Capex Facility definition

Capex Facility means any credit facility or facilities provided by reputable banks or financial institutions to the Group for capital expenditures and/or acquisitions (and any refinancing, amendment or replacements thereof), in an aggregate principal amount not at any time exceeding the higher of (i) SEK 300,000,000 (or its equivalent in any other currency or currencies) and (ii) an amount equal to Consolidated EBITDA.

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Capex Facility means a Capex Loan in the principal amount of Five Hundred Thousand and No/100 Dollars ($500,000.00), converting to a Term Loan, for the purpose of financing the purchase of Equipment.

Capex Facility means any loan agreement entered into by an Obligor for the purposes of financing capital expenditure in accordance with the requirements of section 3.08 of the Intercreditor Agreement.

Examples of Capex Facility in a sentence

Loans (a) Each Capex Facility Borrower shall repay the aggregate outstanding Capex Facility Loans borrowed by it in full on the Termination Date in relation to the Capex Facility.
Lenders’ participation (a) If the conditions set out in this Agreement have been met, and subject to Clause 9.1 (Repayment of Term Facility Loans), Clause 9.2 (Repayment of Capex Facility Loans), Clause 9.3 (Repayment of Revolving Facility Loans), Clause 9.4 (Repayment of DSR Facility Loans) each Bank Facilities Lender shall make 46 164178262_52 its participation in each Loan available by the Utilisation Date through its Facility Office.
The Capex Facility, the DSR Facility, the Initial Revolving Facility and any Accordion Facility shall only be utilised on or following the Closing Date.

More Definitions of Capex Facility

Capex Facility means any one of them.

Capex Facility means the revolving capital expenditure facility referred to in Clause 2.1(b).

Capex Facility means the term loan facility described in Section 2.1(b)(ii).

Capex Facility means the Euro Capex Facility or the HUF Capex Facility.

Capex Facility means the senior capital expenditure facility made available under this Agreement as described in paragraph (d) of Clause 2.1 (The Facilities).

Capex Facility the AED 150 million and U.S.$40.8 million revolving credit and letter of credit facility agreement dated 21 May 2013 between, among others, ANMC and Standard Chartered Bank;

Capex Facility means the term loan facility made available under this Agreement as described in Clause 2.1.1(ii);