RBS Facility definition

RBS Facility means the Loan Facility made available by RBS to certain of the Guarantors as borrowers pursuant to a Facility Agreement dated 10 September 2015.
RBS Facility means the facility agreement entered into between the Parent, certain of its subsidiaries and the Security Trustee dated 24 October 1993, as subsequently restated and amended, supplemented or modified from time to time;

Examples of RBS Facility in a sentence

  • However, RBS has not taken any action to enforce any right or remedy under the RBS Facility Agreement in connection with this technical breach, has continued to fund TVUK and has confirmed in discussions that it remains supportive of the Tricoya® Project.

  • In February 2008, using the proceeds from our $68.0 million sale of Freeport LNG, the Company prepaid in full the$20.0 million it had outstanding under its three-year $20.0 million secured term loan facility with The Royal Bank of Scotland plc (the “RBS Facility”) and terminated the RBS Facility.

  • Of this amount, under the Tricoya® Consortium structure, the Company’s expected share amounts to approximately €12 million, with the balance of equity into TTL expected to be funded by other members of the Tricoya® Consortium and then into TVUK by TTL, MEDITE and BP Chemicals, alongside debt funded to TVUK by RBS under the existing RBS Facility Agreement and an additional facility expected to be entered into between TVUK and RBS.

  • Any breach of the LTV Covenant (which is not remedied), and any breach of the ICR Covenant is an event of default under the RBS Facility Agreement.In addition to the events of default arising from a breach of the LTV Covenant or the ICR Covenant, the RBS Facility Agreement includes other various events of default customary for a secured facility of this nature, including insolvency events of default which are applicable to each of the Obligors and the Company.

  • Interest payable under the RBS Facility Agreement is rolled up until the Hull Plant is expected to be cash-flow generative.


More Definitions of RBS Facility

RBS Facility means the Amended and Restated Facility Agreement, dated 31 August 2006, among Xxxxxxx Aviation Limited, the lenders named as a party thereto, RBS Aerospace Limited, as arranger, and The Royal Bank of Scotland PLC as agent and security trustee for the lenders, as amended from time to time.
RBS Facility means the facility agreement entered into between (1) APW Electronics Group plc, APW Electronics Overseas Investments Limited, APW Electronics Limited, APW Enclosures AB, APW Electronics GmbH, Vero Electronics Inc., APW Enclosures S.A. and APW Electronics S.r.L and (2) RBS, dated 20 April 2000
RBS Facility means the USD 300 million Multicurrency Facility Agreement, dated as of 26 September 2014, among, inter alios, GulfMark Americas, as original borrower, the Parent Guarantor, as original guarantor, the lenders party thereto, The Royal Bank of Scotland plc, as agent, The Royal Bank of Scotland PLC, as security trustee, JPMorgan Chase Bank, N.A. and Xxxxx Fargo Bank, N.A., as letter of credit issuing banks, and JPMorgan Chase Bank, N.A., as swingline lender, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time.
RBS Facility means the bonding facility previously made available to the Group by The Royal Bank of Scotland plc.
RBS Facility means that certain Term Loan Agreement dated as of September 26, 2008 among the Borrower, the “Lenders” from time to time parties thereto, RBS, as administrative agent and as syndication agent, as such agreement was in effect as of the date of this Agreement.
RBS Facility means the $15,000,000 Term Loan Facility among Excalibar Minerals Inc., Excalibar Minerals of LA, L.L.C., Newpark Holdings, Inc., Newpark Resources, Inc., Newpark Texas, L.L.C. and RBS Lombard, Inc.
RBS Facility means the bonding facility previously made available to the Group by The Royal Bank of Scotland plc. "RECEIVER" means a receiver and manager or (if the Facility Agent so specifies in the relevant appointment) a receiver, in either case, appointed under this Deed.