GIEK Facility Loan definition

GIEK Facility Loan means the principal amount of the GIEK Facility Advances for the time being outstanding under this Agreement.

Examples of GIEK Facility Loan in a sentence

  • Any Finance Party may disclose in the case of the Primary GIEK Lender, confidential information to any rating agency in connection with any transaction related to such Primary GIEK Lender funding of its proportion of the GIEK Facility Loan.

  • The Primary GIEK Lender shall have no further right to participate in the GIEK Facility Loan and the Finance Documents shall be read and construed accordingly.

  • Only one single utilisation may be made of the ECA Lender GIEK Facility Loan and/or the ECA Lender Commercial Facility Loan.

  • If the Commercial Credit Facility Loan is not refinanced or renewed on or before February 28, 2019, the GIEK Facility Lender shall have the option to require prepayment of the GIEK Facility Loan by notifying the Borrowers and the Administrative Agent in writing on or before March 6, 2019; any such prepayment demanded shall be paid by the Borrowers on or before May 31, 2019.

  • The Borrowers shall have the right, upon at least ten (10) Business Days’ irrevocable prior written notice to the Administrative Agent, to cancel or terminate, in whole or reduce ratably, in part, any undrawn Commitment, provided that each partial reduction of an undrawn Commitment (i) shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) shall be made on a pro-rata basis across each of the GIEK Facility Loan and the Commercial Facility Loan.

  • If the Borrowers do not agree with an interest rate set by the Administrative Agent under Section 5.10, the Borrowers may give the Administrative Agent not less than thirty (30) day’s notice of their intention to prepay, as applicable, the Commercial Facility Loan Contribution or, with respect to such period that Section 5.2(a)(ii) is applicable, the GIEK Facility Loan Contribution, as the case may be, of the affected Lender at the end of the interest period set by the Administrative Agent.

  • Any mandatory partial prepayment of the GIEK Facility Loan and/or the Commercial Facility Loan shall, unless otherwise expressly provided, be applied pro rata to the GIEK Facility Loan and the Commercial Facility Loan, in each case in inverse order of maturity.

  • Any partial prepayment of the GIEK Facility Loan and/or the Commercial Facility Loan shall, unless otherwise expressly provided, be applied pro rata to the GIEK Facility Loan and the Commercial Facility Loan, in each case in inverse order of maturity.

  • The GIEK Facility Loan and the Commercial Facility Loan shall be available in not more than ten (10) Advances from the relevant Section 10.2 conditions precedent satisfaction date, for the purposes provided in Section 2.4 and in accordance with Section 4.2 until the relevant Delivery Date (such period, the “Availability Period”).

Related to GIEK Facility Loan

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

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

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

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

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $50,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan as defined in Section 2.1.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • 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.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Revolving Loan Note means a promissory note in the form of Exhibit 2.5-1, as it may be amended, supplemented or otherwise modified from time to time.

  • Swingline Loan means a Loan made pursuant to Section 2.04.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.