Facilities Letter definition

Facilities Letter means the banking facilities letter issued by the Lender on 2 August 2018 and countersigned by the Borrower on 10 August 2018, in terms of which the Lender shall make available a primary lending facility to the Borrower in an aggregate initial amount of USD2,500,000.00 (two million five hundred thousand US dollars), which initial amount shall on or about the Signature Date, be increased to an aggregate amount not exceeding USD 18,500,000.00 (eighteen million five hundred thousand US dollars) pursuant to the Facilities Increase Letter; (emphasis added);
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Facilities Letter means that certain Facilities Letter, dated October 24, 2007, by and between Arranger and Borrower, including all attachments thereto.
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Facilities Letter means an agreement between Subscriber and Senwes setting out the bank facilities to be made available by the Subscriber to Senwes and the terms and conditions applicable thereto, as amended from time to time;
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Examples of Facilities Letter in a sentence

  • The obligation of each Facility C Lender shall be governed by the terms of its Ancillary Facilities Letter, save that in the event of any conflict between this Agreement and the relevant Ancillary Facilities Letter (insofar as they relate to matters specifically set out in this Agreement in relation to Facility C), the terms of this Agreement shall prevail.

  • The Administrative Agent shall have received evidence of (i) the satisfaction of all obligations, and termination of all commitments, under AIB Facility 1, AIB Facility 2 and AIB Facility 4 and (ii) an amendment to Section 12(i) in the Standard Terms and Conditions of the AIB Facilities Letter to permit the Administrative Agent’s Lien on the Collateral, in each case on terms and provisions satisfactory to the Administrative Agent in its sole discretion.

  • Borrower shall pay to Administrative Agent, Arranger and Lenders all fees and other amounts specified in the Facilities Letter and the Fee Letter in the amounts and at the times specified therein.

  • Any fees and expenses required to be paid by Borrower or any of its Subsidiaries to Administrative Agent, Arranger or any Lender on or before the Closing Date pursuant to the Facilities Letter, the Fee Letter, any Loan Document or otherwise shall have been paid.

  • All fees payable under the Facilities Letter and the Fee Letter are solely for the account of Administrative Agent, Arranger and/or the Lenders, as applicable, and are nonrefundable.

  • The Bank may, instead of issuing an LC itself, procure that such LC is issued by a local issuing bank, in which case the obligations of the Borrower under this Facilities Letter or any Application in respect of such LC shall extend to such LC and to any counter indemnity issued by the Bank in favour of the local issuing bank in connection therewith.

  • Date: Date: San ▇▇▇▇ Unified School District CMP Charter School for Educational Renewal Approved as to Form: ▇▇▇▇▇ ▇▇▇▇▇▇▇, General Counsel San ▇▇▇▇ Unified School District Approved and ratified this day of , 2016 by the Board of Education of the San ▇▇▇▇ Unified School District by the following vote: AYES: NOES: Abstentions: Secretary to the Board of Education Request For Facilities Letter dated: 9/29/2015 Sq. Ft. Assigned to Meet Request for Facilities Letter: 14,117 Prop.

  • Under the Line of Credit Programme, the Bank provides Pre- and Post-Export Financing Facilities, Letter of Credit Confirmation and Refinancing Facilities, Export Credit Guarantee Facilities, Reimbursement Guarantee Facilities, and Correspondent Banking/African Letter of Credit Facilities.

  • At all times, the consolidated financial condition, as evidenced by financial statements prepared on the same basis as was used in the preparation of its Original Financial Statements, shall be as prescribed in the Facilities Letter (but only to the extent that the Facilities Letter sets out specific requirements in relation to financial condition).

  • Reference to “this Agreement” shall, insofar as they relate to Facility C, be deemed to include the relevant Ancillary Facilities Letter.

Related to Facilities Letter

  • Facility Letter means, in relation to any Facilities, such facility letters from Citibank to me or any agreement, document or instrument or arrangement from time to time made between Citibank and me relating to such Facilities, whether they are expressed to be subject to the Terms or otherwise.

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

  • Facility Agreement means the Facility Agreement referred to in Recital (A).

  • 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.

  • Senior Facilities Agreement means the senior facilities agreement dated on or about the date of this Agreement and made between the Parent, the Senior Lenders, the Senior Facility Agent and others.