Asset Financing Facility definition

Asset Financing Facility means any indebtedness or obligations under securitization transactions, repurchase facilities, warehouse facilities, note-on-note financings, other credit facilities and arrangements similar to any of the foregoing and any other indebtedness or obligations, in each case, secured directly or indirectly by, and incurred for the primary purpose of directly or indirectly funding the origination or acquisition of, or any Investment in, or otherwise financing, refinancing or capitalizing any previous origination or acquisition of, or Investment in, any CRE Finance Assets.
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Asset Financing Facility means any indebtedness or obligations under securitization transactions, repurchase facilities, warehouse facilities, note-on-note financings, other credit facilities and arrangements similar to any of the foregoing and any other indebtedness or obligations, in each case, secured directly or indirectly by, and incurred for the primary purpose of directly or indirectly funding the origination, acquisition or holding of, or any Investment in, or otherwise financing, refinancing or capitalizing any previous origination, acquisition or holding of, or Investment in, any CRE Finance Assets, but excluding any facility relating to Non-Recourse Indebtedness.
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Asset Financing Facility means any indebtedness or obligations under securitization transactions, repurchase facilities, warehouse facilities, note-on-note financings, other credit facilities and arrangements similar to any of the foregoing and any other Indebtedness or obligations, in each case, secured directly or indirectly by, and incurred for the primary purpose of directly or indirectly funding the origination or acquisition of, or any Investment in, or otherwise financing, refinancing or capitalizing any previous origination or acquisition of, or Investment in, any CRE Finance Assets (including, for the avoidance of doubt, any financing secured by Capital Stock in any special purpose Subsidiary that directly or indirectly owns CRE Finance Assets of the type referred to in clause (iii) of the definition of “CRE Finance Assets” and no other material assets; provided that such CRE Finance Asset is not otherwise financed on the asset level). For the avoidance of doubt, the Existing Repurchase Facilities and the Existing CIBC Facility shall constitute Asset Financing Facilities hereunder.
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Examples of Asset Financing Facility in a sentence

  • The Merchant Asset Financing Facility provided Merchant Asset Financing with capital required to finance equipment leases and to make asset-backed loans.

  • The requester also asked whether the use of CCC funds complied with and was authorized by section 5 of the CCC Charter Act, 15 U.S.C. § 714c.

  • DOLAN 24 was called as a witness on behalf of Progress Energy 25 Florida and, having been duly sworn, testified as FLORIDA PUBLIC SERVICE COMMISSION 2476 1 follows: 2 DIRECT EXAMINATION 3 BY MR.

Related to Asset Financing Facility

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Second Lien Facility means the second lien term loan facility under the Second Lien Credit Agreement.

  • Debt Facilities means one or more debt facilities (including, without limitation, the Credit Agreement) or commercial paper facilities with banks or other institutional lenders providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit or issuances of debt securities evidenced by notes, debentures, bonds or similar instruments, in each case, as amended, restated, modified, renewed, refunded, replaced or refinanced (including by means of sales of debt securities) in whole or in part from time to time (and whether or not with the original administrative agent, lenders or trustee or another administrative agent or agents, other lenders or trustee and whether provided under the original Credit Agreement or any other credit or other agreement or indenture).