Norwegian Facility definition

Norwegian Facility means, collectively, (a) the revolving credit facility described in Section 2.1(b), and (d) the letter of credit subfacility described in Section 2.13(b).
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Norwegian Facility means the secured revolving exploration finance facility agreement dated as of June 19, 2009, as amended and restated from time to time, entered into by, among others, Spring Energy Norway AS an original borrower and Merchant Banking, Skandinaviska Enskilda Banken AB as agent;
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Norwegian Facility means that certain loan agreement dated as of August 10, 1998 between Christiania. and Norwegian Holding, the note issued pursuant to the loan agreement and the instruments and documents delivered under the loan agreement.
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Examples of Norwegian Facility in a sentence

  • All references to “US dollars”, “$” or “US$” are to the lawful currency of the United States.This Prospectus presents the Group’s outstanding commitments and outstanding balances as at 31 December 2016 under the Norwegian Facility, which is denominated in Norwegian Krone.

  • Foreign Facility Secured Obligations: the Australian Facility Secured Obligations, the Belgian Facility Secured Obligations, the Canadian Facility Secured Obligations (limited, for purposes of this definition, to those incurred directly by the Canadian Domiciled Loan Parties), the Dutch Facility Secured Obligations, the New Zealand Facility Secured Obligations, the Norwegian Facility Secured Obligations, the Singapore Facility Secured Obligations and the UK Facility Secured Obligations.

  • The Norwegian Facility consists of a secured revolving exploration finance facility agreement dated as of June 19, 2012, as amended, restated or acceded to from time to time, with, among others, Merchant Banking, Skandinaviska Enskilda Banken AB (publ) as agent.

  • Foreign Facility Secured Parties: Australian Facility Secured Parties, Belgian Facility Secured Parties, Canadian Facility Secured Parties, Dutch Facility Secured Parties, New Zealand Facility Secured Parties, Norwegian Facility Secured Parties, Singapore Facility Secured Parties, UK Facility Secured Parties and Secured Bank Product Providers of Bank Products to Foreign Domiciled Loan Parties.

  • Norwegian Facility Management NetworkNorwegian Facility Management Network (NfN), was established in 1992, and has since 1993 conducted an annual benchmarking process amongst the members.

  • Foreign Facility Obligations: the Australian Facility Obligations, the Belgian Facility Obligations, the Canadian Facility Obligations (limited, for purposes of this definition, to those incurred directly by the Canadian Domiciled Loan Parties), the Dutch Facility Obligations, the New Zealand Facility Obligations, the Norwegian Facility Obligations, the Singapore Facility Obligations and the UK Facility Obligations.

  • The Norwegian Facility is a secured revolving exploration finance facility agreement dated as of June 19, 2012, as amended, restated or acceded to from time to time, with, among others, Merchant Banking, Skandinaviska Enskilda Banken AB (publ) as agent.

  • As of March 31, 2014, the outstanding balance was NOK 1,318 million (approximately $219 million) and the commitments under the Norwegian Facility were NOK 2,000 million (approximately $333 million).

  • In addition, on March 8, 2017, GulfMark Rederi requested to borrow $10 million under the Norwegian Facility.

  • To assure sufficient funding of the operations of its operating subsidiaries after the Debtor emerges from this Chapter 11 Case, the Debtor continues to negotiate the terms of exit financing with the existing lenders under the Multicurrency Facility and the Norwegian Facility and other parties.


More Definitions of Norwegian Facility

Norwegian Facility. ’ means the secured revolving exploration finance facility agreement dated as of June 12, 2014, as amended and restated from time to time, entered into by, among others, Tullow Oil Norge AS an original borrower and Merchant Banking, Skandinaviska Enskilda Banken AB (publ) as agent, which was cancelled in full on November 14, 2017 and effective on November 28, 2017;
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Related to Norwegian Facility

  • Canadian Facility the credit facility available to the Canadian Borrowers and the U.S. Borrowers hereunder.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, 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 Company 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.

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

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • 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.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

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

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

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

  • 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.

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

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

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Triage facility means a short-term facility or a portion

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.

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

  • Principal Facility means the real property, fixtures, machinery and equipment relating to any facility owned by the Company or any Subsidiary, except for any facility that, in the opinion of the Board of Directors, is not of material importance to the business conducted by the Company and its Subsidiaries, taken as a whole.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.