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 Borrowers shall repay to the Revolving Agent for the ratable account of the Revolving Credit Lenders on the Maturity Date for the Revolving Credit Facility the aggregate principal amount of all Revolving Loans under the Revolving Credit Facility outstanding on such date.
The Unused Revolver Commitment Fee shall accrue at all times from the Closing Date until the Maturity Date for the Revolving Credit Facility, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date for the Revolving Credit Facility.
Any Incremental Term Loans to the extent effected through the establishment of one or more new delayed draw commitments or new Term Loans made on an Incremental Facility Closing Date shall be designated a separate Class of Incremental Term Loans for all purposes of this Agreement.
No Loan Party shall, except as a result of its indemnification obligations hereunder, and nor shall any of its Related Parties have any liability for any indirect or consequential damages (as opposed to direct or actual damages) in connection with its activities related to the Revolving Facility.
The facility fee shall be calculated quarterly in arrears, and if there is any change in the Facility Fee Rate during any quarter, the actual daily amount shall be computed and multiplied by the Facility Fee Rate separately for each period during such quarter that such Facility Fee Rate was in effect.

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.