Facility definition

Facility means the Term Facility or the Revolving Credit Facility, as the context may require.
Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.
Facility means the entire operation located on the property where the Equipment is located;

Examples of Facility in a sentence

  • The Buyer will advance the Seller a Credit Facility of $3.75M (the "Facility Amount"), where the Seller may access draws to cover working capital prior to a delivery under this Contract.

  • Provided the Buyer will increase the Credit Facility Amount, as may be adjusted, by at least 1/3 of the value of the expected quarterly Zinc concentrate production , the Buyer shall receive a right of first refusal to buy 100% of the Seller's zinc concentrate production over the course of the agreement under separate contractual terms.

  • The Renter shall comply with all local, state, and federal laws and regulations related to the use of the Facility.

  • The Administrative Agent shall have received written notice from the Borrower to terminate the Existing Credit Facility in accordance with its terms and all outstanding obligations thereunder shall have been paid in full.

  • Renter shall indemnify, defend, and hold harmless The Plain View Community Coalition its officers, employees, and agents from any and all losses, costs, expenses, claims, liabilities, actions, or damages, including liability for injuries to any person or persons or damage to property arising at any time during and/or arising out of or in any way connected with Xxxxxx's use or occupancy of the Facility and adjoining property.


More Definitions of Facility

Facility each of (a) the Term Commitments and the Term Loans made thereunder (the “Term Facility”) and (b) the Revolving Commitments and the extensions of credit made thereunder (the “Revolving Facility”).
Facility shall have the meaning set forth in the Recitals.
Facility means property improvements completed or in the process of construction which together comprise an integral whole.
Facility means a single premise that, in general, consists of a contiguous tract of land separated by nothing more than a street, alley, or railroad right-of-way, where all buildings and/or energy-consuming devices are owned by a single Customer.