Non-Extended Facility definition

Non-Extended Facility has the meaning specified in Section 3.5(d).
Non-Extended Facility. Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

Examples of Non-Extended Facility in a sentence

  • At any time after the second anniversary of the date of this Agreement, the Liquidity Provider of a Liquidity Facility with respect to any Class of Certificates may, at its option, notify the Subordination Agent and ATA of the early termination of such Liquidity Facility pursuant to Section 2.10 of such Liquidity Facility, (a "Non-Extended Facility"), specifying the date of early termination, which shall be not earlier than the 40th day after the date of such notice (the "Early Termination Date").

  • If on or prior to the 15th day prior to the Early Termination Date there shall not have been delivered to the Borrower a Replacement Liquidity Facility as provided in Section 3.6(e) hereof, the Subordination Agent shall, on such 15th day (or as soon as possible thereafter), in accordance with and to the extent permitted by the terms of the Non-Extended Facility, request a drawing under such Non-Extended Facility (such drawing, a "Non-Extension Drawing") of all available and undrawn amounts thereunder.

  • At any time prior to the termination of the Non-Extended Facility, (i) with respect to any Advance, there are no unused commitments to advance loans under the Non-Extended Facility, and (ii) with respect to any issuance of a Letter of Credit, there is not sufficient availability under the Non-Extended Facility to issue a letter of credit in the full amount of such requested Letter of Credit.

  • Rowan Delaware shall have paid, or caused to be paid, all fees, expenses, and other amounts accrued and/or owing by the obligors under the Non-Extended Facility through and including the Closing Date.


More Definitions of Non-Extended Facility

Non-Extended Facility has the meaning specified in Section 3.05(d)(i).
Non-Extended Facility has the meaning specified in Section 3.06(d).
Non-Extended Facility has the meaning given to such term in Section 3.10(c) hereof.
Non-Extended Facility is defined in Section 3.5(d) of the Indenture.
Non-Extended Facility means the facility provided for in this Agreement after the delivery of a Non-Extension Notice pursuant to Section 2.10.