Uncommitted Facility definition

Uncommitted Facility means any facility that is expressly identified as being an uncommitted facility in Clause 2(a) of the Facility Letter.

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Uncommitted Facility is defined in the Side Letter.

Uncommitted Facility means the amended and restated uncommitted and discretionary credit facility as evidenced by this Agreement and the other Loan Documents.

Examples of Uncommitted Facility in a sentence

If the Uncommitted Facility Increase Offerees deliver commitments with respect to such Uncommitted Facility Increase in an amount in excess of the Uncommitted Facility Increase Amount, then Agent shall allocate the Uncommitted Facility Increase to the Uncommitted Facility Increase Offerees committing to the Uncommitted Facility Increase on any basis Agent determines appropriate in consultation with Borrower Representative.
Notwithstanding the foregoing, no Uncommitted Facility Increase shall be effected unless the conditions set forth in Section 9.2 are satisfied on the Uncommitted Facility Increase Effective Date.
Each Uncommitted Facility Increase Offeree shall have until 3:00 p.m. (New York City time) on the fifth Business Day preceding the Uncommitted Facility Increase Effective Date to commit in writing to all or a portion of the Uncommitted Facility Increase.
No Lender shall be obligated to commit to any portion of the Uncommitted Facility Increase Amount.
Each Uncommitted Facility Increase shall be made on notice given by Borrower Representative to Agent no later than 12:00 noon (New York City time) 30 days (or such shorter time as Agent may agree) prior to the date of the proposed Uncommitted Facility Increase.

More Definitions of Uncommitted Facility

Uncommitted Facility means the uncommitted credit facility for the making of Revolving Credit Loans and the issuance of Letters of Credit described in Article II hereof and provided to the Borrower upon the terms and conditions set forth in this Agreement and the other Credit Documents.

Uncommitted Facility means any uncommitted facility granted by the Bank to the Customer pursuant to the provisions set out in Clause 7 and documented in a Facility Agreement, or in a case where the Customer acts as a guarantor and / or third party

Uncommitted Facility means a Credit Facility which shall be unconditionally revocable and cancellable by Investec without penalty or prior written notice. 2.1. Any capitalised terms referred to in this Agreement, which have not been defined herein, shall bear the meanings ascribed to them in the ISDA Agreement, and the ISDA Definitions.

Uncommitted Facility means any facility that is expressly

Uncommitted Facility means an uncommitted facility made available under this Agreement.

Uncommitted Facility. The Facility is made available on an uncommitted basis and the Bank shall have an absolute discretion as to whether or not it permits any utilization of the Facility. The renewal of Performance Bond under the Facility is subject to the Bank's internal periodical review Governing Law and Jurisdiction : This Letter is subject to the laws of Hong Kong Special Administrative Region with non-exclusive jurisdiction of courts of the Hong Kong Special Administrative Region. Please signify your understanding and acceptance of this Letter by signing and returning the duplicate copy of this Letter to the Bank by 22 July 2005. We are pleased to have the opportunity of working with you on this transaction and look forward to a lasting and mutually beneficial relationship. Bayerische Landesbank, Hong Kong Branch ▇▇▇▇▇ ▇▇▇▇▇▇ Executive Vice President Regional Head Corporate Banking Asia Pacific & Chief Executive ▇▇▇▇▇▇▇ ▇▇ Vice President Credit Analysis We, as the Applicant, agree to the terms and conditions of this Letter. Signed for and on behalf of PCCW Limited

Uncommitted Facility means the EUR 62,500,000 uncommitted working capital facility as described under Clause 2.2 (The Uncommitted Facility).