Yen Facility definition

Yen Facility shall have the meaning set forth in the definition of “Facility”. The Yen Facility shall be a subfacility of the Dollar Facility.
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Examples of Yen Facility in a sentence

  • At the request of General Partner, the “Requisite Lenders” (as defined in Section 9.5(b) of the Yen Facility), by their execution of this Agreement, approve the “Modifications” (as defined in Section 9.5(b) of the Yen Facility) set forth in this Agreement.

  • The proceeds of the Loans will be used by the Borrower for refinancing the “Tranche A” under the 2016 Yen Facility and the “Tranche A” under the 2012 Yen Facility and for general corporate purposes (including, without limitation working capital but excluding acquisitions).

  • Southland is not (i) in default in respect of any material indebtedness including, without limitation, under the Existing Yen Facility or (ii) in default under any agreement, obligation or duty to which it is a party or by which it or any of its properties or assets is bound which default would have or is likely to have a material adverse effect on the ability of Southland to perform its obligations under the Master Agreement, this Agreement or any of the Security Documents.

  • Promptly following each Repayment Date which occurs after the Existing Yen Facility Repayment Date, the Paying Agent shall provide to Southland a statement setting forth (i) the amount of the Japanese Royalties received and applied on such Repayment Date in accordance with Section 2.07(a) to each of the payment categories set forth therein and (ii) the amount of the Loans outstanding on such Repayment Date following the application of the amounts so received.

  • These receptors can include houses, schools, businesses, or other populated locations.

  • It is anticipated and acknowledged by the Lenders that no Japanese Royalties will be paid into the New Lock Box Account until the Existing Yen Facility Repayment Date.

  • At the date hereof, the approximate balance of principal on the Existing Yen Facility is 19,590,691,212 yen.

  • Pursuant to irrevocable instructions to Citibank, N.A., Tokyo Branch, or such other bank at which the New Lock Box Account is maintained, which instructions are set forth in the Assignment of New Lock Box Account, all Japanese Royalties received in the New Lock Box Account after the Existing Yen Facility Repayment Date shall be retained in the New Lock Box Account and invested in Permitted Investments as directed from time to time by Southland.

  • The obligations of Southland will be secured by the assignment of the Master Agreement and the other Collateral which secures and funds payment of interest and repayment of principal of the Existing Yen Facility and by the assignment of the New Lock Box Account to the Collateral Agent for the benefit of the Lenders.

  • On the Drawdown Date none of Southland's rights with respect to the Japanese Trademarks will be the subject of any assignment, pledge or other security interest other than the security interest in favor of the Existing Yen Facility Lenders and the security interest in the Japanese Trademarks established or to be established pursuant to the terms and conditions of the Security Documents.

Related to Yen Facility

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

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

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

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • 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.

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

  • 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.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • 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

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

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

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

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

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

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

  • 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.

  • Term Facility Commitment means the commitment of a Term Lender to make Term Loans, including Initial Term Loans and/or Other Term Loans.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

  • 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.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

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

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).