Relevant Existing Facility definition

Relevant Existing Facility is defined in Section 2.14(a) hereof.
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Relevant Existing Facility means (a) with respect to any Incremental Term Facility or any tranche of Incremental Term Loans, the Term Facility implemented on the Closing Date and the Initial Term Loans and (b) with respect to any Incremental Revolving Facility or any tranche of Incremental Revolving Loans, the Revolving Facility implemented on the Closing Date and the Revolving Loans thereunder.
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Relevant Existing Facility shall have the meaning given to such term in Section 2.13(a).
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Examples of Relevant Existing Facility in a sentence

  • In the event of any inconsistency between the terms of any Relevant Existing Facility and the terms of this Letter (other than paragraphs 11 (Governing Law) and 12 (Jurisdiction)), the terms of this Letter will prevail.


More Definitions of Relevant Existing Facility

Relevant Existing Facility is defined in Section 2.14(a) hereof. “Replaced Revolving Facility” is defined in Section 10.11(d) hereof. “Replaced Term Loans” is defined in Section 10.11(d) hereof. “Replacement Revolving Facility” is defined in Section 10.11(d) hereof. “Replacement Term Loans” is defined in Section 10.11(d) hereof.
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Relevant Existing Facility. (a) with respect to any Replacement Term Loans or Permitted Pari Passu Secured Refinancing Debt in the form of a tranche A term facility (i.e., a term loan facility having amortization, tenor and other terms customary for the term loan A market, as reasonably determined by the Administrative Agent and the Company), the Tranche A Term Facility and (b) with respect to any Replacement Term Loans or Permitted Pari Passu Secured Refinancing Debt in the form of a tranche B term facility (i.e., a term loan facility with a tenor of six years or longer which has nominal amortization of 1% per annum prior to final maturity), the Tranche B Term Facility.
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Relevant Existing Facility means, in relation to a Lender, each Existing Facility to which such Lender is a party (being, for the avoidance of doubt, in respect of any Lender which is not a member of the G12, only those Existing Facilities which are listed in Part A of Annex 3 (Exposures) (as updated from time to time in accordance with the terms of this Letter)).
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Related to Relevant Existing Facility

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

  • 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.

  • 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

  • Holding facility means a designated area for the retention of

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

  • Replacement Facility means 1 of the following:

  • 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.

  • 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.

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • 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.

  • Composting facility means a site, location, tract of land, installation, or building used for composting of solid waste in accordance with Chapter 3734. of the Revised Code and rules adopted thereunder. The composting facility includes the area of materials placement and any leachate management system structures.

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

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

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

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

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

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

  • Existing tank system or “existing component” means a tank system or component that is used for the storage or treatment of hazardous waste and that is in operation, or for which installation has commenced on or prior to July 14, 1986. Installation will be considered to have commenced if the owner or operator has obtained all Federal, State, and local approvals or permits necessary to begin physical construction of the site or installation of the tank system and if either (1) a continuous on-site physical construction or installation program has begun, or (2) the owner or operator has entered into contractual obligations — which cannot be canceled or modified without substantial loss — for physical construction of the site or installation of the tank system to be completed within a reasonable time.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Outsourcing facility means a facility that is engaged in the compounding of sterile drugs and is currently registered as an outsourcing facility with the U.S. Secretary of Health and Human Services and that complies with all applicable requirements of federal and state law, including the Federal Food, Drug, and Cosmetic Act.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).