IP Facility definition

IP Facility means, collectively, one or two credit facilities executed at any time after the Amendment Date, the obligations of which are secured by, among other things, a first priority lien on the IP Facility Collateral.
Sample 1

Examples of IP Facility in a sentence

  • The Lien created by this Agreement shall be primary to any Lien in favor of an IP Facility Agent, created pursuant to an IP Facility Security Agreement and shall be subject to the terms of an Intercreditor Agreement.

  • See Note (1) *** *** *** Transplant Years 2 - 5 Follow-up (excludes corneal); OP and IP Professional *** *** *** Transplant Years 2 -5; Follow-up (excludes corneal); OP and IP Facility *** *** *** Urgent Care - OP - Fac & Prof *** *** *** Vision - Medical Treatment - OP - Prof *** *** *** Vision - Refraction for Contact Lenses/Frames - OP - Prof *** *** *** *** All references to the division of financial responsibility have been deleted.

  • The Facility Documentation will contain customary provisions (substantially consistent with the Existing IP Facility and otherwise customary for transactions of this type) for indemnification of the Arrangers, Lenders and the Administrative Agent (with exceptions including, as to any indemnitee, for losses to the extent resulting from such indemnitee’s gross negligence, bad faith or willful misconduct as determined by a court of competent jurisdiction in a final and nonappealable judgment).

  • OT/PT/RT/ST - OP – Prof *** *** *** Skilled Nursing Facility - IP – Fac *** *** *** Sleep Studies – OP *** *** *** TMJ - Evaluation (excludes dental exams/treatment) - OP – Prof *** *** *** Transfusions - OP – Fac *** *** *** Transplant Candidacy and Maintenance: OP and IP Professional *** *** *** Transplant Candidacy and Maintenance: OP and IP Facility *** *** *** Transplant Evaluation (excludes corneal); OP and IP Professional.

  • OT/PT/RT/ST - OP - Prof *** *** *** Skilled Nursing Facility - IP - Fac *** *** *** Sleep Studies - OP *** *** *** TMJ - Evaluation (excludes dental exams/treatment) - OP - Prof *** *** *** Transfusions - OP - Fac *** *** *** Transplant Candidacy and Maintenance; OP and IP Professional *** *** *** Transplant Candidacy and Maintenance; OP and IP Facility *** *** *** Transplant Evaluation (excludes corneal); OP and IP Professional.

  • The Facility Documentation will contain expense reimbursement provisions for the Arrangers and the Administrative Agent substantially consistent with the Existing IP Facility and otherwise customary for facilities of this type.

  • The Facility Documentation will contain yield protection provisions, consistent with the Existing IP Facility and otherwise customary for transactions of this type, protecting the Lenders in the event of unavailability of LIBOR, breakage losses, reserve, capital adequacy requirements and withholding taxes.

  • Each Lender may assign to one or more banks or other entities (other than Ineligible Institutions (as defined in the Existing IP Facility)) all or, subject to minimum amounts to be agreed, a portion of its loans and commitments under the Initial Facility.

  • The Lien created by this Agreement shall be primary to any Lien in favor of an IP Facility Agent, created pursuant to an IP Facility Security Agreement and shall be subject to the terms of the Intercreditor Agreement.

Related to IP Facility

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • DIP Facility Documents means the DIP Credit Agreement and any other documents and agreements entered into in connection with the DIP Credit Agreement or the incurrence of the DIP Facility and any orders of the Bankruptcy Court related thereto or entered in connection therewith.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

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

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

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

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

  • DIP means debtor-in-possession.

  • 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.

  • Existing Facility Agreement means the senior secured credit facility dated 26 October 2000 made between, inter alia, UPC Broadband, UPC Financing and Toronto Dominion (Texas) LLC as facility agent and the banks and financial institutions listed therein, as amended from time to time.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • 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;

  • Bank Facility means any credit agreement, including the Existing Credit Agreement, 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 Borrower 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.

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Exit Facility Documents means the Exit Facility, the Exit Facility Commitment Letter, and any other guarantee, security, and relevant documentation with respect to the Exit Facility, each in form and substance acceptable to the Debtors and the Requisite Creditors.

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

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

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • ABL Facility Documents means the agreements and other instruments governing the ABL Facility, together with any guarantees thereof and any security documents, other collateral documents and other instruments relating thereto (including documents and instruments governing Hedging Obligations required by the ABL Facility or relating to ABL Obligations).

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

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Exit ABL Facility means the asset-based revolving credit facility provided for under the Exit ABL Credit Agreement.