Bank Guarantee Facility definition

Bank Guarantee Facility means a facility entered into by a bank or other financial institution for the issuance of one or more Bank Guarantees.

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Bank Guarantee Facility means a facility accorded to any exporter or importer to export or import any goods on the basis of bank guarantee.

Bank Guarantee Facility means the bank guarantee facility (as amended from time to time including by the Amendment and Restatement Deed dated October 2, 2023) between the Company and National Australia Bank Limited disclosed in the Data Room (including in connection with the bank guarantee issued by National Australia Bank Limited with a face value of $278,624.00 in respect of the leased premises at Levels 2 and 3, 551 Swanston Street, Carlton VIC 3053).

Examples of Bank Guarantee Facility in a sentence

As used herein: (A) “Relevant Date” means (i) with respect to each Indigo Bank Guarantee Facility other than the IATA Bank Guarantee, the date falling 60 days after the Closing Date and (ii) with respect to the IATA Bank Guarantee, June 30, 2017.
They are: Part B: Business Term Loan Part C: Business Overdraft Facility Part D: Market Rate Loan (PRODUCT NOT ON SALE) Part E: Bank Guarantee Facility.
Furthermore, it is clarified that the non-utilization fee for the Loan Facility and/or the non-utilization fee for the Bank Guarantee Facility, as defined in section 28.2 below, shall continue to be paid as scheduled, including in respect of the period from the date of the delivery of the Termination Notice by the Borrower to the Requested Termination Date, as defined above.
Bank Guarantee Facility the Multi-Currency Facility Agreement dated 15 March 2018 between the EMG Borrower, the EMG Guarantors, EMG Fund IV GP, LP, EMG Fund IV Management, LP and Australia and New Zealand Banking Group Limited.
Bank Guarantee the Bank Guarantee to be issued by the Bank under the Bank Guarantee Facility in the form and content acceptable to the Bank, or in such form and content as the Bank may prescribe from time to time, and the expression shall include any extensions or renewal thereof.
Indebtedness under Credit Facilities outstanding on the date on which Notes are first issued and authenticated under this Indenture will initially be deemed to have been incurred on such date in reliance on the exception provided by clause (1) of the definition of Permitted Debt, other than Indebtedness under the Subconcession Bank Guarantee Facility which will be deemed to be incurred under clause (2) of the definition of Permitted Debt..
By signing this Bank Guarantee Facility (“Facility”), you confirm that you have read and acknowledge the following.
BG Facility the Bank Guarantee Facility to be granted by the Bank to the Borrower subject to the terms and conditions in this Agreement.

More Definitions of Bank Guarantee Facility

Bank Guarantee Facility means the facility described in ARTICLE IIIA hereof providing for the issuance by the Applicable Bank Guarantee Issuer for the account of a UK Facility Borrower of Bank Guarantees in an aggregate amount at any time outstanding not to exceed the Total Bank Guarantee Commitment minus outstanding Reimbursement Obligations arising from Bank Guarantees.

Bank Guarantee Facility means the Facility described as such in schedule 2 and granted pursuant to clause 4.1(a)(ii). Base Rate means, in relation to a Pricing Period:

Bank Guarantee Facility means the collective reference to one or more bank guarantee facilities to support bonding requirements; provided that the aggregate amount thereof shall not exceed $300,000,000.

Bank Guarantee Facility means the Facility described as such in schedule 2 and granted pursuant to clause 4.1(a)(iii).