Application for Facility Usage 2025

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Facility Usage means the percentage of the Revolving Credit Facility in use as measured by the (a) the sum of (i) the Outstanding Amount of Revolving Credit Loans, (ii) the Outstanding Amount of L/C Obligations, and (iii) the Outstanding Amount of Swing Line Loans, over (b) the Revolving Credit Facility.
Facility Usage means, at the time in question, the aggregate outstanding principal amount of all Loans of all Lenders plus all Letter of Credit Outstandings of all Issuers.
Facilities are buildings, pieces of equipment, or services that are provided for a particular purpose. What recreational facilities are now available? A facility is something such as an additional service provided by an organization or an extra feature on a machine which is useful but not essential.
Types of Facilities Commercial and Institutional Sector. Office Buildings. Hospitals. Laboratories. Hotels. Restaurants. Educational Facilities. Industrial.
Facilities Utilization examines classroom and instructional laboratory usage at multiple levels (rooms and seats, by day, and by hour), including comparisons to norms and historical trends.

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Examples of facility in a Sentence The facilities are at the end of the corridor. He had a great facility for writing. He had great facility with words. She handled the crisis with facility.

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