Subscription Facility definition

Subscription Facility a Facility with respect to which the Company has pledged the Capital Commitments and the power and authority to call the Capital Commitments.
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Subscription Facility means a procedure adopted by the Licensee which enables members of the public who are eligible to purchase Tickets to participate in the Licensed Lotteries for a multiple number of Draws other than by purchasing a Ticket in a Retail Outlet;
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Subscription Facility means that certain Revolving Credit Agreement, dated as of December 29, 2020, among the Company, the other borrowers from time to time party thereto, the lenders from time to time party thereto and Capital One, National Association, as administrative agent and including any renewals, extensions, replacement or refinancing thereof, in each case, in an aggregate outstanding principal amount not to exceed $200,000,000 at any time.
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Examples of Subscription Facility in a sentence

  • This Subscription Agreement constitutes the entire agreement of the parties hereto with respect to the subject matter hereof, supersedes any prior agreement or understanding among them with respect to such subject matter, and is not intended to confer upon any person other than the parties hereto and any lender under a Subscription Facility any rights or remedies hereunder.

  • For the avoidance of doubt, any reference herein to a capital contribution being required or a Drawdown Notice being delivered by the Fund shall be deemed to include such contribution being required or Drawdown Notice being delivered by a lender or agent in respect of any Subscription Facility as described in Section 5 hereof.

  • In connection with a Subscription Facility, each Limited Partner agrees to deliver, as and when requested by the General Partner in writing, any documents and/or certifications, which may be shared with the lender in connection with such Subscription Facility.

  • Notwithstanding anything in this Agreement, each Limited Partner acknowledges and agrees that any excuse right or other limitation with respect to any Capital Contribution shall not be applicable with respect to any capital call the purpose of which is to repay amounts due under the Subscription Facility, regardless of whether the related capital call is issued by the General Partner or the lender under the Subscription Facility.

  • The Company agrees not to enter into a new Share Subscription Facility Agreement with any investors other than Milost Global Inc.

  • The Company may adjust the timing of such capital calls at any time in its sole discretion (including, without limitation, at the direction of a lender in accordance with the terms of a Subscription Facility (as defined below)).

  • Notwithstanding anything herein or in the Articles to the contrary, each lender under a Subscription Facility shall be an express and intended third-party beneficiary of this Subscription Agreement.

  • The Subscriber further understands, acknowledges and agrees that any such lender under a Subscription Facility is relying on each subscriber’s (including the Subscriber’s) Unused Capital Commitment as its primary source of repayment and may issue future Purchase Notices and may exercise all remedies of the Company and/or the Adviser with respect thereto as part of such lender’s remedies under the Subscription Facility.

  • For the avoidance of doubt, all payments in respect of Purchase Notices made by the Subscriber in accordance with this Subscription Agreement for the benefit of the Company’s and/or certain of its affiliates’ Subscription Facility lenders shall constitute payments made in respect of Purchase Notices by the Subscriber for purposes of this Subscription Agreement and the Articles.

  • For the avoidance of doubt, any reference herein to a capital contribution being required or a Drawdown Notice being delivered by the Company shall be deemed to include such contribution being required or Drawdown Notice being delivered by a lender or agent in respect of any Subscription Facility as described in Section 5.


More Definitions of Subscription Facility

Subscription Facility means (a) the Revolving Credit Agreement, dated as of November 6, 2018, by and among the Borrower, Bank of America, N.A., as administrative agent, and the lenders party thereto, as amended, restated, amended and restated, supplemented or otherwise modified from time to time, and any refinancing, refunding, renewal, replacement or extension thereof and/or (b) any other facility, the borrowing base of which is based on the undrawn Capital Commitments (or similar defined term used for the purposes contemplated herein, in each case, as defined in the Borrower’s Third Amended and Restated Agreement and Declaration of Trust, dated as of August 13, 2019, as amended, restated, amended and restated, supplemented, renewed or otherwise modified from time to time) of its investors.
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Subscription Facility means a credit facility secured by the Partnership’s right to make capital calls and/or the Partnership’s entitlement to receive Capital Contributions from the Partners and related rights, including the exercise of remedies over the deposit accounts into which the proceeds of Capital Contributions are deposited, and not secured by the Investments.
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Subscription Facility means the revolving credit facility described in Section 2.1(a)(ii) hereof.
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Subscription Facility has the meaning specified in the Additional Terms Letter.
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Subscription Facility means a credit facility under which the Company is an obligor and that is secured by, among other things, the unfunded or unutilized Capital Commitments of the Members; provided, however, a Subscription Facility will not exceed the aggregate unfunded or unutilized Capital Commitments of the Members.
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Related to Subscription Facility

  • Subscription Cut-Off Time means 5.00 p.m. Dublin time on the Business Day immediately preceding the relevant Dealing Day or such point as the Directors may determine in exceptional circumstances;

  • Subscription means the capital stock of the Bank subscribed to by a member.

  • Subscription Limit means any applicable limit on the Issuer’s ability to fund newly issued ETP Securities pursuant to the terms of the LS Operating Procedures Agreement or the LS Margin Account Agreement, as may be amended from time to time.

  • Subscription Fee means the Fees payable by IPTV Operator to ZEEL for availing the signals of Zee Group Channels on a monthly basis and calculated as “ZEEL’s Share of MRP” multiplied by average active subscribers for any given month.

  • Subscription Price has the meaning set forth in Section 2.1.

  • User Subscriptions means the user subscriptions purchased by the Customer and set out in the Subscription Order Form which entitle Authorised Users to access and use the Services in accordance with this Agreement.

  • Subscription Service means the ServiceNow software-as-a-service offering ordered by Customer under an Order Form, Use Authorization or other signed ordering document between ServiceNow and Customer.

  • Subscription Offering means the offering of the Conversion Stock to Participants.

  • Subscription Plan means a fixed term plan which relates to the Licensed Services as specified in the PGi Service Agreement

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • Subscription Term means the initial subscription term and if applicable any renewal subscription term of a Cloud Service identified in the Order Form.

  • Subscription Notice has the meaning set forth in Section 1.1.

  • Subscription License means a particular type of license to a Software Product that allow s a Customer to use the Software Product for a specified period of time identified in the Quote. For reference, a Software Product that is a Subscription License shall have the word “Subscription” in the Software Product name and/or have the letters “SU” at the end of the product number for the Software Product.

  • Minimum Subscription means the minimum subscription for Shares as specified in the relevant Supplement.

  • Subscription Start Date means the date specified in the Order Form.

  • Subscription Trade Date means, subject to Condition 9.2, a Valuation Date on which a Subscription Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Subscription Period means the duration of Customer’s authorized use of the Subscription Services as designated in the Order.

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Subscription Form means the form of subscription annexed hereto as Schedule “A”;

  • Subscription Services means SAP’s then-current subscription services offered under and described in detail in the applicable SAP PartnerEdge Model.

  • Minimum Subsequent Subscription means, in relation to the Euro RDR ‘Retail’ Hedged

  • Subscription Fees the Fees payable for access to the Cloud Service as set out in an Order.

  • Annual Subscription means the subscription paid by a member in accordance with the Registered Clubs Act and being paid either annually or otherwise.

  • Subscription Software means software provided and hosted in the Computing Environment by SAP on a subscription basis as part of the HEC Subscription offering as identified in the Order Form.

  • PIPE Subscription Agreements has the meaning set forth in the recitals to this Agreement.