GIEK Facility definition

GIEK Facility means the term loan facility made available by the GIEK Facility Lenders under this Agreement as described in clause 2.
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GIEK Facility means the facility made available under this Agreement as described in Clause 2.1 (Facility).
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GIEK Facility means the USD 275,000,000 senior secured credit facility made available by the GIEK Facility Agreement.
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Examples of GIEK Facility in a sentence

  • Upon receipt of any amount from GIEK by the GIEK Agent, the GIEK Agent shall promptly pay to the order of each GIEK Facility Lender that GIEK Facility Lender’s GIEK Proportionate Share of such amount and until so paid such amount shall be held by the GIEK Agent on trust absolutely for that GIEK Facility Lender.

  • The Borrower shall on the GIEK Final Maturity Date repay to the Facility Agent the GIEK Final Payment, together with all interest and other amounts payable under this Agreement, the Facility Documents and the GIEK Guarantee due to the GIEK Facility Lenders.

  • The GIEK Facility Agent may accept deposits from, lend money to and generally engage in any kind of banking or other business with the Obligors.

  • The Finance Parties shall be notified by the GIEK Facility Agent of a waiver granted pursuant to this Clause.

  • The Borrower may, by giving the GIEK Facility Agent not less than three (3) Business Days prior written notice, permanently reduce, cancel or terminate all or part of the Facility without premium or penalty.

  • Any interest accruing under this Clause 9.3 shall be immediately payable by the Obligors on demand by the GIEK Facility Agent.

  • If a Market Disruption Event occurs and the GIEK Facility Agent or the Borrower so requires, the GIEK Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

  • Upon any such reduction the GIEK Facility Agent shall, if applicable, replace Schedule 5 (Repayments and Reductions) with an amended and new repayment and reduction schedule reflecting the correct scheduled amounts and provide a copy to the Borrower and the GIEK Lenders thereof.

  • The GIEK Facility Agent shall promptly notify the GIEK Lenders and the Borrower of the determination of a rate of interest under this Agreement.

  • The Borrower shall pay such other fees as set out in the Fee Letters to the GIEK Facility Agent for further distribution.


More Definitions of GIEK Facility

GIEK Facility means the USD 275,000,000 senior secured credit facility made available by the GIEK Facility Agreement. “Group” has the meaning given to it in the Common Terms Agreement.
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Related to GIEK Facility

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Public facility means 1 or more of the following:

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • 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.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Local Facility means any of them.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Facility Agreement means the Facility Agreement referred to in Recital (A).

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Triage facility means a short-term facility or a portion

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Holding facility means a designated area for the retention of

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.