Type of Facility. An Ancillary Facility may be by way of: (i) an overdraft facility; (ii) a guarantee, bonding, documentary or stand-by letter of credit facility; (iii) a term loan facility; (iv) a derivatives facility; (v) a foreign exchange facility; or (vi) any other facility or accommodation reasonably necessary or useful in connection with the business of the Group or any member thereof and which is agreed by the Borrower Representative with an Ancillary Lender.
Type of Facility. 2.3.1. The Facility is a(n) (check one): Baseload Facility
2.3.2. The Facility’s renewable resource is
2.3.3. The Facility is a (check all applicable): “small power production facility,” as described in 18 CFR §§292.203(a), 292.203(c) and 292.204 “topping-cycle cogeneration facility,” as defined in 18 CFR §292.202(d) “bottoming-cycle cogeneration facility,” as defined in 18 CFR §292.202(e)
Type of Facility. An Ancillary Facility may be by way of:
8.1.1 a multicurrency overdraft facility;
8.1.2 a multicurrency guarantee, bonding, documentary or stand-by letter of credit facility;
8.1.3 a short term multicurrency loan facility;
8.1.4 a derivatives facility;
8.1.5 a foreign exchange facility; or
8.1.6 any other multicurrency facility or accommodation required in connection with the business of the Group and which is agreed by the Company with an Ancillary Lender.
Type of Facility. A Bilateral Facility may be by way of:
(a) a foreign exchange facility; or
(b) any other facility or accommodation required in connection with the business of the Group (other than any facility or accommodation for the purpose of or having the effect of a term loan or a revolving credit facility) and which is agreed by the Company with a Bilateral Lender.
Type of Facility. You will sell to us and we will purchase your Debts on the following basis:
2.1 You have an invoice discounting facility, which means you will maintain the sales ledger;
2.2 We appoint you until further notice to act as our undisclosed collection agents to collect Debts from your Customers.
Type of Facility. An Ancillary Facility may be made available by way of:
Type of Facility. An Ancillary Facility may only be utilised by way of guarantee facility to secure Financial Indebtedness of Bidco or the Company under the Loan Notes.
Type of Facility. 4.1 The Facility made available to the Borrowers under this Facility is a RMB revolving loan facility for drawing by written notice.
4.2 The Facility is made available on a committed basis.
Type of Facility. (a) This Agreement for the sale and purchase of your book debts does not involve us (in normal circumstances) having any direct contact with your Customers and as such clauses 1(f) , 1(g), and 4.6 (b) of the General Conditions will not apply.
(b) You will notify us of any credit notes or accounting reductions proposed to be issued or made to a Customer and will not (except with our prior permission in writing) issue or make any credit notes or reductions exceeding (pound)1,000 in aggregate.
(c) Notwithstanding the provisions of clause 5(a) of the General Conditions you will act as our agent to collect payments due from your Customers in respect of book debts and you will deal with such payments in accordance with clause 5(c) of the General Conditions, and in any event forward collections to us forthwith upon receipt, and not bank them in any of your accounts and hold any monies or uncleared effects strictly to our order until paid over to us. This agency will cease upon the termination of this Agreement.
(d) Upon the occurrence of a Termination Event as defined in clause 11 of the General Conditions we may at our discretion: notify your Customers of the assignment of their book debts to us; and/or terminate the agency immediately by written notice; and/or continue to provide you with facilities upon such terms as we may specify in writing.
(e) Following termination of the agency, if we collect any book debts we shall be entitled to charge a collection fee at a rate of 5% of amounts so collected, without prejudice to our right to charge the Recoveries Fee but so that the total fee shall not exceed 10%
(f) Within ten days following the end of each month you will send us, in a form we specify, an aged analysis of book debts and a copy of your sales ledger control account, together with such other documents as we may require.
