Subsequent Facility definition

Subsequent Facility means a facility in which:
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Subsequent Facility has the meaning set forth in Section 2.05 of this Agreement. For the avoidance of doubt, once a Subsequent Facility is sold pursuant to a Subsequent Closing, it shall no longer be a Subsequent Facility for purposes hereof.
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Examples of Subsequent Facility in a sentence

  • No Overadvance shall have occurred and be continuing or would occur as a result of such Subsequent Facility Funding Date or Other Funding Date, as applicable (taking into consideration any Equity Contributions to be made substantially concurrently with such Revolving Loans).

  • Any notice which requires a response shall indicate the response time specified in Section 9.3. If a proposal involves a Platform, Facility or Subsequent Facility, the notice shall contain a description of same, including location and the estimated costs of design fabrication, transportation and installation.

  • Solely in connection with a Subsequent Facility Funding Date, the Initial Facility Funding Date in respect of the Facility that is the subject of the requested Revolving Loans has occurred on or prior to such Subsequent Facility Funding Date.

  • Unless otherwise agreed by the Parties, any Subsequent Facility not contributed pursuant hereto by the Long Stop Date, shall not be transferable hereunder.

  • The Subsequent Consents relating to such Subsequent Facility shall have been obtained.

  • Subject to Force Majeure, should Carrier fail to complete the installation of the Subsequent Facilities by the later of (i) ninety (90) Days following the receipt of the Connection Notice or (ii) the required in-service date as stated in the Connection Notice, Carrier’s inability to accept receipt of Producer’s Crude Oil at such Subsequent Facility shall be deemed a Curtailment and handled in accordance with Section 2.3 of this Agreement.

  • After the Initial Funding, the parties shall use their reasonable best efforts to negotiate the terms of the Subsequent Facility by March 15, 2023.

  • Welltower shall use good faith efforts to keep Investor informed as to its progress in obtaining the Subsequent Consents for each Subsequent Facility.

  • The Ground Lessor Estoppel Certificate Condition shall have been satisfied as to such Subsequent Facility at least ten (10) Business Days prior to the applicable Subsequent Closing.

  • The value attributable to each such Subsequent Facility shall be that set forth in the Price Allocation.