Facility E means the loan facility made available under the 2017 Facilities Agreement as described in paragraph (f) of Clause 2.1 (The Facilities) of the 2017 Facilities Agreement.
Facility E means a RMB term loan facility to be made available under an agreement otherwise agreed between EDC YG, the Lenders and/or other PRC financial institution(s) as described in paragraph (h) of Clause 2.3 (Conditions of other facilities).
Facility E. For Derivative Agreements: two (2) Business Days.
Examples of Facility E in a sentence
Represents severance expenses and other costs permitted in calculations under the ABL Facility and the Term Loan Facility E.
The term loan facility is divided into two facilities, Facility D and Facility E.
The Tranche E Swaps were entered into as a cash flow hedge on Facility E of the credit facility discussed above.
Represents severance expenses and certain other cost adjustments as permitted under the ABL Facility and the Term Loan Facility E.
Figure 2: Water free surface at t = 0.22 s, 0.38 s, 0.76 s, 1.44 s, 1.78 s, and 2.30 s.
More Definitions of Facility E
Facility E means the revolving loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (The Facilities).
Facility E. Available by way of FX Agreements and/or Interest Rate Agreements: § maximum term of each FX Agreement: 364 days § maximum term of each Interest Rate Agreement: 5 years. The FX Agreements and Interest Rate Agreements outstanding from time to time are herein referred to collectively as the “Derivative Agreements”.
Facility E means the multicurrency revolving credit facility made available under this Agreement as described in paragraph (e) of Clause 2.1 (The Facilities).
Facility E has the meaning given to that term in the Senior Facilities Agreement;
Facility E. Each Derivative Agreement shall have a term not exceeding the applicable maximum term provided above under the heading “Availability”. Each Derivative Agreement shall include the Bank’s standard early termination events. Without limiting the generality of the foregoing, each Derivative Agreement documented under an ISDA Master Agreement shall also stipulate that the termination of Facility E shall be an Early Termination Event (as defined in the ISDA Master Agreement) and the Affected Party (as defined in the ISDA Master Agreement) shall be the counter-party to the Bank in such contract. The Bank shall have the right to choose the payment measure and the payment method (as such terms are understood in the ISDA Master Agreement) in respect of such Early Termination Event. If at any time the aggregate Risk Content of all outstanding Derivative Agreements exceeds the maximum Risk Content, the Borrowers shall forthwith either cancel one or more Derivative Agreements or make a rate adjustment payment under one or more Derivative Agreements to reduce the aggregate Risk Content of all outstanding Derivative Agreements to less than the Maximum Risk Content. Additional repayments for Facilities B and C: In addition to the required repayments for Facilities B and C mentioned above, the Borrowers covenant and agree that they shall remit to the Bank, to be applied towards repayment of the Facility B or the Facility C, at the Bank’s sole discretion, the following proceeds: (i) 100% of the net proceeds of Asset Dispositions (other than sales of inventory in the ordinary course of business) to be paid within 2 Business Days of closing of disposition, subject to rights to replace Assets disposed. Such provision shall not apply to the proposed sale between 7834080 and Jefferson Electric, Inc. for certain assets of Vermont Transformers Inc. following the purchase by 7834080 of such assets pursuant to the Vermont Transaction. However, 7834080 undertakes to apply in permanent reduction of all amounts owed to the Bank under Facility C, the net proceeds received from Jefferson Electric, Inc. pursuant to such sale which is payable 2 years after the date of such transaction.
Facility E. OVERDRAFT UBL FACILITY F: LOAN UBL FACILITY G: C & E GUARANTEE UBL CASTLE BRANDS SPIRITS CO LTD FACILITY A OVERDRAFT ---------- --------- AMOUNT: EUR E400,000 (Four Hundred Thousand Euro) NATURE & PURPOSE: Working capital.
Facility E has the meaning given to it in Section 3.1(e).