Ancillary Facility Request definition
Ancillary Facility Request means a notice substantially in the form set out in Part IV of Schedule 3 (Requests).
Ancillary Facility Request means a notice requesting the establishment of an Ancillary Facility substantially in the form set out in Schedule 19 (Form of Ancillary Facility Request).
Ancillary Facility Request means a notice substantially in the form set out in part 4 of schedule 3 (Requests) Ancillary Lender means a Lender which agrees to make available an Ancillary Facility in accordance with clause 15 (Ancillary Facilities) Ancillary Outstandings means, at any time and in relation to an Ancillary Facility, the aggregate face value (calculated in the Base Currency) of all letters of credit issued under that Ancillary Facility determined by the relevant Ancillary Lender in accordance with normal banking practice at that time for calculating exposure under similar facilities (acting reasonably and after consultation with the Agent) For the purposes of this definition:
Examples of Ancillary Facility Request in a sentence
Terms defined in the Agreement have the same meaning in this Ancillary Facility Request unless given a different meaning in this Ancillary Facility Request.
We confirm that each condition specified in paragraphs (a) and (b) of Clause 9.4 (Grant of Ancillary Facility) is satisfied on the date of this Ancillary Facility Request.
We confirm that each condition specified in paragraphs (a) and (b) of Clause 10.5 (Grant of Ancillary Facility) is satisfied on the date of this Ancillary Facility Request.
More Definitions of Ancillary Facility Request
Ancillary Facility Request means a notice substantially in the form set out in Part III of Schedule 3 ( Ancillary Facility Request ). “ Ancillary Lender ” means a Designated Facility B Lender which makes available an Ancillary Facility in accordance with Clause 6 ( Ancillary Facilities ).