FF&E Facility definition

FF&E Facility means the credit facilities, equipment leases or similar agreements with the FF&E Lenders in an aggregate principal amount of approximately $98,000,000 (plus accrued and unpaid interest thereon) to finance the purchase and installment of the Specified FF&E.

FF&E Facility means the loan credit facility made available to Xxxx Las Vegas by the FF&E Lenders pursuant to the FF&E Facility Agreement.

FF&E Facility the credit facilities, equipment leases or similar agreements to finance the purchase and installment of the Specified FF&E pursuant to the FF&E Facility Agreement.

Examples of FF&E Facility in a sentence

• All Loss Proceeds (other than those in respect of the Aircraft Collateral which shall be governed by the FF&E Facility Agreement) shall be paid by the insurers, reinsurers, Governmental Authorities or other payors directly to the Disbursement Agent for deposit in the Company's Funds Account.

• The occurrence of an "Event of Default" under and as defined (a) in the Bank Credit Agreement, (b) in the FF&E Facility Agreement or (c) in the Second Mortgage Notes Indenture.

• The Company acknowledges that failure of any notice referenced in this Section 2.7 to be delivered to the Disbursement Agent shall not in any way exonerate or diminish the Company's obligation to make all payments under each of the Bank Credit Agreement, the Second Mortgage Notes and the FF&E Facility as and when due.

• To the extent any property (including Specified FF&E) is financed by any lender pursuant to an FF&E Facility, the Trustee shall release the Liens in favor of the Beneficiary on such Specified FF&E and in connection therewith at the Trustor’s expense, execute and deliver to the Trustor such documents (including, without limitation UCC-3 termination statements) as the Trustor may reasonably request to evidence such termination.

• Without limiting the generality of the foregoing, the waivers of the guarantors under Section 2.5 of the Bank Guarantee and Collateral Agreement and the "FF&E Guaranty" (as defined in the FF&E Facility Agreement) are hereby incorporated herein by this reference mutatis mutandis and such waivers shall be deemed to be made by Xxxx Las Vegas Capital Corp.

More Definitions of FF&E Facility

FF&E Facility means the GE Facility, the Old FF&E Note, and any credit facility, vendor financing, mortgage financing, purchase money obligation, capital lease or similar arrangement incurred to finance or refinance construction, purchase or lease of furniture, fixtures (including Specified FF&E) or other real or personal property acquired after the Closing Date pursuant to subsections 7.1(vii), (xi) or (xviii).

FF&E Facility means the Loan Agreement, dated as of the date of this Indenture, by and among Xxxx Las Vegas, Xxxxx Fargo Bank, National Association, a national banking association, as collateral agent, and the lenders party thereto, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case (1) as amended, supplemented or otherwise modified from time to time, or (2) as renewed, refunded, replaced or refinanced from time to time in accordance with this Indenture.

FF&E Facility means any agreement relating to indebtedness the proceeds of which are used for the purchase and/or lease of FF&E Assets or are otherwise secured by FF&E Assets.

FF&E Facility has the meaning given in the recitals hereto.

FF&E Facility means that certain Term Loan and Security Agreement, dated ------------- as of December 22, 1997, among the Maker and VCR, as borrowers, the lenders named therein, BancBoston Leasing Inc., as Co-Agent, and General Electric Capital Corporation, as Administrative Agent, as amended from time to time in accordance with its terms, together with all related documents (including, without limitation, the Limited Waiver and First Amendment to Term Loan and Security Agreement, dated as of November 12, 1999).

FF&E Facility shall have the definition given to such term in the Bank Credit Facility.

FF&E Facility means that certain Loan Agreement, dated as of October 30, 2002, by and among Wynn Las Vegas, LLC, Wells Fargo Bank