facility transaction definition

facility transaction means a transaction in traded securities or options that is made on or reported to a recognised investment exchange;
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facility transaction means the transactions contemplated by the Transaction Documents.
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Examples of facility transaction in a sentence

  • Located in El Dorado, Arkansas adjacent to the El Dorado refinery, the Rail Offloading Facility (as defined in the El Dorado Rail Offloading Facility Transaction Agreement listed on Schedule IX).

  • The Facility Transaction Documents have been duly and validly authorized, executed and delivered on behalf of the Investor and are valid and binding agreements of the Investor enforceable against the Investor in accordance with their terms, subject as to enforceability to general principles of equity and to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation and other similar laws relating to, or affecting generally, the enforcement of applicable creditors' rights and remedies.

  • The Company further represents to the Investor that the Company's decision to enter into the Facility Transaction Documents has been based solely on the independent evaluation by the Company and its representatives.

  • The execution and delivery of the Facility Transaction Documents shall not alter the force and effect of any other agreements between the Parties, and the obligations under those agreements.

  • The Company will use the proceeds from the sale of the Shares (excluding amounts paid by the Company for fees as set forth in the Facility Transaction Documents) for general corporate and working capital purposes and acquisitions or assets, businesses or operations or for other purposes that the Board of Directors, in its good xxxxx xxxx to be in the best interest of the Company.

  • The Company acknowledges and agrees that the Investor is acting solely in the capacity of an arm's length purchaser with respect to the Facility Transaction Documents and the transactions contemplated hereby and thereby.

  • The Company specifically acknowledges that, subject to such limitations as are expressly set forth in the Facility Transaction Documents, its obligation to issue shares of Common Stock upon purchases pursuant to this Agreement is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other shareholders of the Company.

  • The execution, delivery and performance of the Facility Transaction Documents by the Investor and the consummation by the Investor of the transactions contemplated hereby and thereby will not result in a violation of Limited Liability Company Operating Agreement or other organizational documents of the Investor.

  • Except as otherwise set forth in the Facility Transaction Documents, each party shall pay the fees and expenses of its advisers, counsel, the accountants and other experts, if any, and all other expenses incurred by such party incident to the negotiation, preparation, execution, delivery and performance of this Agreement.

  • Subject to the terms and conditions of the Facility Transaction Documents, during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars) (the "Put Amount"), which the Company intends to sell to the Investor on a Closing Date (the "Put").

Related to facility transaction

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Hedge Transaction means each interest rate swap, index rate swap or interest rate cap transaction or comparable derivative arrangement between the Borrower and a Hedge Counterparty that is entered into pursuant to Section 10.6 and is governed by a Hedging Agreement.

  • Permitted Acquisition means any acquisition by Borrower or any of its wholly owned Subsidiaries, whether by purchase, merger, amalgamation or otherwise, of all or substantially all of the assets of, all of the Equity Interests of, or a business line or unit or a division of, or a product or a product candidate of, any Person; provided that: