Facility Description definition

Facility Description. Trade Bank will make the Revolving Credit Facility available to Borrower to finance Borrower’s working capital requirements. Subject to the credit limit specified above, the Revolving Credit Facility may be supported by (i) a standby letter of credit in favor of Trade Bank, (ii) a guarantee or (iii) accounts receivable, inventory or other collateral. Revolving Credit Loans cannot be used to repay outstanding Revolving Credit Loans or Term Loans that have matured or to repay amounts due under any other Facilities provided to Borrower.
Facility Description. Up to $115,000,000 (but not less than $100,000,000) term loan (the "Facility") with a maturity of six months from the date of closing of the Panhandle Eastern Acquisition (the "Closing Date"), but in no event later than September 1, 2003 (the "Maturity Date"). The Facility will be available for drawdown until the Closing Date, but in no event later than May 1, 2003.
Facility Description. Shall have the meaning set forth in Attachment A (Facility Description).

Examples of Facility Description in a sentence

  • Facility Description -------- ----------- Structure: Lattice steel towers and multi-sided hollow tubular steel poles.

  • Seller shall construct, interconnect, own, operate, and maintain the Facility, as further described in Exhibit C - Facility Description.

  • A description of the Facility as studied, and incorporating any design changes approved in accordance with Section 1.4, is attached hereto as Appendix B (the "Facility Description").

  • A scaled map that identifies the Site, the location of the Facility, the Interconnection Point and Interconnection Facilities, the Point of Delivery, and other important facilities, is included in Exhibit C - Facility Description.

  • The Facility Description is attached to this Agreement as Attachment A (Facility Description).


More Definitions of Facility Description

Facility Description means a summary description of the manufacturing facility, including but not limited to structure, utilities, and equipment.
Facility Description. Secured Acquisition Term Loan Facility which permanently reduces with each drawdown for a Permitted Acquisition. Interest only for the first six months from the drawdown date, then amortizes in equal quarterly amounts over a five year period. Purpose: Finance Permitted Acquisitions.
Facility Description. The B747-400 simulator is part of the ▇▇▇▇ Research Center’s Crew Vehicle System Research Facility which is used to study air-traffic management concepts and technologies, aviation human factors and safety, and develop and improve new simulation and training tools. United Parcel Service (UPS) utilized the B747 simulator to support UPS crew operations familiarization and training and to collect flight operations quality assurance data for aviation safety research on typical UPS flight profiles.
Facility Description. Up to $10 million 3-Year Dollar Buyout Lease Financing Facility (the "Facility" or "Commitment").
Facility Description. The Portable Unit for Metabolic Analysis (PUMA) system is a self-contained device that measures the six key quantities (oxygen, carbon dioxide, flow, temperature, pressure, and heart rate) capable of measuring human metabolic function at rest, during exercise, in clinical settings, or in the field. PUMA and associated calibration systems are being used by Orbital Research, Inc. to support the development of its Pilot Physiologic Assessment System, to be used to provide pilots with early warning signal of hypoxic state (lack of oxygen) and could be similarly used by astronauts.
Facility Description. Telephone:
Facility Description. The Space Environmental Effects Facility (SEE) houses 11 distinct testing capabilities. Equipment is used to test materials incorporated or planned for integration in spacecraft design.