TRS Facility definition

TRS Facility means that certain Confirmation, Credit Support Annex, ISDA Master Agreement and ISDA Schedule, each dated June 6, 2008, between CIT Financial Ltd. and Xxxxxxx Xxxxx International, as amended, restated, modified, renewed, refunded, replaced or refinanced, in whole or in part, from time to time.
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TRS Facility means that certain Confirmation, Credit Support Annex, ISDA Master Agreement and ISDA Schedule, each dated June 6, 2008 between CIT Financial Ltd. and Goldman Sachs International (as in effect on the Issue Date)), as amended, restated, modified, renewed, refunded, replaced (whether upon or after termination or otherwise) or refinanced in whole or in part from time to time.
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TRS Facility means that certain Confirmation, Credit Support Annex, ISDA Master Agreement and ISDA Schedule, each dated June 6, 2008 between CIT Financial Ltd. and Goldman Sachs International, as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time. Table of Contents
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Examples of TRS Facility in a sentence

  • Instead, Shopify opts to provide an anonymous, perceived safe haven for subscribers to commit further infringement.

  • For the avoidance of doubt, Section 6 (Limited Recourse) shall not apply to the novated TRS Facility.

  • For the avoidance of doubt, Section 6 (Limited Recourse) and “Additional Amounts” (payment by Morgan Stanley of expenses related to the Notes) shall not apply to the novated TRS Facility.

  • For the avoidance of doubt, the Novation Charge shall not include any amount representing a penalty for exercising the right to novate the TRS Transaction or TRS Facility.

  • Subject to satisfaction of the Noteholder Unwind Conditions (as defined in paragraph 4.7 below), the Issuer shall effect such early redemption by delivering to the Exercising Noteholder a pro rata share of each Underlying Asset proportional to the ratio between the Exercise Amount and Principal Amount (immediately prior to the exercise), and novate to the Exercising Noteholder a portion of the TRS Facility with a notional amount equal to the Exercise Amount, in each case on the Noteholder Unwind Date.

  • This Confirmation evidences the TRS Facility and a separate total return swap transaction with respect to each Reference Obligation specified in Appendix 1 from time to time as if the details specified in Appendix 1 with respect to that Reference Obligation were set out in the Confirmation in full (each such total return swap transaction, a TRS Transaction and each TRS Transaction and the Facility, a Transaction).

  • Reliance on the Swap Agreement On or about the Issue Date, the Issuer and the Swap Counterparty entered into a Swap Agreement which comprises, inter alia, a total return swap facility (the "TRS Facility") pursuant to which one or more total return swap transactions may be entered into (each a "TRS Transaction").

  • Indebtedness under the TRS Facility outstanding on the Issue Date will initially be deemed to have been incurred on such date in reliance on the exception provided by clause (19) of the definition of Permitted Debt.

  • For the avoidance of doubt, the Novation Charge shall not includeany amount representing a penalty for exercising the right to novate the TRS Transaction or TRS Facility.

  • Under the Termination Agreement, the Canadian TRS Facility will terminate on March 31, 2017, or such earlier date designated by CFL upon five business days’ prior notice delivered to GSI on or after January 2, 2017.


More Definitions of TRS Facility

TRS Facility means that certain ISDA Master Agreement, Schedule to the ISDA Master Agreement, Credit Support Annex and Confirmation, each dated June 6, 2008, between CIT Financial Ltd. and Xxxxxxx Xxxxx International, as it may be modified pursuant to the Amended and Restated Confirmation to be dated on or about October 28, 2009, between CIT Financial Ltd. and Xxxxxxx Sachs International and in form and substance satisfactory to the Lenders Steering Committee (the “Amended Confirmation”), the guarantee in support of the obligations of CIT Financial Ltd. thereunder by Company (as may be amended and in form and substance satisfactory to the Lenders Steering Committee, the “Amended CIT Group Guarantee”) and the guarantees in support of the obligations of CIT Financial Ltd. thereunder by the Company and CIT Financial (Barbados) Srl, in each case as amended, supplemented, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time, provided, that the notional amount shall not, in any event, exceed the notional amount as of the Amendment Agreement Effective Date as it may be reduced by the Amended Confirmation.
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TRS Facility means that certain ISDA Master Agreement, Schedule to the ISDA Master Agreement, Credit Support Annex and Confirmation, each dated June 6, 2008, between CIT Financial Ltd. and Xxxxxxx Xxxxx International, as modified pursuant to the Amended and Restated Confirmation dated October 28, 2009, between CIT Financial Ltd. and Xxxxxxx Sachs International, the guarantee in support of the obligations of CIT Financial Ltd. thereunder by the Company, and the guarantees in support of the obligations of CIT Financial Ltd. thereunder by the Company and CIT Financial (Barbados) Srl, in each case as amended, supplemented, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time.
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TRS Facility means the total return swap facility that OCP Credit Trust expects to enter into as described under “Investment Strategy – Leverage”.
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TRS Facility in Section 1.1 of the Credit Agreement is hereby amended by adding the following phrase after the phrase “from time to time” appearing therein: “, by the Second Amended Confirmation or otherwise,”
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Related to TRS 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;

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

  • Holding facility means a designated area for the retention of

  • Clean coal SNG facility means a facility that uses a

  • Related facilities means any ancillary facilities owned by the Company which are —

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • 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.

  • 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

  • Business Facility means any property including the land, improvements, soil, soil gas, indoor air, groundwater, and surface water that is or at any time has been owned, operated, occupied, controlled or leased by the Company, its Subsidiaries or any of their predecessors in connection with the operation of their respective business.

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

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

  • 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;

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

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • 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.

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • 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)]

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • 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".

  • 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.

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

  • Clean coal facility means an electric generating

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.

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