Facility C1 definition

Facility C1 means the credit facility designated as the C1 Credit Agreement, dated July 31, 2009, by and between Enbridge Partners and the Partnership, on behalf of Series AC, which was refinanced with the proceeds of the C1 Promissory Note.

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Facility C1 means the €95,000,000 term loan facility which forms a sub-tranche of Facility C.

Facility C1 means the English law governed up to EUR 650,000,000 term loan facility made or to be made available to KDVS and/or KDG as an add-on facility under the Credit Agreement for the purposes of, inter alia, repaying any and all outstandings under Facility C. Fee Letter means any letter entered into by reference to the Credit Agreement between one or more Administrative Parties and an Obligor setting out the amount of certain fees which are payable, inter alia, in relation to the Credit Agreement.

Examples of Facility C1 in a sentence

• The proceeds of the Enbridge Partners Long-Term Indebtedness shall be loaned to the Series AC on substantially the same terms as the Enbridge Partners Long-Term Indebtedness in order to refinance the outstanding borrowings under Facility C1.

• The Series AC will be the Primary Obligor with respect to the Intercompany Preliminary Construction Cost Payable and Facility B1 and Facility C1 and any refinancing thereof, including the Long-Term Debt Financing, and the Series LH will be the Primary Obligor with respect to all other Intercompany Obligations existing on the Closing Date.

• Exclusive Resorts hereby acknowledges, ratifies, confirms and affirms that the Facility A Notes, the Facility B-1 Notes, the Facility B-2 Notes, the Facility C-1 Notes and the Facility C-2 Notes have been issued as set forth in the Amended and Restated Loan Agreement.

• The Borrower shall repay the Facility C1 Loan in full on the Termination Date.

• Period for a Loan shall not extend beyond the Termination Date applicable to its Facility (or, in the case of any Facility C1 Loan which is converted to a Term Loan under Clause 8 (Conversion of Facility C1), the Final C1 Termination Date).

• Except as otherwise provided in this Section 2.3(b), the principal amount of the Facility C-1 Loans outstanding from time to time shall bear interest at the Facility C-1 Interest Rate.

• The first Interest Period for each Term Loan made pursuant to Clauses 8.2 (Conversion of Existing Facility C1 Loans) and Clause 8.3 (Conversion of Undrawn Commitment) shall commence on the original Termination Date, and shall be of a duration determined in accordance with Clause 10 (Interest Periods).

• As of the Initial Restructuring Funding Date, the aggregate outstanding principal amount of the Facility C-1 Loans is $191,430,583.52.

• Principal amounts repaid on the Facility C-1 Note may not be borrowed again.

• The Company shall pay the Agent (for the account of each Lender participating in Facility C1) a term-out fee of 0.1 per cent.

More Definitions of Facility C1

Facility C1 means the term loan facility made available under this Agreement as described in paragraph (a)(vii) of Clause 2.1 (The Facilities).

Facility C1 means each English law governed add-on facility accession agreement each dated 3 February 2010 between the Security Agent, certain persons or entities as lenders, KDG and KDVS pursuant to which Facility C1 shall be made available. Add-On Facility means

Facility C1 means the credit facility designated as the C1 Credit Agreement, dated the Closing Date, by and between Enbridge Partners and the Partnership, on behalf of Series AC, as it may be amended, supplemented or restated from time to time.

Facility C1 means the C1 Credit Agreement in the form attached to this Agreement as Exhibit D.

Facility C1 means a term loan Facility constituting an Add-On Facility under the Credit Agreement.

Facility C1 means the 364-day multicurrency revolving loan facility with a term-out option made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).