Subfacility definition

Subfacility means the U.S. Subfacility and/or the Canadian Subfacility.
Subfacility means, any of the LC Subfacility or the Swing Line Subfacility.
Subfacility means any Swing Line Facility or any Letter of Credit Facility, as the context may require.

Examples of Subfacility in a sentence

  • As of the Business Day immediately preceding the requested issuance date of the Letter of Credit, the Agent shall determine the amount of the applicable Unused Letter of Credit Subfacility and Availability.

  • As of the Business Day immediately preceding the requested issuance date of each Letter of Credit, the Agent shall determine the amount of the Unused Letter of Credit Subfacility and the then-current Availability as of such date.

  • If (i) the face amount of the requested Letter of Credit is less than the Unused Letter of Credit Subfacility and (ii) the amount of such requested Letter of Credit and all commissions, fees, and charges due from the Borrower in connection with the opening thereof would not exceed Availability, the Agent shall cause the Letter of Credit Issuer to issue the requested Letter of Credit on the requested issuance date so long as the other conditions hereof are met.

  • Within the limits set forth above and subject to the terms, conditions and limitations set forth herein, the Borrowers may borrow, pay or prepay and reborrow Revolving Loans under each applicable Subfacility.

  • They must ensure that they are acting impartially by being aware of and mitigating their personal biases, basing decisions on objective criteria, and maintaining awareness and adherence to established policies, procedures, contractual obligations, and legislative requirements.5.2Employees must not act in self-interest or further their private interests by virtue of their position or through carrying out their duties.


More Definitions of Subfacility

Subfacility shall have the meaning set forth in the recitals hereto.
Subfacility means either one of them.
Subfacility means the Tranche A Subfacility and/or the Tranche B Subfacility, as the context may require.
Subfacility means the Initial Term-1 Subfacility, the Initial Term-2 Subfacility, the Revolving-1 Subfacility, the Revolving-2 Subfacility, any Extended Revolving Subfacility or any Extended Term Subfacility.
Subfacility the Tranche B-1 Term Loan Subfacility, the Tranche B-2 Term Loan Subfacility, the Tranche B-3 Term Loan Subfacility, any Extended Revolving Subfacility, or the Revolving Loans and Revolving Commitments of all Revolving Lenders that are not Extended Revolving Loans or Extended Revolving Commitments.
Subfacility means the U.S. Subfacility and the Dutch Subfacility, as the context may require.