High Yield Facility definition

High Yield Facility has the meaning given to the term “Facility” (or equivalent) in any High Yield Facilities Agreement.
High Yield Facility means that certain high yield facility evidenced by those certain $425,000,000 12% Senior Secured Notes due 2018, issued by DRC on August 13, 2010.
High Yield Facility means means that certain high yield facility evidenced by those certain $425,000,000 12% Senior Secured Notes due 2018, issued by Diamond Resorts Corporation on August 13, 2010.

Examples of High Yield Facility in a sentence

  • The plan includes an Engineering Test Facility (ETF) in two phases.ETF Phase I would be a single-shot Z-Pinch High Yield Facility built using RTLs, LTD accelerator technology, and the single-shot equivalent of a thick-liquid wall chamber.After high-yield targets have been demonstrated, the facility would be converted to ETF Phase II, which would be repetitive at 0.1 Hz and produce electricity for short periods of time.

  • HOME-assisted units shall comply with the purchase price limitation requirements in CFR 24 § 92.254.

Related to High Yield Facility

  • 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;

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

  • 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.

  • Test Facility means any WRAS suitably accredited test laboratory;

  • 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.

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

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

  • Composting facility means a site, location, tract of land, installation, or building used for composting of solid waste in accordance with Chapter 3734. of the Revised Code and rules adopted thereunder. The composting facility includes the area of materials placement and any leachate management system structures.

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

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

  • Term Facilities means the Term A Facility and the Term B Facility.

  • Senior Facilities means the Credit Agreement and any Additional Senior Debt Facilities.

  • Senior Facility has the meaning given to the term “Facility” in the Senior Facilities Agreement.

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

  • Permitted Receivables Facility Assets means (i) Receivables (whether now existing or arising in the future) of the Company and its Subsidiaries which are transferred or pledged to the Receivables Entity pursuant to the Permitted Receivables Facility and any related Permitted Receivables Related Assets which are also so transferred or pledged to the Receivables Entity and all proceeds thereof and (ii) loans to the Company and its Subsidiaries secured by Receivables (whether now existing or arising in the future) and any Permitted Receivables Related Assets of the Borrower and its Subsidiaries which are made pursuant to the Permitted Receivables Facility.

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

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

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

  • Senior ABL Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

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

  • Receivables Facility Assets means presently existing and hereafter arising or originated Accounts, Payment Intangibles and Chattel Paper (as each such term is defined in the Uniform Commercial Code in effect in the State of New York from time to time) owed or payable to any Participating Receivables Grantor, and to the extent related to or supporting any Accounts, Chattel Paper or Payment Intangibles, or constituting a receivable, all General Intangibles and other forms of obligations and receivables owed or payable to any Participating Receivables Grantor, including the right to payment of any interest, finance charges, late payment fees or other charges with respect thereto (the foregoing, collectively, being “receivables”), all of such Participating Receivables Grantor’s rights as an unpaid vendor (including rights in any goods the sale of which gave rise to any receivables), all security interests or liens and property subject to such security interests or liens from time to time purporting to secure payment of any receivables or other items described in this definition, all guarantees, letters of credit, security agreements, insurance and other agreements or arrangements from time to time supporting or securing payment of any receivables or other items described in this definition, all customer deposits with respect thereto, all rights under any contracts giving rise to or evidencing any receivables or other items described in this definition, and all documents, books, records and information (including computer programs, tapes, disks, data processing software and related property and rights) relating to any receivables or other items described in this definition or to any obligor with respect thereto, and all proceeds of the foregoing.

  • 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.