IFC Facility definition

IFC Facility has the meaning given to it in paragraph (A) of clause 3.4 (IFC as Additional Lender) of this Agreement.
IFC Facility means the facility through which the IFC shall provide its IFC Commitment and which will apply from the Effective Date to all Loans transferred to the IFC hereunder.
IFC Facility means the facility described in Clause 11.1(A)(ii) and provided by the IFC in accordance with the terms of the IFC Facility Agreement and this Agreement.

Examples of IFC Facility in a sentence

  • Before an absence may be charged against accumulated sick leave, the affected employee's Department Head, or Mayor in the case of a Department Head, may require proof of illness, injury, or death in the family as may be satisfactory to him, or may require the employee to be examined by a physician designated by and paid for by the employer.

  • If the Unit Operator’s IFC Facility Agreement is or becomes inactive, Kosmos will continue to submit an AMR also covering the Jubilee project as part of the reporting covenants of its IFC Facility Agreements as long as there remain amounts outstanding under the IFC Facilities, provided, however, that Kosmos shall only be under a Reasonable Endeavors obligation, as defined in the Facility Agreement to obtain the information to complete the AMR.

  • The IFC Facility may not be utilised by way of the issue of Letters of Credit and under no circumstances will IFC be required to act or be appointed to act as an LC Issuing Bank.

  • With respect to the Jubilee Field and because Kosmos is not the Project’s Unit Operator, Kosmos may elect to coordinate with the Unit Operator, who has a similar obligation to IFC under their IFC Facility Agreement, and agree to submit a joint AMR for the Project.

  • Governments could choose to activate the contingent credit component of the IBRD APL to finance guarantees offered by the IFC Facility, or the SANAD Fund, which would leverage significant additional financing from banks, investors and development finance institutions.

  • The Borrower will make payments of all amounts due to IFC under the Finance Documents directly to the account number specified in Clause 10.1 (Accounts) of the IFC Facility Agreement, and IFC will make any payments to the Borrower, without requiring payment through the offices of the Facility Agent.

  • The provisions of Clause 10 (Prepayment and Cancellation) of the Facility Agreement shall apply in respect of any prepayment or cancellation of the IFC Facility provided that, if requested by IFC, the Borrower delivers to IFC, prior to the date of any such prepayment or cancellation, evidence in form and substance satisfactory to IFC that all necessary Authorisations with respect to the prepayment have been obtained.

  • A sum equal to at least the sum of all amounts drawn down under the IFC Facility shall be applied for purposes in respect of Ghana-related Assets under the Facility.

  • Montoya and the BPD Agents were unable to effectively communicate with each other as a result of the BPD Agents’ failure to provide a sign language interpreter.

  • XxXxxxxx Title: VP Portfolio Management Title: Treasurer SIGNATURES IFC (as Original Senior Lender under the Senior IFC Facility Agreement) INTERNATIONAL FINANCE CORPORATION By: Xxxxxxxx Xxxxx Name: Xxxxxxxx Xxxxx Title: Senior Manager SIGNATURES Original Junior Lenders STANDARD CHARTERED BANK By: Xxxxx Xxxxx By: Xxxxxxx Xxxxxx Name: Xxxxx Xxxxx Name: Xxxxxxx Xxxxxx Title: A.


More Definitions of IFC Facility

IFC Facility has the meaning given to it in paragraph (A) of clause 3.4 (IFC as Additional Lender).
IFC Facility means the facility described in Clause 3.1(A)(ii) and provided by the IFC in accordance with the terms of the IFC Facility Agreement and this Agreement." e. by adding the words "the IFC Facility Agreement, the Deed of Transfer and Amendment" immediately after the words "each Deed of Subordination," in the definition of "Finance Documents".
IFC Facility means the revolving loan facility to be made available by IFC to the Borrowers in an aggregate amount not exceeding US $15,000,000 in accordance with the terms of, and subject to the conditions of, this Agreement and the IFC Loan Agreement.
IFC Facility means the facility described in Clause 3.1(A)(ii) and provided by the IFC in accordance with the terms of the IFC Facility Agreement and this Agreement." e. by adding the words "the IFC Facility Agreement, the Deed of Transfer and Amendment" immediately after the words "each Deed of Subordination," in the definition of "Finance Documents".

Related to IFC Facility

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

  • LC Facility means the letter of credit facility established pursuant to Article III.

  • Public facility means 1 or more of the following:

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

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

  • Holding facility means a designated area for the retention of

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Facility means the entire operation located on the property where the Equipment is located;

  • Electric Facility means a Generator or an electric transmission facility.

  • Triage facility means a short-term facility or a portion

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • 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.

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

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Clean coal SNG facility means a facility that uses a

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

  • Debt Facility means any Senior Facility and any Second Priority Debt Facility.