Facility Arrangement Clause Samples
The Facility Arrangement clause defines the terms and structure under which a lender provides a financial facility, such as a loan or line of credit, to a borrower. It typically outlines the amount available, the conditions for drawing funds, and the roles of any involved parties, such as arrangers or agents. This clause ensures that both parties clearly understand the framework and operational mechanics of the facility, thereby reducing misunderstandings and facilitating smooth financial transactions.
Facility Arrangement. Notwithstanding anything to the contrary contained herein, Cadence UK shall cause Cadence UK to retain ownership of the Livi▇▇▇▇▇▇ ▇▇▇ility and lease a certain portion of that space to Symbionics pursuant to the Real Estate Matters Agreement. The Tality Parties shall cause Symbionics to compensate Cadence for services related to its occupancy of the Livi▇▇▇▇▇▇ ▇▇▇ility pursuant to the Master Corporate Services Agreement.
Facility Arrangement. Notwithstanding anything to the contrary contained herein, Seller shall retain ownership of the Livi▇▇▇▇▇▇ facility and lease a certain portion of that space to Buyer pursuant to mutually agreed upon terms. Buyer shall compensate Parent or Seller for services related to its occupancy of the Livi▇▇▇▇▇▇ ▇▇▇ility pursuant to mutually agreed upon terms.
Facility Arrangement. Notwithstanding anything to the contrary contained herein, Seller shall retain ownership of the ▇▇▇▇▇▇▇▇▇▇ facility and lease a certain portion of that space to Buyer pursuant to mutually agreed upon terms. Buyer shall compensate Seller for services related to its occupancy of the ▇▇▇▇▇▇▇▇▇▇ facility pursuant to mutually agreed upon terms.