CRC Facility definition

CRC Facility means the facility described in clause 2 below;
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CRC Facility has the meaning set forth in the recitals. CRITICAL MILESTONE DELIVERY means a Milestone Delivery that is so designated on the Implementation Schedule. CRITICAL SERVICES means those Services so identified in SCHEDULE 3.02.
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CRC Facility means the facility described in Clause 2 below; “CRC outstanding balance” includes all costs, expenses, interest, fees, charges and principal sums and any other amounts (whether present or future, actual or contingent) due and payable or which may become due and payable to us in respect of or in connection with the CRC Facility and/ or pursuant to the CRC T&C;
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Examples of CRC Facility in a sentence

  • To avoid doubt, an Early CRC Facility that is also a Network Augmentation Funding Facility is not a Network Augmentation Funding Facility for the purposes of this Step 4.

  • Unless and until your CRC Facility is terminated, we have the discretion and as we deem fit, to honour or dishonour, any CRC cheque drawn by you or allow or refuse any transaction (whether effected by the use of the Debit & ATM Card or via the phone banking service or otherwise) under any service or facility provided in connection with your CRC Facility.

  • If you see other groups abusing the space or using the space when your club is scheduled, first approach a CRC Facility Supervisor for assistance.

  • The CRC Facility and the CRC T&C are subject to review at any time and from time to time as we deem fit irrespective of whether or not an Event of Default has occurred or is continuing.

  • From the specified termination date, the CRC Facility will be cancelled, and you will no longer be entitled to operate the CRC Account or any of the services provided under the CRC Facility.

  • We may, at any time, terminate your CRC Facility by giving you the Requisite Notification for termination of the CRC Facility.

  • If you do not terminate your CRC Facility after we have given you the Requisite Notification, you will be deemed to have accepted such assignment, novation or transfer without reservation regardless of whether or not you continue to use the Debit & ATM Card, issue any CRC cheque or otherwise operate the CRC Account after the Requisite Notification.

  • If we notify you of an assignment, novation or transfer and you do not wish to continue your CRC Account, you may within 30 days, after we have given the Requisite Notification for the same, terminate your CRC Facility in accordance with clause 14(a) above.

  • In the event your CRC Account is overlimit for any reason (including due to interest, fees, costs, charges and/or other sums being debited into your CRC Account), you are required to immediately pay to us all amounts exceeding the prevailing approved limit of your CRC Facility (including any revised limit) and interest at the Applicable Rate on the debit balance of your overdrawn CRC Account.

  • The approval and granting of the CRC Facility is conditional upon and subject at all times to your representation that any restrictions against the Bank granting you any facilities under applicable laws, regulations or guidelines are not applicable and on the condition that we will not be in breach or contravention of any law, legislation or regulation.

Related to CRC Facility

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • LC Facility means the letter of credit facility established pursuant to Article III.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Public facility means 1 or more of the following:

  • Electric Facility means a Generator or an electric transmission facility.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Holding facility means a designated area for the retention of

  • Triage facility means a short-term facility or a portion

  • 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.

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Psychiatric facility means a psychiatric hospital or psychiatric unit licensed under section 134.

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

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

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $150,000,000.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Clean coal SNG facility means a facility that uses a

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;