Development Facility definition

Development Facility means any fixed or mobile structure that is engaged in the drilling of productive wells.
Development Facility means any newly constructed, rehabilitated or developed healthcare facility of the Borrower or any Subsidiary.
Development Facility means any newly constructed, rehabilitated or developed healthcare facility of the Borrower or any

Examples of Development Facility in a sentence

  • Chordiant Development Facility Use $ 2,500 Per Day, Per Seat ------------------------------------------------------------------------------------------------------------------------------ Chordiant Gold Team Assessment Service .

  • Licensee may employ suitable independent third party contractors to assist Licensee in modifying the Source Materials solely at the Development Facility in accordance with the license granted in Section 2.1 above.

  • Payments of interest and principal on each Development Facility Note shall be due and payable in the manner and at the times set forth in the respective Development Facility Note.

  • Subject to the terms of the Contribution Agreement and the terms, conditions, representations and warranties hereinafter set forth, Lender agrees to lend Borrower from time to time, the amounts necessary to acquire or develop Target Centers, in an aggregate amount not to exceed the Development Facility Maximum Principal Amount (collectively, the "Development Facility Loans").

  • Except as expressly contemplated in Section 4.3(e) of the Contribution Agreement, pay all available funds toward repayment of the Working Capital Note and any Development Facility Notes, regardless of whether payment of such amounts exceeds the minimum required payments under the Working Capital Note and the Development Facility Notes.


More Definitions of Development Facility

Development Facility means any fixed or mobile structure subject to this subpart that is engaged in the drilling of productive wells. (40 CFR Part 435.11)
Development Facility means a facility producing either a good derived from an agricultural commodity or using a process to produce a good derived from an agricultural product;
Development Facility means a Colorado facility that either produces goods from an agricultural commodity or uses a process to produce goods from an agricultural product.
Development Facility means, with respect to any Services, Unigene’s facility that is used to provide such Services as identified in the applicable SOW.
Development Facility has the meaning ascribed thereto in Section 3.18;
Development Facility means a facility that produces a good derived from an agricultural commodity.
Development Facility means any newly constructed, rehabilitated or developed healthcare facility of the Borrower or any Subsidiary. “Disqualified Capital Stock” shall mean, with respect to any Person, any Capital Stock of such Person that, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening of any event, matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is mandatorily redeemable or redeemable at the sole option of the holder thereof (other than solely (x) for Qualified Capital Stock or upon a sale of assets, casualty event or a change of control, in each case, subject to the prior payment in full of the Obligations or (y) as a result of a redemption that by the terms of such Capital Stock is contingent upon such redemption not being prohibited by this Agreement), pursuant to a sinking fund obligation or otherwise (other than solely for Qualified Capital Stock) or exchangeable or convertible into debt securities of the issuer thereof at the sole option of the holder thereof, in whole or in part, on or prior to the date that is 181 days after the latest Maturity Date then in effect at the time of issuance thereof. “Disqualified Institutions” shall mean those Persons who are direct competitors of the Borrower or any of its Subsidiaries and any Affiliate of such competitors that are, in each case, identified in writing to the Administrative Agent by the Borrower from time to time (the writings described herein, collectively, the “Disqualified Institutions List”); provided that any update or supplement to the Disqualified Institutions List shall not apply retroactively to disqualify any parties that have previously acquired an assignment or a participation in any Commitment or Loan;