HSBC Facility definition

HSBC Facility means the six-year committed term non-revolving facility in the amount of $12.5 million; “IADC” means the International Association of Drilling Contractors;

HSBC Facility means the loan facility granted by HSBC (in its capacity as the lender) to the Offeror to finance part of the LF Offers;

HSBC Facility means the INR 370 million funded and non-funded unsecured working capital facility obtained by WNS Global Services Private Limited from the Hongkong and Shanghai Banking Corporation Limited.

Examples of HSBC Facility in a sentence

• None of BMO Facility Agreements or the HSBC Facility Agreements has been amended or supplemented, nor have any of the provisions thereof been waived, except pursuant to a written agreement or instrument which has been delivered to Lender.

• None of BMO Facility Agreements or the HSBC Facility Agreements has been amended or supplemented, nor have any of the provisions thereof been waived, except pursuant to a written agreement or instrument which has heretofore been delivered to Lender.

• This consent is subject to receipt by Lxxxxx of a consent to the Gxxxxxx Acquisition by HSBC under the HSBC Facility Agreements satisfactory in form and substance to Lender.

• During the year ended December 31, 2021, Western had the following changes to its cash balances, which resulted in an $11.8 million decrease in cash and cash equivalents in the year, where the proceeds from the HSBC Facility were used to pay the Company’s Second Lien Facility interest in January 2021: The Credit Facilities, which have a maximum available amount of $60.0 million, mature on July 1, 2022.

• The Second Lien Facility is due January 31, 2023 and subsequent to December 31, 2021, the terms of the Second Lien Facility are to be amended as described previously.Trade payables and other current liabilities:The Company has recorded trade payables for amounts due to third parties which are expected to be paid within one year.HSBC Facility and interest:The Company pays interest on the HSBC Facility monthly, with principal payments commencing January 1, 2022.

More Definitions of HSBC Facility

HSBC Facility has the same meaning as defined in Clause 6.5(a)

HSBC Facility means the six-year committed term non-revolving facility in the amount of $12.5 million with HSBC under BDC’s Business Credit Availability Program, bearing interest at a floating rate and maturing on December 31, 2026;

HSBC Facility means that certain $12,000,000 line of credit facility as evidenced by the that certain Fifth Amended and Restated Credit Agreement dated as of November 30, 2005, by and among Borrowers and HSBC Bank Canada, a Canadian chartered Bank.

HSBC Facility means the six-year committed term non-revolving facility in the amount of $12.5 million;

HSBC Facility means the facility borrowed under the $70,000,000 (originally $30,000,000) facility agreement between, among others, Cascal N.V. and Cascal Holdings Limited as borrowers and HSBC Bank plc as mandated lead arranger, agent and security trustee dated 25 June 2007 (as amended from time to time). IFRS means international accounting standards within the meaning of IAS Regulation 1606/2002 to the extent applicable to the relevant financial statements.

HSBC Facility means a (Pounds)50,000,000 term loan and guarantee facility and a (Pounds)5,000,000 revolving credit facility dated 9 June 1999 (as amended) between, inter alios, Xxxxxxxx Xxxxx Group PLC and HSBC Investment Bank PLC.

HSBC Facility means the facility letter agreement among FT Services, all of its subsidiaries and HSBC Bank Canada dated June 29, 2009, as amended from time to time, pursuant to which: (a) FT Services may draw down on a revolving credit facility up to a maximum of $60 million; (b) FT Services is provided a $15 million non-revolving residential mortgage facility; and (c) FT Services is provided a $1 million corporate MasterCard facility;