Facility Amendment definition

Facility Amendment means an Incremental Term Facility Amendment, a Revolving Increase Supplement, a Refinancing Amendment or an Extension Amendment.
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Facility Amendment has the meaning given to it in Section 2.1(b);
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Facility Amendment means any amendment, modification, extension or renewal of any Facility or Facility Agreement.
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Examples of Facility Amendment in a sentence

  • The Administrative Agent will promptly notify each Lender as to the effectiveness of each Incremental Facility Amendment.

  • The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Facility Amendment.

  • The proceeds of any Loans under an Incremental Facility shall be used as specified in the relevant Incremental Facility Amendment.

  • The proceeds of the Incremental Term Loans will be used solely for the purpose or purposes set forth in the applicable Incremental Facility Amendment.

  • Delivery of an executed counterpart of a signature page of this Incremental Facility Amendment by facsimile or email shall be effective as delivery of a manually executed counterpart of this Amendment.

  • This Incremental Facility Amendment, the Credit Agreement and the other Loan Documents constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof.

  • This Incremental Facility Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract.

  • The Borrower agrees to pay or reimburse the Administrative Agent for all of its out-of-pocket costs and reasonable expenses incurred in connection with this Incremental Facility Amendment, any other documents prepared in connection herewith and the transaction contemplated hereby, including, without limitation, the reasonable fees and disbursements of counsel to the Administrative Agent.

  • Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Facility Amendment, this Agreement and the other Loan Documents, as applicable, will be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Facility and the Incremental Term Loans evidenced thereby.

  • The Borrower agrees to pay on the Incremental Facility Amendment Effective Date to the Administrative Agent, for the account of each Incremental Facility Lender, fees in the amounts previously communicated by the Borrower to each such Incremental Facility Lender.


More Definitions of Facility Amendment

Facility Amendment has the meaning set forth in the Term Sheet.
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Facility Amendment and “Facility Amendments” shall have the meanings given those terms in Section 6.6.2.
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Facility Amendment has the meaning ascribed to it in Section 2.1(d). “FD&M Cost Adjustment” has the meaning ascribed to it in Exhibit L.
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Facility Amendment has the meaning ascribed to it in Section 2.1(b). “Final Windfall Amount” has the meaning ascribed to it in Section 4.7(b).
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Facility Amendment has the meaning ascribed to it in Section 2.1(b). “Financial Indicators” means the Tangible Net Worth and the Credit Rating.
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Related to Facility Amendment

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Extension Amendment has the meaning set forth in Section 2.16(d).

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Refinancing Amendment means an amendment to this Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower executed by each of (a) the Borrower and Holdings, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any portion of the Credit Agreement Refinancing Indebtedness being incurred pursuant thereto, in accordance with Section 2.21.

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • ESG Amendment has the meaning specified in Section 2.18.

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).