Applicable Facility definition

Applicable Facility means the New Vehicle Floorplan Facility or the Used Vehicle Floorplan Facility, as applicable.
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Applicable Facility means the Facility specified in Clause 2.2 of this Financial Assistance Facility Agreement.
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Applicable Facility means the HOT lanes in the Express Lanes Network and the general purposes lanes that operate alongside such HOT lanes.
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Examples of Applicable Facility in a sentence

  • While the amounts in Item #7 above list loan amounts with respect to the Applicable Facility and participation as of the Participation Date, such outstanding amounts could change over time as the Eligible Borrower prepays or repays principal or as certain interest payments are capitalized and added to the principal amount of the Eligible Loan, among other reasons (such increases or decreases to the principal amount of the Eligible Loan, the “Principal Amount Adjustments”).

  • DISCUSSION State FS agencies must “establish a claim against any household that has received more [FS] benefits than it is entitled to receive.” 7 CFR § 273.18(a).

  • In such a case, the Applicable Facility Owner shall once again be required to demonstrate that the conditions set forth in section 2478.22(a)(4) above have been met.

  • Such adjustments shall be given prospective effect only, effective as to all Advances outstanding hereunder, the Applicable Facility Fee Percentage and the Applicable Letter of Credit Percentage, upon the date of delivery of the financial statements under Sections 6.1(a) and 6.1(b) hereunder and the Certificate of Compliance under Section 6.1(e) hereof, in each case establishing applicability of the appropriate adjustment and in each case with no retroactivity or claw-back.

  • Each Independent External Monitor conducting an independent external monitoring visit of an Applicable Facility of a Participating Company shall provide to the Association and the Participating Company a standardized report on such Facility, describing any significant and/or persistent patterns of noncompliance, or instances of serious noncompliance, with the Workplace Code or Monitoring Principles found at the Applicable Facility by the Independent External Monitor.


More Definitions of Applicable Facility

Applicable Facility as defined in Section 4.7.
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Applicable Facility means each of the Revolving Credit Facility, the New Vehicle Floorplan Facility and the Used Vehicle Floorplan Facility.
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Applicable Facility has the meaning specified in Section 11.06(b).
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Applicable Facility. Each of the Pool 1 Facilities, the Pool 2 Facilities and the Pool 3 Facilities, but specifically excluding the Removal Facilities.
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Applicable Facility means the Revolving Facility, the Term Loan Facility and/or the Incremental Term Loan Facility, as applicable.
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Applicable Facility has the meaning specified in Section 11.06(b). "Applicable Rate" means with respect to any Type of Loan, the percentages per annum set forth below, based upon the Average Availability for the immediately preceding fiscal quarter: 1.00%1.50% Term SOFR Loans 0.50% Base Rate Loans II < 50% 2.25% Level 1.25%1.75% I .75% From the FifthSeventh Amendment Effective Date through the end of the first full fiscal quarter thereafter, margins shall be determined as if Level I were applicable. Thereafter, any increase or decrease in the Applicable Rate resulting from a change in Average Availability shall become effective as of the first calendar day of each fiscal quarter. Average Availability shall be calculated by the Administrative Agent based on the Borrowing Base Certificates delivered from time to time pursuant to Section 3.02 (as the same may be adjusted in accordance with Section 3.02) and, with respect to Reserves and outstanding Loans and L/C Obligations, Administrative Agent’s records and Credit Judgment. If any Borrowing Base Certificate (including any required financial information in support thereof) of Borrowers is not received by Administrative Agent within five Business Days of the date required pursuant to Section 3.02, then the Applicable Rate shall be determined as if the Average Availability for the immediately preceding fiscal quarter is at Level II until such time as such Borrowing Base Certificate and supporting information are received. "Applicable Share" has the meaning specified in Section 11.06(b). "Applicable Time" means, with respect to any requests for Letters of Credit and payments in any Alternative Currency, the local time in the place of settlement for such Alternative Currency as may be determined by the Administrative Agent or the L/C Issuer to be necessary for timely settlement on the relevant date in accordance with normal banking procedures in the place of payment. "Approved Fund" means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. "Arrangers" means (a) BofA Securities, Inc. (or any other registered broker-dealer wholly-owned by Bank of America Corporation to which all or substantially all of Bank of America Corporation’s or any of its subsidiaries’ investment banking, commercial lending services or related businesses may be transferred following the date of this Agreement) and (b) JPMorgan Chase Bank, N.A....
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