Facility Financing definition

Facility Financing means the obligations of Seller to any financing party or tax equity provider pursuant to the Financing Documents, including principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs and any claims or interest due with respect to any of the foregoing.

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Facility Financing means financing for the acquisition, development, construction, and ownership of the Facility and related purposes including any required reserve accounts, any capital additions, any operational needs relating to the Facility and any refinancing or replacement financing of any of the foregoing.

Facility Financing means fi nancing for the acquisition, de velopment, construction, and ownership of the Facility and related purposes including any required reserve accounts, any capital additions, any operational needs relati ng to the Facility and any refinancing or replacement financing of any of the foregoing.

Examples of Facility Financing in a sentence

• The Manager hereby acknowledges and agrees that any and all Management Fees due hereunder shall be subordinate to any Facility Financing, as well as to any preferred returns to equity investors of the Owner.

• The Owner hereby covenants and agrees with the Manager that at no time during the Term of this Agreement shall (i) the total Facility Financing exceed the sum of (x) all costs incurred by the Owner in connection with the acquisition, development, construction and fill-up of the Facility, plus (y) all costs incurred by the Owner in connection with any capital improvements to the Facility, and (ii) the preferred returns payable to equity investors of the Owner be increased beyond those set forth herein.

• If Developer does not timely exercise this option, it will expire, and Developer shall be obligated to achieve Financial Close by the initial Facility Financing Deadline.

• On or before the later of: (i) the Facility Financing Date or (ii) excavation of the first foundation for the photovoltaic panels, Seller shall provide to PacifiCorp a certificate from a Licensed Professional Engineer confirming that the Required Facility Documents including the material permits, consents and agreements necessary to operate and maintain the Facility have been obtained by Seller.

• Plan hereby forgives the outstanding principal balance on the loans made pursuant to the Facility Financing Agreement.

• The Owner hereby represents and warrants that as of the date hereof, there exists no Facility Financing, and that there are no preferred returns payable to equity investors of the Owner.

• This Agreement represents the entire understanding between the Parties and supersedes any prior agreements or understandings with respect to the subject matter hereof, including without limitation the Provider Agreement and the Facility Financing Agreement, which are hereby terminated as of the commencement of the Initial Term.

• Each Party's obligations under this Agreement shall be contingent upon completion of the purchase of all of the outstanding capital stock of Innovative Practice Concepts, Inc., an Arizona corporation, by American Dental Partners, Inc., a Delaware corporation, and in the event such purchase is not completed the Provider Agreement and Facility Financing Agreement shall not be terminated and shall remain in full force and effect.

• Each of the Administrative Agent, each 2015 Extended Revolving Credit Lender, each 2015 Incremental Revolving Credit Lender and each Issuing Bank hereby acknowledges that the reaffirmation contained in this Section 8 satisfies the requirement for a reaffirmation agreement with respect to the Security Documents as contemplated under clause (ii) of the second sentence of Section 2.25 of the Credit Agreement, solely as such requirement relates to the 2015 Revolving Credit Facility Financing.

• The Borrower’s obligations under this paragraph shall be effective whether or not the Term Facility Financing Documents are signed or the Term Facility is drawn.

More Definitions of Facility Financing

Facility Financing means the obligations of Seller to any lender and/or equity investor pursuant to the Financing Documents, including principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs, any claims or interest due with respect to any of the foregoing and any amount of cash and tax attributes allocated to Facility Investor.

Facility Financing means any long-term indebtedness incurred by OJT to finance the construction or acquisition of the Facility, including the planning, construction, acquisition and installation of any modifications, additions or improvements to the Facility or Ancillary Hardware required to meet the requirements of this Agreement, any portion of the Ancillary Hardware and certain of the start-up expenses, and any renewals or refinancings thereof, including any construction financings assumed by OJT in connection with the acquisition of the Facility (the "Construction Financing")."

Facility Financing means any indebtedness incurred by OJT to finance the acquisition of the Facility, any portion of the Ancillary Hardware and certain of the start-up expenses, and any renewals or refinancings thereof, including any construction financing assumed by OJT in connection with the acquisition of the Facility (the "Construction Financing").

Facility Financing means the obligations of Seller to any equity investor or lender pursuant to the Financing Documents, including without limitation, return on equity, principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs and any claims or interest due with respect to any of the foregoing.