Utilization of Facilities Sample Clauses

Utilization of Facilities. During periods of operational inconvenience, including but not limited to, weather delays, the temporary non-availability of facilities for maintenance purposes, or Aircraft mechanical delays, and if accommodation at a Common Use Gate(s) is not readily available, Airline shall make all reasonable efforts to accommodate other Air Transportation Company’s operations on Airline’s Preferential Use Premises in such instances.
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Utilization of Facilities. If the Facilities are not utilized for whatsoever reason within three (3) months from the date of the Letter of Offer or such further period as the Bank may prescribe regardless of whether the loan/security documents have been completed or not, the Bank shall be at liberty to withdraw the Facilities or to vary the terms of the Facilities. You shall reimburse the Bank for all costs, fees and expenses incurred by the Bank for doing so.
Sample 1
Utilization of Facilities. 2.1 Upon Party B’s request and subject to Party A’s review and approval, any specific credit business operated during the tenure will be automatically counted under this Agreement and be directly deemed as utilized facilities hereunder. In addition, upon Party B’s request and subject to Party A’s approval, any subordinate subsidiary or/and other affiliate of Party B as designated by Party B (hereinafter “Entity Designated by Party B”) may apply to Party A for the financing under / (insert type of business here) based on its business needs, the facilities of which will be (insert currency here) / (insert amount here). Such facilities will be deemed as utilized under the facilities provided by Party A to Party B hereinabove. For any such financing business conducted by Party A at the request of any Entity Designated by Party B, Party B shall be jointly and severally liable to Party A for obligations of such Entity Designated by Party B under the specific financing agreement and/or relevant documents entered into thereby with Party A within the amount of facilities. In other words, if any Entity Designated by Party B utilizes facilities granted by Party A to Party B under the Facility Agreement, Party B will unconditionally bear the joint and several liability for repayment of indebtedness arising therefrom.
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Utilization of Facilities. The Drawdown Notice issued by the Borrower shall be irrevocable and have legal bindings on the Borrower to make a Drawdown in accordance with the terms and conditions thereunder and under this Agreement.
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Utilization of Facilities. 14.1.The Contractor will have the right to utilize, under the provisions of common law, for the needs of the Petroleum. Operations any railway, tramway, road, airport, landing field, canal, river, bridge or waterway and any telecommunication network, whether owned by the State or by private companies, against payment of any royalties in force or to be established by mutual agreement, in exchange for this use and their construction, operation and maintenance. The Contractor will also have the right to use for the Petroleum Operations any means of land, sea or air transportation, subject to the laws and regulations governing the use of such means of transportation.
Sample 1

Related to Utilization of Facilities

  • Condition of Facilities (i) Use of the Real Property of Purchaser for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to “permitted nonconforming” use or structure classifications. All Improvements are in compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Purchaser, no part of any Improvement encroaches on any real property not included in the Real Property of Purchaser, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land.

  • Termination of Facilities Declare the principal of and interest on the Loans, the Notes and the Reimbursement Obligations at the time outstanding, and all other amounts owed to the Lenders and to the Administrative Agent under this Agreement or any of the other Loan Documents (including, without limitation, all L/C Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented or shall be entitled to present the documents required thereunder) and all other Obligations (other than Hedging Obligations), to be forthwith due and payable, whereupon the same shall immediately become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived, anything in this Agreement or the other Loan Documents to the contrary notwithstanding, and terminate the Credit Facility and any right of the Borrower to request borrowings or Letters of Credit thereunder; provided, that upon the occurrence of an Event of Default specified in Section 12.1(j) or (k), the Credit Facility shall be automatically terminated and all Obligations (other than Hedging Obligations) shall automatically become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived, anything in this Agreement or in any other Loan Document to the contrary notwithstanding.

  • Maintenance of Facilities 5.1 The Network Customer shall maintain its facilities necessary to reliably receive capacity and energy from the Host Transmission Owner’s transmission system consistent with Good Utility Practice. The Transmission Provider or Host Transmission Owner, as appropriate, may curtail service under this Operating Agreement to limit or prevent damage to generating or transmission facilities caused by the Network Customer’s failure to maintain its facilities in accordance with Good Utility Practice, and the Transmission Provider or Host Transmission Owner may seek as a result any appropriate relief from the Commission.

  • Use of Facilities 35.1. In situations where a competitive LEC has the use of the facilities (i.e., Local Loop) to a specific customer premise, either through resale of local service or the lease of the Local Loop as an Unbundled Network Element, and Embarq receives a good faith request for service from a customer at the same premise or from another carrier with the appropriate customer authorization, the procedures below will apply.

  • Availability of Facility Subject to the terms of this Agreement, the facility is available from the date hereof to the Facility Termination Date, and the Borrower may borrow, repay and reborrow at any time prior to the Facility Termination Date. The Commitments shall expire on the Facility Termination Date.

  • Access to Facilities Each of the Company and each of its Subsidiaries will permit any representatives designated by the Purchaser (or any successor of the Purchaser), upon reasonable notice and during normal business hours, at such person's expense and accompanied by a representative of the Company, to:

  • General Description of Facilities Subject to and upon the terms and conditions herein set forth, (i) the Lenders hereby establish in favor of the Borrower a revolving credit facility pursuant to which each Lender severally agrees (to the extent of such Lender’s Revolving Commitment) to make Revolving Loans to the Borrower in accordance with Section 2.2, (ii) the Issuing Bank agrees to issue Letters of Credit in accordance with Section 2.22, (iii) the Swingline Lender agrees to make Swingline Loans in accordance with Section 2.4, and (iv) each Lender agrees to purchase a participation interest in the Letters of Credit and the Swingline Loans pursuant to the terms and conditions hereof; provided, that in no event shall the aggregate principal amount of all outstanding Revolving Loans, Swingline Loans and outstanding LC Exposure exceed at any time the Aggregate Revolving Commitment Amount from time to time in effect.

  • Termination of Facility 6.1 The Facility is repayable on demand and may be varied or terminated in the absolute discretion of the Company. In particular the Facility will be terminated upon the occurrence of any one or more of the following events:

  • The Credit Facilities Section 2.1 The Revolving Credit Facility.

  • Banking Facilities CLAUSE 2.29 of the Disclosure Schedule sets forth ------------------ a true, correct and complete list of:

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