Replacement Facility definition

Replacement Facility means 1 of the following:

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Replacement Facility as defined in Section 2.24(a).

Replacement Facility shall have the meaning provided in Section 13.1.

Examples of Replacement Facility in a sentence

• Any Design or Construction issues which are not addressed by applicable County Standards shall be resolved in such a manner as to impose the minimum requirements necessary to make the Replacement Facility the equivalent (in terms of capability, appearance, efficiency and function) of the Conflicting Facility which it replaces.

• For each Betterment included in a Rearrangement, the amount of a Betterment credit shall be the incremental additional Cost of the Rearrangement resulting from such Betterment, calculated by subtracting the estimated costs of the Substitute Facility from the estimated costs of the Replacement Facility.

• LACMTA shall receive a credit for the Expired Service Life Value of each Conflicting Facility being replaced (or payment for the Expired Service Life Value, as applicable), if the Replacement Facility will have an expected period of useful service greater than the period which the existing Conflicting Facility would have had, had it remained in service and the Rearrangement not been made.

More Definitions of Replacement Facility

Replacement Facility as defined in Section 11.1.

Replacement Facility has the meaning set forth in Section 10.02.

Replacement Facility means a Replacement Revolving Facility and/or a Replacement Term Facility, as the context requires.

Replacement Facility means at any time on or after the Bank Credit Agreement is expired or terminated, the senior secured credit facility or similar secured loan agreement to which the Company is a party as borrower and pursuant to which substantially all of the Company’s assets, other than investments in Subsidiaries, are pledged and which includes terms that are substantially comparable to market terms for substantially similar debt of other similarly situated borrowers as reasonably determined in good faith by the Company or, if such transaction is not one in which there are market terms for substantially similar debt of other similarly situated borrowers, on terms that are negotiated in good faith on an arm’s length basis.

Replacement Facility shall have the meaning as defined in Section 2.28(a).

Replacement Facility shall have the meaning set forth in Section 2.12(h).

Replacement Facility means any property (other than an