Liberty Facility definition

Liberty Facility means the US$40,000,000 secured operating loan facility that the Corporation drew down on November 20, 2015 pursuant to the Second Lien Credit Agreement among the Corporation and Liberty Metals & Mining Holdings, LLC, among others, dated as of November 2, 2015, as amended by the Liberty Modification Agreements;
Sample 1Sample 2Sample 3
Liberty Facility shall have the meaning set forth in Section 6.01.
Sample 1Sample 2Sample 3
Liberty Facility means the US$40,000,000 secured operating loan facility that the Corporation drew down on November 20, 2015, governed by the Second Amended and Restated Second Lien Credit Agreement among the Corporation and Liberty Metals & Mining Holdings, LLC, among others, dated as of February 12, 2018, as amended by the Liberty Modification Agreements and subsequent consents and waivers;
Sample 1Sample 2

Examples of Liberty Facility in a sentence

  • There exist no options, warrants, purchase rights, or other contracts or commitments that could require the Corporation to sell, transfer or otherwise dispose of any shares of any Material Entity except as contemplated in the Amended and Restated Sprott Facility and the Liberty Facility.

  • Liberty Facility On November 20, 2015, the Company also drew down $40 million from Liberty loan facility pursuant to the LMM Credit Agreement entered into on November 2, 2015 with its largest shareholder LMM.

  • The terms of the Liberty Facility require Liberty Utilities to pay a standby charge calculated as one quarter of the current stamping fee on the unused portion of the Liberty Facility and maintain certain financial covenants.

  • Short term loans payable $ 6,667 Long term loans payable 70,095 Carrying value - Loans Payable $ 76,762 Note that principal payable in the next twelve months on the Sprott Facility in the amount of $6,667 has been classified as a current loan payable.Both loans are carried at amortized cost with the Sprott Facility having an effective interest rate of 17% while the Liberty Facility has an effective interest rate of 23%.

  • Liberty Utilities actively manages both the cash availability in its regions and funds available under the Liberty Facility to ensure its operations are adequately funded and minimize the risk of this possibility.

  • The Liberty Facility can be increased to accommodate future working capital needs or other requirements.

  • The Investor acknowledges that the Company is required to complete certain additional financings pursuant to the terms of the Liberty Facility.

  • Liberty Utilities On January 19, 2012, Liberty Utilities concluded negotiations with its bank syndicate on entering into the Liberty Facility, a senior unsecured revolving credit facility.

  • Notwithstanding the foregoing, Sections 2.1, 2.2, 2.3, 2.4 and 3.1 shall not become effective until the Borrower has delivered to the Agent on or before April 13, 2017 a fully executed amendment or modification to the Liberty Credit Agreement which shall include amendments to the terms of the Liberty Facility substantially the same as those contained Sections 2.1, 2.2 and 3.1 hereof.

  • Borrower will comply with each of the terms and conditions of the Textron Facility, the Liberty Facility and the Wxxxx Fargo Capital Finance Facility and will promptly deliver to Lender, upon receipt by Borrower, copies of any notices received by Borrower in connection with any of the foregoing credit facilities.


More Definitions of Liberty Facility

Liberty Facility means a secured, subordinated second lien credit facility in the principal amount of USD $40,000,000 made available pursuant to the Liberty Credit Agreement;
Sample 1Sample 2
Liberty Facility means the US$40,000,000 secured operating loan facility that the Company drew down on November 20, 2015, governed by the Second Amended and Restated Second Lien Credit Agreement among the Company and Liberty Metals & Mining Holdings, LLC, among others, dated as of February 12, 2018, as amended by the Liberty Modification Agreement and subsequent consents and waivers, and includes the PPA Termination Agreement;
Sample 1Sample 2
Liberty Facility means the US$40,000,000 secured operating loan facility that the Corporation drew down on November 20, 2015 pursuant to the Second Lien Credit Agreement
Sample 1
Liberty Facility means the US$40,000,000 secured operating loan facility that the Corporation drew down on November 20, 2015 pursuant to the Second Lien Credit Agreement among the Corporation and Liberty Metals & Mining Holdings, LLC, among others, dated November 2, 2015, as amended by the Liberty Modification Agreement;
Sample 1
Liberty Facility means a secured credit facility in the initial principal amount of USD $40,000,000 made available pursuant to the Liberty Credit Agreement;
Sample 1
Liberty Facility means that certain Loan and Security Agreement dated as of September 28, 2007 between Liberty Bank and Borrower and all other documents and other instruments executed in connection therewith, as all of the same may have been and may hereafter be amended, supplemented and modified from time to time.
Sample 1

Related to Liberty Facility

  • City Facility means any building, structure, property, park, open space, or vehicle, owned or leased by the City, its agents, agencies, or departments.

  • Utility facility means any pipe, pipeline, duct, wire line, conduit, pole, tower, equipment or other structure used for one of the following:

  • City Facilities means City or publicly-owned structures or equipment located within the right of way or public easement used for governmental purposes.

  • Liquidity Facilities means, collectively, the Class A Liquidity Facility and the Class B Liquidity Facility.

  • Energy facility means an energy plant or transmission

  • Utility Facilities means the plant, equipment and property, including but not limited to the poles, pipes, mains, conduits, ducts, cable, wires, plant and equipment located under, on, or above the surface of the ground within the public right-of-way of the city and used or to be used for the purpose of providing utility or telecommunications services. (Ord. 99-1003 §1 (part), 1999)

  • Liquidity Facility “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Community facility means community room, clubhouse, recreation center or similar area for use by residents. Lobbies and laundry facilities must not be considered within the scope of this definition.

  • Replacement Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Authority facilities means the authority's railroad, omni-

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Community facilities means a specific work, or improvement within this state or a specific item of equipment or tangible personal property owned or operated by any political subdivision or nonprofit corporation and used within this state to provide any essential service to the general public;

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Class B Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Majority Facility Lenders with respect to any Facility, the holders of more than 50% of the aggregate unpaid principal amount of the Term Loans or the Total Revolving Extensions of Credit, as the case may be, outstanding under such Facility (or, in the case of the Revolving Facility, prior to any termination of the Revolving Commitments, the holders of more than 50% of the Total Revolving Commitments).

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Class A Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Air navigation facility means any facility, other than one owned and operated by the United States, used in, available for use in, or designed for use in aid of air navigation, including any structures, mechanisms, lights, beacons, markers, communicating systems, or other instrumentalities or devices used or useful as an aid, or constituting an advantage or convenience to the safe taking off, navigation, and landing of aircraft, or the safe and efficient operation or maintenance of an airport, and any combination of any or all of such facilities.

  • Resource recovery facility means a solid waste facility

  • On-site generation facility means a generation facility,

  • Material Recovery Facility means a facility, not subject to permitting requirements under Regulation 22, which is engaged in the storage, processing, and resale of recovered materials and receives source-separated recyclable materials.

  • Common Facility Means a place where tenants utilise the same equipment such as kitchen, laundry meeting room and or car park.

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

  • Materials recovery facility means a solid waste management facility that provides for the extraction from solid waste of recyclable materials, materials suitable for use as a fuel or soil amendment, or any combination of such materials.

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