DB Facility definition

DB Facility means any letter of credit facility or sub-facility provided pursuant to or in connection with that certain Letter of Credit Facility Agreement, dated as of April 12, 2010 by and among the Loan Parties, Bank of America, N.A., as syndication agent, Deutsche Bank AG New York Branch, as issuing bank and as administrative agent, and the other parties thereto from time to time, as the same may be amended, modified, supplemented, extended or restated from time to time.

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DB Facility means the bilateral facility made available pursuant to a facility agreement between the Company and Deutsche Bank Luxembourg S.A. dated 23 April 2007.

DB Facility means the amended and restated revolving line of credit agreement by and between Bankers Trust Company and the Company dated as of September 11, 2000, as amended from time to time.

Examples of DB Facility in a sentence

The Company shall repay all amounts outstanding under the DB Facility by Utilisations under Facility A within five Business Days of the date that it and/or any other member of the Group acquires 3 per cent.
Surgical Science drew down £17 million under the DB Facility prior to the date of this announcement and intends to settle the consideration payable pursuant to the Acquisition out of the cash on its balance sheet, including the funds drawn down under the DB Facility.
In Witness whereof this Deed has been executed and delivered as a deed by the Released Parties and signed by the Common Security Agent, the DB Facility Agent, the DB Facility Lender and the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ on the date stated at the beginning of this Deed.
To provide additional liquidity for Surgical Science, Surgical Science entered into a promissory note, with special terms and conditions attached, with Danske Bank on 5 December 2024 (the "DB Facility"), under which Danske Bank agreed to provide up to £17 million to Surgical Science.
Royal Wolf Holdings and its subsidiaries, among others, have entered into the DB Facility.
Provided however that each Party acknowledges and accepts that until all amounts owed by the Seller under the DB Facility Agreement have been repaid in full, neither Party may amend this Agreement without the prior written consent of Deutsche Bank AG, Singapore Branch.
Further, Facility C shall only be utilised for a purpose other than refinancing of the Existing 2004 Facility and DB Facility if the aforementioned Existing 2004 Facility and DB Facility have been repaid on or before the proposed Utilisation Date for that Facility C Loan to be made.
Provided however that each Party acknowledges and accepts that until all amounts owed by Seller under the DB Facility Agreement have been repaid in full, neither Party may amend this Agreement without the prior written consent of DB.
The Borrower makes the representations and warranties set out in clause 5 (Representations by the Borrower) of the Release Deed to each of the DB Facility Lender and the ▇▇▇▇▇▇▇ Facility Lender on the date of this Deed as if any reference therein to “this Deed” included a reference to this Deed.
The IP License Agreement may be terminated by the Seller in accordance with paragraph 2.1(a) of the Consent Request dated 17 April, 2023 granted by Deutsche Bank AG, Singapore Branch to the Seller (read together with the DB Facility Agreement) and/or in accordance with clause 7.3 of the IP License Agreement.

More Definitions of DB Facility

DB Facility means the loan facility made available to members of the Group under an agreement dated 1 December 2009 made between DB and certain members of the Group, as amended and/or supplemented and/or novated from time to time;

DB Facility the promissory note, with special terms and conditions attached, between Surgical Science and Danske Bank, as described in paragraph 11 of this announcement

DB Facility means, the Second Amended and Restated Master Receivables Purchase Agreement, dated as of December 21, 2018 (as amended by Amendment No. 1, dated as of June 12, 2018, Amendment No. 2, dated as of June 28, 2018, Amendment No. 3, dated as of June 30, 2020, Amendment No. 4, dated as of July 1, 2021, Amendment No. 5, dated as of December 21, 2021, Amendment No. 6, dated as of June 12, 2022 and Amendment No. 7, dated as of December 23, 2022, the “DB Credit Agreement”), by and among ▇▇▇▇ Corporation, Blue Cube Operations LLC, K.A. Steel Chemicals Inc., Winchester Ammunition, Inc., Pioneer Americas LLC, Deutsche Bank AG New York Branch and Deutsche Bank Trust Company Americas.

DB Facility means that Master Repurchase Agreement, dated as of May 16, 2005, between Seller and DB Structured Products, Inc., as may be amended from time to time, and all other documents or agreements executed in connection therewith, or replacement facilities with substantially similar terms (including, but not limited to, amounts and rates) with financial institutions approved by Buyer.

DB Facility has the same meaning as given to the expression "Deutsche Bank Credit Documents" in the SPA.