Facility Term definition

Facility Term means the period beginning on the Effective Date and ending on the Facility Expiration Date.

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Facility Term means the period agreed for full Repayment of the Facility, being the earlier of full repayment of the Facility or thirty (30) calendar days from the date when the outstanding Facility was first granted. The Facility Term shall not be affected by any subsequent or further Request made within the Overdraw Limit until the Facility is paid back in full.

Facility Term has the meaning specified in Clause 2.6(a) of the Issuer Facility Agreement.

Examples of Facility Term in a sentence

The agreements in this Article VI shall survive any assignment of rights by, or the replacement of, a Buyer, the expiration of the Facility Term and the repayment, satisfaction or discharge of all obligations under this Framework Agreement and the other Transaction Agreements.
You will be notified of each instance of renewal or extension of the Facility Term.
The Performance Assurance in the Performance Assurance Amount shall be posted to SCE at all times during the Facility Term and thereafter until such time as Seller has satisfied all monetary obligations which survive any termination of this Power Purchase Agreement, not to exceed one year following the end of the Facility Term.
B = Generation-weighted average of the time-differentiated Energy Price (i.e., generation-weighted average of “D” x “E” below) based on Metered Amounts for all Settlement Intervals in the Facility Term Year in $/kWh (i.e., ($/MWh)/1000).
The Lost Output amount that shall be used in the Seller’s Annual Shortfall Payment calculation, set forth in Exhibit F, shall be the amount calculated after the twelfth (12th) month of the Facility Term Year using the Generating Facility Power Curve derived for each Facility Term Year for which the Lost Output is being calculated.

More Definitions of Facility Term

Facility Term means the period commencing on the Closing Date and ending on the Facility Termination Date.

Facility Term has the meaning given to that term in Section 5.1(a).

Facility Term means where there is no Event of Default (as outlined in this Agreement) within a period of thirty (30) days from the first date of utilization of the Facility.

Facility Term means the period agreed for full Repayment of the Facility from the date when the outstanding Facility was first advanced.

Facility Term. X years from the Commencement Date.

Facility Term means the period commencing on the Effective Date and ending on March 31, 2014, or until this Agreement is terminated early in accordance with Section 6.2.

Facility Term means the date that is thirty-six (36) months from the Commencement Date.