SPV Facility definition

SPV Facility means the €125,000,000 loan facility to SPV Offshore.
SPV Facility as defined in the preamble to this Agreement.

Examples of SPV Facility in a sentence

  • In such event, the Trustee will secure the pledged collateral pursuant to the Indenture and file a UCC-1 filing securing the membership interests of the subject SPV only after the SPV Facility Lender has been paid in full with respect to such credit advances made to the SPV.

  • An additional $3.3 million is included in related costs for the year ended December 31, 2018 for duplicative interest paid through October 11, 2018 prior to repayment of the remaining 12.00% Senior Secured Notes and the Non-Recourse U.S. SPV Facility.

  • This Framework Agreement is governed by, and shall be interpreted in accordance with, the laws of the Netherlands.

  • The Non-Recourse U.S. SPV Facility initially provided for $100.0 million of borrowing capacity, which increased to $200.0 million on July 31, 2020 following additional commitments.

  • In addition, we entered into a Non-Recourse Canada SPV Facility in the third quarter of 2018 with a lower interest rate than our previous Non-Recourse U.S. SPV Facility.

  • USE OF PROCEEDS The Company plans to use proceeds of each series of Notes, as and when received from Noteholders, to (i) facilitate the funding, acquisition, purchase, holding or origination of underlying Investments by its wholly- owned SPVs, (ii) to repay loans made by the SPV Facility Lender to its wholly-owned SPVs, the proceeds of which were used to fund, acquire, purchase, hold or originate underlying Investments or (iii) any combination of the foregoing clauses (i) and (ii).

  • BOWERTEMP RESTRAIN ORDERTEMPORARY ORDERS MOTION TO MODIFY 18 D-1-FM-20-002070 MIGUEL ALBERTO GARCIA CANASTUJ vs.

  • In the event that Investment(s) are prefunded, the Investment(s) may be funded or assigned by the SPV Facility Lender.

  • During the third quarter of 2018, we issued $690.0 million of 8.25% Senior Secured Notes and used the proceeds from the issuance to extinguish our $527.5 million 12.00% Senior Secured Notes and our Non-Recourse U.S. SPV Facility.

  • In connection with the Canada SPV Facility, the Canada SPV Issuer entered into a Sale and Servicing Agreement (the “Sale and Servicing Agreement”), dated as of December 9, 2021, pursuant to which Flexiti will sell, on a fully serviced basis, certain eligible unsecured consumer loans and related rights and collections (the “2021 Note Collateral”) to the Canada SPV Issuer.

Related to SPV 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;

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

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

  • Holding facility means a designated area for the retention of

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

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

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

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

  • 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.

  • 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

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

  • 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.

  • Clean coal SNG facility means a facility that uses a

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

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

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

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

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

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

  • 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)]

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Securitization Facility means any of one or more securitization, financing, factoring or sales transactions, as amended, supplemented, modified, extended, renewed, restated or refunded from time to time, pursuant to which the Issuer or any of the Restricted Subsidiaries sells, transfers, pledges or otherwise conveys any Securitization Assets (whether now existing or arising in the future) to a Securitization Subsidiary or any other Person.