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.
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;
Global Facility means the $1,000,000 CDN loan from Global (GMP) Holdings Inc. (“Global”) to the Borrower pursuant to the terms of a loan Agreement between Global and the Borrower dated November 23, 2004, as amended;

Examples of Global Facility in a sentence

  • The local laws of the State of New York will be deemed to reflect the federal laws of the United States, unless there is applicable precedent under federal law or the application of New York law would frustrate the purposes of the Freddie Mac Act or the Global Facility Agreement.

  • The fact that many cluster-related meetings are chaired or co-chaired by government 23 In collaboration with the World Bank’s Global Facility for Disaster Risk Reduction.

  • 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.

  • The programme has 5 result areas, the SDCEP falls under Result 2 which focus on DRR Capacity Building of Regional Economic Communities coordinated by the World Bank/ Global Facility for Disaster Risk Reduction (WB/GFDRR).

  • The Global Facility for Disaster Reduction and Recovery (GFDRR) is a partnership of the International Strategy for Disaster Reduction (ISDR) system to support the implementation of the Hyogo Framework for Action (HFA).

  • 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.

  • The Global Facility for Disaster Reduction and Recovery (GFDRR) is a global partnership program administered by the World Bank Group.

  • Technical assistance directly to regional technical agencies would be financed in parallel by complementary grants from PPCR (up to US$12 million through the Inter-American Development Bank), the Global Facility for Disaster Reduction and Recovery (GFDRR), and other sources.

  • The Global Facility for Disaster Reduction and Recovery (GFDRR)’s support following 2011 floods, primarily a small training and awareness exercise, also recommended the need for urban flood risk assessment and an urban flood risk management program.

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


More Definitions of Global Facility

Global Facility means the revolving credit facility made available to each Global Borrower and referred to in Subclause 2.1 (Global Facility).
Global Facility means the sum of the Maximum Credit plus the U.S. Dollar equivalent of the Facility Limit.

Related to Global Facility

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

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

  • 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.

  • 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

  • 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.

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

  • 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.

  • Required Facility Lenders means, with respect to any Facilities on any date of determination, Lenders having or holding more than 50% of the sum of (a) the aggregate principal amount of outstanding Loans under such Facilities and (b) the aggregate unused Commitments under such Facilities; provided that the portion of outstanding Loans and the unused Commitments of such Facilities, as applicable, held or deemed held by a Defaulting Lender shall be excluded for purposes of making a determination of Required Facility Lenders.