Description of Facility. grant to the Borrowers a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth:
Describe proposed use and operation of Premises including principal products or service to be conducted at facility:
Description. This Plan is the means by which the Committee (as defined below) shall determine and implement incentive awards for participating employees hereunder.
Description. This Plan is intended to be a welfare benefit plan within the meaning of [Section 3(1)] of ERISA and DOL Reg. [[Sec. 2510.3-2(b)])]])] and a top-hat welfare benefit plan within the meaning of [[Sec. 2520.104-24]4]]4].
The Company will provide the Supplier with a Total Body Photography system, which shall be installed on Supplier computers and with photography equipment, and it will instruct the Supplier's employees on use of the system and photography.
Facility. is willing to consider, in its sole discretion and within limits which may be authorized for purchase by Parties from time to time, the purchase of Shelf pursuant to this Agreement. The willingness of to consider such purchase of Shelf is herein called the “Facility.” At any time, subject to the additional limitations in [Section 2(b)], the aggregate principal amount of Shelf stated in [Section 1], minus the aggregate principal amount of Shelf purchased and sold pursuant to this Agreement prior to such time, minus the aggregate principal amount of Accepted (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 TO CONSIDER PURCHASES OF SHELF BY PARTIES, THIS AGREEMENT IS ENTERED INTO ON THE EXPRESS UNDERSTANDING THAT NEITHER NOR ANY PARTY SHALL BE OBLIGATED TO MAKE OR ACCEPT OFFERS TO PURCHASE SHELF , OR TO QUOTE RATES, SPREADS OR OTHER TERMS WITH RESPECT TO SPECIFIC PURCHASES OF SHELF , AND THE FACILITY SHALL IN NO WAY BE CONSTRUED AS A COMMITMENT BY OR ANY PARTY.
Service Provider shall provide to Service Recipients customers limousine transportation services. Melco Crown Parties may only be a Service Recipient of the Services under this [Section 2.1].
This incentive is provided by the grant of Restricted Stock Units ("RSU") which give the Plan participant the right, subject to the terms and conditions herein:
Facility Fee. The Company shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a facility fee in Dollars equal to the Applicable Rate multiplied by the actual daily amount of the Aggregate Commitments (or, if the Aggregate Commitments have terminated, on the Outstanding Amount of all Revolving Loans, Swing Line Loans and L/C Obligations), regardless of usage. The facility fee shall accrue at all times during the Availability Period (and thereafter so long as any Revolving Loans, Swing Line Loans or L/C Obligations remain outstanding), including at any time during which one or more of the conditions in [Article IV] is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date and on the Maturity Date (and, if applicable, thereafter on demand). The facility fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.
Revolving Facility. Subject to the terms and conditions set forth herein, each Revolving Lender agrees to make Revolving Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in # such Lenders Revolving Credit Exposure exceeding such Lenders Revolving Commitment or # the total Revolving Credit Exposures exceeding the total Revolving Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.
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