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 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.
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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;
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Examples of Facility A Bank in a sentence

  • S is to procure or provide AGR MATTHEY with the following security against the Sale and Buyback of Fine Metal Facility: A Bank Standby Letter of Credit for an amount to be agreed between the Parties (such amount may be varied by the Parties by mutual consent from time to time).

  • The Agent and each Facility A Bank may record and otherwise treat the making of such Revolving A Loan Borrowings as the making of a Revolving A Loan Borrowing to the Borrower under this Agreement as if requested by the Borrower.

  • Notwithstanding anything else contained herein, the Parent will not, and will not permit any Restricted Subsidiary to, incur or maintain any operating lines or short-term or revolving bank facilities secured by Liens on any assets of any member of the Restricted Group (other than Bank Facility A, Bank Facility B, and Bank Facility C, or a successor revolving credit facility after the termination of Bank Facility A that complies with the provisions of clause (l) of this Section 5.10).

  • Such Facility B Borrowing Notice shall state the Borrowing Date, which shall be no more than eight (8) Business Days following the Facility A Bank Acceptance Date.

  • The Assuming Bank agrees that it will perform in accordance with their terms all of the obligations which by the terms of each of the Credit Agreements are required to be performed by it as a Facility A Bank or a Facility B Bank as applicable.

  • If New Loans are made on the Motorola Drawdown Date, the amount of the Loans shall be redivided into Facility B Loans (constituting 25.4885302% of the principal amount of the Loans) and Facility A Loans (constituting the remainder of the principal amount of the Loans), with each Facility A Bank having its Facility A Pro Rata Share of the Facility A Loans and each Facility B Bank having its Facility B Pro Rata Share of the Facility B Loans.

  • As used in this Agreement, the following terms shall have the meanings set forth below: "Absolute Facility A Rate" means, with respect to an Absolute Facility A Rate Loan made by a given Facility A Bank for the relevant Absolute Rate Interest Period, the rate of interest per annum (rounded to the nearest 1/1000 of 1%) offered by such Facility A Bank and accepted by the Borrower.

  • Borrower also shall pay to each Facility A Bank which makes a Facility B Loan a nonrefundable fee (the "Facility B Closing Fee") in the amount of .125% times the amount of such Facility B Loan, due and payable on the Borrowing Date with respect to such Facility B Term Loan.

  • Simultaneously with the execution and delivery of such joinder, Borrower shall execute a Facility A Note and deliver it to such Additional Facility A Bank together with originals of such other documents described in Section 6.01 hereof as such Additional Facility A Bank may reasonably require.

  • Banks shall mean collectively the Facility A Banks and the Facility B Banks and Bank shall mean any Facility A Bank or Facility B Bank.

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 $1,000,000,000.