Guarantee Facility definition

Guarantee Facility means the Guarantee Facility made available under this Agreement as described in Clause 2.2 (Guarantee Facility).

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Guarantee Facility means the $90 million guarantee facility under the Prepetition Cash Management Agreement.

Guarantee Facility means the subaccount No. ▇▇▇▇▇▇▇ (Fondo Senior) created under the Fideicomiso 1148-0 (Fondo para la Participación en el Riesgo), a trust fund established under the Fideicomiso 8013-9 administered by NAFIN and created pursuant to the agreement dated December 20, 2001 and registered in the Borrower trust registry within SHCP under No. 368-V-537, for the purposes of providing repayment default risk guarantees to NAFIN in respect to and upon verification that a Default Event has materialized, all in support of NAFIN’s lending (through the Operator) of Credits to Eligible Beneficiaries under the Project, utilizing the proceeds of the Grant allocated to Part 2(b) of the Project and other sources of financing, including the counterpart funds to be provided by the Recipient, through SENER.

Examples of Guarantee Facility in a sentence

• If the Commercial Lenders Guarantee is not issued by the expiry of the Availability Period-Commercial Lenders’ Guarantee, the Guarantee Facility Commitment shall automatically be cancelled at the same time.

• Set up under the cross-sectoral strand of the Creative Europe programme (▇▇▇▇▇://▇▇.▇▇▇▇▇▇.▇▇/programmes/creative-europe/), the Cultural and Creative Sectors Guarantee Facility (▇▇▇▇://▇▇▇▇▇▇.▇▇/rapid/press-release_IP-16-2345_en.htm) is the first EU investment instrument with such a wide scope in the culture and creative sectors.

• The provisions of this Chapter 7 (Special provisions – Guarantee Facility) include special rules applicable if a Guarantee Facility is made available under the Credit Facility Agreement entered into between the Borrower and the Bank.

• The Borrower undertakes to create additional security covering the value exceeding the Facility Limit of the Guarantee Facility, of the nature and within the deadline set out by the Bank and to perform the appropriate publicity formalities in a 10 (ten) Business Day period starting from the notification date.

• The provisions of Chapter 1 (General provisions) hereof shall apply accordingly to the Credit Facility Agreement entered into between the Borrower and the Bank pursuant to which a Guarantee Facility is made available to the Borrower.

More Definitions of Guarantee Facility

Guarantee Facility means a facility for issuance of Guarantee Instruments made available to the Borrower by the Bank in accordance with Chapter 7 (Special provisions – Guarantee Facility) hereof.

Guarantee Facility means any facility where guarantees or letters of credit are made available to and issued in favour of a

Guarantee Facility means the multi-currency revolving guarantee and letter of credit facility referred to in clause 2.1.1(a)(ii) in the amount of up to the Guarantee Facility Limit and made available by the Banks to the Borrower pursuant to this Agreement;

Guarantee Facility means the guarantee facility in the sum of up to $16,320,000 made available to the Borrower by the Lender under this Agreement;

Guarantee Facility means the U.S. Dollar and Optional Currency guarantee facility referred to in Clause 2.2;

Guarantee Facility means the Guarantee Facility made available under the GIEK Facility Agreement as described in Clause 2.2 (Guarantee Facility) of the GIEK Facility Agreement.

Guarantee Facility means a guarantee facility made available under this Agreement in the amount of up to USD 20,000,000.