Sentences with phrase «base under the facility»

Not exact matches

NMG would then be required to deposit daily in a collection account maintained with the agent under the Asset - Based Revolving Credit Facility.

We would then be required to deposit daily in a collection account maintained with the agent under the Asset - Based Revolving Credit Facility.

In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.

If the amount available under the Asset - Based Revolving Credit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of credit.

If the amount available under the Asset - Based Revolving Credit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of credit.

Affiliates of each of the Underwriters are lenders under the Senior Secured Asset - Based Revolving Credit Facility.

There is no scheduled amortization under the Asset - Based Revolving Credit Facility; the principal amount of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).

At July 28, 2012, borrowings under the Asset - Based Revolving Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margin.

aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.

The applicable margin is subject to adjustment based on the historical excess availability under the Asset - Based Revolving Credit Facibased on the historical excess availability under the Asset - Based Revolving Credit FaciBased Revolving Credit Facility.

At April 27, 2013, borrowings under the Asset - Based Revolving Credit Facility bore interest at a rate per annum equal to, at NMG's option, either (a) a base rate determined by reference to the highest of (i) a defined prime rate, (ii) the federal funds effective rate plus 1/2 of 1.00 % or (iii) a one - month LIBOR rate plus 1.00 % or (b) a LIBOR rate, subject to certain adjustments, in each case plus an applicable margin.

In addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisions.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

The Asset - Based Revolving Credit Facility provides that we have the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 Facility provides that we have the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 Facility may not exceed $ 1,000 million.

The Asset - Based Revolving Credit Facility provides that NMG has the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 Facility provides that NMG has the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 Facility may not exceed $ 1,000 million.

In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, we will be required to eliminate such excess within a limited period of time.

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

Loans under the new credit facility bear interest, at our option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period in each case plus a margin ranging from 0.00 % to 1.00 %, or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 2.00 %.

Loans under the new credit facility bear interest, at the Company's option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period in each case plus a margin ranging from 0.00 % to 1.00 %, or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 2.00 %.

Borrowings under the credit facility bear interest, at our option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 %, and an adjusted LIBOR rate for a one - month interest period plus 1.00 %, in each case plus a margin ranging from 0.00 % to 0.75 %; or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 1.75 %.

Loans under the credit facility bear interest, at the Company's option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period plus 1.00 %, in each case plus a margin ranging from 0.00 % to 0.75 % or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 1.75 %.

HP is required to pay a commitment fee based on the unused portion of the commitments under the Bridge Facility.

We anticipate that borrowings under the New Credit Facility will bear interest, at our option, at either the prime rate or LIBOR plus, in each case, an applicable margin determined according to a grid based on a net funded debt to Adjusted EBITDA ratio.

Any tri-party repos contracted under the Reserve Bank's standing facility will be for a minimum term of one day and will be at a rate of interest set 25 basis points above the cash rate target.

Innovative Foods Ltd. key Products / Revenue Segments include Vegetable Products, Marine Products, and Pickles Cochin - based Innovative Foods, which markets frozen food under the brand Sumeru, is setting up its second manufacturing facility with a capacity of 300 tons in Chittoor district of Andhra Pradesh after Kochi, announced a top company executive

Specifically, the PBFA has called for: Support for specialty crops; research on plant protein; removing» anti-competitive» policies to bridge the large competitive gap between commodities and specialty crops; support for organic crops; inclusion of transparency and accountability provisions; and referencing «plant - based foods that are major sources of Nutrients of Concern» in 7 USC Section 3157 under «competitive special and facilities research grants.»

Under Title IX, to achieve gender parity between men's and women's sports, universities and colleges have to meet one of three different requirements: 1) equity in participation opportunities for both men and women; 2) scholarships offered proportionally based on the number of male and female athletes; and 3) comparable overall treatment of women's and men's sports (including but not limited to quality and maintenance of locker rooms and facilities, equipment and supplies, access to practice fields, publicity of teams and events, the quality of coaching, academic tutoring, traveling budgets, etc.).

Plesh Contract Packaging, a manufacturing company that makes oil - and water - based products under branded and private labels, will expand and improve its East Side facility.

Under the plan, SolarCity, a San Mateo, Calif. - based company with five regional offices in New York, would build and own the facility, with the county purchasing electricity at a set rate.

In less than a month, all contractors who perform renovations, painting and remodeling that might disturb lead - based paint in houses, child care facilities and schools built before 1978 will be required to meet stricter guidelines under the new regulations established... Read more

Countdown Begins on Remodeling, Repairing and Paint Rules «New EPA Regs Aimed at Decreasing Lead Poisoning» In less than a month, all contractors who perform renovations, painting and remodeling that might disturb lead - based paint in houses, child care facilities and schools built before 1978 will be required to meet stricter guidelines under the new regulations established by the Environmental Protection Agency (EPA), Oneida County Health Department officials said today.

