JV Facility definition

JV Facility means (i) the Master Repurchase Agreement dated as of June 1, 2006 between BMO Capital Markets Corp., each Bank Principal and each Conduit Principal (as such terms are defined therein), PHH Home Loans, LLC, Axiom Financial LLC, Preferred Mortgage Group LLC, RMR Financial LLC and NE Moves Mortgage LLC, and (ii) the Revolving Credit Agreement dated as of September 30, 2005 among PHH Home Loans, LLC, Barclays Bank PLC, and Bank of Montreal as administrative agent for the Lenders (as defined therein), each amended, supplemented or modified from time to time.
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JV Facility means (i) the Master Repurchase Agreement dated as of June 1, 2006 between BMO Capital Markets Corp., each Bank Principal and each Conduit Principal (as such terms are defined therein), PHH Home Loans, LLC, Axiom Financial LLC, Preferred Mortgage Group LLC, RMR Financial LLC and NE Moves Mortgage LLC, and (ii) the Revolving Credit Agreement dated as of September 30, 2005 among PHH Home Loans, LLC, Barclays Bank PLC, 11 and Bank of Montreal as administrative agent for the Lenders (as defined therein), each amended, supplemented or modified from time to time. “Landscape Loan” shall mean a Loan that substantially conforms to the Agency Guidelines, except (i) maintenance of a PMI Policy may not be required, (ii) such Loan may be not an FHA Loan or VA Loan and (iii) if not required by Agency Guidelines, there may be not be an appraisal of the related Mortgage Property. “Landover Facility” shall mean the Master Repurchase Agreement dated as of February 1, 2008 between Countrywide Bank, FSB, as buyer and Landover Mortgage, LLC, as seller, as amended, supplemented or modified from time to time. “LIBO Base Rate” shall mean with respect to each day on which a Transaction is outstanding (or if such day is not a Business Day, the next succeeding Business Day), the rate per annum equal to the rate published by Bloomberg or if such rate is not available, the rate appearing at page 3750 of the Telerate Screen, as one-month LIBOR on such date, and if such rate shall not be so quoted, the rate per annum at which Buyer is offered Dollar deposits at or about 11:00 A.M., New York City time, on such date by prime banks in the interbank eurodollar market where the eurodollar and foreign currency and exchange operations in respect of its Transactions are then being conducted for delivery on such day for a period of one month and in an amount comparable to the amount of the Transactions to be outstanding on such day. “LIBO Rate” shall mean with respect to each Interest Period pertaining to a Transaction, a rate (reset on a monthly basis) per annum determined by Buyer in its sole discretion in accordance with the following formula (rounded upwards to the nearest l/100th of one percent), which rate as determined by Buyer shall be conclusive absent manifest error by Buyer: LIBO Base Rate
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JV Facility means a PET manufacturing facility (i) owned or leased by a JV Party and (ii) operated by a JV Party, whether existing as of the Effective Date or acquired or leased by a JV Party during the Term of this Agreement.
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Examples of JV Facility in a sentence

  • Without limitation of the foregoing, the financial covenants and the compliance certifications contained in the JV Facility Documentation shall apply to GPI and its restricted subsidiaries and not to Gazelle and its restricted subsidiaries.

  • From GPI, a counterpart to a facility fee letter, to be dated the JV Closing Date (the “JV Closing Date Fee Letter”), providing for the payment by GPI of the annual administrative agency fee in an amount equal to the administrative agency fee set forth in the Fee Letter and the agreement by GPI to comply with the flex provisions of the Fee Letter to the extent applicable to the JV Facility Agreement.

  • Upon request by the Potential Partners or a JV Entity with respect to the application of the Axens Processes at a JV Facility, Gevo will provide services for the design and development of low carbon intensity (CI) processes and ​ ​ engineering support related to the application of the Axens Processes pursuant to an engineering services agreement (the “ESA”), the form of which shall be mutually agreed to by the Parties, subject to additional consideration payable to Gevo as contemplated by such ESA.

  • The JV Facility will be operated and managed by IPWG on behalf of the Project Company and IPWG may charge a reasonable management fee to the JV consistent with other IPWG facilities subject to any distinguishing factors from such facilities, and if no such other facilities are then in operation, IPWG may charge a reasonable fee based on relevant factors.

  • With respect to each Milestone and until the occurrence of such Milestone, the Potential Partners shall cause each applicable JV Entity to maintain the records of its applicable JV Facility underlying its determination of, as applicable, [*****] (being the Second Milestone), [*****] (being the Third Milestone) and the [*****] (being the Fourth Milestone) (such records, as applicable to each such Milestone, “Applicable Milestone Records”).

  • Like the NuStar JV Facility, the Term Loan must be repaid in full on September 28, 2019.

  • Asphalt JV funded the purchase of that inventory with proceeds from borrowings under a third-party asset-based revolving credit facility (the Third-Party Financing) and a $250.0 million unsecured revolving credit facility provided by NuStar Energy (the NuStar JV Facility).

  • SEPA shall transfer and assign and contribute, at its sole expense, to the Project Company all permits, licenses and government approvals (“Permits”) that SEPA already possesses and which are necessary or helpful to the construction of the JV Facility or the operations of the Project Company on or before December 15, 2006, and will assist Project Company with securing all other Permits that are necessary or helpful to the construction of the JV Facility or the operations of the Project Company.

  • The results of a recent search by a Person reasonably satisfactory to the Administrative Agent, of the Uniform Commercial Code filings with respect to the JV Facility Loan Parties in the jurisdictions set forth in Schedule 3 of the JV Facility Guarantee and Collateral Agreement.

  • During the Royalty Compensation Period of each JV Facility, the Potential Partners shall cause the applicable JV Entity to maintain the records of such JV Facility with respect to the number of Renewable Hydrocarbons ​ ​ produced by such JV Facility for the immediately preceding calendar year (such records “Applicable Production Records”).


More Definitions of JV Facility

JV Facility means a WTE Plant to be built and operated by the Project Company as contemplated by this Agreement.
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JV Facility means any such facility individually.
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Related to JV Facility

  • 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;

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

  • Holding facility means a designated area for the retention of

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

  • Clean coal SNG facility means a facility that uses a

  • Facility means the entire operation located on the property where the Equipment is located;

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

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

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • 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.

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

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

  • Tanning facility means a place that provides access to tanning devices for compensation.

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

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

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

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

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Public facility means 1 or more of the following:

  • Marihuana facility means a location at which a licensee is licensed to operate under the medical marihuana facilities licensing act.

  • Clean coal facility means an electric generating

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • 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

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.