Examples of European Revolving Credit Facility in a sentence
This was in the interests of clarity, consistency and fairness for the many disabled people who are still not able to use public transport options despite acknowledged improvements.
No Subsidiary is party to any agreement or instrument or otherwise subject to any restriction or encumbrance that restricts or limits its ability to make dividend payments or other distributions in respect of its Capital Stock to the Borrower or any Subsidiary or to transfer any of its assets or properties to the Borrower or any other Subsidiary, in each case other than existing under or by reason of the European Revolving Credit Facility and the Loan Documents, or Applicable Law.
In February 2017, the Company amended agreements related to the HVF II U.S. Vehicle Variable Funding Notes, European Revolving Credit Facility, Canadian Securitization and UK Leveraged Financing primarily extending the maturities.
The restructuring of the defaulted Stemcor European Revolving Credit Facility was approved by the UK High Court in February 2014.
Following the expiration of the seasonal commitment period, aggregate maximum borrowings available under the European Revolving Credit Facility reverted to up to €250 million.
The terms of the European Vehicle Debt permit HHN BV to incur additional indebtedness that would be pari passu with either the European Revolving Credit Facility or the European Vehicle Notes.
AND SUBSIDIARIES THE HERTZ CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) Note 23—Subsequent Events Amendments to non-vehicle and vehicle debt agreements On February 3, 2017, the Company amended agreements related to its Senior Facilities, HVF II U.S. Vehicle Variable Funding Notes, European Revolving Credit Facility, Canadian Securitization and UK Leveraged Financing, as more fully described in Note 7, "Debt ".
European Vehicle Debt References to the “European Vehicle Debt” include HHN BV's European Revolving Credit Facility and the European Vehicle Notes, collectively.
All Existing Letters of Credit that were outstanding on the Sixth Restatement Effective Date were deemed to be “Letters of Credit” issued pursuant to this Agreement under the U.S. Revolving Credit Facility and the European Revolving Credit Facility on the Sixth Restatement Effective Date from and after the Sixth Restatement Effective Date and shall be subject to and governed by the terms and conditions hereof.
In February 2017, HHN BV amended the European Revolving Credit Facility to extend the maturity of €235 million of the aggregate maximum borrowings available from October 2017 to January 2019.