Additional Facility definition

Additional Facility is defined in Section 7.01.

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Additional Facility means an additional term or revolving facility referred to in Section 2.14 and “Additional Facilities” means all or any such Additional Facilities.

Additional Facility shall have the meaning ascribed to such term in Article 16.1;

Examples of Additional Facility in a sentence

• As long as this requirement is not met, each Contracting Party agrees that the dispute shall be submitted to Arbitration Pursuant to the Provisions of the Additional Facility of the I.C.S.I.D.; The Arbitral Court of the International Chamber of Commerce in Paris; The Arbitration Institute of the Chamber of Commerce in Stockholm.

• At any time and from time to time, any TRS or any Affiliate of a TRS (an “Additional TRS”) which enters into a management agreement with Manager (an “Additional Management Agreement”) for the operation of an additional senior living facility (an “Additional Facility”), may, with the consent of Manager and TRSes become a party to this Agreement with respect to such Additional Facility by signing an accession agreement confirming the applicability of this Agreement to such Additional Facility.

• That person shall become a Lender on the date specified in the Additional Facility Joinder Agreement.

• Until that moment the dispute shall be submitted to conciliation or arbitration procedure to be mutually agreed upon on the basis of the Convention or Additional Facility.

• Each Additional Facility Commitment shall terminate on the date specified in the relevant Additional Facility Joinder Agreement.

More Definitions of Additional Facility

Additional Facility has the meaning set forth in Section 2.2(b).

Additional Facility means an Add-On Facility or an External Facility. Add-On Facility Accession Agreement means an accession deed pursuant to which any person or entity accedes to the Credit Agreement as provider of an Add-On Facility.

Additional Facility means an additional term or revolving loan facility referred to in Clause 2.2 (Additional Facilities) and Additional Facilities means all or any such Additional Facilities.

Additional Facility has the meaning given to such term in Clause 2.9(a) (Additional Facility).

Additional Facility means an additional term loan facility referred to in Clause 2.2 (Additional Facilities) and Additional Facilities means all or any such Facilities.

Additional Facility means an additional facility (term or revolver) referred to in Section 2.14 and “Additional Facilities” means all or any such Additional Facilities.

Additional Facility shall have the meaning specified in Section 4.4 of the Ground Lease.