FF&E Facility Agreement definition

FF&E Facility Agreement means that certain loan agreement among ▇▇▇▇ Las Vegas, the FF&E Agent and the FF&E Lenders dated as of October 30, 2002 or any permitted refinancings thereof. "FF&E Intercreditor Agreement" means that certain Intercreditor Agreement (FF&E) dated as of October 30, 2002 among the Bank Agent, the Indenture Trustee and the FF&E Agent.
FF&E Facility Agreement the credit agreement among the Borrower, the FF&E Agent and the other FF&E Lenders party thereto dated as of October 30, 2002.
FF&E Facility Agreement means (i) the credit agreement among Borrowers General Electric Capital Corporation and the other FF&E Lenders party thereto evidencing the debt facility on the terms described in the Approved Equipment Funding Commitment or otherwise on terms reasonably acceptable to Arranger and Administrative Agent, (ii) such other agreements among FF&E Lender(s) and Borrowers providing for all or a portion of the FF&E Facility (not covered under clause (i)) on substantially the same terms as described in the Approved Equipment Funding Commitments or otherwise reasonably satisfactory to the Arranger and Administrative Agent, provided in each case that the applicable FF&E Lenders have entered into intercreditor agreement(s) in form and substance satisfactory to the Administrative Agent.

Examples of FF&E Facility Agreement in a sentence

  • The occurrence of an "Event of Default" under and as defined (a) in the Bank Credit Agreement, (b) in the FF&E Facility Agreement or (c) in the Second Mortgage Notes Indenture.

  • All Loss Proceeds (other than those in respect of the Aircraft Collateral which shall be governed by the FF&E Facility Agreement) shall be paid by the insurers, reinsurers, Governmental Authorities or other payors directly to the Disbursement Agent for deposit in the Company's Funds Account.

  • Without limiting the generality of the foregoing, the waivers of the guarantors under Section 2.5 of the Bank Guarantee and Collateral Agreement and the "FF&E Guaranty" (as defined in the FF&E Facility Agreement) are hereby incorporated herein by this reference mutatis mutandis and such waivers shall be deemed to be made by ▇▇▇▇ Las Vegas Capital Corp.

  • Pledgor agrees that its indemnity of Secured Party and each FF&E Lender set forth in the Disbursement Agreement and the FF&E Facility Agreement shall apply, subject to the terms thereof, to any and all claims, losses and liabilities in any way relating to, growing out of or resulting from this Agreement and the transactions contemplated hereby (including enforcement of this Agreement).

  • The FF&E Agent shall have confirmed that the conditions precedent set forth in Sections 4.1 of the FF&E Facility Agreement shall have been satisfied.

  • The FF&E Agent shall have confirmed that the conditions precedent set forth in Sections 4.1 of the FF&E Facility Agreement shall have been satisfied or waived.

  • Administrative Agent shall have received from Borrowers a duly executed waiver regarding the FF&E Facility Agreement in form and substance reasonably satisfactory to Administrative Agent.

  • The FF&E Agent (acting under the FF&E Facility Agreement) shall at all times be entitled to waive the conditions precedent under Section 3.3 with respect to Advances under the FF&E Facility without the Bank Agent's or the Indenture Trustee's consent.

  • Any replacement items that are permitted under the FF&E Facility Agreement and the Bank Credit Agreement to constitute FF&E Component Collateral shall constitute FF&E Collateral hereunder and shall be subject to the lien priorities set forth in Section 2.1 above.

  • The FF&E Agent hereby grants the Eligible Payor the right (without any obligation) to pay off in cash, at any time when an Event of Default has occurred and is continuing under the FF&E Facility Agreement, all, but not less than all, of the principal of and interest on all FF&E Component Secured Obligations outstanding at the time of payment.


More Definitions of FF&E Facility Agreement

FF&E Facility Agreement means (i) the credit agreement among Borrowers, General Electric Capital Corporation and the other FF&E Lenders party thereto evidencing the debt facility on the terms described in the Approved Equipment Funding Commitment or otherwise on terms reasonably acceptable to Lender, (ii) such other agreements among FF&E Lender(s) and Borrowers providing for all or a portion of the FF&E Facility (not covered under clause (i)) on substantially the same terms as described in the Approved Equipment Funding Commitment or otherwise reasonably satisfactory to Lender, provided in each case that the applicable FF&E Lender(s) have entered into an intercreditor agreement in form and substance satisfactory to Lender.
FF&E Facility Agreement means that certain loan agreement among Wynn Las Vegas, the FF&E Agent and the FF&E Lenders dated as of October 30, 2002 or any permitted refinancings thereof.
FF&E Facility Agreement means (i) that certain credit agreement among Borrowers, General Electric Capital Corporation and the other FF&E Lenders party thereto dated December 22, 1997, (ii) such other agreements among FF&E Lender(s) and Borrowers providing for all or a portion of the FF&E Facility (not covered under clause (i)) on substantially the same terms as the financing described in clause (i) above, or otherwise reasonably satisfactory to the Arrangers and Administrative Agent, provided in each case that the applicable FF&E Lenders have entered into intercreditor agreement(s) in form and substance satisfactory to the Administrative Agent.
FF&E Facility Agreement means (i) that certain credit agreement dated December 22, 1997 among Borrowers, General Electric Capital Corporation and the other FF&E Lenders party thereto as amended by (x) a Limited Waiver and First Amendment to Term Loan and Security Agreement dated as of November 12, 1999, (y) a Limited Waiver and Second Amendment to Term Loan and Security Agreement dated as of June 13, 2000 and (z) a Limited Waiver, Consent and Third Amendment to Term Loan and Security Agreement dated as of June 29, 2001 (as further amended, restated, supplemented or modified from time to time), (ii) the FF&E Facility Agreement (2001) and (iii) such other agreements among FF&E Lender(s) and Borrowers providing for all or a portion of the FF&E Facility (not covered under clause (i) or (ii)) on substantially the same terms as the financing described in clause (i) or (ii) above, or otherwise reasonably satisfactory to the Arranger and Administrative Agent (as amended, restated, supplemented or modified from time to time), provided in each case that the applicable FF&E Lenders have entered into intercreditor agreement(s) in form and substance satisfactory to the Administrative Agent.
FF&E Facility Agreement has the meaning given in the recitals hereto.