Textron Facility Sample Clauses

The "Textron Facility" clause defines the specific credit facility or loan arrangement provided by Textron, typically outlining the terms under which funds are made available to the borrower. This clause usually details the type of facility (such as a revolving credit line or term loan), the maximum borrowing amount, and any unique conditions or covenants associated with the Textron-provided financing. Its core practical function is to clearly identify and govern the financial relationship between the parties regarding the Textron facility, ensuring both parties understand the scope and limitations of the credit arrangement.
Textron Facility. Those certain credit facilities provided by Textron and certain other lenders to the Borrower pursuant to the Textron Documents.
Textron Facility. The Administrative Agent shall have received evidence satisfactory to it and to the Lenders that the Amended and Restated Agreement for Wholesale Financing (Finished Goods—Shared Credit Facility), dated as of May 25, 2004 (as amended, restated, supplemented or modified through the date hereof, the “Textron Facility”), among Parent, Palm Harbor Manufacturing, L.P., a Texas limited partnership, Palm Harbor Homes I, L.P., a Texas limited partnership, and Palm Harbor Marketing, Inc., a Nevada corporation, as borrowers, the lenders party thereto and Textron Financial Corporation, a Delaware corporation, as administrative agent, has been amended (i) to extend the Maturity Date thereunder to the earlier of June 30, 2012 and one month prior to the date of the first repurchase option for the holders of the Parent Convertible Notes, (ii) to increase the Maximum Net Loss covenant thereunder to not greater than $15,000,000 (excluding any restructuring charges) in respect of the fiscal quarter ending March 26, 2010 and any fiscal quarter thereafter through September 24, 2010 and (iii) to repeal Sections 11 and 12 of the seventh amendment, dated December 29, 2009, to the Textron Facility, with respect to CPA and any of its direct or indirect Subsidiaries and the assets, property, and ownership thereof.
Textron Facility. Individually and collectively, those certain credit facilities provided by Textron Financial Corporation to Borrower pursuant to (a) that certain Amended and Restated Loan, Security and Agency Agreement (Tranche A) dated as of ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇) that certain Amended and Restated Loan, Security and Agency Agreement (Tranche B) dated as of April 30, 2002, (c) that certain Loan and Security Agreement (Tranche C) dated as of April 17, 2001, and (d) that certain Amended and Restated Loan and Security Agreement dated as of RECEIVABLES LOAN AND SECURITY AGREEMENT March 5, 2004, and all documents and other instruments executed in connection therewith, as all of the same have been and may hereafter be amended, supplemented and modified from time to time.
Textron Facility. Borrower will comply with each of the terms and conditions of any subordinated indebtedness, the Textron Facility and will promptly deliver to Lender, upon receipt by Borrower, copies of any notices received by Borrower in connection with the Textron Facility or any other credit facility from time to time subject to the Interecreditor Agreement.”

Related to Textron Facility

  • Interconnection Facilities 4.1.1 The Interconnection Customer shall pay for the cost of the Interconnection Facilities itemized in Attachment 2 of this Agreement. The NYISO, in consultation with the Connecting Transmission Owner, shall provide a best estimate cost, including overheads, for the purchase and construction of its Interconnection Facilities and provide a detailed itemization of such costs. Costs associated with Interconnection Facilities may be shared with other entities that may benefit from such facilities by agreement of the Interconnection Customer, such other entities, the NYISO, and the Connecting Transmission Owner. 4.1.2 The Interconnection Customer shall be responsible for its share of all reasonable expenses, including overheads, associated with (1) owning, operating, maintaining, repairing, and replacing its own Interconnection Facilities, and

