UK Overdraft Facility definition

UK Overdraft Facility means the overdraft facility made available by the UK Lenders to the UK Borrower pursuant to the terms of the UK Overdraft Agreement.
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UK Overdraft Facility means the £5,000,000 Overdraft Credit Facility between Insignia Xxxxxxx Xxxxx Group Limited and Barclays Bank PLC, as amended through the date hereof.
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UK Overdraft Facility means the £5,000,000 Overdraft Credit Facility between Insignia Richard Ellis Group Limited and Barclays Bank PLC, as amended through the date hereof.
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Examples of UK Overdraft Facility in a sentence

  • The terms and conditions of the UK Overdraft Facility, as in effect from time to time, shall be disclosed to, and reasonably approved by, the European Agent.

  • The Borrowers shall use the proceeds of the Loans, the Letters of Credit, and the UK Overdraft Facility (as defined in 8.2(i)) for working capital and other general corporate purposes, Permitted Acquisitions, the Spin-off Transaction, and Stock Repurchases, in each case, not in contravention of any Requirement of Law or of any Loan Document.

  • Each of the U.K. Overdraft Facility Sublimit, the Austrian Overdraft Facility Sublimit and the German Overdraft Facility Sublimit.

  • Each of the U.K. Overdraft Facility, the Austrian Overdraft Facility and the German Overdraft Facility.

  • Maturity Obligor Issuer Terms Date Amount Teledyne Limited U.K. Overdraft Facility Guaranteed by Teledyne Technologies Incorporated Bank of Scotland Renews Annually 4/25/2007 £500,000 Promissory Note $1,500,000 Promissory Note dated June 30, 2005 between Teledyne Investments, Inc.

  • Notwithstanding any provision of this Agreement to the contrary, in determining the amount of the UK Commitment, Applicable Percentage or Adjusted Applicable Percentage of Barclays Bank PLC for purposes of Sections 2.01, 2.02, 2.04, 2.05, 2.12, 2.22 (except as applicable to Sections 7.02, 7.03 and 7.04) and 4.02, the UK Commitment of Barclays Bank PLC will be reduced by the maximum aggregate amount of the UK Overdraft Facility at such time (the “UK Overdraft Commitment”), whether drawn or undrawn.


More Definitions of UK Overdraft Facility

UK Overdraft Facility means the overdraft facility provided by The First National Bank of Boston to City, as in effect on the date hereof, which provides for unsecured revolving credit borrowings.
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UK Overdraft Facility has the meaning ascribed to such term in Section 2.23.
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UK Overdraft Facility means the (pound)5,000,000 Overdraft Credit Facility between Insignia Xxxxxxx Xxxxx Group Limited and Barclays Bank PLC, as amended through the date hereof.
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UK Overdraft Facility the overdraft facility in the maximum amount of (pound)3,000,000 to be provided by Fleet National Bank London Branch to the UK Borrower pursuant to and in accordance with the terms and conditions of the letter agreement, dated the date hereof, between such parties, as the same may be amended, supplemented or otherwise modified from time to time.
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Related to UK Overdraft Facility

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Overdraft Obligations means, with respect to any Portfolio, the amount of any outstanding Overdraft(s) provided by the Custodian to such Portfolio together with all accrued interest thereon.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Overdraft Rate means the per annum rate of interest, regardless of compounding frequency, designated by the Financial Institution as its “Overdraft Rate” from time to time.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Overdraft means any payment or transfer of funds on behalf of a Fund or series of a Fund for which there are, at the close of business on the date of such payment or transfer, insufficient funds held by the Custodian on behalf of such Fund or series thereof.

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Secured Cash Management Obligations means Obligations under Secured Cash Management Agreements.

  • Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.

  • Credit Line as defined in Section 2.1.

  • Eligible facility means a gas-fired electric generation facility with a nominal capacity of 1,000 MW or less.

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

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Ancillary Facility means any ancillary facility made available by an Ancillary Lender in accordance with Clause 6 (Ancillary Facilities).

  • Facility Letter means the facility letter and the other letters of offer or other letters which may from time to time be issued by the Bank to the Borrower in relation to the Facilities.

  • Facility Agreements means the agreements of that name between the Issuer and different