Facility Borrower definition

Facility Borrower means a select Commercial Bank, Leasing Company, Distribution Company, or other type of institution eligible under the laws of Türkiye to lend as specified in the Facility Operational Manual, that meets the eligibility criteria specified in the Facility Operational Manual for receiving a Facility Loan to on-lend to a Facility Sub-borrower; “Facility Borrowers” means collectively all such borrowers.
Sample 1Sample 2Sample 3
Facility Borrower. As defined in the preamble to this Agreement.
Sample 1
Facility Borrower. The Xxxxxx Borrower, with respect to the Xxxxxx Property; the Holy Family Borrower, with respect to the Holy Family Property; the Nashoba Borrower, with respect to the Nashoba Property; the Xxxxxxx Borrower, with respect to the Xxxxxxx Property; the Xxxxx Borrower, with respect to the Xxxxx Property; the West Jordan Borrower, with respect to the West Jordan Property; and the Borrower party thereto, with respect to any New Property. Loan: Individually and collectively, (i) that certain term loan in the original principal amount of Six Hundred Million and No/100 Dollars ($600,000,000) made jointly and severally by certain of the Facility Borrowers in favor of Lender on October 3, 2016, (ii) the 2017 Additional Advance, (iii) that certain term loan in the original principal amount of Three Hundred Fifty Million and No/100 Dollars $350,000,000 made by West Jordan Borrower in favor of West Jordan Lender on the IASIS Closing Date, and (iv) that certain term loan in the original principal amount of Three Hundred Fifty Million and No/100 Dollars $350,000,000 made by Xxxxx Borrower in favor of Xxxxx Lender on the IASIS Closing Date.
Sample 1

Examples of Facility Borrower in a sentence

  • Early involvement in the strategy process by a wide range of organizational members is likely to ensure success in implementation, especially when a strategy is new.

  • In addition, so long as there are any Credit Accommodations outstanding under the Loan Facility, Borrower shall deliver to Lender at least once each month no later than the twentieth (20th) day of such month or more frequently as required by the Loan Documents, an Export-Related Borrowing Base Certificate.

  • In order to receive Credit Accommodations under the Loan Facility, Borrower shall have delivered to Lender an Export-Related Borrowing Base Certificate as frequently as required by Lender but at least within the past thirty (30) calendar days and a copy of the Export Order(s) (or, for Revolving Loan Facilities, if permitted by Lender, a written summary of the Export Orders) against which Borrower is requesting Credit Accommodations.

  • If the Healthcare Facility is an Assisted Living Facility, Borrower shall require that no more than one person shall occupy any residential unit of the Healthcare Facility unless Operator receives prior written consent from all residents of such unit.

  • To terminate this Agreement and the Credit Facility, Borrower shall deliver a Credit Facility Termination Request to Lender.

  • In connection therewith, Trade Bank may disclose any information relating to the Facility, Borrower or its business, or any Guarantor or its business.

  • If Borrower shall own or operate any real property located in the State of New Jersey that is used as a Major Facility, Borrower shall duly file or cause to be duly filed with the Director of the Division of Taxation in the New Jersey Department of the Treasury, a tax report or return and shall pay or make provision for the payment of all taxes due therewith, all in accordance with and pursuant to N.J.S.A. 58:10-23.11h.

  • Simultaneously upon any prepayment of the Revolving Loan and termination of the Revolving Facility, Borrower shall make full indefeasible payment in cash of the principal of and interest on the Term Loan and all other Obligations relating to the Term Loan.

  • Class 2 consists of Spare Engine Facility Claims against the Spare Engine Facility Borrower.

  • The Term Facility Borrower shall pay such Lender the amount shown as due on any such certificate within 10 days after receipt thereof.


