WC Facility definition

WC Facility means the extensions of credit made or to be made hereunder with respect to each Lender's WC Commitment, including the WC Credit Exposure of each Lender.
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WC Facility means one or more new working capital facilities issued by a Subsidiary of the Borrower located in India, in each case, to which the Administrative Agent (acting at the direction of the Required Lenders) has provided its prior written consent.
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WC Facility means a revolving working capital facility provided by the WC Facility Lenders and made available pursuant to an Authorised Credit Facility Agreement;
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Examples of WC Facility in a sentence

  • As noted previously, in order to address the widely varying numbers within each of the 4 main stakeholder groups identified, these groups were further sub-­‐divided in order to ensure that actual scoring groups were manageable and of a broadly similar size.

  • The 2014 WC Facility was fully drawn with the proceeds being applied mainly for the repayment of the previous term loan facility entered into during 2012.

  • The 2014 WC Facility, secured by the iclub Wan Chai Hotel, was fully drawn in December 2014.

  • As at 30th June, 2020, the facility and the outstanding amount on the 2019 WC Facility was HK$405.0 million.On 19th October, 2018, Regal REIT group, through its wholly owned subsidiary, Tristan Limited, arranged a bilateral loan facility of up to HK$790.0 million, comprised of a term loan facility of HK$632.0 million and a revolving loan facility of up to HK$158.0 million (the “2018 SW Facilities”), secured by the iclub Sheung Wan Hotel.

  • The Marimaca WC Facility has a fixed annual interest rate of 12% compounded quarterly and a 3% arrangement fee on the aggregate of the principal amounts drawn under this Marimaca WC Facility which are payable at maturity.

  • As at 30th June, 2016, the outstanding amount on the 2014 WC Facility was HK$440.0 million.On 10th February, 2014, Regal REIT group, through its wholly owned subsidiary, Tristan Limited, arranged a bilateral loan facility of up to HK$790.0 million, comprised of a term loan facility of HK$632.0 million and a revolving loan facility of up to HK$158.0 million (the “2014 SW Facilities”), secured by the iclub Sheung Wan Hotel.

  • The 2019 WC Facility was secured by the iclub Wan Chai Hotel and its principal amount was revised to HK$405.0 million on 22nd June, 2020 for compliance with the terms of the facility agreement.

  • On 22nd June, 2020, the 2019 WC Facility amount was revised to HK$405.0 million for the purpose of compliance with an undertaking condition in the facility agreement.

  • On 22nd June, 2020, the 2019 WC Facility amount was revised to HK$405.0 million for purpose of compliance with an undertaking condition in the facility agreement.

  • As at 30th June, 2021, the facility and the outstanding amount on the 2019 WC Facility was HK$405.0 million.On 19th October, 2018, Regal REIT group, through its wholly owned subsidiary, Tristan Limited, arranged a bilateral loan facility of up to HK$790.0 million, comprised of a term loan facility of HK$632.0 million and a revolving loan facility of up to HK$158.0 million (the “2018 SW Facilities”), secured by the iclub Sheung Wan Hotel.


More Definitions of WC Facility

WC Facility means the credit facility existing on the Effective Date between SIBL and The Bank of Nova Scotia, as amended, supplemented, amended and restated or otherwise modified from time to time in accordance with its terms.
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WC Facility means the working capital facility made available under this Agreement as described in Clause 2.1.1(iii);
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Related to WC Facility

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

  • LC Facility means the letter of credit facility established pursuant to Article III.

  • Public facility means 1 or more of the following:

  • 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;

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

  • Electric Facility means a Generator or an electric transmission facility.

  • 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.

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

  • Holding facility means a designated area for the retention of

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

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • Bank Facility means any credit agreement, including the Credit Agreement dated December 17, 2014, among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended on April 30, 2015, December 8, 2015, and December 22, 2016, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

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

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Triage facility means a short-term facility or a portion

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • 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

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

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

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • 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.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • 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;

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

  • Public facilities means amenities that are—

  • 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.