Examples of Purchaser Facilities in a sentence
S 14.1 The term "Purchaser Facilities" as used in this Clause shall be deemed to include sites, property, utilities, ships or vessels and the term "Facility Representative" shall be deemed to refer to the authority designated by the Purchaser responsible for the site, property, utility, ship or vessel.
The Purchaser has sole responsibility for installation, testing and operation of facilities, services and equipment ("Purchaser Facilities") other than those specifically provided by the Grantor as part of the Capacity or Other Services as described in this Agreement or in a Service Order.
In no event will the untimely installation or non-operation of the Purchaser Facilities relieve the Purchaser of its obligation to pay charges for the Capacity or Other Services after the Actual Start Date.
Bipartisan proposals by Senators Kent Conrad (D-ND) and Judd Gregg (R-NH) in the Senate and by Jim Cooper (D-TN) and Frank Wolf (R-VA) in the House could serve as a model in this regard.
None of the Target Group Companies are obliged to grant any security interest or enter into any guarantee or similar arrangements to secure any obligations under or in connection with the Purchaser Facilities Agreement, any other financing arrangements of the Purchaser or any other obligations of the Purchaser prior to or on the Closing Date and any such arrangements and documents shall only be entered into after the Closing has occurred.
Purchaser has sole responsibility for -------------------------- installation, testing and operation of facilities, services and equipment ("Purchaser Facilities") other than those specifically provided by Grantor as part of the Agreement Services.
In addition, Credit Suisse AG and Credit Suisse AG, London Branch are acting as lead arrangers for, and lenders under, the Purchaser Facilities Agreement, for which services Credit Suisse AG and Credit Suisse AG, London Branch will receive compensation.
Purchaser Term Facility B matures on the earlier of the date falling twelve (12) months after the Initial Closing Date (subject to an extension option of 6 months which, if exercised, also extends the maturity of the Purchaser Revolving Facility) and 30 months after the date of the Purchaser Facilities Agreement (being September 7, 2018).
The Purchaser Facilities Agreement provides for two term facilities in an aggregate amount of U.S. $5,000,000,000 (“Purchaser Term Facility A”) and U.S. $10,000,000,000 (“Purchaser Term Facility B” and together with Purchaser Term Facility A, the “Purchaser Term Facilities”), respectively, to be made available to Purchaser for the purposes of financing the acquisition of the Common Shares and ADSs pursuant to the Offers.
In no event will the untimely installation or non-operation of Purchaser Facilities relieve Purchaser of its obligation to pay charges for the Agreement Services after the Actual Start Date except when such untimely installation or non-operation is caused by an event of Force Majeure.