PXF Facility definition

PXF Facility means that certain “USD 100,000,000 Pre-Export Finance Facility Agreement” dated February 6, 2017 between The Mauritius Commercial Bank Limited, Erin Energy Corporation and Erin Petroleum Nigeria Limited, as amended, and all attachments, exhibits and ancillary documents and agreements appurtenant thereto.
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PXF Facility means up to USD1,085,000,000 Aluminium Pre-Export Finance Term Facility Agreement dated 25 October 2019, among inter alias, RUSAL as Borrower and ING Bank N.V. as Facility Agent and Security Agent and Natixis as Offtake Agent.
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PXF Facility means that certain “USD 100,000,000 Pre-Export Finance Facility Agreement” dated February 6, 2017 between The Mauritius Commercial Bank Limited, Erin Enexxx Corporation and Erin Petxxxxum Nigeria Limited, as amended, and all attachments, exhibits and ancillary documents and agreements appurtenant thereto.
Sample 1

Examples of PXF Facility in a sentence

  • Under the terms of the PXF Facility no “Obligor” (as defined therein) (which includes Borrower) may “incur or allow to remain outstanding any Financial Indebtedness” other than “Permitted Financial Indebtedness” (as defined therein).

  • Accordingly, notwithstanding anything in this Agreement to the contrary, Borrower, in order to avoid a potential breach of the terms of the PXF Facility, may, from time to time, prepay interest in an equivalent amount of common stock shares of Erin Energy Corporation, in which case the share price shall be equal to the closing price per share of the Common Stock on the NYSE American determined as of the Effective Date of this Agreement.

  • In an effort to avoid a potential breach of the terms of the PXF Facility, Borrower desires to prepay interest in an equivalent amount of common stock shares of Erin Energy Corporation such that the outstanding principal and interest hereunder shall not exceed the Maximum Loan Amount at any time during the term hereof.

  • As at the date of these financial statements Gazprombank facilities were repaid in full out of proceeds of the third Eurobond placement in February 2018.During 2017 the Group made principal repayments in the total amounts of USD3,211 million and EUR79 million (USD104 million) under the Combined PXF Facility, credit facilities with Sberbank, Gazprombank, VTB Capital, Sovcombank and Credit Bank of Moscow.

  • The PXF Facility 2019 – as at 30 June 2021, the outstanding nominal value of debt was USD1,085 million and the final maturity date of the debt was 7 November 2024.

  • The PXF Facility – as at 30 June 2020, the outstanding nominal value of debt was USD1,085 billion and the final maturity date of the debt was 7 November 2024.

  • If the leverage ratio exceeds 4.0:1.0 the leverage ratio will increase to 5.0:1.0 with an additional calculation of the value of the Norilsk Nickel ADRs held by the Group within Net Debt (as defined in the 2014 PXF Facility).

  • Net Debt to twelve month consolidated EBITDA (in each case as defined in the 2014 PXF Facility) not exceeding 4.0:1.0 is to apply in respect of any measurement period ending within the Reset Period.

  • Zenith Bank may effect and the PXF Facility Agent may effect on behalf of a Second Lender, any amendment or waiver allowed under this Clause.

  • Financing by shareholders or affiliates to be permitted in unlimited amounts on unsecured basis and provided fully and unconditionally subordinated until restructured Notes and PXF Facility have been repaid in full (for the avoidance of doubt all financing provided by shareholders and affiliates shall be provided in accordance with this paragraph (f) and not under any of the preceding paragraphs).

Related to PXF Facility

  • 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;

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

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

  • Facility means the entire operation located on the property where the Equipment is located;

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

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Holding facility means a designated area for the retention of

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

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

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

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Secure facility or "detention home" means a local, regional or state public or private locked

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

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • 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.

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

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

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

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

  • Public facility means 1 or more of the following:

  • Energy facility means an energy plant or transmission

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.