Examples of Xxxxxxx Xxxxx Facility in a sentence
It is estimated that these facilities will be subject to indebtedness of approximately $106,000,000 which will be refinanced through the Xxxxxxx Xxxxx Facility, which leaves a net contribution of $21,802,613.
Developer Contribution (Note 1) $ 121,802,613 Xxxxxxx Xxxxx Facility (Note 2) 378,197,387 Total $ 500,000,000 The Developer’s contribution consists of $21,802,613 of net equity in the existing Casino which will be incorporated into the Casino Complex, and a cash contribution of $100,000,000.
Any shortfall will be provided through additional borrowings under the Xxxxxxx Xxxxx Facility.
On or before October 15, 2002, the Company shall cause all fees and expenses incurred by the Company on behalf of the Parent or any Affiliate in connection with the negotiation and preparation of this Amendment, the amendments required by Sections 34(a)(iv) and (v) hereof or the Xxxxxxx Xxxxx Facility, to be paid by the Parent or such Affiliate, as the case may be, in accordance with the Company's existing method of allocation.
Each reference to the Xxxxxxx Xxxxx Facility contained in the Extension Agreement shall hereafter be deemed to refer to the Xxxxxxx Xxxxx Facility, as the commitments under the same have been increased in accordance with the Xxxxxxx Xxxxx Amendment.
Concurrently herewith, the parties to the Xxxxxxx Xxxxx Loan Agreement have executed and delivered an amendment to the Xxxxxxx Xxxxx Loan Agreement (the “Xxxxxxx Xxxxx Amendment”) evidencing the extension of the term of the Xxxxxxx Xxxxx Facility to December 15, 2008 and the increase of the Total Commitment thereunder by $25,000,000 (the “Incremental Xxxxxxx Xxxxx Commitment”).
Section 8.2(e) of the Loan Agreement is hereby amended by inserting the words "including unsecured liabilities (other than Indebtedness for money borrowed or that is evidenced by bonds, debentures, notes or other similar instruments) of the Borrower in favor of the SPV incurred in connection with the Xxxxxxx Xxxxx Facility" immediately before the semicolon at the end of such section.
Borrower shall have evidenced to the satisfaction of Arranger that the Xxxxxxx Xxxxx Facility has been repaid through the execution of the Sale-Leaseback Facility.
Additionally, Xx. Xxxxxxxxx was one of the operators of SRTA’s Toll Operations Center (TOC), which monitors and controls the I-00 Xxxxxxx Xxxxx Facility.
Upon payment of all amounts outstanding under the Xxxxxxx Xxxxx Facility and release of all liens granted in connection therewith, the security interests granted and reaffirmed by this Security Agreement constitute first priority security interests in the Collateral, which will be perfected, to the extent perfection of any portion of the Collateral may occur by filing, upon the filing by the Secured Party of the appropriate financing statements.