Existing Ancillary Facilities definition

Existing Ancillary Facilities means those ancillary facilities set out in Schedule 17 (Existing Ancillary Facilities).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Existing Ancillary Facilities means each of the facilities set forth on Schedule 2.21. “Existing Credit Agreement” has the meaning specified in the definition of “Transactions”. “Existing Loans” has the meaning specified in Section 2.22(a).

Existing Ancillary Facilities means the Terminable Indemnity Facility and the Forex Facility made available to the Parent and HLSL pursuant to a facility letter dated 7th September 1997 (as amended).

Examples of Existing Ancillary Facilities in a sentence

• NatWest agrees to continue to provide the Existing Ancillary Facilities on the same terms and conditions which apply thereto on the date hereof save that the same may only be withdrawn or cancelled or required to be repaid in accordance with the provisions of Clause 13.2.

• DEFAULT......................................................34 13.1 Defaults.....................................................34 13.2 Acceleration etc.............................................36 13.3 Acceleration of Existing Facilities, Existing Ancillary Facilities or Bridging Facility ........................

• The Banks warrant and undertake to each of the Borrowers that apart from this Revolving Credit Facility, the Existing Ancillary Facilities, the Existing Facilities and the Bridging Facility are the only lending facilities which are made available to the Group by the Banks as at the date hereof.

More Definitions of Existing Ancillary Facilities

Existing Ancillary Facilities means [•].1 “Existing Fronted Ancillary Facilities” means [•].2

Existing Ancillary Facilities means an existing ancillary facilities outstanding under the Existing Facility.

Existing Ancillary Facilities means each of the facilities set forth on Schedule 2.21.