Facility Loan definition

Facility Loan. A loan made by a Facility Lender.

Facility Loan means a US Facility Loan or a Multicurrency Facility Loan.

Facility Loan means the financing by the Company, as borrower, for any costs of the development and construction of the Casino Facilities.

Examples of Facility Loan in a sentence

• In such event, the applicable Lenders on behalf of whom the Administrative Agent made the Revolving Facility Loan shall reimburse the Administrative Agent for all or any portion of such Revolving Facility Loan made on its behalf upon written notice given to each applicable Lender not later than 2:00 p.m., Local Time, on the Business Day such reimbursement is requested.

• The entire amount of interest attributable to such Revolving Facility Loan for the period from and including the date on which such Revolving Facility Loan was made on such Lender’s behalf to but excluding the date the Administrative Agent is reimbursed in respect of such Revolving Facility Loan by such Lender shall be paid to the Administrative Agent for its own account.

• On the U.S. Revolver Commitment Termination Date, the U.S. Facility Loan Parties shall make Full Payment of all U.S. Facility Obligations.

• The Term Commitment of each Term Lender with respect to any Additional Facility Loan, any Refinancing Term Loan or any Term Loan Extension Series shall be automatically and permanently reduced to zero upon the funding (in full, if provided for in the applicable Additional Facility Joinder Agreement, Refinancing Amendment or Extension Amendment) of Term Loans to be made by it on the date set forth in the corresponding Additional Facility Joinder Agreement, Refinancing Amendment or Extension Amendment.

• The entire amount of interest attributable to such Revolving Facility Loan for the period from and including the date on which such Revolving Facility Loan was made on such Xxxxxx’s behalf to but excluding the date the Administrative Agent is reimbursed in respect of such Revolving Facility Loan by such Xxxxxx shall be paid to the Administrative Agent for its own account.

More Definitions of Facility Loan

Facility Loan means a loan extended by the Borrower to a Facility Borrower under Results Area 2.A; “Facility Loans” means collectively all such loans.

Facility Loan means, relative to any Lender, any Loan made by such Lender to the Borrower pursuant to Section 2.1.1.

Facility Loan means each Class A Loan or Class B Loan hereunder.

Facility Loan means the loan arranged by Developer for the Tribe, as borrower, in an aggregate principal amount not to exceed one hundred fifty million dollars ($150,000,000) for Initial Costs of Operation and for Costs of Construction, which Facility Loan shall be further evidenced by the Facility Note and other loan documentation as further defined herein.

Facility Loan means the financing by the Company, as borrower, for any costs of the development and construction of the Gaming Facility.

Facility Loan has the meaning specified in Section 2.1(b) of the Loan -------------- Agreement.

Facility Loan means, collectively, the loans, notes, bonds, equipment leases and/or other debt obligations arranged by Developer for the Authority, as borrower (excluding the loans, advances or other indebtedness evidenced by the Interim Promissory Note, the Operating Note or the Land Acquisition Note), in an aggregate principal amount not to exceed six hundred seventy five million dollars ($675,000,000) for financing Initial Costs of Operation and Costs of Construction (including without limitation the Furnishings and Equipment), which Facility Loan shall be further evidenced by the Facility Note and other loan documentation as further defined herein. 11. Section 1.25 of the October 13, 2003 Amended Memorandum Agreement is amended to read as follows: