NRT Facility definition

NRT Facility means the non-revolving credit facility established by the Lenders in favour of the Borrowers pursuant to Section 2.1(b).
Sample 1Sample 2
NRT Facility has the meaning ascribed thereto in Section 2.1(a).
Sample 1Sample 2Sample 3
NRT Facility means the credit facility set forth in Section 2.1(a).
Sample 1

Examples of NRT Facility in a sentence

  • The Borrower shall be entitled to one drawdown only under the NRT Facility and such drawdown shall occur on the Closing Date.

  • Amounts which are prepaid as aforesaid in respect of the NRT Facility may not be reborrowed.

  • Amounts under the NRT Facility which have been prepaid as aforesaid may not be re-borrowed and any such prepayments shall be applied in inverse order of maturity.

  • Such payments shall be applied, in the first instance, to prepayment of the NRT Facility in inverse order of maturity and upon repayment in full of the NRT Facility, such prepayments shall be applied to the RT Facility.

  • In general, the spatial patterns of the number of days with rain in M2AMIP, MERRA-2, and the observationsare similar; however, M2AMIP has too few days with precipitation in the Northwest and the Northern Great Plains and too many days in the Northeast.

  • Each Borrower shall repay to the Lenders in full the outstanding credit granted to such Borrower under the NRT Facility on the NRT Maturity Date together with all accrued and unpaid interest thereon and all accrued and unpaid fees with respect thereto.

  • The Borrowers shall apply all of the proceeds of the Credit Facility for general corporate purposes, including the repayment of the NRT Facility (as defined in the Existing Credit Agreement).

  • Xxxxxx XX shall only be entitled to make a single drawdown under the NRT Facility.

  • Agricultural ingredients used in the remaining 10% must be certified organic at a minimum and nonagricultural ingredients used must be permitted by DA.

  • If any Default or Event of Default shall be continuing, the Majority Lenders may determine, in their sole discretion, whether such proceeds shall be used for repair, replacement or such other purpose as the Majority Lender may see fit including, without limitation, the permanent repayment of the NRT Facility in inverse order of maturity until repaid in full and thereafter to the repayment of the RT Facility.

Related to NRT Facility

  • port facility means any publicly or privately owned facility located within this State through which cargo is transported by way of a waterborne ship or vehicle to or from destinations outside this State and which handles cargo owned by third parties in addition to cargo owned by the port facility’s owner.

  • Support Facility means any liquidity or credit support agreement with a CP Conduit which relates to this Agreement (including any agreement to purchase an assignment of or participation in Class B Notes).

  • Port facilities means those facilities owned by the port authority such as: seawall jetties; piers; wharves; docks; boat landings; marinas; warehouses; storehouses; elevators; grain bins; cold storage plants; terminal icing plants; bunkers; oil tanks; ferries; canals; locks; bridges; tunnels; seaways; conveyors; modern appliances for the economical handling, storage, and transportation of freight and handling of passenger traffic; transfer and terminal facilities required for the efficient operation and development of ports and harbors; other harbor improvements; or improvements, enlargements, remodeling, or extensions of any of these buildings or structures.

  • Airport Facilities means any of the following at an airport:

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Replacement Facility means 1 of the following:

  • Common Facility Means a place where tenants utilise the same equipment such as kitchen, laundry meeting room and or car park.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • Gaming Facility means any casino, hotel, resort, race track, off-track wagering site, venue at which gaming or wagering is conducted, and all related or ancillary property and assets.

  • Project Facilities means the facilities, equipment and vehicles provided under the Project;

  • Public facility means 1 or more of the following:

  • On-site generation facility means a generation facility,

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Holding facility means a designated area for the retention of

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • City Facility means any building, structure, property, park, open space, or vehicle, owned, leased or operated by the City, its agents, agencies, departments or franchisees.

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Cannabis cultivation facility means a person that:

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

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • Energy facility means an energy plant or transmission