Alternative Facility means any revolving credit facility, working capital facility, Permitted Securitization or accounts receivable facility (other than a Permitted Factoring) (including letters of credit and reimbursement obligations with respect thereto and Interest Rate Agreements and/or Currency Agreements secured hereunder) incurred by any Subsidiary of Holdings (or Securitization Subsidiary) and, if applicable, secured solely by Alternative Facility Liens that are permitted to be incurred hereunder; provided, no later than the date that is 30 days after the date on which such Indebtedness is incurred by any such Subsidiary, such Indebtedness is designated by Holdings or Tronox US, in a certificate of an Authorized Officer delivered to Administrative Agent, as “Alternative Facility Debt.”
Alternative Facility means (i) one or more debt facilities or other financing arrangements with banks or other institutional lenders providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit Incurred by any Subsidiary of Parent and secured solely by Liens upon one or more assets comprising collateral (A) of the relevant Subsidiary of Parent that is an obligor or provides credit support to such obligor under the relevant Alternative Facility and (B) that secures the ABL Facility, in each case, as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time and (ii) any Credit Facility.
Alternative Facility means any alternative hospitality facility at the Event that ASM makes available to the Client or any Client Party in the circumstances described in clause 4.3;
Examples of Alternative Facility in a sentence
If no such fee has been published, the Client and NRL will negotiate in good faith as to the revised Total Fee for the Alternative Facility.
If the Client rejects an Alternative Facility offered by NRL, this Agreement may be terminated by the either party by written notice.
If, in respect of any Event, the Facility is not available for use by the Client for any other reason, NRL will endeavour to offer the Client an Alternative Facility for the specified Event.
The exact particulars of the Alternative Facility will be at the sole discretion of NRL.
Where an Alternative Facility is offered to the Client by NRL under Condition 4.3(a), the Client may accept or reject the Alternative Facility by providing written notice to NRL.
More Definitions of Alternative Facility
Alternative Facility has the meaning set forth in Section 5.14(a).
Alternative Facility means a facility selected by SATC and offered to the Client in place of a Facility, in accordance with clause 6.
Alternative Facility means, as of any day, the short term, uncommitted working capital loan facility of the Company with any Bank or Affiliate thereof other than those, if any, provided for in the Loan Documents.
Alternative Facility means (i) any note purchase agreement entered into between the Sellers and Steamboat Funding Corporation, (ii) the GCM Repurchase Facility, and (iii) any financing, purchase, note purchase, repurchase or similar facility (other than the facility created by this Agreement) entered into between (a) the Buyer and the Sellers (or any of their Affiliates or Subsidiaries), or (b) the Sellers (or any of their Affiliates or Subsidiaries) and any other entity which is introduced to the Sellers (or any of their Affiliates or Subsidiaries) by the Buyer and which facility is arranged by the Buyer.
Alternative Facility means any revolving credit facility, working capital facility, Permitted Securitization or accounts receivable facility (including letters of credit and reimbursement obligations with respect thereto and Interest Rate Agreements and/or Currency Agreements secured thereunder) incurred by any Foreign Subsidiary (or Securitization Subsidiary) of Borrower and secured by Alternative Facility Liens that are permitted to be incurred hereunder; provided, that (i) on or before the date on which such Indebtedness is incurred by any Foreign Subsidiary, such Indebtedness is designated by Borrower, in a certificate of an Authorized Officer delivered to Administrative Agent, as “Alternative Facility Debt” and
Alternative Facility means a facility other than the Disposal Facility, which is approved by Council under clause 5.4 for either or both of receiving and Disposing of Delivered Material under this Agreement. Application means any application for an Approval relating to the Services including, for the avoidance of doubt, applications specifically defined in this Agreement such as an Application for a Planning Approval. Approval means:
Alternative Facility means an alternative Facility which SGPPL may provide in its sole and absolute discretion, in the circumstances described in Clause 9.1(b);