Facility B Credit definition

Facility B Credit means the revolving performance letter of credit facility committed under the Original Credit Agreement.
Facility B Credit is defined in Section 1.2 hereof.
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.

Examples of Facility B Credit in a sentence

  • Facility B Credit Agreements, dated as of November 15, 1994, with nine banks (incorporated by reference to Exhibit (4)(vi) to Annual Report on Form 10-K for the year ended December 31, 1994).

  • 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.

  • Revolving Credit Commitment and Revolving 364 Day Commitment reductions made pursuant to subsections 2.6(b)(i) and (ii) hereof (and the corresponding subsections of the Facility B Credit Agreement) shall be applied to each Lender's respective Revolving Credit Commitment and/or each Facility B Lender's Revolving 364 Day Commitment, as applicable, on a pro rata basis and shall reduce permanently such Commitments and Revolving 364 Day Commitments.

  • A study focussing on older women who had experienced FDV in rural south-west Virginia in the US resulted in the development of a community response plan (Roberto, Brossoie, McPherson, Pulsifer, & Brown, 2013).

  • 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.

  • At any time that an Event of Default has occurred and is continuing, all mandatory prepayments shall be applied in accordance with the terms of subsection 2.12 hereof (and the corresponding subsection of the Facility B Credit Agreement).

  • All conditions set forth in clauses (a) through (q) of subsection 5.1 of the Facility B Credit Agreement shall have been satisfied.

Related to Facility B Credit

  • Facility A Commitment means, with respect to any Lender, the principal amount set out beside such Lender's name in Schedule V with reference to Facility A, as amended from time to time, and to the extent not cancelled or terminated hereunder.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) the Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Revolving Lender at any time shall be the product of (i) such Revolving Lender’s Revolving Facility Percentage and (ii) the aggregate Revolving Facility Credit Exposure of all Revolving Lenders, collectively, at such time.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender, the percentage of the total Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment. If the Revolving Facility Commitments have terminated or expired, the Revolving Facility Percentages shall be determined based upon the Revolving Facility Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.