PCS Facility definition

PCS Facility means the PCS Facility dated as of June 12, 2000, among Rite Aid, the banks party thereto and Xxxxxx Guaranty Trust Company of New York, as administrative agent.
PCS Facility means a total subordinated loan facility of [£INSERT AMOUNT] (pounds sterling [INSERT AMOUNT IN WORDS] million) being the aggregate of:
PCS Facility means a mail order facility owned or operated by Rite Aid's subsidiary PCS Health Systems, Inc. that fills prescriptions, but such prescriptions are not picked up by the End User at such mail order facility; provided that if Rite Aid Corporation owns, directly or indirectly, less than [ ] of such PCS Facility, McKesson shall not be required to provide services to such PCS Facility unless, if requested to by McKesson prior to the PCS Facility being added to this Amendment, Rite Aid Corporation guarantees payments for such PCS Facility. The initial list of PCS Facilities is set forth in Exhibit A.

Examples of PCS Facility in a sentence

  • No commitment or other fee shall be payable in respect of the PCS Facility.

  • Interest may be payable by the Franchisee to the Guarantor at a rate not exceeding [percentage stated in Financial Model8]% per annum (accruing on a daily basis, assuming a 365 day year) from time to time on the PCS Facility Loan, but any such interest shall be subject to clauses 13, 14 and 15.

  • The account managers will work closely with personnel from the PCS Facility and Rite Aid to coordinate inventory procurement activities, support customer reporting systems, assist in daily/weekly/month-end financial reconciliation activities, interface with the PCS Facility, Rite Aid and McKesson to resolve service issues, schedule and facilitate unique events.

  • Interest may be payable by the Franchisee to the Guarantor at a rate not exceeding [PERCENTAGE STATED IN FINANCIAL MODEL8]% per annum (accruing on a daily basis, assuming a 365 day year) from time to time on the PCS Facility Loan, but any such interest shall be subject to clauses 13, 14 and15.

  • The Borrower shall reimburse each Bank for any loss or expense incurred by such Bank by reason of the foregoing in accordance with Section 2.12 of the Existing PCS Facility, Section 2.13 of the Existing RCF Facility or Section 2.09 of the Existing MGT Term Loan Agreement, as the case may be.

  • These policies are established to govern the acceptance and disposition of all designated and undesignated gifts made to NATS for any of its programs or services.

  • Construction of the PCS Facility Improvements project (Project) at Seattle-Tacoma International Airport (SEA) is expected to begin in November 2023 and be completed in January 2024.

  • At no cost to Rite Aid, McKesson will supply an account manager either at each PCS Facility or another location as determined by Rite Aid to assist with transition and operations for the PCS Facilities subject to this Amendment.

  • Portfolio split by country and market segment (on market valuation)* CountryPropertiesValueUnited Kingdom14€373.2 millionGermany28€362.1 millionSwitzerland13€155.7 millionTotal55€891.0 millionSwitzerlandUnited KingdomGermany* Includes Stenprop’s share of joint ventures and associates.

  • Clause 12.4 or Clause 12.4A.1 (as applicable in the circumstances), provided that prior to the Date of Establishing PCG Amount at least one such Bond is for an amount that shall have a value of not less than 50% of that Guarantor’s Respective Share of the PCS Facility.


More Definitions of PCS Facility

PCS Facility means the PCS Facility, dated as of June 14, 2000 (as amended, modified, supplemented or Refinanced from time to time), among the Company, the banks party thereto and Morgan Guaranty Trust Company of New York, as administrative agent.
PCS Facility means a subordinated loan facility of [£INSERT AMOUNT] (pounds sterling [INSERT AMOUNT IN WORDS]8 million);“PCS Facility Loan”means the aggregate principal amount of all PCS Advances (and excluding any interest payable on any PCS Advances) made by the Guarantor to the Franchisee under the PCS Facility (including any Bond Payments where a demand has been made under the Bond in satisfaction of the Guarantor’s obligation to advance a PCS Advance) which has not been repaid at the relevant time;“Permitted Spending Purposes”means investment in the form of investment capital, franchise investment and working capital expenditure, in each case, as specified in and in accordance with the AFC Plan;“Preceding 13 Reporting Periods”has the meaning given to it in paragraph 2.1 of Schedule 12 (Financial Covenants and Bonds) of the Franchise Agreement;“Ratio”means, as the context may require, either or both of the Actual Operating Cost Ratio and/or the Forecast Operating Cost Ratio;“Ratio Trigger”means either that: (a) the Actual Operating Costs Ratio is less than 1.070:1; or (b) the Forecast Operating Costs Ratio is less than 1.070:1;“Relevant AFC Time”has the meaning given to it in Clause 5.1;“Relevant Credit Rating”has the meaning given to it in the Franchise Agreement;“Relevant Termination Event”means termination of the Franchise Agreement in consequence of:

Related to PCS 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;

  • Wireless facility means equipment at a fixed location that enables wireless communications

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

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

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

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

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • 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.

  • 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.

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

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.

  • Holding facility means a designated area for the retention of

  • Business Facility means any real property including the land, the improvements thereon, the groundwater thereunder and the surface water thereon, that is or at any time has been owned, operated occupied, controlled or leased by the Company or any Subsidiary in connection with the operation of its business.

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • Secure facility or "detention home" means a local, regional or state public or private locked

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

  • 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)]

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

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • 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.

  • Related facilities means any manager's units and any and all common area spaces that are included within the physical boundaries of the housing development, including, but not limited to, common area space, walkways, balconies, patios, clubhouse space, meeting rooms, laundry facilities, and parking areas that are exclusively available to residential users, except any portions of the overall development that are specifically commercial space.

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Wastewater Facilities means the structures, equipment, and processes required to collect, carry away, and treat domestic and industrial wastes and dispose of the effluent.

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

  • Wireline backhaul facility means a facility used to transport services by wire or fiber-optic cable from a wireless facility to a network.