Existing Ancillary Facility definition

Existing Ancillary Facility means an Ancillary Facility (as defined in the Existing Credit Agreement).
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Existing Ancillary Facility means each Ancillary Facility which is listed in Schedule 14 (Existing Ancillary Facilities) and which is in existence as at the date of this Agreement.
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Existing Ancillary Facility means: (i) the USD 1,500,000 multi currency overdraft and (ii) the USD 30,000,000 bank guarantees and standby letters of credit, in each case, dated as of October 21, 2013, as amended and restated from time to time, provided by the Original Ancillary Lender to the entities referenced thereun.
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Examples of Existing Ancillary Facility in a sentence

  • Notwithstanding any other provision of this Clause 7 (Ancillary Facilities) and without any requirement for compliance with any such other provision or for any further action by any party, immediately upon the occurrence of the Closing Date, each Existing Ancillary Facility shall be deemed to be an Ancillary Facility under this Agreement (and each borrower of an Existing Ancillary Facility that is so deemed shall be deemed a borrower of such Ancillary Facility).

  • Each Existing Ancillary Facility that is outstanding as of the Restatement Effective Date shall remain outstanding hereunder under the terms hereof.

  • Any increase in the Ancillary Commitment with respect to any Existing Ancillary Facility remaining outstanding as an Ancillary Facility hereunder after the Effective Funding Time shall be considered an amendment of such Ancillary Facility subject to the terms of paragraph (c) above.


More Definitions of Existing Ancillary Facility

Existing Ancillary Facility means the US$120,000,000 stand-by letter of credit facility provided by The Chase Manhattan Bank (now called JPMorgan Chase Bank, N.A.) originally in favour of Instinet Corporation and now in favour of Reuters C LLC (being an Affiliate of the Company) and dated 29 June 1998, together with the ancillary documents relating thereto including a supporting guarantee from the Company, in each case, as amended, supplemented and varied from time to time;
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Existing Ancillary Facility means the ancillary facility in an aggregate amount of up to €50,000,000 under the current account facility agreement dated 6 September 2011 between, among others, the Parent and Rabobank.
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Related to Existing Ancillary Facility

  • Ancillary Facility means any ancillary facility made available by an Ancillary Lender in accordance with Clause 6 (Ancillary Facilities).

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Ancillary Commitment means, in relation to an Ancillary Lender and an Ancillary Facility, the maximum Base Currency Amount which that Ancillary Lender has agreed (whether or not subject to satisfaction of conditions precedent) to make available from time to time under an Ancillary Facility and which has been authorised as such under Clause 7 (Ancillary Facilities), to the extent that amount is not cancelled or reduced under this Agreement or the Ancillary Documents relating to that Ancillary Facility.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Replacement Facility means 1 of the following:

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Refinancing Facility has the meaning specified in Section 2.16(a).

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

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

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

  • Energy facility means an energy plant or transmission

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Ancillary Lender means each Lender (or Affiliate of a Lender) which makes available an Ancillary Facility in accordance with Clause 7 (Ancillary Facilities).

  • Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.

  • Ancillary Outstandings means, at any time, in relation to an Ancillary Lender and an Ancillary Facility then in force the aggregate of the equivalents (as calculated by that Ancillary Lender) in the Base Currency of the following amounts outstanding under that Ancillary Facility:

  • City Facility means any building, structure, property, park, open space, or vehicle, owned or leased by the City, its agents, agencies, or departments.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Advance Facility As defined in Section 3.22.

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Utility facility means any pipe, pipeline, duct, wire line, conduit, pole, tower, equipment or other structure used for one of the following: