Committed Facilities definition

Committed Facilities means any credit facility, liquidity facility or other financing arrangement (other than this Agreement and any Permitted Receivables Financing) pursuant to which the Company or any of its Subsidiaries may be advanced funds, provided that (a) each such facility or arrangement is a committed facility, (b) there are no restrictions on the use of proceeds of each such facility or arrangement and (c) the maturity date of each such facility or arrangement is at least 30 days beyond the maturity date of the 2017 Notes and the 2018 Notes.
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Committed Facilities collectively, the Dollar Working Capital Facility Committed Tranche, the Multicurrency Working Capital Facility and the Acquisition Facility.
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Committed Facilities. ’ means the bank facilities under (1) a facility agreement dated on
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Examples of Committed Facilities in a sentence

  • Any drawings by Double Favour under the Committed Facilities shall be made concurrently in a pro-rated manner in the ratio of 6 : 4 : 15.

  • Any outstanding principal amount under the Committed Facilities is not subject to a fixed loan tenor or the right of demand by the lender and may be repaid by Double Favour from time to time, in whole or in part, as the board of directors of Double Favour considers appropriate, provided that any repayment shall be made in proportion to the then outstanding principal amounts under the respective Committed Facilities provided by the relevant DF Shareholders.

  • Do not include TBA sales which are part of a Dollar Roll, as defined under products I.S.3 or O.S.3.I.O.4: Undrawn Committed Facilities PurchasedRefers to legally binding agreements that provide the reporting entity with the ability to draw funds at a future date.

  • The interest due and payable shall be paid in arrears together with any repayment of outstanding principal of the Committed Facilities.

  • Do not include undrawn facilities available to the reporting firm from external financial institutions in this line, but in Line5.40 (Undrawn Committed Facilities Offered from External Financial Institutions).

  • The premium is a nominal consideration and the DF Call Option Price has been determined mainly based on the expected actual contribution to be made by Uptodate to Double Favour by way of shareholders’ loans under the Funding Obligations and the Committed Facilities as well as an appropriate investment return with reference to the applicable PBOC Rate if EGL exercises such option after six months of the Disposal Completion Date.

  • In view of the above, we consider that the Repayment Priority and the DF Charged Shares are sufficient to protect the Independent Shareholders’ interest under the Committed Facilities.

  • Double Favour shall not be entitled to pay or repay any other shareholder loans or any loans owing by any member of the Double Favour Group to Favour Choice and/or Best Task or declare, pay or make any dividends or other distributions unless and until all outstanding principal amounts under the Committed Facilities and interest accrued thereon have been paid and settled in full (the ‘‘Repayment Priority’’).

  • In the event that the Committed Facilities shall be required in the fullest extent, the maximum committed credit facility attributable to Uptodate’s interest will be RMB77,280,000, while the maximum committed credit facility attributable to the interests of UBC and Best Task (on behalf of EGL) in Double Favour will be RMB115,920,000 and RMB289,800,000 respectively.

  • Among others, Uptodate (as a DF Shareholder) shall provide the shareholders’ loans to Double Favour according to the Funding Obligations (being a committed pro-rata shareholders’ loan) and the Committed Facilities (being a committed non pro-rata shareholders’ loan) under the Shareholders’ Agreement.


