Facility

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Related to Bank Credit Facilities: revolving credit, Revolving credit facility, Revolving line of credit

Facility

A physical environment containing open space, such as parks and gardens; infrastructure, such as roads, utilities; and built structures, such as homes, schools, hospitals, and factories.

facility

All or any portion of a building, area, or structure, including the site on which it is located, wherein specific services are provided or activities are performed.
References in periodicals archive ?
While the Company believes that the equity financing and the restructured bank credit facilities will be closed on or before January 15, 1995 and the sale and possible leaseback of its Nashville property on or before February 15, 1995, there can be no assurance that these transactions will be accomplished.
Some of IR's cash balances will likely be used to pay out approximately $490 million of debt that matures in May 2006, but remaining cash and availability under $2 billion of committed bank credit facilities provide a comfortable level of liquidity.
The Syndicate has agreed to provide new bank credit facilities consisting of a U.
0 billion commercial paper (CP) program, supported by a corresponding amount of bank credit facilities.