USD Facility definition

USD Facility means the USD facility under the USD Facility Agreement.
USD Facility is defined in the recitals to this Agreement.

Examples of USD Facility in a sentence

  • Notwithstanding anything to the contrary contained herein, if at any time Bank of America assigns all of its USD Commitment and USD Loans under the USD Facility pursuant to subsection (b) above, Bank of America may, (i) upon thirty (30) days’ notice to Xxxxxxxxx and the Lenders, resign as L/C Issuer and/or (ii) upon thirty (30) days’ notice to Xxxxxxxxx, resign as Swing Line Lender.

  • At any time that there shall exist a Defaulting Lender under the USD Facility, immediately upon the request of the Administrative Agent, the L/C Issuer or the Swing Line Lender, Xxxxxxxxx shall deliver Cash Collateral to the Administrative Agent in an amount sufficient to cover all Fronting Exposure (after giving effect to Section 2.18(a)(iv) and any Cash Collateral provided by the Defaulting Lender).

  • So long as any Lender is a Defaulting Lender under the USD Facility, (i) the Swing Line Lender shall not be required to fund any Swing Line Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to such Swing Line Loan and (ii) the L/C Issuer shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.


More Definitions of USD Facility

USD Facility has the meaning given to that term in the Senior Facilities Agreement;
USD Facility means a Facility denominated in USD, being Facility C or Facility D;

Related to USD Facility

  • Facility means the entire operation located on the property where the Equipment is located;

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

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

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.

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

  • Affected facility means, with reference to a stationary source, any apparatus to which a standard is applicable.

  • Holding facility means a designated area for the retention of

  • Production facility means, with respect to any liquid fuel (other than LNG), a facility in California at which the fuel is produced. "Production facility" means, with respect to natural gas (CNG, LNG or biogas), a facility in California at which fuel is converted, compressed, liquefied, refined, treated, or otherwise processed into CNG, LNG, biogas, or biogas-natural gas blend that is ready for transportation use in a vehicle without further physical or chemical processing.

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

  • 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;

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.

  • Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender's Available Commitment in respect of that Facility.

  • Cannabis cultivation facility means a person that:

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Required Facility Lenders means, with respect to any Facilities on any date of determination, Lenders having or holding more than 50% of the sum of (a) the aggregate principal amount of outstanding Loans under such Facilities and (b) the aggregate unused Commitments under such Facilities; provided that the portion of outstanding Loans and the unused Commitments of such Facilities, as applicable, held or deemed held by a Defaulting Lender shall be excluded for purposes of making a determination of Required Facility Lenders.