Facility A Bank definition

Facility A Bank means a Bank that holds any Facility A Commitment or any Outstanding Credit Exposure under Facility A.
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Facility A Bank means each person whose name is set out in the relevant part of schedule 1 as a Facility A Bank or which assumes rights and obligations in respect of Facility A pursuant to a Substitution Certificate provided that upon (i) termination in full of all the Commitments of any Facility A Bank, and (ii) irrevocable payment in full of all amounts which may be or become payable to such Facility A Bank under the Finance Documents, such Bank shall not be regarded as being a Facility A Bank for the purposes of determining whether any provision of any of the Finance Documents requiring consultation with or the consent or approval of or instructions from the Banks or the Majority Banks has been complied with;
Sample 1
Facility A Bank means a Bank having a Facility A Commitment as set --------------- forth on Schedule 2.1 hereof and its successors and assigns. With respect to ------------ Facility A Canadian Loans and the Bankers' Acceptance Facility, Facility A Banks shall be the Facility A Canadian Banks and, with respect to Facility A Domestic Loans, Facility A Banks shall be the Facility A Domestic Banks.
Sample 1

Examples of Facility A Bank in a sentence

  • A sum of Rs.572.672 million had been incurred by the Corporation on this project.

  • The Facility A Loans of each Facility A Bank shall be evidenced by a single Facility A Note, duly completed and executed by the Borrower.

  • Each Advance (other than any Swing Line Loan) under Facility A shall consist of Revolving A Loans made by each Facility A Bank ratably in proportion to such Bank's respective Facility A Percentage.

  • The Administrative Agent shall promptly notify the Borrower and the Banks of any increase in the amount of the Aggregate Commitment for Facility A pursuant to this Section 2.22 and of the Facility A Commitment of each Facility A Bank after giving effect thereto.

  • In the event that any Facility A Bank fails to make payment to the Administrative Agent of any amount due under this Section 2.21(D), the Administrative Agent shall be entitled to receive, retain and apply against such obligation the principal and interest otherwise payable to such Facility A Bank hereunder until the Administrative Agent receives such payment from such Facility A Bank or such obligation is otherwise fully satisfied.

  • Such schedule shall replace the existing Schedule 1.01(C) if no Facility A Bank objects thereto within 10 days of its receipt thereof.

  • Facility A Revolving Credit Commitments shall mean at any time the difference between the Facility A Commitments and the amount of Facility A Term Loans then outstanding; Facility A Revolving Credit Commitment shall mean for each Facility A Bank at any time the difference between such Facility A Bank's Facility A Commitment and its Facility A Term Loan (if any) then outstanding.

  • Escrow Agreement Issuance Limit shall mean as to any Facility A Bank at any time the amount set forth opposite its name on Schedule 1.01(C) hereto in the column labeled "Escrow Agreement Issuance Limit," as amended from time to time.

  • Upon receipt of such notice, the LC Issuer shall promptly notify the Agent, and the Agent shall promptly notify each Facility A Bank, of the contents thereof and of the amount of such Bank's participation in such proposed Letter of Credit.

  • The Commission disagrees withNV Energy’s comments that the bright line criteria lack a technical justification because they are primarily based on asset size.

Related to Facility A Bank

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $150,000,000.

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Credit Facility Agent means the then acting Agent as defined in and under the Credit Facility or any successor thereto.

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Tranche A Lender means a Lender with a Tranche A Commitment or an outstanding Tranche A Term Loan.

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

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

  • Facility Agent has the meaning set forth in the Preamble.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Tranche A Lenders means First Union National Bank and shall include the several banks and other financial institutions from time to time party to the Credit Agreement that commit to make the Tranche A Loans.