Facility Change definition

Facility Change means a change, including an addition, deletion, alteration, substitution or otherwise, to Project Co’s Design or Construction obligations under this Agreement, or a Renovation;
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Facility Change has the meaning set out in Schedule 6 [Changes, Minor Works and Innovation Proposals];
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Facility Change has the meaning given in Clause 2.4(f);
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Examples of Facility Change in a sentence

  • Notification of Facility Change: Seller shall not use any production, manufacturing, and/or processing facilities that differ from facilities previously approved by Buyer without first notifying Buyer and affording Buyer an opportunity to examine and approve such facilities for compliance with procurement quality requirements.

  • The Authority may at any time during the Term issue to Project Co an instruction (a “Preliminary Change Instruction”) describing a potential Facility Change or Services Change that the Authority is considering.

  • In making such Facility Change, the Authority will reasonably consider comments received in a timely manner from Project Co on the proposed Facility Change.

  • Given that this survey has not been conducted before, our instrument was not validated.

  • The Authority will notify Project Co of any Facility Change which the Authority intends to make pursuant to the exercise of the Authority’s rights under Section 11.1(d) or Section 11.2 and provide Project Co a reasonable opportunity, taking into account all the circumstances, to comment on the proposed Facility Change.

  • Notification of Facility Change: Suppliers are prohibited from relocating any production, manufacturing, and/or processing facilities during performance of an Air Electro, Inc.

  • This change order process shall utilize a Facility Change Request form provided by the State.

  • Please note that this also includes spent foundry sand used for landfill daily cover.Storage Facility: Change in volume stored over the past calendar year.

  • Initiating a Transmission or End-User Facility Connection or Facility Change The following table outlines the SRP personnel to be contacted with regard to any request for a new facility connection or significant change to an existing connected facility.

  • UNCONTROLLED COPYMake sure that the decontamination station is set up as not to compromise a clean environment.


More Definitions of Facility Change

Facility Change. “ means a change, including an addition, deletion, alteration, substitution or otherwise, to Project Co's Design or Construction obligations under this Agreement or a Renovation;
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Facility Change has the meaning set out in Schedule 12 [Changes];
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Facility Change. Facility Changes (as defined below) may be approved with the consent of the Lenders who together account for 85% or more of the total commitments in respect of the Facilities and each Lender (a "Facility Change Lender") that is to assume an additional or increased commitment in the relevant tranche or facility or that is to extend a commitment or its availability or maturity or redenominate a commitment or to whom any amount is owing which is to be reduced, deferred or redenominated or that is to receive a reduced Margin, fee or commission or that is to lend to a replacement Borrower (as the case may be). The existing commitments of each consenting Facility Change Lender will be included in determining that consent of the Majority Lenders. Notwithstanding the paragraph above, any amendment which constitutes a change as described in paragraph (d) of the definition of Facility Change shall only require the consent of the Lenders under the relevant Facility or Facilities to which the relevant reduction applies.
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Facility Change means (a) the provision of any additional tranche or facility in any currency or currencies (whether ranking, pari passu with or junior to the Facilities), (b) (subject to a cap on any increase of commitments of an amount equal to 10% of the aggregate original principal amount of the Term Facilities) any increase in, addition to or extension of any commitment (or its maturity or availability) or any redenomination of a commitment into another currency, (c) any deferral or redenomination of any amount owing under the Finance Documents governing the relevant Facilities (other than the waiver of a mandatory prepayment), (d) any reduction in any Margin (other than pursuant to applicable Margin Ratchets), fee or commission or any other amount owing or accruing under the Finance Documents governing the relevant Facilities, (e) the replacement of Borrowers and (f) any changes to the Finance Documents (including changes to, the taking of or the release coupled with the retaking of security and changes to or additional intercreditor arrangements) consequential on, incidental to or required to implement or reflect the foregoing. The Facility Agent and the Security Agent shall enter into any documentation or make any amendments to the Finance Documents necessary to implement a Facility Change on behalf of the Finance Parties. Unanimous Matters: Unanimous Lenders' decisions for the Facilities will be limited to an amendment or waiver that has the effect of changing:
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Related to Facility Change

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans outstanding, (b) Revolving L/C Exposures and (c) Available Unused Commitments that, taken together, represent more than 50% of the sum of (x) all Revolving Facility Loans outstanding, (y) all Revolving L/C Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 12.5% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the most recent Cut-Off Date.

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Facility means the entire operation located on the property where the Equipment is located;

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Replacement Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Revolving Facility Commitment means, with respect to any Revolving Facility Lender, such Lender’s commitment to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Lender’s Revolving Facility Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04 and (c) increased (or replaced) as provided under Section 2.20. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 to the Original Credit Agreement, or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment (or Incremental Revolving Facility Commitment), as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments as of the Closing Date is $100,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Activation Date means the date upon which MLBFS shall cause the WCMA Line of Credit to be fully activated under MLPF&S' computer system as part of the WCMA Program.