Replacement Facilities definition

Replacement Facilities means the Replacement Term A Facility and the Revolving Credit Facility.
Replacement Facilities means at any time on or after all or any portion of the Secured Credit Facility is expired or terminated, one or more senior secured credit facilities or similar secured loan agreements to which the Company or the borrower under the Secured Credit Facility (or any other special purpose vehicle formed by the Company) is a party as borrower and pursuant to which substantially all of the Company’s assets are pledged, including any guarantees granted thereunder by the Company or such borrower.
Replacement Facilities means at any time on or after all or any portion of any of the Company Credit Facilities is expired or terminated, one or more senior secured credit facilities or similar secured loan agreements to which the Company or the borrower under the Company Credit Facilities (or any other special purpose vehicle formed by the Company) is a party as borrower and pursuant to which substantially all of the Company’s assets are pledged, including any guarantees granted thereunder by the Company or such borrower.

Examples of Replacement Facilities in a sentence

  • Replacement Facilities) The Department of Education is directed to proceed with the development of a joint-use school transportation maintenance and operations facility in Greenville County.

  • In connection with the syndication of the Replacement Facilities, the Delayed Draw Term A Facility and/or the Term B Facility, if agreed among the Arrangers and the Company, the amount of any such facility under this Agreement (each a “Facility”) may be increased in an aggregate amount for all such Facility increases not in excess of $100,000,000.

  • It is intended that the Replacement Facilities will be implemented hereunder prior to the Acquisition Closing Date by means of the Replacement Facilities Effective Date Documentation.

  • Each Replacement Term A Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make to the Company on the Replacement Facilities Effective Date, a loan in a single draw denominated in Dollars in an aggregate amount not to exceed the amount of such Replacement Term A Lender’s Replacement Term A Commitment.

  • The Replacement Facilities Study will identify estimates for cost and the time required to construct the Interconnection Facilities for the Generating Facility replacement.


More Definitions of Replacement Facilities

Replacement Facilities means Replacement Financing.
Replacement Facilities has the meaning assigned to such term in the Senior Secured Credit Agreement (as such agreement is in effect on the date hereof).
Replacement Facilities has the meaning set forth in Section 2.14(b).
Replacement Facilities means facilities or assets that replace and serve the same functions as Damaged Facilities.
Replacement Facilities means one or more facilities (which may be owned or leased by First Data), no less than (50) miles from the facility in which the application or system is housed, which is capable of replacing the Alternative Facilities on a permanent basis. Table of Contents
Replacement Facilities has the meaning assigned to such term in Section 6.14(d).
Replacement Facilities shall have the meaning ascribed thereto in Clause 4.4 (Replacement Bonding Facilities).