Facility definition

Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

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Facility means the entire operation located on the property where the Equipment is located;

Facility means the Term Facility or the Revolving Credit Facility, as the context may require.

Examples of Facility in a sentence

The Borrower may not reborrow any part of the Facility which is repaid.
If the conditions set out in this Agreement have been met, the Lender shall make the Loan available by the Utilisation Date through its Facility Office.
Save as amended hereby the terms of the Facility Agreement remain in full force and effect and the Borrower and the Guarantor agrees to be bound by its terms as so amended.
Notwithstanding anything in Clause 1.1 (Definitions), references to the Finance Documents or a Finance Document in this Clause do not include the Hedging Agreement entered into by the Borrower in connection with the Facility.
Each of the Facility Agreement and the other Finance Documents shall be deemed to be amended as of the Effective Date by construing all references throughout such documents to the ‘Facility Agreement’, ‘this Agreement, ‘this Deed’, ‘hereunder’ and other similar expressions as references to such documents as amended and supplemented by this Letter.

More Definitions of Facility

Facility means the term loan facility made available under this Agreement as described in Clause 2 (The Facility).

Facility each of (a) the Term Commitments and the Term Loans made thereunder (the “Term Facility”) and (b) the Revolving Commitments and the extensions of credit made thereunder (the “Revolving Facility”).

Facility shall have the meaning set forth in the Recitals.

Facility means a Class of Term Loans or a Revolving Credit Facility, as the context may require.

Facility means a single premise that, in general, consists of a contiguous tract of land separated by nothing more than a street, alley, or railroad right-of-way, where all buildings and/or energy-consuming devices are owned by a single Customer.

Facility means the credit facility contemplated by this Agreement.

Facility means property improvements completed or in the process of construction which together comprise an integral whole.