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.
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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;
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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.
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Examples of Daylight Facility in a sentence

  • It can be seen from the cash flows that £30,266,250 passed in a circular loop starting with Barclays advancing that amount under the Daylight Facility on 3 April 2009 and ending with repayment of that facility on the day it was made.

  • The FTT found ([147]) that, as a result of bank mandates and security arrangements entered into in connection with the Daylight Facility, BPHS, FDBS, Foundation and IPCS had no discretion as to how to apply the £30,266,250 that they received as part of that circular flow of funds with the result that it was pre-ordained that £30,266,250 would follow the circular path that we have just described.The payment of £37,762,750.96 to IPCS was intended to generate a trading expense at the level of Foundation.

  • The Cash Purchase Price will be funded through the Daylight Facility.

  • The Senior Agent will pay such proceeds at the direction of Newco, as transferee of the Senior Debt Claims against TAC, in accordance with (and subject to the terms of) the Funds Flow Agreement and the Senior Facility Agreement, to repay the Daylight Facility.

  • EUR 357.9 million will be borrowed by Bidco under a short term bridge facility (the "Daylight Facility") to fund the remainder of the Purchase Price.

  • Employees were encouraged to follow physical distancing within and outside the Daylight Facility.

  • Do you have more than 250 gallons of waste product stored on-site at any one time?YesNo4.

Related to Daylight Facility

  • waste disposal facility means an individual or entity that has been issued a medical marijuana waste disposal facility license by the Department to dispose of medical marijuana waste as authorized in Oklahoma law and these Rules.

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Clean coal facility means an electric generating

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Cannabis cultivation facility means a person that:

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

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

  • Air navigation facility means any facility, other than one owned and operated by the United States, used in, available for use in, or designed for use in aid of air navigation, including any structures, mechanisms, lights, beacons, markers, communicating systems, or other instrumentalities or devices used or useful as an aid, or constituting an advantage or convenience to the safe taking off, navigation, and landing of aircraft, or the safe and efficient operation or maintenance of an airport, and any combination of any or all of such facilities.

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

  • Marijuana cultivation facility means an entity licensed to cultivate, prepare, and package marijuana and sell marijuana to retail marijuana stores, to marijuana product manufacturing facilities, and to other marijuana cultivation facilities, but not to consumers.

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Federal facility means any building or infrastructure used or to be used by the federal government,

  • Destination facility means a facility that treats, disposes of, or recycles a particular category of universal waste, except those management activities described in § 7-912(d)(3). A facility at which a particular category of universal waste is only accumulated, is not a destination facility for purposes of managing that category of universal waste.

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

  • Transportation facility means any transit, railroad,

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Storage Facility means a facility used for the stocking of natural gas and owned and/or operated by a natural gas undertaking, including the part of LNG facilities used for storage but excluding the portion used for production operations, and excluding facilities reserved exclusively for transmission system operators in carrying out their functions;

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

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Swingline Maturity Date means, with respect to any Swingline Loan, the date that is five Business Days prior to the Maturity Date.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B-1 Loans, the Term B-1 Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;