Commercial Facility definition

Commercial Facility means the Commercial Facility made available under this Agreement as described in Clause 2.1 (Facility).

Commercial Facility means any facility that is used for retail stores, restaurants, office buildings, laundries, and other pri- vate business and service establishments or similar enterprises.

Commercial Facility means any structure or building, or any portion therefore, other than a residential dwelling.

Examples of Commercial Facility in a sentence

• The Sinosure Facility and the Commercial Facility bear interest at LIBOR plus a margin of 1.80% and 2.80% per annum, respectively.

• Each drawdown is split evenly into two facilities, (i) a commercial facility (the "Commercial Facility"), and (ii) a Sinosure facility (the "Sinosure Facility"), which is being funded by the lenders under the Commercial Facility and insured by the China Export & Credit Insurance Corporation ("Sinosure").

• Unless the Commercial Facility has been refinanced on commercially sustainable terms, and with such lenders as acceptable to the GIEK Lender, GIEK, KEXIM and K-sure, by no later than on the Final Maturity Date of the Commercial Facility, then all outstanding amounts under this Agreement, (including all accrued outstanding interest and other indebtedness thereto), shall be repaid on the Final Maturity Date of the Commercial Facility.

• Subject to the terms of this Agreement, the Commercial Facility Lenders make available to the Borrowers a term loan facility in an aggregate amount equal to the Total Commercial Facility Commitments.

• The Borrower shall on the Commercial Final Maturity Date repay to the Facility Agent as agent for the Commercial Facility Lenders, the Commercial Final Payment, together with all interest and all other amounts payable under this Agreement and the Facility Documents due to the Commercial Facility Lenders.

More Definitions of Commercial Facility

Commercial Facility means any building constructed for the

Commercial Facility means any building except a building that is classified as a residential building. [20 ILCS 3125/10]

Commercial Facility means the term loan facility made available by the Commercial Facility Lenders under this Agreement as described in clause 2 of this Agreement.

Commercial Facility means any premises, property, or facility involving traffic in goods or furnishing of services for sale or profit including, but not limited to:

Commercial Facility means any building constructed for the purposes of commercial or industrial activity and not primarily intended for use by the general public, including office complexes, industrial buildings, warehouses, factories, and storage facilities.

Commercial Facility means any structure or building, or any portion thereof, other than a single-family dwelling.

Commercial Facility means a facility providing haz- ardous waste management services to persons other than the owner or operator for the purpose of making a profit.