Examples of Financial Facilities in a sentence
The Schedule Property is sold with all known and unknown encumbrances, if any, except the encumbrance by way of mortgage / charge and liabilities to the Bank in respect of the Financial Facilities as against the Schedule Property.
The Permitted Financial Facilities, the Senior Note Guaranty and the completion guaranty to be executed by Borrower in connection therewith shall be permitted hereunder.
See IMF Reforms Financial Facilities for Low-Income Countries (7/29/09).Table 5.
Agent hereby approves those documents and instruments delivered to the Agent on or before the Closing Date (but not otherwise) executed in connection with the Permitted Construction Loans which have been closed as of the Closing Date, and such facilities shall constitute Permitted Financial Facilities regardless of satisfaction of the conditions of the preceding sentence.
The Borrower indemnifies and shall keep indemnified the Bank, its employees, successors and assigns from and against all costs, charges, duties, levies, penalties including the penalties whether resulting from delay or omission to pay any stamp duty, registration charges or otherwise and expenses incurred or loss or damage suffered by the Bank in connection with the Financial Facilities including negotiation, execution and enforcement of the Facility Documents.
Note 21: Financial Facilities The Co-operative currently operates without the need for bank finance facilities.
The Borrower shall pay all goods and services tax and all other levies and taxes now or hereafter imposed by law on any payment with respect to the Financial Facilities and/or this Agreement and indemnifies and shall keep indemnified the Bank against such payment.
The Borrower agrees to repay the amount outstanding under the Financial Facilities without any delay, demur or protest, together with interest forthwith, on written demand of Bank on the Borrower.
In July 2009, the European Investment Bank, in cooperation with the European Commission, accorded financing to the Valeo Group in the context of its RSFF (Risk Sharing Financial Facilities) funding programme.
Brief Comparison between Banking and Non-Banking Facilities:In order to completely comprehend the points of divergence between Banking and Non-Banking Financial Facilities, great attention must be drawn towards their core meaning; as theBanking Financial Facilities provide credit options that are solely regulated and supervised by banks which have the capacity to set the procedures due for acquiring credit facilities.