Additional CAPEX Facility definition

Additional CAPEX Facility has the meaning given to it in clause 11.1(a)(ii) with respect to the Operator DFA or the Mine Owner DFA (as applicable);
Additional CAPEX Facility means the term loan facility to be made available by the Lender pursuant to clause 2.1(c) (Facilities);

Examples of Additional CAPEX Facility in a sentence

  • The representative of the Debt Facilities Provider shall be the chairman of the Operating Committee unless and until such time that all CAPEX Availability Periods for the Mine Owner DFA have expired and all amounts outstanding under the CAPEX Facility and the Additional CAPEX Facility under the Mine Owner DFA have been fully satisfied.

Related to Additional CAPEX Facility