Facility Unit definition

Facility Unit means a module within a facility;
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Facility Unit means a facility within the unit. For example, for Active Living this includes the Fitness Centre, Gymnastics Centre, Racquet Centre, and Aquatics Centre.
Sample 1

Examples of Facility Unit in a sentence

  • The Facility Unit Metering Installation has been procured, installed, tested and successfully commissioned in accordance with the PPA.

  • We have obtained all of the Consents required for the Operation and Maintenance of the Facility Unit, all of which remain in full force and effect, and we know of no reason why any such Consent may be withdrawn or terminated.

  • Underlying Manager will maintain, in the form and for the period required by Rule 31a-2 under the 1940 Act, all records relating to the Portfolio Segment’s investments that are required to be maintained by the Fund pursuant to the requirements of paragraphs (b)(5), (b)(6), (b)(7), (b)(9), (b)(10) and (f) of Rule 31a-1 under the 1940 Act.

  • The Seller shall not, by virtue of its ownership rights, have any rights to prevent the disclosure and use of the Facility Unit Data by the Buyer.

  • The Commercial Capacity of the Facility Unit [●], as measured at the Delivery Point, is [●] MW.

  • We hereby give notice that the Facility Unit has been successfully connected to the System as required in terms of the Connection Agreement and the Early Operation Date shall be [insert date] and the Commercial Operation Date shall be [insert date].

  • Such data and records ("Facility Unit Data") shall include an accurate and up-to-date log of Operations, updated daily, in a format reasonably acceptable to the Buyer.

  • Without limiting the generality of the foregoing, where the dispute is in respect of the billing data obtained by the Seller from the Facility Unit Metering Installation, the Buyer shall be entitled at its own cost to request a test of the Facility Unit Metering Installation in accordance with clause 12.6 (Testing and inspection).

  • This notice ("Notice") is the Notice of Commencement of Facility Unit referred to in the PPA.

  • All agreements required for the Construction, Operation and Maintenance of the Facility Unit and the performance by the Seller of its obligations under the PPA, including the Connection Agreement, have been entered into, are in full force and effect and remain valid and binding.

Related to Facility Unit

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

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

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

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

  • 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 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;

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

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

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Tranche A Lenders means the Lenders who hold Tranche A Loans or who have Tranche A Commitments.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d).

  • Participation Facility means any facility in which the applicable party (or a Subsidiary of it) participates in the management (including all property held as trustee or in any other fiduciary capacity) and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. 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 Aggregate Capital at such time.

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

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Facility Production Limit means the production limit placed on the main product(s) or raw materials used by the Facility that represents the design capacity of the Facility and assists in the definition of the operations approved by the Director.