Facility Offer definition

Facility Offer. Means the offer (and any later amendment) delivered by Bancolombia S.A. to the DEBTOR on the 20th of October of 2010 and duly accepted by the DEBTOR on the 22nd of October of 2010;
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Examples of Facility Offer in a sentence

  • If the Offeree fails to accept either the Facility Offer to Sell or the Facility Offer to Purchase within the Thirty Day Period, then the Offeree shall be deemed to have caused the Company to accept the Offeror's Facility Offer to Purchase.

  • The Offeree shall have thirty (30) days (a "THIRTY DAY PERIOD") after receipt of the Facility Buy-Sell Offer to respond to either, but not both, the Facility Offer to Sell or the Facility Offer to Purchase, by giving the Offeror notice of such response within the Thirty Day Period.

  • The Customer shall pay to the Bank the arrangement fee in the amount indicated in the Facility Offer Letter.

  • The Arrangement Fee, Application Fee and Processing Fee as stated in the Agreement will be payable upon approval for the issuance of the Facility Offer Letter/Advice Letter.

  • The Parent’s and the Issuer’s obligation to make a Working Capital Facility Offer shall be satisfied if a third party makes the offer in the manner and at the times otherwise in compliance with the requirements herein.

  • The Customer shall pay to the Bank the commitment fee in the amount indicated in the Facility Offer Letter.

  • If the Seller notifies the Purchaser that it accepts the Facility Offer Notice within such period, the Seller will be irrevocably bound to purchase the Brotas 1 Facility for the Facility Price, and the Parties shall consummate the sale and assumption as soon as reasonably practicable following the delivery of such notice to the Purchaser, and in any event within ninety (90) days thereafter.

  • If the Seller fails to notify the Purchaser that it accepts the Facility Offer Notice within such period, then the offer set forth in the Facility Offer Notice will automatically expire at the end of such period and the Purchaser or the applicable Subsidiary may thereafter consummate the Facility Closure.

  • The Buyer's option to purchase an interest in the Facility pursuant to Section 15.01 will not be exercisable from the date notice of the Facility Offer has been made by Supplier until the Facility is sold pursuant to the Facility Offer or while any purchase agreement executed pursuant to the Facility Offer is pending, subject, however, to Buyer's right to share in any Profit as defined herein which may result from said sale.

  • The Facility Offer Letter will be handed over to the customer  The Relationship / Branch Manager will also inform the customer about the validity of the offer and that all formalities have to be completed within the time period stipulated in the Facility Offer Letter.

Related to Facility Offer

  • Equity Offering means any public or private sale of common stock or Preferred Stock of the Issuer or any of its direct or indirect parent companies (excluding Disqualified Stock), other than:

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Increment Offer means a type of Virtual Transaction that is an offer to sell energy at a specified location in the Day-ahead Energy Market. A cleared Increment Offer results in scheduled generation at the specified location in the Day-ahead Energy Market.

  • Qualified Equity Offering means the sale and issuance for cash by the Corporation to persons other than the Corporation or any of its subsidiaries after the Original Issue Date of shares of perpetual Preferred Stock, Common Stock or any combination of such stock, that, in each case, qualify as and may be included in Tier 1 capital of the Corporation at the time of issuance under the applicable risk-based capital guidelines of the Corporation’s Appropriate Federal Banking Agency (other than any such sales and issuances made pursuant to agreements or arrangements entered into, or pursuant to financing plans which were publicly announced, on or prior to October 13, 2008).

  • Extension Offer has the meaning specified in Section 2.15(a).