Textron Facility definition

Textron Facility means the existing Construction Loan Facility provided to Grand Summit from Textron Financial Corporation, as agent and co-lender and Green Tree Financial Servicing Corporation, as co-lender.
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Textron Facility. “Textron Lenders”, “Support Obligations”, “UCC” and “Weekly Budget”.
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Textron Facility means that certain credit facility provided by Textron Financial Corporation ("Textron") to Borrower pursuant to the documents listed on SCHEDULE F hereto (the "Textron Documents"). LIST OF EXHIBITS
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Examples of Textron Facility in a sentence

  • The borrowing period for acquisition and development loans under the Textron Facility expired on October 1, 2004.

  • The borrowing period for VOI receivables loans under the Textron Facility expired on March 1, 2006, and outstanding VOI receivables borrowings mature no later than March 31, 2009.

  • Receivable-backed borrowings under the Textron Facility bear interest at the prime lending rate plus 1.00%, subject to a 6.00% minimum interest rate.

  • At December 31, 2008, these other Textron obligations totaled approximately $39.2 million; therefore, the excess of $14.2 million over the $25.0 million threshold reduced our revolving availability under the Textron Facility to $44.3 million, subject to eligible collateral and customary terms and conditions.

  • The Borrower will not permit as of the last day of each fiscal quarter its over 30-day delinquency rate on its entire consumer loan portfolio (including, without limitation, all consumer loans pledged pursuant to the Security Agreement, the Xxxxxx Facility and the Textron Facility) for any Reference Period to be greater than twenty-five percent (25%).

  • Borrower will comply with the terms and conditions of the CapitalSource Finance Facility, the Resort Finance Facility, the Textron Facility, the TFC Conduit Loan and the UBS Finance Facility.

  • The file is the sole property of the City and for its own use.No material related to an employee’s conduct, performance, character or personality, which is derogatory in nature, shall be placed in the personnel file without notification to the employee.

  • There is no event of default or event which, with the passage of time, notice or both, would constitute an event of default under either the Xxxxxx Facility or the Textron Facility and the Borrower is in good standing under both of such facilities.

  • Borrower will comply with the terms and conditions of the CapitalSource Finance Facility, the Resort Finance Facility, the Textron Facility and the TFC Conduit Loan.

  • Some organologists see musical instruments largely as acoustical devices and tend to underplay their cultural aspects.


More Definitions of Textron Facility

Textron Facility means, individually and collectively, those certain credit facilities provided by Textron Financial Corporation to Borrower pursuant to (a) that certain Consolidated Amended and Restated Loan, Security and Agency Agreement dated as of August 5, 2005, and (b) that certain Amended and Restated Loan and Security Agreement dated as of March 5, 2004, and all documents and other instruments executed in connection therewith, as all of the same have been and may hereafter be amended, supplemented and modified from time to time.
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Textron Facility means that certain inventory finance loan made by Textron Financial Corporation to Mystic Dunes Myrtle Beach, LLC, a wholly owned indirect subsidiary of Borrower pursuant to that certain Amended and Restated Inventory Loan and Security Agreement dated as of June 30, 2011, among, inter alia, Textron Financial Corporation and Mystic Dunes Myrtle Beach, LLC.
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Textron Facility means the Security Agreements, dated as of December 28, 2015, by and among Xxxxx Fargo Bank Northwest National Association, Hawker Pacific Pty. Ltd. and Textron Financial Corporation, along with that certain Continuing Guaranty, dated as of December 22, 2015, by and between Hawker Pacific Pty. Ltd. and Textron Financial Corporation.
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Related to Textron Facility

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • Common Facility Means a place where tenants utilise the same equipment such as kitchen, laundry and meeting room and or car park.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • On-site generation facility means a generation facility,

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

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Common Facilities means the facilities under D.G.sets/D.G.rooms, water storage tanks its pumping and supply system, sewerage & drainage systems, electric sub-station/ transformers/electric panels/distribution network, maintenance service rooms, lawns including lighting & services etc., roads, pathways & driveways including street lighting & services etc., guard posts, fire hydrants & fire fighting system etc. and all such facilities and areas for common use and excluded from the computation of Super Area of the Said Premises;

  • Transportation facility means any transit, railroad,

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

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

  • Transportation Facilities means any physical facility that moves or assist in the movement of people or goods including facilities identified in OAR 660-012-0020 but excluding electricity, sewage, and water systems.

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • 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.

  • Participation Facility means any facility in which the applicable party (or a Subsidiary of it) participates in the management (including all property held as trustee or in any other fiduciary capacity) and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • 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.

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :