Facility Deed definition
Examples of Facility Deed in a sentence
Flume (No. 8) Limited All Flume No. 8 Notes, including, without limitation, that certain Secured Zero Coupon Discount Note of Flume (No. 8) Limited constituted by and issued pursuant to the Note Issuance Facility Deed dated as of November 14, 2008, and made between Flume (No. 8) Limited, Residential Capital, LLC and Deutsche Trustee Company Limited.
Immediately following the Closing Date but in no case later than one (1) Business Day after the Closing Date, the Selling Stockholder shall, or shall cause, at its sole cost and expense, the M▇▇▇▇▇▇▇▇▇ Facility Release and the M▇▇▇▇▇▇▇▇▇ Facility Deed to be recorded in the County’s record books.
Subject to Conditions 7.2 (Priority of Payments Prior to Enforcement) and 7.3 (Priority of Payments Post Enforcement), the SPE will be required to redeem the Note due to (a) illegality as set forth in Clause 7.1 (Mandatory redemption – illegality) of the Note Issuance Facility Deed or (b) repurchase of the Loans and their Related Security as set forth in Clause 7.2 (Mandatory redemption – Repurchase of Loans and disposals).
By: …………………………………………… …………………………………………… Authorised Attorney In the presence of ISSUED as [of Note Issue Date] The secured zero coupon discount note (the “Note”) of Viaduct (No.7) Limited (the “SPE”) is constituted by the Note Issuance Facility Deed (the “Note Issuance Facility Deed”) dated on or about 2 June 2008 and made between the SPE, the Note Purchaser and the Security Trustee.
Unless otherwise defined herein, terms and expressions used herein have the meanings ascribed to them in the Note Issuance Facility Deed and the Master Definitions Schedule executed by, inter alios, each of the parties to the Note Issuance Facility Deed on or about 2 June 2008 (as it may be amended, varied or supplemented from time to time with the consent of the parties to it).
The Parties have agreed to extend the credit period and the end of the utilization period of the credit facility allocated to the Company pursuant to the Facility Deed, in the amount of USD 200 million (hereinafter – “the Credit Facility”), as set forth in this Amendment Deed; And Whereas The Parties have agreed on additional terms and conditions that will apply to the Credit Facility, all as set forth below in this Amendment Deed.
Terms defined in, or incorporated by reference into, the Note Issuance Facility Deed shall have the same meanings herein as therein.
These terms and conditions (the “Conditions”) are, in certain provisions, summaries of the Note Issuance Facility Deed and subject to its detailed terms and, in the event of any inconsistency between the Conditions and the Note Issuance Facility Deed, the terms of the Note Issuance Facility Deed shall prevail.
The Noteholder (as defined below) is bound by, and are deemed to have notice of, all the provisions of the Note Issuance Facility Deed applicable to it.
The Parties have once again agreed on an amendment to the Facility Deed, inter alia, by increasing the credit facility allocated to the Company pursuant to the Facility Deed, in an additional amount of U.S.$ 75 million, to a total amount of U.S.$ 275 million (hereinafter – “the Credit Facility”), as set forth in this Amendment Deed; And Whereas The Parties have agreed on additional terms and conditions that will apply to the Credit Facility, all as set forth below in this Amendment Deed.