  • Common Facilities Common Facilities" (sometimes referred to herein as "Common Areas") means all areas, facilities, utilities, equipment and services provided by Landlord for the common use or benefit of the occupants of the Center and their employees, agents, customers and other invitees, including without limitation, if the same exist: building lobbies, common corridors and hallways, restrooms, pedestrian walkways, driveways and access roads, access facilities for disabled persons (including elevators), truck serviceways, loading docks, garages, driveways, parking lots, landscaped areas, stairways, elevators, retaining walls, all areas required to be maintained under the conditions of governmental approvals for the Center, and other generally understood public or common areas. All Common Facilities shall at all times be subject to the exclusive control and management of Landlord. Landlord reserves the right to relocate, alter, improve, or adjust the size and location of any Common Facilities from time to time without liability to Tenant. Landlord shall have the right from time to time to establish, modify and enforce reasonable rules and regulations with respect to the Common Facilities. Landlord shall have the right to construct, maintain and operate lighting facilities on the Common Facilities; to police the same; from time to time to change the area, level, location and arrangement of parking areas and other facilities; to restrict parking by tenants, their officers, agents and employees to employee parking areas; to close all or any portion of the Common Facilities to such extent; to close temporarily all or any portion of the Common Facilities for any reason, including for the purpose of preventing a dedication thereof or the accrual of any rights to any person or the public therein; and to do and perform such other acts in and to the Common Facilities which Landlord shall determine, using good business judgment, to be advisable to improve the convenience and use thereof by tenants, their officers, agents, employees and customers. Subject to the foregoing, all Common Facilities not within the Premises, which Tenant may use under a revocable license, on a nonexclusive basis in common with other tenants, and if any such license is revoked, or if the amount of such areas is diminished, Landlord shall not be subject to any liability and Tenant shall not be entitled to any compensation or abatement of rent, nor shall such revocation or diminution be deemed constructive or actual eviction.

  • Interconnection Facility Options The Intercarrier Compensation provisions of this Agreement shall apply to the exchange of Exchange Service (EAS/Local) traffic between CLEC's network and Qwest's network. Where either Party acts as an IntraLATA Toll provider, each Party shall ▇▇▇▇ the other the appropriate charges pursuant to its respective tariff or price lists. Where either Party interconnects and delivers traffic to the other from third parties, each Party shall ▇▇▇▇ such third parties the appropriate charges pursuant to its respective tariffs, price lists or contractual offerings for such third party terminations. Absent a separately negotiated agreement to the contrary, the Parties will directly exchange traffic between their respective networks without the use of third party transit providers.

  • Facility Prudential is willing to consider, in its sole discretion and within limits which may be authorized for purchase by Prudential Affiliates from time to time, the purchase of Shelf Notes pursuant to this Agreement. The willingness of Prudential to consider such purchase of Shelf Notes is herein called the “Facility”. At any time, the aggregate principal amount of Shelf Notes stated in Section 1.2, minus the aggregate principal amount of Shelf Notes purchased and sold pursuant to this Agreement prior to such time, minus the aggregate principal amount of Accepted Notes (as hereinafter defined) which have not yet been purchased and sold hereunder prior to such time, is herein called the “Available Facility Amount” at such time. NOTWITHSTANDING THE WILLINGNESS OF PRUDENTIAL TO CONSIDER PURCHASES OF SHELF NOTES BY PRUDENTIAL AFFILIATES, THIS AGREEMENT IS ENTERED INTO ON THE EXPRESS UNDERSTANDING THAT NEITHER PRUDENTIAL NOR ANY PRUDENTIAL AFFILIATE SHALL BE OBLIGATED TO MAKE OR ACCEPT OFFERS TO PURCHASE SHELF NOTES, OR TO QUOTE RATES, SPREADS OR OTHER TERMS WITH RESPECT TO SPECIFIC PURCHASES OF SHELF NOTES, AND THE FACILITY SHALL IN NO WAY BE CONSTRUED AS A COMMITMENT BY PRUDENTIAL OR ANY PRUDENTIAL AFFILIATE.

  • Participating TO’s Interconnection Facilities The Participating TO shall design, procure, construct, install, own and/or control the Participating TO’s Interconnection Facilities described in Appendix A at the sole expense of the Interconnection Customer. Unless the Participating TO elects to fund the capital for the Participating TO’s Interconnection Facilities, they shall be solely funded by the Interconnection Customer.