Local Facility definition

Local Facility means any of them.

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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 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.

Examples of Local Facility in a sentence

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

• No Revolving Lender shall be obligated to transfer any portion of its Revolving Commitments to a New Local Facility unless it so agrees.

• The designation of Commitments to any New Local Facility shall be made pursuant to an amendment (each, a “Local Facility Amendment”) to this Agreement and, as appropriate, the other Loan Documents, executed by the Loan Parties, the Administrative Agent and each New Local Facility Lender.

• The portion of facilities used for local interconnection, and thus potentially subject to ▇▇▇▇ and keep, is determined by the Percent Local Facility ("PLF") provided by each Party to the other Party.

• The designation of Revolving Commitments to any New Local Facility shall be made pursuant to an amendment (each, a “Local Facility Amendment”) to this Agreement and, as appropriate, the other Fundamental Documents, executed by the Loan Parties, the Administrative Agent and each New Local Facility Lender.

More Definitions of Local Facility

Local Facility means Indebtedness provided to any Foreign Subsidiary by a Local Facility Provider.

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 means Indebtedness provided by a lender or other bank or financial institution or which constitutes a “Local Facility” as defined under the Credit Agreement.

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 a working capital facility provided to a Subsidiary of Holdings 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 Intercreditor Agreement and which constitutes a “Secured Local Facility” as defined in the Credit Agreement Documents.

Local Facility means Indebtedness provided to any Foreign Subsidiary by a lender or other bank or financial institution or which constitutes a “Local Facility” as defined under the Credit Agreement as in effect on the Issue Date.

Local Facility means a facility offering local services and