New Facility Agreement definition

New Facility Agreement means either 1) a rental or lease agreement for a facility not previously occupied by the charter school; 2) a rental or lease agreement that includes additional square footage not included in the previous year's agreement; or 3) a new agreement for existing facilities or square footage when the existing lease is up for renewal or expires.

New Facility Agreement means the €1,072,000,000 secured credit agreement between TD Bank Europe Limited as facility agent, UPC Distribution as borrower, the New Facility Lenders and others dated on or about January, 2004.

New Facility Agreement means either 1) a rental or lease agreement for a facility not previously occupied by the Charter School; 2) a rental or lease agreement that includes additional square footage not included in the previous year's agreement; or

Examples of New Facility Agreement in a sentence

• If the Grantor cancels the Funded Participation as set out in Clause 16.1 (Cancelling the Funded Participation) the Participant shall, at the same time, transfer by way of novation to the Grantor its undrawn Facility D Commitment under the New Facility Agreement (if any) in an amount necessary for the Grantor to be in compliance with clause 26.2 (Transfers by Lenders) of the New Facility Agreement following such transfer.

• Each party to this Deed agrees and acknowledges that, subject to the terms of the New Facility Agreement, any person may become an Additional Facility Lender by delivering to the Facility Agent an Additional Facility Accession Agreement and that each Additional Facility Lender will become a party to this Deed in the capacity as a Lender on the date specified in the Additional Facility Accession Agreement.

• Each party to this Deed irrevocably authorises the Facility Agent to countersign each Novation Certificate on its behalf without any further consent of, or consultation with, any such party provided that all relevant conditions under the New Facility Agreement have been satisfied.

• None of the Charging Entities may assign or transfer any of their respective rights or obligations under this Deed other than pursuant to clause 26.1 (Transfers by Obligors) of the New Facility Agreement.

• Unless the context otherwise requires or unless otherwise defined in this Deed, words and expressions defined in the New Facility Agreement (as amended and restated from time to time) shall have the same meaning when used in this Deed.

More Definitions of New Facility Agreement

New Facility Agreement means either 1) a rental or lease agreement for a facility not previously occupied by the Charter School; 2) a rental or lease agreement that includes additional square footage not included in the previous year's agreement; or 3) a new agreement for existing facilities or square footage when the existing lease is up for renewal or expires. Options to renew contained in existing rent or lease agreements on file with the Authority executed by the Charter School and the lessor will not be considered a New Facility Agreement.

New Facility Agreement means either a rental or lease agreement for facilities or square footage the charter school did not previously occupy or agreements not previously submitted to the Program.

New Facility Agreement means the €1,072,000,000 senior secured credit agreement between, among others, the 2004 Facility Agent and UPC Broadband as borrower dated 16 January 2004.

New Facility Agreement means the US$1,800,000,000 facility agreement entered or to be entered into on or about the date of the Third Amendment Deed between, amongst others, the Borrower as borrower, the Guarantor as guarantor and Standard Chartered Bank (Hong Kong) Limited as agent.

New Facility Agreement the facility agreement dated 14 January 2019 entered into between the Co-lenders and the Borrower in connection with the grant of uncommitted revolving loan facility at an interest rate of 10.5% per annum

New Facility Agreement means the term liquidity facility agreement to be entered into by the Senior Secured Notes Issuer pursuant to the terms of a commitment letter dated 8 February 2018 (the “Commitment Letter”), between, among others, the Senior Secured Notes Issuer and the Initial Holders, the proceeds of which shall, in part, discharge amounts then owing under the then extant Credit Facility.”

New Facility Agreement means the term liquidity facility agreement to be entered into by the Senior Secured Notes Issuer pursuant to the terms of a commitment letter dated 8 February 2018 (the “Commitment Letter”), between, among others, the Senior Secured Notes Issuer and the Initial Holders, the proceeds of which shall, in part, discharge amounts then owing under the then extant Credit Facility.”2. Section 5.1(d)(i) (Forbearance Expiration Date) shall be amended by deleting “2 April 2018” and replacing it with “1 June 2018”.3. A new Section 6.13 shall be included to read as follows: