Definition of Non-Revolving Credit Facility


Non-Revolving Credit Facility means the credit facility to be made available to the Limited Partnership in accordance with the terms of the Project Financing Agreement.
Sample 1

Examples of Non-Revolving Credit Facility in a sentence

Except as otherwise provided herein, the Company will give the Agent a Notice of Borrowing with respect to each Borrowing under the Non-Revolving Credit Facility, not later than 11:00 a.m. (Cincinnati time) on (a) the Business Day of the proposed Borrowing in the case of a Borrowing consisting of Base Rate Advances and (b) three (3) Business Days prior to the proposed Borrowing Date, in the case of a Borrowing consisting of Eurodollar Rate Advances.
The Lenders will have no obligation to make Eurodollar Rate Advances if thereafter there would be outstanding under the Revolving Credit Facility and the Non-Revolving Credit Facility Eurodollar Rate Advances with Interest Periods that end on more than five (5) different dates.
The Lenders will have no obligation to make any advances under the Non-Revolving Credit Facility on or after June 1, 2001.
The Lenders will have no obligation to make Eurodollar Rate Advances if thereafter there would be outstanding under the Non-Revolving Credit Facility Eurodollar Rate Advances with Interest Periods that end on more than two (2) different dates.
The Lenders will have no obligation to make Eurodollar Rate Advances if thereafter there would be outstanding under the Non-Revolving Credit Facility and the Revolving Credit Facility Eurodollar Rate Advances with Interest Periods that end on more than five (5) different dates.