Existing Banking Facilities definition

Existing Banking Facilities means the facilities made available to the Warthog Group by HSBC Bank Plc pursuant to the letters from HSBC Bank Plc dated 19 October 2004 and 21 October 2004 namely (i) a loan of 100,000 GBP made available to the Seller; (ii) a forward exchange contract and currency option facility made available to WGL and Zed Two in the sum of 600,000 GBP; (iii) a business card facility made available to the Seller, WGL and Zed Two; and (iv) a facility to utilise HSBC's Electronic Banking service, Hexagon,
View Source

Related to Existing Banking Facilities

  • 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.

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

  • Capital facilities means capital facilities or projects as referred to in section 151.03, 151.04, 151.05, 151.06, 151.07, 151.08, 151.09, 151.10, 151.11, or 151.40 of the Revised Code.

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

  • Existing Facility Agreement means the facility agreement entered into between, inter alia, (i) Borrower A, Borrower B, Borrower C and Borrower D as joint and several borrowers and (ii) Existing Facility Agent as facility agent and security agent dated 11 December 2019, in relation to a $61,500,000 facility.