More Definitions of Committed Facilities

Committed Facilities means the Initial Facilities and the PA Required Expansion Facilities, collectively.
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Committed Facilities means, collectively, the Revolving Facility, the Used Vehicle Flooring Facility, the Wholesale Leasing Facility, and the Daily Rental Facility. (46) “Compliance Certificate” means a compliance certificate substantially in the form attached as Schedule 1.1(46) signed by a Responsible Officer of Master Borrower. (47) “Contaminant” means any solid, liquid, gas, odour, heat, sound, vibration, radiation or combination of any of them that may (a) impair the quality of the environment for any use that can be made of it, (b) injure or damage property or plant or animal life, (c) harm or materially discomfort any Person, (d) adversely affect the health of any individual, (e) impair the safety of any individual, (f) render any property or plant or animal life unfit for use by man, or (g) cause loss of enjoyment of normal use of property, and includes any “contaminant” within the meaning assigned to such term in any Environmental Law. (48) “Contingent Obligation” means any guarantee of Debt of any other Person or any agreement to maintain the net worth, working capital or other financial condition of any other Person in respect of such other Person’s Debt, whether direct, indirect or contingent, including, without limitation, any purchase or repurchase agreement, comfort letter, or keep-well, take-or- pay, through-put or other arrangement of whatever nature having the effect of assuring or holding harmless any Person against loss with respect to any Debt of such other Person; provided, however, that the term “Contingent Obligation” shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount of any Contingent Obligation shall be deemed to be an amount equal to the stated or determinable amount of the primary obligation in respect of which such Contingent Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined in good faith by the Person subject to such obligation. (49) “Contracts in Transit” means all amounts due to a Borrower from any financial institution on retail finance contracts from vehicle sales, including amounts receivable from wholesale sales (excluding financial institutions or finance companies which are Affiliates of a Borrower). (50) “Contract Period” means the thirty (30) days with respect to CDOR Loans and with respect to Letters of Credit, the period selected by the applicable Borrower in accordance with
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Committed Facilities collectively, the Dollar Working Capital Facility Committed Tranche, the Multicurrency Working Capital Facility and the Acquisition Facility. USActive 56005294.156005294.9 -34-
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Committed Facilities means facilities for borrowing (excluding facilities repayable on demand) made available to any member of the Group by third party financial institutions:
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Committed Facilities collectively, the Dollar Working Capital Facility Committed Tranche, the Multicurrency Working Capital Facility and the Acquisition Facility. “Committed Facilities Credit Exposure”: as to any Committed Lender at any time, the Dollar Working Capital Facility Committed Tranche Credit Exposure of such Committed Lender plus the Multicurrency Working Capital Facility Credit Exposure of such Committed Lender plus the Acquisition Facility Credit Exposure of such Committed Lender. “Committed Facilities Credit Exposure Percentage”: as to any Committed Lender at any time, the fraction (expressed as a percentage), the numerator of which is the Committed Facilities Credit Exposure of such Committed Lender at such time and the denominator of which is the aggregate Committed Facilities Credit Exposures of all of the Committed Lenders at such time. “Committed Lenders”: the Dollar Working Capital Facility Committed Tranche Lenders, the Multicurrency Working Capital Facility Lenders and the Acquisition Facility Lenders. “Commodity Account”: any “Commodity Account” as defined in Section 9-102 of the UCC, any “futures account” as defined under the PPSA and any “securities account” as defined in the Quebec STA in which is held “commodity futures contracts”, “security futures contracts”, “financial instrument futures contracts” and other similar “futures contracts”, as such terms are defined in the Quebec STA. “Commodity Contract”: (a) a Physical Commodity Contract, (b) any Commodity OTC Agreement or (c) a contract for the storage or transportation of any physical Eligible Commodity. “Commodity Exchange Act”: the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute. “Commodity OTC Agreement”: (i) any forward commodity contract (excluding any Forward Contract which is a Physical Commodity Contract), swap, option, collar, cap or floor transaction, in each case based on Eligible Commodities and (ii) any other similar transaction (including any option to enter into any of the foregoing) or any combination of the foregoing. “Commonly Controlled Entity”: an entity, whether or not incorporated, which is under common control with the U.S. Borrower within the meaning of Section 4001(a)(14) of ERISA or is part of a group which includes the U.S. Borrower and which is treated as a single employer under Section 414(b), (c), (m) or (o) of the Code.
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Related to Committed Facilities

  • Related facilities means any ancillary facilities owned by the Company which are —

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Authorized Facilities means the public facilities authorized to be financed, in whole or in part, by the CFD.

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Railroad facilities means right of way and related

  • associated facilities means all associated track structures, over and under track structures, supports (including supports for equipment or items associated with the use of the Network), tunnels, bridges, train control systems, signalling systems, communication systems and associated plant, machinery and equipment from time to time but only to the extent that such assets are related to or connected with the Network but does not include any sidings or yards;

  • Affected facility means, with reference to a stationary source, any apparatus to which a standard is applicable.

  • New Facilities means facilities for which, by the cut-off date, neither of the following events has occurred:

  • Public facilities means amenities that are—

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Shared Facilities means the gentie lines, transformers, substations, or other equipment, permits, contract rights and obligations, and other assets and property (real or personal), in each case, as necessary to enable delivery of energy from Seller’s electric generating facility (which is excluded from this definition of Shared Facilities) to the Point of Interconnection that are used in common with other entities, as applicable.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Public facility means 1 or more of the following:

  • Common Facilities means the facilities under D.G.sets/D.G.rooms, water storage tanks its pumping and supply system, sewerage & drainage systems, electric sub-station/ transformers/electric panels/distribution network, maintenance service rooms, lawns including lighting & services etc., roads, pathways & driveways including street lighting & services etc., guard posts, fire hydrants & fire fighting system etc. and all such facilities and areas for common use and excluded from the computation of Super Area of the Said Premises;

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

  • Cannabis cultivation facility means a person that:

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Licensed facility means a facility licensed by the department under section 137 or an adult foster care facility.

  • Common Areas and Facilities means collectively the Development Common Areas and Facilities and the Residential Common Areas and Facilities and all those parts and such of the facilities of the Development designated as common areas and facilities in any Sub-Deed;

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • Parking Facilities means parking lots or other off-street areas for the parking of vehicles, including areas below or above the surface of streets.