Existing Target Facility definition

Existing Target Facility means the revolving credit facility made available under an amended and restated credit agreement dated as of 23 April 2013 and made among inter alios Target, as the Borrower, Xxxxx Fargo Securities, LLC, RBS Securities Inc. and Union Bank, N.A., as Joint Lead Arrangers and Joint Book Runners and The Royal Bank of Scotland plc as Administrative Agent and Swing Line Lender.
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Existing Target Facility means the revolving credit facility agreement dated 19 December 2019 as amended and/or amended and restated from time to time, and made between, among others, Target as borrower and Bank of Scotland plc as lender, agent and security agent.
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Examples of Existing Target Facility in a sentence

  • The Parent shall procure that following the completion of the Mergers and the accession of Target to this Agreement pursuant to Clause 31.2 (Additional Obligors) any amounts outstanding under the Existing Target Facility shall be promptly repaid, cancelled and discharged in full and any guarantees with respect to the Existing Target Facility shall be released.

  • The Parent shall procure that following the completion of the Mergers and the accession of Target to this Agreement pursuant to Clause 26.2 (Additional Obligors) any amounts outstanding under the Existing Target Facility shall be promptly repaid, cancelled and discharged in full and any guarantees with respect to the Existing Target Facility shall be released.


More Definitions of Existing Target Facility

Existing Target Facility means that certain Credit Agreement, dated as of May 30, 2014, among Space Acquisition Co, LLC, Space Intermediate LLC, Royal Bank of Canada, as administrative agent, swingline lender and L/C issuer, Madison Capital Funding LLC, Bank of Montreal and the other lenders party thereto.
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Existing Target Facility means (a) the US$6,500,000 term loan facility and the US$4,500,000 revolving loan facility provided to Copperweld Bimetallics LLC by Regions Bank in accordance with a credit and security agreement dated 31 August 2010 and as amended on 27 June 2011; (b) the EUR2,000,000 mixed facility provided to Copperweld Bimetallics Europe SPRL by Fortis Bank SA-NV in accordance with a loan agreement dated 7 November 2011; (c) the EUR8,000,000 mixed facility provided to Copperweld Tubing Europe SPRL by Fortis Bank SA-NV in accordance with a loan agreement dated 7 November 2011; (d) the EUR2,000,000 bullet loan provided to Copperweld Tubing Europe SPRL by Société Wallonne de Gestion et de Participations in accordance with a loan agreement dated 18 November 2011; and (e) a GBP750,000 payment and recourse facility provided to Copperweld Bimetallics UK Limited by Barclays Bank PLC in accordance with a sales ledger financing agreement dated 27 April 2007.
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Existing Target Facility means the existing U.S.$300 million senior secured credit facility established under the credit agreement dated as of November 7, 2011 among Aurora USA, Aurora, UBS AG, Stamford Branch, as administrative agent and the financial institutions party thereto, as amended and supplemented.
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Existing Target Facility means the US$35,000,000 and RMB100,000,000 term loan facility provided to the Target by China Development Bank Corporation Hong Kong Branch as lender in accordance with a facility agreement dated 22 November 2010.
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Related to Existing Target Facility

  • Existing tank system or “existing component” means a tank system or component that is used for the storage or treatment of hazardous waste and that is in operation, or for which installation has commenced on or prior to July 14, 1986. Installation will be considered to have commenced if the owner or operator has obtained all Federal, State, and local approvals or permits necessary to begin physical construction of the site or installation of the tank system and if either (1) a continuous on-site physical construction or installation program has begun, or (2) the owner or operator has entered into contractual obligations — which cannot be canceled or modified without substantial loss — for physical construction of the site or installation of the tank system to be completed within a reasonable time.

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

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Existing Tranche has the meaning specified in Section 2.19(a).

  • 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;

  • Existing uses means those uses actually attained in a water body on or after November 28, 1975, whether or not they are included in the water quality standards.

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

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

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

  • 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 Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Existing use means a use actually attained in a surface water of the state on or after November 28, 1975, whether or not it is a designated use.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of October 26, 2006, by and among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • Existing Credit Facilities means, collectively, the Existing U.S. Credit Facilities and the Existing Foreign Credit Facility.

  • Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Existing Plan means the Amended and Restated Novatel Wireless, Inc. 2000 Stock Incentive Plan.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

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

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Initial Term Facility means the Initial Term Loan Commitment and the Initial Term Loans made hereunder.

  • Replacement Facility means 1 of the following: