Daylight Facility definition
Daylight Facility means the daylight facility dated the date hereof in an amount of up to (pound)150,000,000 to be made available to Enodis Holdings Limited under the terms of the Daylight Facility Agreement.
Daylight Facility means an intra-day loan facility to be borrowed by the Original Borrower for the purposes funding the settlement of the Pre-Demerger Intra-Group Loans prior to the Demerger Date as contemplated in the Transaction Structure Memorandum;
Daylight Facility means a multi-draw daylight term loan facility of Holdco in the amount of $600,000,000 provided by Bank of America, N.A., expected to be dated the Closing Date, the proceeds of which shall be used solely to repay Holdco Tranche Term Loans and to consummate the Securities Exchange.