Facilities definition
Examples of Facilities in a sentence
No advances under the Credit Facilities will be used for any purpose other than for the purposes set out in Section 2.3.
No Guarantor shall exercise any right of subrogation, contribution, indemnity, reimbursement or similar rights with respect to any payments it makes under this Guaranty until all of the Guaranteed Obligations and any amounts payable under this Guaranty have been indefeasibly paid and performed in full and the Commitments and the Facilities are terminated.
None of the Seller PSA Entities and Project Owners shall process Other Minerals through the Mineral Processing Facilities, except in accordance with Section 6.2(2).
The provisions of this Article and other provisions of this Agreement for the benefit of the Agent shall apply to any such subagent and to the Related Parties of the Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the Credit Facilities as well as activities as Agent.
The Borrower shall only use advances under the Credit Facilities for the purposes set out in Section 2.3.