Committed Facility definition

Committed Facility means, at any time, the aggregate amount of the Banks' LC Commitment Amounts at such time.
Committed Facility means, at any time, the aggregate amount of the Lenders' WC Commitments at such time.
Committed Facility means any facility that is expressly identified as being committed facility in Clause 2(a) of the Facility Letter.

Examples of Committed Facility in a sentence

  • The provisions of this Subsection shall apply except to the extent any such provisions contravene the Committed Facility Agreement.

  • Subject to the Committed Facility Agreement (unless such agreement has been terminated or the commitment therein has expired), interest will be charged on any debit balances in the Accounts in accordance with the methods described in such statement or in any amendment or revision thereto which may be provided to Customer.

  • The provisions of this Subsection shall apply except to the extent any such provisions contravene the Committed Facility Agreement (as defined herein) and such Committed Facility Agreement has not been terminated or the commitment therein has not expired.

  • The following Events of Default shall apply only to the extent the Committed Facility Agreement has been terminated or the commitment therein has expired.

  • The provisions of this Subsection shall apply except to the extent any such provisions contravene the Committed Facility Agreement and such Committed Facility Agreement has not been terminated or the commitment therein has not expired.


More Definitions of Committed Facility

Committed Facility means a credit facility under which Guarantor is a borrower and a party acceptable to Buyer is lender, whereby (i) the lender thereunder is unconditionally committed to make advances to Guarantor upon request by Guarantor (other than any conditions acceptable to Buyer); (ii) no event of default (or event which with notice or the passage of time, or both, would constitute an event of default) has occurred thereunder; and (iii) the period where such advances may be requested expires more than ninety (90) days from the date of determination.
Committed Facility means any revolving or similar financing facility under which the borrower party thereto may incur Indebtedness up to an aggregate principal amount at any one time outstanding specified therein upon such borrower's request and subject only to such conditions as are normally included in committed financing arrangements;
Committed Facility means the unconditional and irrevocable USD 30,000,000 subordinated loan facility committed by Eramet SA and Mineral Deposits Limited and underwritten by Eramet SA as further set out in Clause 8.3.”
Committed Facility is defined in Section 3.
Committed Facility shall have the meaning assigned to such term in the Commitment Letter.
Committed Facility means the revolving credit facilities established under a credit agreement made as of December 21, 2011 among the Partnership, AES, HSBC and HSBC Bank USA, National Association pursuant to which the Partnership obtained a senior secured credit facility in an aggregate principal amount of CDN$70,000,000 and AES obtained a senior secured credit facility in an aggregate principal amount of US$50,000,000;