01 of the Facility B Credit Agreement is, effective as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 3 hereof, hereby amended by inserting at the end of the definition of "Letter Agreement" (and before the punctuation at the end of such definition) the phrase ", each as amended, modified or supplemented from time to time".

  • Unless otherwise defined herein or unless there is something in the subject or the context inconsistent therewith, the capitalized words and expressions used in this Subsidiary Guarantee or in any deed, document or instrument supplemental or ancillary hereto, shall have the meanings ascribed thereto in the Finnvera Facility B Credit Agreement.

  • Notwithstanding any provision herein to the contrary, the aggregate US Dollar Amount of the principal amount of all Advances outstanding under Facility B shall not at any time exceed the Facility B Credit Limit.

  • All the Subsidiary Guarantees so issued shall in all respects have the same legal rank and benefit under the Finnvera Facility B Credit Agreement as the Subsidiary Guarantees theretofore and thereafter issued in accordance with the terms of the Finnvera Facility B Credit Agreement as though all of such Subsidiary Guarantees had been issued at the date of the execution of the Finnvera Facility B Credit Agreement.

  • Except as set forth in Articles 4 and 5 of the Trust Indenture and notwithstanding subsections 2.3.1 and 2.3.2 above, nothing contained in the Finnvera Facility B Credit Agreement shall prevent any consolidation, merger or amalgamation of a Subsidiary Guarantor with or into the Borrower or another Subsidiary Guarantor, or shall prevent any sale or conveyance of the property of a Subsidiary Guarantor as an entirety or substantially as an entirety to the Borrower or another Subsidiary Guarantor.