More Definitions of Facility Borrower

Facility Borrower means, when in relation to (i) the Canadian Revolving Credit Facility, the Canadian Swing Line Facility and the Canadian Letter of Credit Facility: Consoltex; (ii) the Canadian Term Loan Facility: Consoltex; (iii) the U.S. Revolving Credit Facility and the U.S. Letter of Credit Facility: each of Consoltex Holdings, Consoltex USA, Consoltex International, LINQ, Consoltex Mexico (subject to the Mexican Borrowing Limit) and Rafytek (subject to the Mexican Borrowing Limit); and (iv) the US Term Loan Facility: each of LINQ and Consoltex Mexico (subject to the Mexican Borrowing Limit).
Sample 1
Facility Borrower means, when in relation to (i) the Canadian Revolving Credit Facility, the Canadian Swing Line Facility and Canadian Letter of Credit Facility: each of Consoltex and Consoltex Group; (ii) the Canadian Term Loan Facility: Consoltex; (iii) the US Revolving Credit Facility and the US Letter of Credit Facility: each of Consoltex USA, Balson-Hercules, LINQ and Consoltex Mexico; (iv) the US Term Loan Facility: each of LINQ and Consoltex Mexico; and (v) the Term B Loan Facility: Consoltex USA.
Sample 1
Facility Borrower s general office facility located at 400 Three Springs Drive, Weirton, West Virginia. Xxxxx Xxxxxxxxxxxx - xx xxxxxx xxxxx xx xxx xxxxxxxnce derived when the sum of the principal amount of Revolving Credit Loans then outstanding (including any amounts which Agent or any Lender may have paid for the account of Borrower pursuant to any of the Loan Documents and which have not been reimbursed by Borrower), the LC Amount and any reserves is subtracted from the amount derived under clause (ii) of the definition of Borrowing Base. If the amount outstanding is equal to or greater than the amount derived under clause (ii) of the definition of Borrowing Base, Gross Availability is 0. Guarantors - each Person who hereafter guarantees payment or performance of the whole or any part of the Obligations. Guaranty Agreements - each guaranty hereafter executed by any Guarantor. Hot Mill Collateral - the real Property constituting Borrower's Hot Strip Mill located at Borrower's Weirton, West Virginia steel-making facility, which converts slabs into flat rolled coils and which is legally described on Exhibit A-4 attached to the Agreement, together with all Equipment and Fixtures now or hereafter located thereon (whether or not later moved), including without limitation the Equipment listed on Exhibit A-5 attached to the Agreement. Indebtedness - as applied to a Person means, without duplication:
Sample 1
Facility Borrower s general office facility located at 400 Three Springs Drive, Weirton, West Virginia. GO/XX Xxxxxxxxxxxx - Xxxxxxxxxxxx xxx Xxxxx Xxxxxxxx xx Borrower in an aggregate principal amount not in excess of $3,100,000, owing to Steelworks Community Federal Credit Union. Guarantors - each Person who hereafter guarantees payment or performance of the whole or any part of the Obligations. Guaranty Agreements - each guaranty hereafter executed by any Guarantor. Hazardous Materials - any chemical, material or substance, exposure to which is prohibited, limited or regulated by any governmental authority or which may or could pose a hazard to the health and safety of the owners, occupants or any persons in the vicinity of any Property or to the indoor or outdoor environment. Holding Period - as defined in Section 10.2 of the Agreement. Hot Mill Collateral - the real Property constituting Borrower's Hot Strip Mill located at Borrower's Weirton, West Virginia steel-making facility, which converts slabs into flat rolled coils and which is legally described on Exhibit A-1 attached to the Agreement, together with Intellectual Property and Computer Hardware and Software used in connection with the operation and maintenance of the Hot Strip Mill and all Equipment and Fixtures now or hereafter located thereon (whether or not later moved), including without limitation the Equipment listed on Exhibit A-2 attached to the Agreement. Incremental Operational Costs - as defined in Section 10.2 of the Agreement.
Sample 1
Facility Borrower s general office facility located at 400 Three Springs Drive, Weirton, West Virginia. Xxxxx Xxxxxxxxxxxx - xx xxxxxx xxxxx xx xxx xxxxxrence derived when the sum of the principal amount of Revolving Credit Loans then outstanding (including any amounts which Agent or any Lender may have paid for the account of Borrower pursuant to any of the Loan Documents and which have not been reimbursed by Borrower), the LC Amount and any reserves is subtracted from the amount derived under clause (ii) of the definition of Borrowing Base. If the amount outstanding is equal to or greater than the amount derived under clause (ii) of the definition of Borrowing Base, Gross Availability is 0. Guarantors - each Person who hereafter guarantees payment or performance of the whole or any part of the Obligations. Guaranty Agreements - each guaranty hereafter executed by any Guarantor. Hot Mill - Borrower's Hot Strip Mill located at Borrower's Weirton, West Virginia steelmaking facility, which converts slabs into flat rolled coils. Indebtedness - as applied to a Person means, without duplication:
Sample 1
Facility Borrower. The Xxxxxx Borrower, with respect to the Xxxxxx Property; the Holy Family Borrower, with respect to the Holy Family Property; the Nashoba Borrower, with respect to the Nashoba Property; the Xxxxxxx Borrower, with respect to the Xxxxxxx Property; and the Borrower party thereto, with respect to any New Property.
Sample 1

Related to Facility Borrower

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Dutch Borrower means any Borrower that is organized under the Laws of The Netherlands.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Administrative Agent has the meaning assigned to such term in the preamble of this Agreement.

  • means Borrower s forecasted consolidated and consolidating:

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.

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

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Canadian Borrower as defined in the preamble hereto.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Foreign Borrower means any Borrower that is organized under the laws of a jurisdiction other than the Unites States, a state thereof or the District of Columbia.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.