Establishment of Facilities Sample Clauses

Establishment of Facilities. On the Closing Date, and subject to and upon the terms and conditions of this Agreement and the other Loan Documents:
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Establishment of Facilities. For a period of eighteen months after the Closing Date, Seller shall not establish a branch office, automated teller machine, or other facility or office or implement the placement of similar facilities or equipment owned by Seller of any Affiliate in the Region. Notwithstanding the foregoing sentence, Seller or its Affiliates shall not be prevented from acquiring, being acquired by, or merging into or consolidating with any financial institution.
Sample 1
Establishment of Facilities. Subject to the terms and conditions hereof, the Banks hereby establish credit facilities for the Companies, consisting of a Revolving Loan Facility under which the Banks may make Revolving Loans, including Foreign Currency Loans, in accordance with subsections 2.2 through 2.16 hereof, a Swing-Line Loan Facility under which the Administrative Agent may make Swing-Line Loans in accordance with subsection 2.17 hereof, an Acceptance Facility under which the Administrative Agent may create Acceptances in accordance with subsection 2.18 hereof, a Bid Banker’s Acceptance Facility under which the Banks may create Bid Banker’s Acceptances in accordance with subsection 2.19 hereof, and a Bid Loan Facility under which the Banks may make Bid Loans in accordance with subsection 2.20 hereof; provided, however, that in no event shall the Companies be entitled to receive any Extension of Credit hereunder if, after giving effect thereto, the Total Outstandings would exceed the Total Commitments.
Sample 1
Establishment of Facilities. 10 PART 5 SERVICES....................................................... 10
Sample 1
Establishment of Facilities. The Contractor shall establish food service operations located within the MSGR. Offeror/Contractor shall coordinate with the COR on any additional equipment needs that are identified during the solicitation process. Contractor is responsible for cleaning of all dishes and kitchen equipment used in preparation and serving of meals. The designated site shall accommodate efforts to recycle plastics, glass, and paper apart from compostable food waste.
Sample 1
Establishment of Facilities. (a) Subject to the terms and conditions in this Agreement, the Facility 1 Lenders hereby establish a committed, revolving credit facility for the Borrower in the maximum principal amount of the Facility 1 Limit (“Facility 1”). Advances under Facility 1 may be used for working capital and general corporate purposes and also to assist the Borrower in completing the UCB Purchase Transaction (but not [REDACTED: REFERENCE TO POSSIBLE FUTURE PRODUCT ACQUISITION TRANSACTION]). Facility 1 shall be a revolving facility; and for greater certainty, the Borrower shall be entitled to obtain Advances under Facility 1 from time to time and repay all or any portion of the Outstanding Advances under Facility 1 from time to time, provided that the Outstanding Advances under Facility 1 shall not at any time exceed the Facility 1 Limit. Facility 1 shall also include (i) the Swingline, to a maximum amount equal to the Swingline Limit as provided in section 2.06; and (ii) the issuance of Letters of Credit to a maximum aggregate face amount not to exceed Two Million Five Hundred Thousand Dollars ($2,500,000) as provided in section 2.07.
Sample 1

Related to Establishment of Facilities

  • Condition of Facilities (i) Use of the Real Property of Purchaser for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to “permitted nonconforming” use or structure classifications. All Improvements are in compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Purchaser, no part of any Improvement encroaches on any real property not included in the Real Property of Purchaser, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

  • Office Facilities During the Employment Period, the Company will furnish Executive, without charge, suitable office facilities for the purpose of performing his duties hereunder, which facilities shall include secretarial, telephone, clerical and support personnel and services and shall be similar to those furnished to employees of the Company having comparable positions.

  • Termination of Facilities Declare the principal of and interest on the Loans, the Notes and the Reimbursement Obligations at the time outstanding, and all other amounts owed to the Lenders and to the Administrative Agent under this Agreement or any of the other Loan Documents (including, without limitation, all L/C Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented or shall be entitled to present the documents required thereunder) and all other Obligations (other than Hedging Obligations), to be forthwith due and payable, whereupon the same shall immediately become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived, anything in this Agreement or the other Loan Documents to the contrary notwithstanding, and terminate the Credit Facility and any right of the Borrower to request borrowings or Letters of Credit thereunder; provided, that upon the occurrence of an Event of Default specified in Section 12.1(j) or (k), the Credit Facility shall be automatically terminated and all Obligations (other than Hedging Obligations) shall automatically become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived, anything in this Agreement or in any other Loan Document to the contrary notwithstanding.

  • Banking Facilities CLAUSE 2.29 of the Disclosure Schedule sets forth ------------------ a true, correct and complete list of:

  • TEACHER FACILITIES A. Each school shall have the following facilities:

  • No Dedication of Facilities Any undertaking by one Party to the other Party under any provision of this Agreement shall not constitute the dedication of the system or any portion thereof by the Party to the public or to the other Party, and it is understood and agreed that any such undertaking under any provision of this Agreement by a Party shall cease upon the termination of its obligations hereunder.

  • Inspection of Facilities In order to meet their respective obligations under this Agreement, any Party may view or inspect facilities owned by another Party. Provided that reasonable notice is given, a Party shall not unreasonably deny access to relevant facilities for viewing or inspection by the requesting Party.

  • Access to Facilities Each of the Company and each of its Subsidiaries will permit any representatives designated by the Purchaser (or any successor of the Purchaser), upon reasonable notice and during normal business hours, at such person's expense and accompanied by a representative of the Company, to:

  • General Description of Facilities Subject to and upon the terms and conditions herein set forth, (i) the Lenders hereby establish in favor of the Borrower a revolving credit facility pursuant to which each Lender severally agrees (to the extent of such Lender’s Revolving Commitment) to make Revolving Loans to the Borrower in accordance with Section 2.2, (ii) the Issuing Bank agrees to issue Letters of Credit in accordance with Section 2.22, (iii) the Swingline Lender agrees to make Swingline Loans in accordance with Section 2.4, and (iv) each Lender agrees to purchase a participation interest in the Letters of Credit and the Swingline Loans pursuant to the terms and conditions hereof; provided, that in no event shall the aggregate principal amount of all outstanding Revolving Loans, Swingline Loans and outstanding LC Exposure exceed at any time the Aggregate Revolving Commitment Amount from time to time in effect.

  • Maintenance of Facilities 5.1 The Network Customer shall maintain its facilities necessary to reliably receive capacity and energy from the Host Transmission Owner’s transmission system consistent with Good Utility Practice. The Transmission Provider or Host Transmission Owner, as appropriate, may curtail service under this Operating Agreement to limit or prevent damage to generating or transmission facilities caused by the Network Customer’s failure to maintain its facilities in accordance with Good Utility Practice, and the Transmission Provider or Host Transmission Owner may seek as a result any appropriate relief from the Commission.

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