Local Facility definition

Local Facility means any of them.
Local Facility means a working capital facility provided to a Subsidiary of RGHL by a Local Facility Provider in respect of which a Local Facility Certificate has been delivered, and not cancelled, under the terms of (and as such term is defined in) the 2007 Intercreditor Agreement and the First Lien Intercreditor Agreement and which constitutes a “Secured Local Facility” as defined in the Credit Agreement Documents.
Local Facility means Indebtedness provided by a lender or other bank or financial institution or which constitutes a “Local Facility” as defined under the Credit Agreement.

Examples of Local Facility in a sentence

  • No activities will be permitted on weekends or holidays unless otherwise approved by the Project Manager and the Local Facility Manager.

  • The Contractor shall coordinate requirements for available utilities/facilities with the NJDOT Project Manager and the Local Facility Manager.

  • The Contractor shall confine his apparatus, the storage of materials and equipment, and the operation of his workmen to limits or directions of the Project Manager and the Local Facility Manager, and shall not unreasonably encumber the premises with his materials.

  • NOTE: The Parties will report a Percent Local Facility ("PLF") factor to one another to represent the percentage of switched dedicated facilities utilied for local traffic.

  • Each New Local Facility shall be in a minimum Dollar Equivalent amount of $25 million.


More Definitions of Local Facility

Local Facility means a working capital facility provided to a Subsidiary of RGHL by a Local Facility Provider in respect of which a Local Facility Certificate has been delivered, and not cancelled, under the terms of (and as such term is defined in) the 2007 UK Intercreditor Agreement and the First Lien Intercreditor Agreement and which constitutes a “Secured Local Facility” as defined in the Credit Agreement Documents.
Local Facility means a public capital facility which, in the judgment of the board, is important primarily within a single city or the unincorporated area of the county.
Local Facility or “Secured Local Facility” shall mean a working capital facility provided to a Subsidiary (other than BP I and the Borrowers) by a Local Facility Provider.
Local Facility means Indebtedness provided to any Foreign Subsidiary by a Local Facility Provider.
Local Facility means a juvenile residential facility intended to house primarily juveniles who are before intake on complaints or before the court on petitions alleging that the juvenile is a child in need of services, child in need of supervision, or delinquent, and which is owned, maintained, or operated by any political subdivision or combination of political subdivisions of the Commonwealth, or a privately owned or operated juvenile residential facility which has contracted with any political subdivision or combination of political subdivisions of the Commonwealth.
Local Facility means any working capital facility, overdraft facility or similar agreement (however excluding leasing and recourse factoring arrangements) providing financing for general corporate purposes of the Group, with any Group Company being a borrower thereunder.
Local Facility means each loan facility permitting borrowings by a Credit Party located outside the United States (a) which are made pursuant to a Local Facility Credit Agreement and supported by a Tranche A Letter of Credit or (b) which are supported by the Guarantee of any Guarantor or a pledge of or a security interest in any Collateral or in any assets of such Credit Party and the existence and terms of which (including the existence and terms of any such Guarantee, pledge or security interest) have been submitted for approval to the Administrative Agent by the Borrower and approved in writing by the Administrative Agent.