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 sum of the Maximum Credit plus the U.S. Dollar equivalent of the Facility Limit.
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Examples of Global Facility in a sentence

  • The Global Facility contains a financial covenant which obligates the Company to maintain a debt to capital ratio of no greater than 65% and other customary investment grade covenants.

  • If we do not comply with these covenants, our ability to use the Global Facility may be suspended and repayment of any outstanding balances under the Global Facility may be required.

  • Borrowings under the Global Facility bear interest based upon the London Interbank Offered Rate, Canadian Dealer Offered Rate for credit extensions denominated in Canadian Dollars, a prime rate, or alternative overnight rates as applicable, plus agreed margins.

  • Global Facility The Group’s corporate debt facility (the Global Facility) is a multi-currency facility that matures on 31 December 2022.

  • The Global Facility delineates between those Infigen group entities that comprise the Global Facility borrower group (Borrower Group) and those Infigen group entities that are not within the Borrower Group.

  • Under the EPNR engagements, CRP contributed US$350,000 to undertake EPNR diagnostic in Accra.Resilient TransportThe Resilient Transport program is a collaborative program among the Disaster Risk Management and Transport Practices of the World Bank Group, with support from the Global Facility for Disaster Reduction and Recovery (GFDRR).

  • The names of major plans and policies, and their web links, are listed in Section 5.3 and should be consulted in order to evaluate projects against City principles that have been adopted.

  • The Global Facility is a syndicated facility among a group of Australian and international lenders.

  • An estimated EUR 12.5 million contribution for the Caribbean region is available from the World Bank Global Facility for Disaster Reduction and Recovery (GFDRR) for the period 2011-2017.

  • Prepared for the World Bank, supported by the Global Facility for Disaster Reduction and Recovery (GFDRR).


More Definitions of Global Facility

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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Related to Global Facility

  • Principal Facility means the real property, fixtures, machinery and equipment relating to any facility owned by the Issuer or any Subsidiary, except for any facility that, in the opinion of the Board of Directors, is not of material importance to the business conducted by the Issuer and its Subsidiaries, taken as a whole.

  • Local Facility means any of them.

  • Total Facility has the meaning specified in Section 1.1.

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Local Facilities means working capital facilities provided to a Grantor (other than Beverage Packaging Holdings (Luxembourg) I S.A., Beverage Packaging Holdings (Luxembourg) II S.A. Beverage Packaging Holdings (Luxembourg) III S.à.x.x. and the Borrowers) by a Local Facility Provider and “Local Facility” means any of them.

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

  • State facility means a center or a hospital operated by the department.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

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

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

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

  • 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.

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

  • Critical facility means a facility for which even a slight chance of flooding might be too great. Critical facilities include, but are not limited to, schools, nursing homes, hospitals, police, fire and emergency response installations, and installations which produce, use or store hazardous materials or hazardous waste.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • New Credit Facility is defined in Section 9.8.

  • 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

  • Local Facility Provider means HSBC Trinkaus & Xxxxxxxxx XX, Deutsche Bank AG, Commerzbank Aktiengesellschaft and Hong Kong and Shanghai Banking Corporation Ltd., Thailand, Bank of America, N.A., Canada Branch, FIA Card Services, N.A., Citibank N.A., Citibank (China) Co., Ltd., Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex, Bank of America, N.A., provided in each case it has become a party to, or by execution of an additional bank secured party acknowledgment has agreed to be bound by the terms of, the First Lien Intercreditor Agreement in its capacity as local facility provider.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank's Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

  • 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 $500,000,000. 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.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

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