GE Capital Facility definition

GE Capital Facility means, collectively, (a) that certain Loan and Security Agreement, dated as of September 29, 2006, by and among Borrower, Clarient Diagnostic Services, Inc., CLRT Acquisition, LLC, and GE Capital; and (b) (i) that certain Master Lease Agreement, dated as of June 23, 2004, by and between ChromaVision Oncology Services, Inc. (predecessor to Clarient Diagnostic Services, Inc., an affiliate of Borrower) and GE Capital, and (ii) that certain Master Security Agreement, dated as of July 15, 2003, by and between Borrower and GE Capital, and, in each case, all documents, instruments and agreements executed and delivered in connection therewith and all as amended through the termination thereof.
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GE Capital Facility means the Revolving Loan Agreement dated as of July 16, 1998 among Pilgrim America Prime Rate Trust, Pilgrim America Investments, Inc., Edison Asset Securitization, L.L.C. and General Electric Capital Corporation.
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GE Capital Facility means the Borrower's existing credit facility pursuant to the Credit Agreement dated August 28, 1998 among the Borrower, the lenders party thereto and General Electric Capital Corporation, as agent.
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Examples of GE Capital Facility in a sentence

  • In addition, to the extent not previously released, after Borrower has paid to Lender all amounts paid by or on behalf of Borrower to terminate the GE Capital Facility under Sections 2.7(b)(i) and 2.7(b)(v), (i) Lender’s rights in the A/R and Asset Security Interests shall automatically terminate, and (ii) Lender shall promptly and diligently take all actions reasonably necessary to release any remaining rights it has to the A/R and Asset Security Interests.

  • No definitive documentation in respect of the GE Capital Facility has been entered into as of the date of this Disclosure Statement.

  • The Banks hereby authorize the Administrative Agent to, and the Administrative Agent agrees that it will, release its lien on the Chicago Purchase Options upon receipt of the GE Capital Facility Confirmation.

  • Neither the Company nor any of its Subsidiaries is in default with respect to any note, indenture, loan agreement, mortgage, lease, deed or other agreement to which the Company or such Subsidiary is a party or by which it is bound (other than, prior to the execution and delivery of the GE Capital Facility Confirmation, the GE Capital Facility), which default could reasonably be expected to have a Material Adverse Effect.

  • The GE Capital Facility will be used to fund capital expenditures, working capital requirements and other general corporate purposes of Versatel following the consummation of the Plan.

  • The proceeds from the Note shall be used by Borrower to repay the GE Capital Facility and for general working capital and budgeted capital expenditures and budgeted business purposes as approved by Borrower’s Board of Directors from time to time.

  • Borrower shall notify Lender in writing not less than thirty (30) days prior to its seeking any credit arrangement intended to be subordinate to the GE Capital Facility and the Comerica Agreement and shall accord Lender the right of first offer with respect to such arrangements.

  • Notwithstanding the foregoing, after receipt by the Administrative Agent of the GE Capital Facility Confirmation, no Loan Party shall be required to grant to, or maintain in favor of, the Administrative Agent and the Banks a Lien on the Chicago Purchase Options.


More Definitions of GE Capital Facility

GE Capital Facility means the master credit facility among the Company, General Electric Capital Corporation and various other lenders.
Sample 1
GE Capital Facility has the meaning set forth in the introductory paragraph hereto.
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Related to GE Capital Facility

  • GE Capital Fee Letter means that certain letter, dated as of the Closing Date, between GE Capital and Borrower with respect to certain Fees to be paid from time to time by Borrower to GE Capital.

  • GE Capital means General Electric Capital Corporation, a Delaware corporation.

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • New Credit Facility is defined in Section 9.8.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Total Facility has the meaning specified in Section 1.1.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

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

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Exit Facility Agent means the agent under the Exit Facility.

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

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

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $50,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.