Global Facility definition

Global Facility means the maximum amount of credit which the Bank agrees to provide and notifies to the Business and which includes the total of all Cardholder Credit Limits.
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Global Facility means the One Million Canadian Dollars ($1,000,000.00 CDN) principal amount of loan from Global (GMP) Holdings Inc. ("Global") to the Corporation pursuant to the terms of a loan Agreement between Global and the Corporation dated November 23, 2004, as amended;
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Global Facility means the revolving credit facility made available to each Global Borrower and referred to in Subclause 2.1 (Global Facility).
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Examples of Global Facility in a sentence

  • Enter into any merger, consolidation or amalgamation, or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution), or Dispose of all or substantially all of the property, business or assets of any Loan Party or any of their respective Subsidiaries, without the prior written consent of each Lender, except, with respect to any Guarantor, to the extent permitted under the Global Facility Agreement.

  • The Corporation will use all reasonable commercial efforts to negotiate an amendment to the Global Facility providing for an agreement by Global, subject to the right to convert all or any part of the Global Facility into Common Shares at a price of $2.00 per Common Share, not to demand repayment of the principal of the Global Facility, unless the Corporation is in default under the Global Facility, until November 23, 2005.

  • Amend its Governing Documents, in any manner that could reasonably be expected to be materially adverse to the interests of the Lenders and the Agents, without the prior written consent of the Required Lenders, which shall not be unreasonably withheld, except, with respect to any Guarantor, in connection with any transaction permitted under the Global Facility Agreement.

  • DRFI project has been supported by Global Facility for Disaster Reduction and Recovery (GFDRR) of the World Bank and UN International Strategy for Disaster Reduction.

  • This component will support costs associated with the day to day management of the GFDRR Track 2 Trust Fund under the Global Facility: (i) providing secretariat services to the Consultative Group, the Steering Committee, and the Technical Advisory Group; (ii) reviewing proposals for funding, (iii) support implementation of GFDRR Track 2 Trust Fund activities, and (iv) maintaining effective relationships with contributors, recipient governments, academic institutions and other stakeholders.

  • The Global Facility includes an option for the US Global Borrowers to utilise the Swingline Facility in an aggregate amount equal to the Total Swingline Commitments.

  • The ▇▇▇▇ Executive Director may approve an application for the Service only when such application is recognized to be extremely meaningful for education and research, and will not interfere with the usual operation of the Hokkaido University Creative Research Institution Global Facility Center (hereinafter referred to as “GFC”).

  • Each Global Guarantor must hold in trust for and immediately pay or transfer to the Global Facility Agent for the Finance Parties any payment or distribution or benefit of security received by it contrary to this Clause or in accordance with any directions given by the Global Facility Agent under this Clause.

  • Economic losses totaled $181 billion, more than double the annual average of $82 billion over the same period (Source: Global Facility for Disaster Reduction and Recovery, 2009).

  • The Company must pay to the Global Facility Agent for its own account an agency fee in the manner agreed in the Fee Letter between the Global Facility Agent and the Company.


More Definitions of Global Facility

Global Facility means the sum of the Maximum Credit plus the U.S. Dollar equivalent of the Facility Limit.
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Related to Global Facility

  • Regulation S Permanent Global Security with respect to any series of Securities, means one or more permanent Global Securities bearing the Private Placement Legend, that will be issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially sold or, if required by Rule 903 of Regulation S, of the Regulation S Temporary Global Security of such series upon expiration of the Distribution Compliance Period with respect to such series, as the case may be.

  • Global Bond means the registered global bond representing Original Bonds in the form or substantially in the form set out in Schedule 2 and/or as the context may require any global bond or note representing Further Bonds or any of them (and “Global Bonds” shall be construed accordingly);

  • Global Securities means a Security or Securities, as the case may be, in the form established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depository for such Series or its nominee, and registered in the name of such Depository or nominee.

  • Regulation S Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold outside the United States in reliance on Regulation S;

  • Regulation S Global Securities means one or more permanent global Securities in registered form representing the aggregate principal amount of Securities sold in reliance on Regulation S under the Securities Act.