Credit Facility Agreement definition

Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

Credit Facility Agreement means the reimbursement agreement, bond insurance agreement or similar agreement between the Issuer and any Credit Facility Provider.

Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

Examples of Credit Facility Agreement in a sentence

• The Bank is entitled, at any time throughout the duration of the revocable Facility Limit, mentioned as such in the Credit Facility Agreement or of the Credit Facility used based on the Facility Limit, irrespective of the occurrence of any Event of Default and without any prior formalities, to diminish or cancel the Facility Limit or to accelerate the Credit Facility.

• The Credit Facility to be granted under the Credit Facility Agreement shall be evidenced by one or more Promissory Notes and the relevant extension sheets thereof, subscribed by the Debtor to the order of the Creditor.

• The Bank is entitled, at any time throughout the duration of the revocable Facility Limit mentioned as such in the Credit Facility Agreement or of the Credit Facility utilised based on the Facility Limit, irrespective of the occurrence of any Event of Default and without any prior formalities, to diminish or cancel the Facility Limit or to accelerate the Credit Facility.

• The provisions of Chapter 1 (General provisions) hereof shall apply accordingly to the Credit Facility Agreement entered into between the Borrower and the Bank pursuant to which a Guarantee Facility is made available to the Borrower.

• Subject to the provisions of the Credit Facility Agreement or the relevant Security Agreements, each of them is the legal and beneficial owner (in Romanian, proprietar legal si unic) of, and has good and valid title (in Romanian, titlu valabil şi neafectat de condiţii) to, each of its assets which is expressed to be the subject of the Security Agreements.

More Definitions of Credit Facility Agreement

Credit Facility Agreement shall have the meaning set forth in the definition of “Credit Facility” in this Section 1.1.

Credit Facility Agreement means any agreement between the Company and the Provider and relating to the Credit Facility then in effect. The initial Credit Facility Agreement is that Insurance Agreement dated as of September 1, 1999 between Ambac and the Company.

Credit Facility Agreement means this agreement, as the same shall be amended, modified or supplemented from time to time;

Credit Facility Agreement means the agreement, if any, pursuant to which any Credit Facility is issued. When used with reference to any Bonds, “Credit Facility Agreement” means the Credit Facility Agreement under which any Credit Facility securing such Bonds shall have been issued.

Credit Facility Agreement means the Credit Facility Agreement dated September 26, 2002, among the Secretary of State for Trade and Industry, British Energy plc and others, as extended by the Extension and Amendment Agreement, dated November 28, 2002 and the Further Extension and Amendment Agreement, dated March 7, 2003.

Credit Facility Agreement means the Credit Agreement, dated as of June 30, 2004, by and among Borrower, each of the Guarantors (as defined therein), Citicorp North America, Inc. and PNC Bank, National Association, as co-administrative agents, and the banks, financial institutions, other institutional lenders and issuers of letters of credit listed on the signature pages thereto, as amended, modified, supplemented, extended or restated or refinanced from time to time.

Credit Facility Agreement means an agreement between the Authority and a Credit Issuer pursuant to which the Credit Issuer issues a Credit Facility and may include a related Reimbursement Obligation. The term Credit Facility Agreement shall not include an agreement with respect to a Reserve Account Credit Facility.