Facility NTP1 definition

Facility NTP1 means the notice to proceed with preparation of a Facility Implementation Plan for a Facility, to be issued by TxDOT, as more particularly described in Section 7.1.1 of the Agreement.
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Examples of Facility NTP1 in a sentence

  • If and when they reach agreement, TxDOT will thereafter issue a Facility NTP1.

  • Developer shall prepare and submit a proposed Facility Implementation Plan no later than 120 days after issuance of Facility NTP1.

  • From and after the date on which TxDOT issues Facility NTP1 to Developer, Developer shall work diligently to prepare a Facility Implementation Plan for the Facility.

  • If Developer concurs in writing, TxDOT will issue a Facility NTP1.

  • At the time for issuance of each Facility NTP1 or Facility NTP2, the amount of the security provided hereunder shall be adjusted to reflect any adjustments to the limitation of liability and any additional security required pursuant to the agreed Facility Implementation Plan.

Related to Facility NTP1

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

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

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

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • 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.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

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

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

  • Facility or Facilities means any tangible asset in the right-of-way required to provide utility service.

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

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

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

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

  • Facility B Commitment means a Facility B1 Commitment or a Facility B2 Commitment.

  • New Credit Facility is defined in Section 9.8.

  • Holding facility means a designated area for the retention of

  • Electric Facility means a Generator or an electric transmission facility.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Maximum Facility Output means the maximum (not nominal) net electrical power output in megawatts, specified in the Interconnection Service Agreement, after supply of any parasitic or host facility loads, that a Generation Interconnection Customer’s Customer Facility is expected to produce, provided that the specified Maximum Facility Output shall not exceed the output of the proposed Customer Facility that Transmission Provider utilized in the System Impact Study.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.