Secured facility definition

Secured facility means a parcel of land used for commercial or industrial purposes that is surrounded entirely by a fence or other means of preventing access, including a fence with one or more gates that are locked at all times or monitored by an individual who can prevent unauthorized access.

Secured facility means the secured revolving credit facility described and defined in Section 2.01(a).

Secured facility means a facility that is kept, used, maintained, advertised, or held out to the public as an Alzheimer's, dementia, or special memory care facility that has restricting devices to restrict residents from freely exiting the building.

Examples of Secured facility in a sentence

• Secured facility = Agency staff must open gate and or building for Contractor’s access.

• Long-term debt March 31 2015 September 30 2014 Current Secured facility, net of unamortized transaction costs of $594,925 $15,405,075 $15,348,386 Total $15,405,075 $15,348,386 Non-Current Secured facility, net of unamortized transaction costs of $1,004,740 $54,995,260 $62,712,009 Total $54,995,260 $62,712,009 On September 5, 2014, the Company entered into a new secured debt facility with a syndicate of Canadian lenders.

• Excluding a $8.4 million unrealized loss on commodity derivative and the associated non- cash expense, Lonestar would have reported a net loss of $2.9 million for 1Q16.• At March 31, 2016, $86 million was outstanding on the facility on its $180 million Senior Secured facility, currently leaving $94 million undrawn and available.• Lonestar is making progress towards its corporate objective of moving the Company’s domicile and public equity listing to the United States.

• Long-term debt September 30 2015 September 30 2014 Current Secured facility, net of unamortized transaction costs of $536,405 $15,463,595 $15,348,386 Total $15,463,595 $15,348,386 Non-Current Secured facility, net of unamortized transaction costs of $751,586 $47,248,414 $62,712,009 Total $47,248,414 $62,712,009 On September 5, 2014, the Company entered into a new secured debt facility with a syndicate of Canadian lenders.

• December 312018 Current Secured facility$ 2,343,991$ 2,286,061 Total$ 2,343,991$ 2,286,061 Non-Current Secured facility$ 8,777,739$ 9,965,510 Total$ 8,777,739$ 9,965,510 On July 6, 2018, the Company entered into a new secured debt facility with a commerciallender.

More Definitions of Secured facility

Secured facility means that certain Term Loan Agreement, dated as of March 23, 2020, by and among the Borrower, the lenders party thereto from time to time, and Xxxxxx Xxxxxxx Senior Funding, Inc., in its capacity administrative agent and collateral agent, as amended, restated or amended and restated from time to time.

Secured facility means the secured revolving credit facility described and defined in Section 2.01(b).

Secured facility means a parcel of land used for commercial or industrial purposes

Secured facility shall have the meaning specified in Section 4.09(b)(xxii).

Secured facility means the senior secured letter of credit facility evidenced by the credit agreement, dated as of the date hereof, by and among the Borrowers, the Lenders named therein, and Wachovia, as administrative agent.

Secured facility means a building or structure where access is restricted only to authorized persons.

Secured facility means each facility under the Credit Agreement, the Alpha Facility, the CoGen Facility and the Riverside Facility.