Facility Size definition

Facility Size. With respect to any credit facility on any date of determination, the maximum aggregate principal amount of indebtedness for borrowed money that is or, in accordance with commitments to extend additional credit, may become outstanding under the term loan agreement, revolving loan agreement or other similar credit agreement that governs such credit facility; provided that, for this purpose, such aggregate principal amount shall include deposits and reimbursement obligations arising from drawings pursuant to letters of credit and other similar instruments.
Facility Size means, with respect to any Broadly Syndicated Loan Asset, the tranche currently held or contemplated for purchase by the Borrower; provided, that (i) to the extent, there are multiple pari passu tranches issued by an Obligor, such other tranches shall be included in the calculation of “Facility Size” if and to the extent that the related Loan Agreement provides that (x) such tranches are governed by the same material terms, and (y) each of such tranches are each widely distributed, and (ii) the calculation of “Facility Size” hereunder shall include any last out component (but not any second lien component) relating thereto.
Facility Size means an amount equal to the Program Size plus the Overcollateralization Amount. On the Initial Closing Date, the Facility Size shall be equal to the Program Size.

Examples of Facility Size in a sentence

  • Notwithstanding the foregoing, for a Facility with a Facility Size no greater than 1 MW, PSE may accept, in its sole discretion, paper attestations from Seller in a form acceptable to PSE that declare that the RECs transferred by Seller to PSE meet the requirements of this Section 12.4.

  • Performance Security Table (calculated using on Facility Size in Appendix A) Amount ($/kW) $[ ] FORM OF SELLER’S GUARANTY THIS GUARANTY, dated as of ________________, 202__, is issued by [●], a [●], (“Guarantor”) in favor of Puget Sound Energy, Inc., a Washington corporation (“Guaranteed Party”).

  • Seller hereby certifies that: The final Facility Size is [___] is [__] kW AC, limited to [__] kW AC at the Point of Interconnection.


More Definitions of Facility Size

Facility Size has the meaning assigned in Section 2 of Appendix A.
Facility Size means the Facility’s installed DC capacity.
Facility Size. Up to $200 million, subject to due diligence. The collection of Receivables will be used to repay the Program.
Facility Size means the Facility’s installed AC capacity.

Related to Facility Size

  • Cannabis cultivation facility means a person that:

  • Facility means the entire operation located on the property where the Equipment is located;

  • Facility Limit means $100,000,000 as reduced from time to time pursuant to Section 2.02(e). References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the sum of the Aggregate Capital plus the LC Participation Amount.

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

  • Transportation facility means any transit, railroad,

  • As-built drawings, as used in this clause, means drawings submitted by the Contractor or subcontractor at any tier to show the construction of a particular structure or work as actually completed under the contract. “As-built drawings” shall be synonymous with “Record

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.