Typically, the agency has posted reports on scores of research facilities on a frequent, rolling basis: It needs to do so to keep current with regular inspections of some 1000 research labs that are under its oversight.

Evelyn is convinced she's been given a second chance to live with her husband, who now happens to want to take control of the entire planet from a central base in a massive, open - plan facility — long, cavernous hallways that seem to have no end — built under a no - horse town in the middle of nowhere.

In contrast to past practice where school districts dolled out their local capital dollars based on school facility needs, the new sharing requirement under HB 7069 calculates how much is owed to charters on a per - student basis.

Under the LAO plan, the Legislature would provide an annual grant amount for school facility needs based on the replacement value of existing school buildings as well as an estimate of the average useful life of the buildings.

Set in between the Army's Fort Bragg and the Marines» Camp LeJeune bases on 978 acres, TRC is a special - ops training facility founded by Delta Force veterans, many of whom have some 20 - plus years of experience in the field under their belts.

Production by Chrysler at its Kokomo transmission facility under license by the German - based company is slated following introduction.

LRS does not envisage extension of fund and non-fund based facilities by the AD banks to their resident individual customers to facilitate remittances for capital account transactions under LRS.

Refers to those types of privately owned or privately used facilities which are authorized to be issued on a tax - exempt basis under the Internal Revenue Code.

This led her to working in boarding, training, and daycare facilities, where she gained knowledge under other positive, skilled, reward based trainers, as well as honing observational skills and hands - on experience with many different dogs.

For example, we recently discovered that a facility owned by a major supplier of ingredients to the pet food industry, including Blue Buffalo, for a period of time, had mislabeled as «chicken meal» or «turkey meal» ingredients that contained other poultry - based ingredients that were inappropriate for inclusion in «chicken meal» or «turkey meal» under industry standards, and it appears that this mislabeling was deliberate.

In the course of pretrial discovery in the consolidated Nestlé Purina lawsuit, beginning in September 2014 documents and information were revealed that indicate that a facility owned by a major supplier of ingredients to the pet food industry, including Blue Buffalo, for a period of time, had mislabeled as «chicken meal» or «turkey meal» ingredients that contained other poultry - based ingredients that were inappropriate for inclusion in «chicken meal» or «turkey meal» under industry standards, and it appears that this mislabeling was deliberate.

The all - suite hotel is offering 25 % off the best available rate in a duplex suite with breakfast, complimentary stay for up to three kids aged 11 and under in the same suite, complimentary drinks and hors d'oeuvres on a daily basis, unlimited access to Wild Wadi water park and access to all the usual hotel facilities including the spa, Burj Al Arab terrace and beach and a private beach at Jumeirah Al Naseem.

Under the directorship of Jessica Morgan, Dia has added a total of 12 new members and grown its Board by nine seats, creating an expanded base of support for the nonprofit, which operates a constellation of programmatic facilities and artists» sites nationally and internationally.

The START Mission recommendations served as the information basis and independent expert evaluation for Egypt's subsequent application to the Global Environmental Facility, to support the identified 140MW Integrated Solar Combined Cycle (ISCC) power plant project at Kuraymat with a 50 Million dollar grant under GEF - OP7.

NYISO assumed that three major generation facilities currently under construction would be available in the base case for this assessment that impact the findings: Bayonne Energy Center II Uprate (Zone J, 120 MW), CPV Valley Energy Center (Zone G, 678 MW), and Cricket Valley Energy Center (Zone G, 1,020 MW).

(Sec. 388) Amends the Outer Continental Shelf Lands Act to authorize the Secretary of the Interior to grant, on either a competitive or noncompetitive basis, a lease, easement, or right - of - way on the outer Continental Shelf for activities not otherwise authorized under specified laws, if those activities: (1) support exploration, development, production, transportation, or storage of oil, natural gas; (2) produce or support production, transportation, or transmission of energy from sources other than oil and gas; or (3) use, for energy - related or marine - related purposes, facilities currently or previously used for activities authorized under this Act, unless prohibited by moratorium.

By contrast, under a «mass - based system,» states would have to meet an overall target for greenhouse - gas emissions and ensure that power plants either make those reductions at their facilities or finance efforts to achieve them in other ways, such as by reducing consumer demand or investing in carbon - free electricity generation.

The Southeast is home to a highly skilled manufacturing and maritime workforce and employs thousands of people in the land - based wind industry, despite having only a 29 MW facility in TN and a 208 MW facility under construction in NC.