Second Facility definition

Second Facility means the proposed revolving credit facility in a maximum principal amount of up to approximately $250,000,000, to be entered into by and between the Borrower and the Lender.
Sample 1
Second Facility has the meaning set out in Clause 9.1.
Sample 1
Second Facility shall have the meaning ascribed to such term in Section 3.5 below.
Sample 1

Examples of Second Facility in a sentence

  • Second Facility New York State DOH, OASAS, or OHM Operating Certificate # or Department of State Identification #.

  • As Mr. Kenny correctly observed, neither the exhibited AIB statements in respect of the First Facility, nor the AIB document of 21 May 2020 in relation to the restructured account, record any inward payment of rent notwithstanding the special condition in the First Facility to mandate the payment of rental income “to current account at AIB, 219 Crumlin Road”, and the covenant at clause 5.2.2 in the Second Facility to apply all rental income to account no.

  • Pursuant to the Second Facility Agreement, the Roly Shares (including those Roly Shares to be acquired under the Exit Offer) held or controlled by the Offeror and the Linmark Shares to be acquired by the Offeror under the Share Offer will be charged as part of the security for the Facilities.

  • Under the renewed facility letter (the “2021 Second Facility Letter”), the general banking facilities (including a revolving loan facility (the “2021 Revolving Loan Facility”) and corporate credit card(s) (the “2021 CCD”)) in the aggregate amount of HK$50,600,000 (collectively, the “2021 Second Facilities”) were renewed.

  • The Second Facility has a revolving term and is for the purpose of financing the acquisition of 495 and future acquisitions (the “Second Facility”).

  • The interest rate on the Second Facility varies based on total funded debt to EBITDA ratio.

  • Borrower shall pay when due each of the Initial Facility Charge and the Second Facility Charge.

  • Dr Adelbert Scholtz, Counselling Psychologist will voluntarily provide the requested information or give access to any record with regard to the requester's personal information.

  • Taking into account the return from the grant of the Second Loan and based on the result of the credit assessments, the Directors consider that the terms of the Second Facility Agreement are fair and reasonable, the entering into the Second Facility Agreement and the grant of the Second Loan hereunder are in the interests of the Company and its Shareholders as a whole.

  • The interest rate in respect of the First Facility was 5.89% and 2.36% in respect of the Second Facility.


More Definitions of Second Facility

Second Facility is hereby deleted and any references in the Credit Agreement to Second Facility shall be deemed to refer to the "Supplemental Facilities".
Sample 1
Second Facility shall have the meaning ascribed to it in Section 2.2(c).
Sample 1

Related to Second Facility

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

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

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

  • 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;

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

  • Licensed facility means a facility licensed by the department under section 137 or an adult foster care facility.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • 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.

  • 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.

  • 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.

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • 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.

  • 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;

  • Parking Facility means a parking area or structure having

  • Non-Extended Facility has the meaning assigned to such term in Section 3.6(d).

  • Common Facility Means a place where tenants utilise the same equipment such as kitchen, laundry and meeting room and or car park.

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

  • Existing Facility Agreement means the senior secured credit facility dated 26 October 2000 made between, inter alia, UPC Broadband, UPC Financing and Toronto Dominion (Texas) LLC as facility agent and the banks and financial institutions listed therein, as amended from time to time.