Available Facility definition

Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.
Available Facility means the aggregate for the time being of each Lender’s Available Commitment.
Available Facility means the aggregate for the time being of each Lender's Available Commitment.

Examples of Available Facility in a sentence

  • Nearest Available Facility RuleShould the TSP use a more distant facility instead of its nearest facility for its own convenience, storage charges will be based on the nearest available DoD or DOS approved facility.

  • At the end of the Availability Period the undrawn part of the Available Facility will be cancelled.

  • Priority Schools (PS) are identified in the Available Facility Chart on page (7).

  • The Company may, if it gives the Agent not less than three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £500,000) of the Available Facility.

  • The amount of each drawdown shall be a minimum of HK$1 million and in integral multiples of HK$1 million or if the Available Facility at the time of drawing is less than HK$1 million, the full amount of such Available Facility.


More Definitions of Available Facility

Available Facility means the Commitment minus:
Available Facility means the aggregate, from time to time, of the Available Commitment of each Senior Facility C Lender;
Available Facility means the aggregate for the time being of each Bank’s Available Commitment.
Available Facility means, at any time, the aggregate of the Available Commitments adjusted, in the case of a proposed utilisation pursuant to a Utilisation Request, so as to take into account:-
Available Facility means at any time the aggregate of the Lenders' Available Commitments.
Available Facility means, at any relevant time, such part of the Total Commitments (drawn and undrawn) which is available for borrowing under this Agreement at such time in accordance with clause 4 (Conditions of Utilisation).