Bank Facility definition

Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.
Bank Facility means the credit facility extended to the Company pursuant to that certain Credit Agreement, dated May 6, 2014, by and among the Company, as borrower, the financial institutions and other persons party thereto, as Lenders, and Canadian Imperial Bank of Commerce, as administrative agent for the Lenders, as amended, restated, supplemented, modified, replaced, renewed or refinanced from time to time.”
Bank Facility means the Letter of Credit Facility.

Examples of Bank Facility in a sentence

  • We had no borrowings outstanding under either the Xxxxx Facility or the Union Bank Facility.

  • Amended and Restated Bank Facility Revolving facility under the Existing Credit Agreement is converted into a term loan facility.

  • If we are unable to repay debt, lenders having secured obligations, including the lenders under the Xxxxx Facility and the Union Bank Facility, could proceed against the collateral securing the debt.

  • In the event of such default, the holders of such indebtedness could elect to declare all the funds borrowed thereunder to be due and payable, together with accrued and unpaid interest, the lenders under the Xxxxx Facility and the Union Bank Facility or other debt we may incur in the future could elect to terminate their commitments, cease making further loans and institute foreclosure proceedings against our assets, and we could be forced into bankruptcy or liquidation.

  • We had available borrowing capacity of approximately $75.0 million under the Xxxxx Facility and $30.0 million under the Union Bank Facility, subject to existing terms and advance rates and regulatory requirements.


More Definitions of Bank Facility

Bank Facility means that certain Credit Agreement dated as of March 20, 2002 among the Company, the Fund, the Subsidiary Guarantor, Canadian Imperial Bank of Commerce, as administrative agent, and the Lenders which are parties thereto, as from time to time supplemented, amended, restated, renewed or replaced.
Bank Facility means the Credit Agreement dated as of May 29, 2018, among the Fund, The Bank of Nova Scotia as agent and other lending parties thereto as amended, supplemented, renewed, extended or otherwise modified or refinanced from time to time and any related loan documents (or words of comparable effect), as such related loan documents may be amended, supplemented, renewed, extended or otherwise modified or refinanced from time to time.
Bank Facility means the Company's revolving credit facility maturing on December 5, 2021 with a syndicate of financial institutions;
Bank Facility means the Credit Agreement dated as of November 14, 1997, among Venetian Casino Resort, LVSI and the lenders named therein, Xxxxxxx Xxxxx Credit Partners, L.P., as arranger and syndication agent, and The Bank of Nova Scotia, as administrative agent, as revised, amended, modified or restated.
Bank Facility means the loan documents, dated as of April 24, 1997, by and between Ultrafit, Inc. and First Union National Bank ("BANK"), to which each of the other Ovox Sellers and each of Seller's Principals are guarantors.
Bank Facility means one or more credit facilities (including the credit facilities provided under the Senior Credit Agreement) provided by one or more commercial banks or financial institutions that routinely provide credit facilities providing for revolving credit loans and/or letters of credit and bankers’ acceptances and/or term loans (to the extent permitted under clause (1) of the definition of Permitted Debt) on customary market terms for similar facilities in each case, as amended, restated, modified, renewed, extended, refunded, replaced or refinanced (in each case, without limitation as to amount), in whole or in part, from time to time in accordance with the provisions of this Indenture and the Senior Intercreditor Agreement. For the avoidance of doubt, the Bank Facility may only be incurred under clause (1) of the definition of Permitted Debt and clause (1) of the definition of Permitted Lien. As of the Issue Date, the Senior Credit Agreement is the Bank Facility.