Facility Financing definition

Facility Financing means financing for the acquisition, development, construction, and ownership of the Facility and related purposes including any required reserve accounts, any capital additions, any operational needs relating to the Facility and any refinancing or replacement financing of any of the foregoing.
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Facility Financing means the obligations of Seller to any financing party or tax equity provider pursuant to the Financing Documents, including principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs and any claims or interest due with respect to any of the foregoing.
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Facility Financing means fi nancing for the acquisition, de velopment, construction, and ownership of the Facility and related purposes including any required reserve accounts, any capital additions, any operational needs relati ng to the Facility and any refinancing or replacement financing of any of the foregoing.
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Examples of Facility Financing in a sentence

  • A Convention Center Facility Financing Assistance Act Sales and Use Tax Information Form must be completed and filed on or before the 20th day of the month following the month of sale.

  • The Owner hereby covenants and agrees with the Manager that at no time during the Term of this Agreement shall (i) the total Facility Financing exceed the sum of (x) all costs incurred by the Owner in connection with the acquisition, development, construction and fill-up of the Facility, plus (y) all costs incurred by the Owner in connection with any capital improvements to the Facility, and (ii) the preferred returns payable to equity investors of the Owner be increased beyond those set forth herein.

  • The Manager hereby acknowledges and agrees that any and all Management Fees due hereunder shall be subordinate to any Facility Financing, as well as to any preferred returns to equity investors of the Owner.

  • When a Electricity Producer wishes to reserve Electrical Corporation-owned Interconnection Facilities or Distribution System Improvements installed and financed as Special Facilities for the Electricity Producer, but idled by a change in the operation of the Electricity Producer's Generating Facility or otherwise, Electricity Producer may elect to abandon or reserve such facilities consistent with the terms of its Interconnection Facility Financing and Operating Agreement with Electrical Corporation.

  • If Developer does not timely exercise this option, it will expire, and Developer shall be obligated to achieve Financial Close by the initial Facility Financing Deadline.

  • Costs for Special Facilities shall be paid by Electricity Producer pursuant to the provisions contained in the Interconnection Agreement or, where the nature and extent of the Interconnection Facilities and Distribution System Improvements warrant additional detail, in a separate Interconnection Facility Financing and Operating Agreement between the Electricity Producer and Electrical Corporation, and Electrical Corporation's applicable tariffs and rules for Special Facilities.

  • Appendix A - Description of Generating Facility and Single-Line Diagram Appendix B - Interconnection Facility Financing and Ownership Agreement Appendix C - Schedule FC-NEM, Fuel Cell Net Energy Metering Appendix D - Producer’s warranty that it meets the requirements for an Eligible Fuel Cell customer-generator and that the Generating Facility meets the requirements for an Eligible Fuel Cell electrical generating facility, both as defined in Section 2827.10 of the California Public Utilities Code.

  • The private placement loan is fixed-rate and the proceeds were used to refund the Series 2001 Indiana Health Facility Financing Authority Hospital Revenue Bonds.

  • Facilities are funded through the General Fund and through the City’s Public Facility Financing Plan, which includes fees for residential development and non-residential development that are collected at the time of building permit issuance.

  • ESIP also affects county colleges, though they do not have options related to competitive contracting, have different financing options and will receive guidance from the State’s Higher Education Facility Financing Authority.


More Definitions of Facility Financing

Facility Financing means any indebtedness incurred by OJT to finance the acquisition of the Facility, any portion of the Ancillary Hardware and certain of the start-up expenses, and any renewals or refinancings thereof, including any construction financing assumed by OJT in connection with the acquisition of the Facility (the "Construction Financing").
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Facility Financing means any long-term indebtedness incurred by OJT to finance the construction or acquisition of the Facility, including the planning, construction, acquisition and installation of any modifications, additions or improvements to the Facility or Ancillary Hardware required to meet the requirements of this Agreement, any portion of the Ancillary Hardware and certain of the start-up expenses, and any renewals or refinancings thereof, including any construction financings assumed by OJT in connection with the acquisition of the Facility (the "Construction Financing")."
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Facility Financing means the obligations of Seller to any equity investor or lender pursuant to the Financing Documents, including without limitation, return on equity, principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs and any claims or interest due with respect to any of the foregoing.
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Facility Financing means the obligations of Seller to any lender and/or equity investor pursuant to the Financing Documents, including principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs, any claims or interest due with respect to any of the foregoing and any amount of cash and tax attributes allocated to Facility Investor.
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Related to Facility Financing

  • Equity Financing means the next sale (or series of related sales) by the Company of its Equity Securities to one or more third parties following the date of this instrument from which the Company receives gross proceeds of not less than $1,000,000 cash or cash equivalent (excluding the conversion of any instruments convertible into or exercisable or exchangeable for Capital Stock, such as SAFEs or convertible promissory notes) with the principal purpose of raising capital.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • New Credit Facility is defined in Section 9.8.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Refinancing Commitments shall have the meaning provided in Section 2.15(b)(i).

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

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

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

  • 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.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.