Secured Facility Agreement definition

Secured Facility Agreement means the facility agreement in respect of a facility of US$1,352,000,000 to be entered into between Cukurova, Cukurova Holding A.S., and Alfa, in connection with the Subscription Agreement;
Secured Facility Agreement means any one of them and “Secured Credit Facility” or “Secured Credit Facilities” means the facilities made available thereunder. Sevan Sevan Drilling Limited.
Secured Facility Agreement the secured facility agreement dated 26 October 2018 entered into among the Borrower, the Company, the Lenders, the Facility Agent and the Security Agent, details of which were disclosed in the announcement and the circular of the Company dated 26 October 2018 and 1 November 2018 respectively, and (where applicable) as amended and supplemented by the Supplemental Agreement

Examples of Secured Facility Agreement in a sentence

  • Since the Variations of Terms constitute material variations of terms of the Secured Facility Agreement, the Supplemental Agreement and the transactions as contemplated thereunder will be subject to the reporting, announcement and the Independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules.

  • In view of the interests of Xx. Xxx in the Metro Loan, the Secured Facility Agreement and thus the Supplemental Agreement and the transactions as contemplated thereunder, Xx. Xxx abstained from voting on the relevant Board resolutions.

  • In view of the interests of Xx. Xxx in the Metro Loan, the Secured Facility Agreement and thus the Supplemental Agreement and the transactions as contemplated thereunder, Xx. Xxx has abstained from voting on the relevant Board resolutions.

  • The Board wishes to announce that on 23 November 2020, the Lenders, the Borrower, Metro- LKT (as the Security Agent and the Facility Agent) and the Company (as the guarantor) entered into the Supplemental Agreement, pursuant to which, the parties have conditionally agreed on the Variations of Terms to the Secured Facility Agreement.

  • In what is referred to as the acceleration letter dated 16th April 2007 from ATT to Cukurova Holdings AS, at paragraph 4 ATT states “As explained in this letter, there are currently at least sixteen continuing Events of Default under the Secured Facility Agreement.

  • The Variations of Terms as contemplated under the Supplemental Agreement will extend the term and lower the interest rate of the term loan facility made available under the Secured Facility Agreement since the extension of the Final Repayment Date, which are to the advantage of the Company.

  • Subject: Pursuant to each of the Share Charges, the Borrower shall charge 70% of the issued share capital or issued shares (as applicable) of each of Huge Source, Progress Link and Shine Long in favour of the Security Agent as security for due performance of its payment obligations under the Secured Facility Agreement.

  • SHAREHOLDER’S LOANS ASSIGNMENT As additional security for performance by the Borrower of its payment obligations under the Secured Facility Agreement, on 26 October 2018, the Borrower and the Security Agent entered into the Shareholder’s Loans Assignment whereby certain shareholder’s loans granted by the Borrower to Huge Source, Progress Link and Shine Long shall be assigned to the Security Agent as security agent for the Finance Parties.

  • We have been appointed by the Board as members to form the Independent Board Committee and to advise you as to whether, in our opinion, the Secured Facility Agreement and the transactions contemplated thereunder are on normal commercial terms which are fair and reasonable so far as the Independent Shareholders are concerned and are in the interests of the Company and the Shareholders as a whole.

  • As also confirmed by the Directors, they considered the terms of those possible offers to be less favourable than the Secured Facility Agreement in terms of interest rate and tenure, and no firm offer had been received by the Company as at the Latest Practicable Date.

Related to Secured Facility Agreement

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Facility Agreement means an agreement or arrangement between a State Party and the Organization relating to a specific facility subject to on-site verification pursuant to Articles IV, V and VI.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.

  • Local Facility Agreements means any agreement under which a Local Facility is made available.

  • Required Facility Documents means all licenses, permits, authorizations, and agreements necessary for construction, operation, interconnection, and maintenance of the Facility including without limitation those set forth in Exhibit B.

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Credit Agreement Documents means the collective reference to any Credit Agreement, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Second Lien Security Documents means all “Security Documents” as defined in the Second Lien Credit Agreement, and all other security agreements, mortgages, deeds of trust and other security documents executed and delivered in connection with any Second Lien Credit Agreement, in each case as the same may be amended, supplemented, restated or otherwise modified from time to time.

  • DIP Facility Documents means the DIP Credit Agreement and any other documents and agreements entered into in connection with the DIP Credit Agreement or the incurrence of the DIP Facility and any orders of the Bankruptcy Court related thereto or entered in connection therewith.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.