Subfacilities definition

Subfacilities shall have the meaning provided in the recitals hereto.
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Subfacilities means, collectively, the LC Subfacility and the Swing Line Subfacility; SUBFACILITY means, either of the LC Subfacility or the Swing Line Subfacility.
Sample 1
Subfacilities means the Euro Subfacility and the Sterling Subfacility.
Sample 1Sample 2

Examples of Subfacilities in a sentence

  • If an Agent under any Subfacility resigns or is replaced, the Agents under the other Subfacilities shall also be deemed to have resigned and need to be replaced.

  • It is on the basis of those considerations that Question 6 must be answered.

  • Each such notice shall specify (x) the prepayment date and (y) the principal amount of each Borrowing or portion thereof to be prepaid and the Subfacility or Subfacilities under which such prepayment is being made; provided that such Borrower reimburses each Lender pursuant to Section 3.02 for any funding losses within ten Business Days after receiving written demand therefor.

  • If such Borrower fails to make such payment by the date due in accordance with the preceding sentence, the applicable Issuing Bank shall notify the Administrative Agent and the Administrative Agent shall notify each Revolving Lender under the applicable Subfacility or Subfacilities of the applicable LC Disbursement, the payment then due from such Borrower in respect thereof and such Lender’s Pro Rata Percentage under such Subfacility or Subfacilities.

  • Each prepayment of a Borrowing shall be applied to the Loans of any Lender included in the prepaid Borrowing under the applicable Subfacility or Subfacilities on the basis of such Lender's Pro Rata Percentage under the applicable Subfacility or Subfacilities of such Borrowing.

  • Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to such Revolving Lender, specifying in such notice such Lender’s Pro Rata Percentage under the applicable Subfacility or Subfacilities of such Swingline Loan or Loans.

  • Letter of Credit and Swingline Subfacilities: Same as Existing Credit Agreement.

  • All U.S. Borrowers shall be jointly and severally liable as borrowers for all Borrowings under the U.S. Subfacilities of each U.S. Borrower regardless of which U.S. Borrower received the proceeds thereof.

  • It shall be the responsibility of the bidder to ensure appropriate network coverage in entire state of Haryana and will install boosters at appropriate locations around Health facilities/ Health Sub-facilities to enhance signal coverage availability.

  • As Sub-facilities transition through the phases identified above, the MST will also need to factor in transitioning sub-contracting activities to GoI.


More Definitions of Subfacilities

Subfacilities means any facilities made available by a Subfacility Bank pursuant to and in accordance with Clause 5.10 (Utilisation of the Subfacilities) and each not exceeding an amount of e 10,000,000 in total at any given time and "SUBFACILITY" shall be construed accordingly.
Sample 1

Related to Subfacilities

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

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Unused Letter of Credit Subfacility means an amount equal to the Letter of Credit Subfacility minus the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit plus, without duplication, (b) the aggregate Unpaid Drawings obligations with respect to a Letters of Credit.

  • Term Facilities means, at any time, the Term A Facility and the Term B Facility.

  • Letter of Credit Subfacility means, at any time, an amount equal to the lesser of (a) the aggregate amount of the L/C Issuers’ Letter of Credit Sublimits at such time and (b) the Revolving Credit Facility at such time. The Letter of Credit Subfacility is part of, and not in addition to, the Revolving Credit Facility. On the Closing Date, the amount of the Letter of Credit Subfacility is $25,000,000.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

  • Letter of Credit Liabilities means, for any Bank and at any time, such Bank's ratable participation in the sum of (x) the amounts then owing by the Borrower in respect of amounts drawn under Letters of Credit and (y) the aggregate amount then available for drawing under all Letters of Credit.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

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

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Local Facilities means working capital facilities provided to a Grantor (other than Beverage Packaging Holdings (Luxembourg) I S.A., Beverage Packaging Holdings (Luxembourg) II S.A. Beverage Packaging Holdings (Luxembourg) III S.à.x.x. and the Borrowers) by a Local Facility Provider and “Local Facility” means any of them.

  • Letter of Credit Outstandings means, at any time, the sum of, without duplication, (i) the aggregate Stated Amount of all outstanding Letters of Credit and (ii) the aggregate amount of all Unpaid Drawings in respect of all Letters of Credit.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

  • Total Revolving Credit Outstandings means the aggregate Outstanding Amount of all Revolving Credit Loans, Swing Line Loans and L/C Obligations.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Facility Exposure means, at any date of determination, the sum of the aggregate principal amount of all outstanding Advances and the Available Amount under all outstanding Letters of Credit.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Total Facility has the meaning specified in Section 1.1.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.