Long term facility definition

Long term facility means a residential facility

Long term facility means a residential facility operated by a behavioral health entity or assisted living residence with the intent to support, stabilize, and promote long-lasting recovery by providing the appropriate level of care to patients with mental health disorders.

Long term facility means the approximately $15.1 million ten-year term mortgage loan facility entered into by the Company in connection with the Refinancing and the consummation of the Consolidation Transactions.

Examples of Long term facility in a sentence

• Paragraph 1 of Part I of the Agreement shall be deleted in its entirety and the following shall be substituted in lieu thereof: This Omnibus Credit Agreement is intended to represent the rights, obligations and duties of the respective parties and to provide various credit facilities including Tranche A (A Line of Credit Facility), Tranche B (A Term Note Credit Facility), Tranche C (A Multiple Long Term Facility), and Tranche D (A Fixed Rate Term Note Credit Facility).

• The Borrower shall use the Long Term Facility Portion 1 for the payment of expenses related to the Project and shall use the Long Term Facility Portion 2 for the payment of expenses related to the Project and as illustrated in the Capital Expenditure Plan.

• For the avoidance of doubt, the cancellation fee shall not apply to the cancelled or unutilized portion of the Long Term Facility Portion 1 or the Long Term Facility Portion 2 (as the case may be) due to the consequence of the events set forth in Clause 9 (Change in Circumstances).

• The terms and conditions of Clause 3.1 (General Conditions Precedent) and 3.2 (Conditions Precedent for the Utilization of Long Term Facility, Packing Credit Facility and Working Capital Facility) of the Credit Facilities Agreement shall be applied as applicable to the utilization of the New Long Term Facility.

• The Borrower shall repay the Loan under the Long Term Facility Portion 2 to each Long Term Creditor on the last Banking Day of March, June, September and December (for the total 16 installments) in accordance with Repayment Schedule commencing from the last Banking Day of March 2006 onwards.

More Definitions of Long term facility

Long term facility means the Long Term Facility provided by the Creditors to the Borrower under this Agreement;

Long term facility as appeared in Clause 1.1 of the Third Credit Facilities Agreement shall be repealed and replaced to read as follows:

Long term facility means the facility in Baht provided by the Creditors to the Borrower for the purpose as specified in Clause 2.2.

Long term facility means the Credit Agreement, dated as of July 14, 2000 among the Borrower, Citicorp USA, Inc., as Administrative Agent and the lenders party thereto, as amended by that certain First Amendment Dated November 21, 2000 to Credit Agreement (Long Term Facility) and that certain Second Amendment Dated May 17, 2001 to Credit Agreement (Long Term Facility), as further amended or extended from time to time, and any successor credit facilities thereto.

Long term facility means the long term facility made available pursuant to this Agreement as describe in Clause 2.1(a) of this Agreement. Long Term Facility Commitment The aggregate amount of the Commitments with respect to the Long Term Facility as set forth in Schedule 1 (Senior Lenders and their Commitments). Longstop Date As defined in Clause 5.1(b) (Availability Period) of this Agreement. LTSA Contract The contract dated 27.6.2010 between the Borrower and the LTSA Contractor for the long term maintenance of the Project, and any amendment thereto. LTSA Contractor Mitsubishi Heavy Industries, Ltd. LTSA Parent Company Guarantee The corporate guarantee to be provided by Mitsubishi Heavy Industries, Ltd. in the form attached as appendix 15 of the LTSA Contract. Maintenance Reserve Account As defined in the Accounts Agreement. Manager Shall mean each of the managers listed in Schedule 23 (List of Managers) with respect to each Institutional Lender specified therein. Majority Lenders Shall mean:

Long term facility means the facility referred to as such in Clause 2 (The Senior Facilities) of this Agreement.

Long term facility the Baht loan facility provided by the Long Term Creditors to the Borrower under the terms and conditions of this Agreement for the aggregate amount of not exceeding Baht 590,000,000 (Five Hundred Ninety Million Baht)."