ING Facility definition

ING Facility means the EUR 100,000,000 Senior Facility Agreement entered into between: (1) Zenium Germany GmbH (as Borrower); (2) ING Bank (as Bookrunning Mandated Lead Arranger); (3) HSH Nordbank AG, NIBC Bank Deutschland AG and Banco Santander S.A. (as Mandated Lead Arrangers); (4) ING Bank N.V. (as Sole Coordinator and Hedging Coordinator) and (5) HSH Nordbank AG (as Agent and Security Agent) dated 24 August 2017;
Sample 1Sample 2
ING Facility means the Credit Agreement dated April 30, 1996 among MERC and ING (U.S.) Capital Corporation, Landesbank Hessen-Thuringen Girozentrale and Meespierson N.V., New York Agency, as amended.
Sample 1
ING Facility shall have the meaning given in Section 5.24(a).
Sample 1

Examples of ING Facility in a sentence

  • Key terms of ING Facility 3Under this facility, the bank requires:• First ranking mortgage over 183 Varsity Parade, Varsity Lakes, 45 Alexandra Place, Murarrie and 48 Bell-Are Avenue, Northgate;• An LVR not exceeding 55% to be maintained at all times.

  • The bank also has a right to invoke an event of default in the situation that Unitholders exercise their right to change the responsible entity.The Trust continues to meet its obligations under the facility agreement.Key terms of ING Facility 1 & ING Facility 2Under these facilities, the bank requires:• First ranking mortgage over the property known as ‘The Rocket’, of which the Trust owns 50%.

  • Key terms of ING Facility 1 & ING Facility 2Under these facilities, the bank requires:• First ranking mortgage over the property known as ‘The Rocket’, of which the Group owns 50%.

  • Key terms of ING Facility 4Under this facility, the bank requires:• First ranking mortgage over 201 Leichhardt Street, Spring Hill;• An LVR not exceeding 55% to be maintained at all times.

  • Key terms of ING Facility 5Under this facility, the bank requires:• First ranking mortgage over 9 Hercules St, Hamilton and 1-17 Compton Rd, Underwood;• An LVR not exceeding 55% to be maintained at all times.

  • As explained in material disclosure dated 17 March 2016, Tüpraş signed a long term loan facility agreement with a group of lenders, consisting of HSBC (Coordinator), ING (Facility Agent), The Bank of Tokyo-Mitsubishi UFJ, Ltd., Citibank N.A, Intesa Sanpaolo and JPMorgan Chase Bank, N.A. London Branch, to meet our working capital requirements for forthcoming period and extent the weighted-average of debt maturities.

  • The ING Facility will be entered into prior to the Completion Date of the Demerger.

  • In connection with the ING Facility, $6.0 million will be incurred in loan expenses.

  • In addition, Petrojarl is required to pay an unused commitment fee to the lenders equal to 40% of the applicable margin in effect at such time, multiplied by the aggregate unused commitments.The amount available to Petrojarl for draw-down under the ING Facility will be subject to quarterly reductions in the amount of $11.25 million starting from the earlier of three months after the initial drawdown date of the facility or September 30, 2006.

  • To finance this repayment, Petrojarl has obtained a commitment in the form of a mandate letter and term sheet for the ING Facility.


More Definitions of ING Facility

ING Facility shall have the meaning set forth in Section 7.9(a).
Sample 1
ING Facility means the credit facility pursuant to the Fourth Amended and Restated Credit Agreement dated as of September 15, 1997, by and among the Company, ING (U.S.) Capital Corporation and the various lenders named therein, as amended, modified or supplemented from time to time in accordance with the terms thereof, together with any exhibits, schedules or attachments thereto.
Sample 1

Related to ING Facility

  • 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;

  • Tanning facility means a place that provides access to tanning devices for compensation.

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

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Holding facility means a designated area for the retention of

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Recycling Facility means equipment used by a trade or business solely for recycling:

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

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Clean coal SNG facility means a facility that uses a

  • Cannabis processing facility means a person that:

  • Nursing facility means an institution as defined in Iowa Code chapter 135C. This definition does not include acute care settings.

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

  • Composting facility means a site, location, tract of land, installation, or building used for composting of solid waste in accordance with Chapter 3734. of the Revised Code and rules adopted thereunder. The composting facility includes the area of materials placement and any leachate management system structures.

  • Outsourcing facility means a facility that is engaged in the compounding of sterile drugs and is currently registered as an outsourcing facility with the U.S. Secretary of Health and Human Services and that complies with all applicable requirements of federal and state law, including the Federal Food, Drug, and Cosmetic Act.

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

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Receiving facility means a structure that is designed to receive septage waste for treatment at a wastewater treatment plant or at a research, development, and demonstration project authorized under section 11511b to which the structure is directly connected, and that is available for that purpose as provided for in an ordinance of the local unit of government where the structure is located or in an operating plan. Receiving facility does not include either of the following:

  • Parking Facility means a parking area or structure having

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

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

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.