Facility Upgrade definition

Facility Upgrade means, for a NAQ Facility, an increase in the nameplate capacity of the NAQ Facility, being the difference between:
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Facility Upgrade has the meaning set forth in Section 6.3.1.
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Facility Upgrade means those amendments to the Facility as described in Exhibit A under the heading “Facility Upgrade”.
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Examples of Facility Upgrade in a sentence

  • Facility Upgrade ConsiderationsCurrently security upgrades are being planned and prioritized.

  • Biosolids Facility Upgrade: The existing six digesters (oldest 53 years) are aging and in need of rehabilitation and/or replacement.

  • Landlord may commingle the Facility Upgrade Deposits with other assets of Landlord or its Affiliates, and Tenant shall not be entitled to any interest on such amounts.

  • A Proposal may include capacity that is an upgrade to an existing Offshore Wind Generation Facility (Upgrade Capacity) if the upgrade does not require a separate export cable from the existing facility, and the upgrade adheres to all other eligibility criteria outlined in Sections 2.1 and 2.2 and Proposal submission requirements listed in Section 6, with the exception of a Supply Chain Investment Plan.Proposals for Upgrade Capacity may submit a Supply Chain Investment Plan but are not required to do so.

  • The Facility Upgrade Deposits shall be the property of Landlord; provided, however, that in the event it is ever determined by a court of competent jurisdiction that the Facility Upgrade Deposits are the property of Tenant (or part of Tenant’s estate), then Tenant, as debtor, hereby grants to Landlord, as secured party, a security interest in, and an express contractual lien upon, all of Tenant’s right, title and interest in and to the Facility Upgrade Deposits and all products and proceeds thereof.

  • The current request does not include Council financial support.Golf Club Facility Upgrade – Lease MattersThe Golf Club is seeking some surety regarding a new lease beyond expiry of the current lease in 2022, in order to invest its own funds into an upgrade.The new lease template is due to come to Council next month.

  • Town Manager Jeff Mobus discussed that this is another Priority List Application, this is for the 20 Year Review of the Sewer Collection System and Compost Facility Upgrade.

  • Lessee will furnish and shall cause to be furnished to Lessor evidence satisfactory to Lessor that Lessee has fulfilled its obligation to make the Annual Facility Upgrade Expenditure within ninety (90) days after the end of Lessee's fiscal year, provided, however, that no such evidence shall be required to be submitted and no such expenditure shall be required to be made until the fourth Lease Year.

  • Name of Source: Medical Area Total Energy Plant - Combined Heat and Power Facility Upgrade ProjectLocation: Boston, Massachusetts Applicant’s Name and Address: MATEP Limited Partnership (MATEP LP) 474 Brookline AvenueBoston, MA 02215 Application Prepared By: Epsilon Associates, Inc.

  • Lessee will furnish and shall cause to be furnished to Lessor evidence satisfactory to Lessor that Lessee has fulfilled its obligation to make the Annual Facility Upgrade Expenditure within ninety (90) days after the end of Lessee's Fiscal year, provided, however, that no such evidence shall be required to be submitted until the fourth Lease Year with respect to that portion of the Leased Property comprised only of the Project.

Related to Facility Upgrade

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

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

  • 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.

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

  • 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.

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

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

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

  • 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;

  • Facility Limit means $100,000,000 as reduced or increased from time to time pursuant to Section 2.02(e) or 2.02(h), as applicable. 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.

  • Facility Usage means, at the time in question, the aggregate principal amount of outstanding Loans and existing LC Obligations at such time.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • 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.

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $150,000,000.

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

  • Facility Increase has the meaning provided in Section 2.15(a).

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

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

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

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

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.

  • Satellite facility means an outpatient facility at which the

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Required Facility Lenders means, with respect to any Facility on any date of determination, Lenders having more than 50% of the sum of (i) the outstanding Loans under such Facility and (ii) the aggregate unused Commitments under such Facility; provided that, to the same extent set forth in Section 10.07(h) with respect to determination of Required Lenders, the Loans of any Affiliated Lender shall in each case be excluded for purposes of making a determination of Required Facility Lenders.