Facility holder definition

Facility holder means the person or persons given the allocated use of a facility subject to the conditions of use of a Facility Form Agreement.
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Facility holder means the person or persons allocated the use of a facility subject to the conditions of use written on the appropriate Facility Agreement Form.
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Examples of Facility holder in a sentence

  • Subject to clause 22, the Customer, as the Fuel Card Facility holder, is responsible for the use of the Cards by any of the Cardholders, including the use of PINs.

  • That guarantee and indemnity must be in a form and in terms acceptable to ANZ.‌‌Where a Portfolio Facility holder has provided a guarantee and indemnity, if this liability is secured by a mortgage provided by the Portfolio Facility holder, ANZ may become entitled toenforce its rights against the Portfolio Facility holder under that mortgage, for example, by selling the mortgaged property.

  • COMPANY If a Portfolio Facility holder is a company, the Portfolio Facility holder warrants that: • the Portfolio Facility and any Sub-account to which the company becomes a party is for the commercial benefit of the company; • the Portfolio Facility holder has the power and authority to enter into the Portfolio Facility and any Sub-account to which the company becomes a party, on behalf of the company; and‌ • ANZ has received a copy of the company’s certificate of incorporation.

  • The police may do nothing, besides collect and secure the evidence.

  • TRUSTS If a Portfolio Facility holder enters into the Portfolio Facility as a trustee, that Portfolio Facility holder is liable under the Portfolio Facility both personally and as trustee of the trust.

  • He also accused the League of Nations of violating Article 16 of its Covenant, which states that should any member of the League resort to war ‘in disregard to its covenants under Articles 12, 13 or 15, it shall ipso facto be deemed to have committed an act of war against all other Members of the League’.23 Selassie also criticized the League of Nations for permitting Italy to use the Suez Canal to transport troops and war materiel.

  • That Portfolio Facility holder must provide ANZ with all documentation regarding the trust reasonably required by ANZ.

  • You may only transfer Funds to another Qantas Travel Money Facility holder if that person has Activated their Qantas Travel Money Facility.

  • Around 258 Projects (with capacity of 1312 MW) are under captive route and 332 projects (with capacity of 1775 MW) under APPC route, while other 427 projects (with capacity of 1532 MW) are underOpen Access Route.

  • If a Portfolio Facility holder or Sub-account holder requests a change to a statement cycle period, the change will impact both the Portfolio summary statement as well each Sub-account statement.

Related to Facility holder

  • Security Holder means the holder of a Security.

  • Majority Holder as used in this Section 7.4 shall mean any holder or any combination of holders of Registrable Securities, if included in such holders' Registrable Securities are that aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) as would constitute a majority of the aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) included in all of the Registrable Securities.

  • Equity Holder means any Person that owns the Equity Interests in any Practice that is a party to any Management Agreement.

  • Participating Investor any Participating Account, Participating Insurance Company or Participating Plan, including the Account and the Company.

  • Majority Holders means at any time the Holders of Warrants exercisable for a majority of the shares of Warrant Stock issuable under the Warrants at the time outstanding.

  • Initial Holder has the meaning set forth in the preamble.

  • Equity Holders means the Stockholders and the Option Holders.

  • Non-U.S. Holder means a Holder that is not treated as a United States person for U.S. federal income tax purposes as defined under Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended from time to time.

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Management Investor means any officer, director, employee or other member of the management of the Company or any of its Subsidiaries, or family members or relatives thereof, or trusts or partnerships for the benefit of any of the foregoing, or any of their heirs, executors, successors and legal representatives.

  • Holder means a Person in whose name a Security is registered in the Security Register.

  • Loan Investor means any Person (including an Agency) having a beneficial interest in any mortgage loan originated, purchased or serviced by the Bank or a security backed by or representing an interest in any such mortgage loan;

  • Participating Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 2(b) hereof.

  • L/C Lender a Lender with an L/C Commitment.

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Initial Noteholder means (i) with respect to Note A-1, the Initial Note A-1 Holder and (ii) with respect to Note A-2, the Initial Note A-2 Holder.

  • Designated Holder means the Holder of Note A-1.

  • Exempt commercial purchaser means any person purchasing commercial insurance that, at the time of placement, meets the following requirements:

  • Class C Noteholder means the Person in whose name a Class C Note is registered in the Note Register.

  • Initial Note A-7 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Institutional Holder An insurance company whose long-term debt is rated at least A- (or equivalent rating) by a Rating Agency, or an equivalent rating from any other nationally recognized statistical rating organization.

  • Note A-8 Holder means the Initial Note A-8 Holder or any subsequent holder of Note A-8, as applicable.

  • Policy Holder means the person who is a legal holder of this Policy and is named as the “Policy Holder” in the Policy Schedule.