Hilli Facility definition

Hilli Facility means the financing arrangement for the Vessel evidenced by the Hilli Facility Documents.

Examples of Hilli Facility in a sentence

  • Golar agrees to continue to provide its guarantee of 50% of Hilli Corp’s indebtedness under the Hilli Facility for so long as the Hilli Facility remains in effect.

  • Other than as provided in the Hilli Facility Documents, there are no outstanding options or other rights to purchase the Vessel, and on the Closing Date, there will be no outstanding options or other rights to purchase the Vessel.

  • State Aid In December 2013, Cabinet considered legal advice in relation to the Council’s proposed financial support to the Devonshire Park project and agreed European Commission notification was not required.

  • The Sellers have supplied to Buyer true and correct copies of the Gas Agreement, the Vessel Management Agreements, the Hilli Facility Documents, the Liquefaction License and any related documents, as amended through the Closing Date (the “Key Agreements”).

  • As of the Closing Date, net lease obligations under the Hilli Facility, taking into account the Hilli Facility Amendment, will be between $930 million and $960 million.

  • The Hilli Facility provided for post-construction financing for the Hilli in the amount of $960 million.

  • On the Closing Date, the Purchase Price shall be (a) increased in an amount equal to 50% of the amount by which the net lease obligations under the Hilli Facility as of the Closing Date are less than $960 million or (b) decreased in an amount equal to 50% of the amount by which the net lease obligations under the Hilli Facility as of the Closing Date are greater than $960 million.

  • We entered into a $480.0 million interest rate swap in relation to our proportionate share of the obligation under the Hilli Facility.

  • As of the Closing Date, Hilli Corp will be the disponent owner and bareboat charterer of the Vessel pursuant to the Hilli Facility Documents.

  • As of the date hereof, such Seller owns the Hilli Corp Shares set forth opposite its name in Schedule B and has good and valid title thereto, free and clear of any and all Encumbrances other than those arising under the Hilli Facility Documents.

Related to Hilli Facility

  • Marihuana facility means a location at which a licensee is licensed to operate under the medical marihuana facilities licensing act.

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

  • Clean coal SNG facility means a facility that uses a

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • 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.

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

  • Clean coal facility means an electric generating

  • Electric Facility means a Generator or an electric transmission facility.

  • Tanning facility means a place that provides access to tanning devices for compensation.

  • Cannabis cultivation facility means a person that:

  • Marijuana cultivation facility means an entity licensed to cultivate, prepare, and package marijuana and sell marijuana to retail marijuana stores, to marijuana product manufacturing facilities, and to other marijuana cultivation facilities, but not to consumers.

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

  • 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.

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • 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;

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

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

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

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Recycling Facility means equipment used by a trade or business solely for recycling:

  • nuclear facility means, except as otherwise agreed to by the Underwriter, any of the following, provided that Nuclear Material is contained therein or being used therewith or Nuclear Material is present at the site where the same is located:

  • Cannabis processing facility means a person that:

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • Holding facility means a designated area for the retention of

  • 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.

  • Energy facility means an energy plant or transmission