Vendor Credit Facility definition

Vendor Credit Facility as defined in the Trust Agreement.

Vendor Credit Facility. (as defined in the Trust Agreement) established by a vendor which shall have agreed to supply to the Borrower and its Restricted Subsidiaries a material amount of equipment (other than handsets) and services comprising or relating to property or assets to be utilized in connection with the Borrower's national wireless telecommunications network;

Vendor Credit Facility means any agreement entered into with one or more vendors, suppliers or lessors of telecommunications equipment or assets (including any agreement entered into with any such vendor, supplier or lessor or any financial institution acting on behalf of any such vendor, supplier or lessor) in order to finance the acquisition or construction of telecommunications equipment or assets, as such agreement may be amended, modified, supplemented, refunded, refinanced, restructured, renewed or replaced from time to time; provided that (i) any equipment or other assets acquired or leased under or pursuant to such Vendor Credit Facility are received by the Issuer or a Restricted Subsidiary and (ii) all obligations with respect to or under such Vendor Credit Facility or any amendment, modification, supplement, refunding, refinancing, restructuring, renewal or replacement thereof are owed, whether directly or indirectly, as the case may be, to a Person who is not an Affiliate of the Issuer or any of its Subsidiaries and no such Affiliate shall act as a facilitator or conduit or in a similar capacity with respect thereto.

Examples of Vendor Credit Facility in a sentence

• The Agent shall have received copies of the definitive documentation establishing the Other Vendor Credit Facility and the Existing Bank Credit Facility; provided that certain confidential provisions of each such Facility (which in any event shall not include any of the provisions specified in subsection 3.18) shall not be required to be delivered by the Borrower.

• The Borrower confirms that the provisions of Schedule I of the Other Vendor Credit Facility that might be deemed to modify subsection 9.6 of the Other Vendor Credit Facility are no less restrictive in any material respect than those set forth in subsection 9.6 of this Agreement and this Schedule I.

• The Borrower agrees that it will not purchase any goods or services under the Other Vendor Procurement Contract for an aggregate price in excess of $1,800,000,000 and up to $1,950,000,000 except to the extent that the Other Vendor provides financing to the Borrower for such excess under terms no less favorable to the Borrower than those set forth in the Other Vendor Credit Facility.

• This value shows that there is no cyclical synchronicity between the Moroccan economy and its major trading partner, which means a case for floating; however we do not attribute much weight to this variable because the basic fundamentals of the 2 economies are quite different.

• The Lenders hereby agree that the modification to subsections 6.l(f) and (g) set forth in this Amendment shall be permitted to be made to the Other Vendor Credit Facility.

More Definitions of Vendor Credit Facility

Vendor Credit Facility means any credit facility (other than the Arianespace Agreement and the Loral Satellite Purchase Contract) entered into with any vendor or supplier (or any financial institution acting on behalf of such a vendor or supplier); provided that the Indebtedness thereunder is incurred solely for the purpose of financing the cost (including the cost of design, development, construction, or integration) of CD Radio Assets.

Vendor Credit Facility any credit facility (including the Initial Vendor Credit Facilities)

Vendor Credit Facility means, collectively, any credit facility entered into with any vendor or supplier (or any financial institution acting on behalf of or for the purpose of directly financing purchases from such vendor or supplier) to the extent the Indebtedness thereunder is incurred for the purpose of financing the cost (including the cost of design, development, site acquisition, construction, integration, installation, management, manufacture or acquisition) of personal property (tangible or intangible) used, or to be used, in a Cable/Telecommunications Business.

Vendor Credit Facility means secured credit facility among the Company, Nextel Finance Company, the other Restricted Companies (as defined in the agreement related to such facility), Motorola, Inc. and NTFC Capital Corporation.

Vendor Credit Facility means any agreement entered into with one or more vendors, suppliers or lessors of telecommunications equipment or assets (including any agreement entered into with any such vendor, supplier or lessor or any financial institution acting on behalf of any such vendor, supplier or lessor) in order to finance the acquisition or construction of telecommunications equipment or assets, as such agreement may be amended, modified, supplemented, refunded, refinanced, restructured, renewed or replaced from time to time; provided, however, that (i) any equipment or other assets acquired or leased under or pursuant to such Vendor Credit Facility are used in the Telecommunications Business by the Company or a Restricted Subsidiary.

Vendor Credit Facility means the secured credit facility among the Company, Nextel Finance Company, the other Restricted Companies (as defined in the agreement related to such facility), Motorola, Inc. and NTFC Capital Corporation.

Vendor Credit Facility or "Initial Financing") for the purposes of financing the provision by HNS of certain equipment ("Initial Equipment") for deployment by NextWave in the *___*; and