Examples of Partnership Credit Facility in a sentence
The Partnership owns such interests in its Subsidiaries free and clear of all Liens except for Liens under the Partnership Credit Facility which will be released on or prior to the Effective Date, and Liens described by clause (i) of the definition of Permitted Encumbrances.
The Partnership anticipates funding such cash requirements primarily with available cash flow and borrowings under the Partnership Credit Facility.
Proceeds from the Partnership Credit Facility are available to the Partnership for general partnership purposes, including financing of capital expenditures, for working capital, and subject to certain limitations, for paying distributions to the Unitholders.
The Partnership Credit Facility can also be utilized to issue letters of credit as may be required from time to time; however, no letters of credit are currently outstanding.
VI No. 21) 14 Jan 1947 14 Jan 1947 Transfer of Land Act Amendment Act 1950 18 17 of 1950 (14 Geo.