Funding Facility definition

Funding Facility means a Standing Facility offered by the Authority which a bank may use to receive Brunei dollars from the Authority subject to a requirement for sufficient eligible securities as Collateral;
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Funding Facility means that certain credit agreement, dated as of the date hereof, among the Issuer, the Initial Lender, the Funding Facility Administrative Agent and the Funding Facility Security Agent.
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Funding Facility has the meaning set forth in Section 7(a)(7).
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Examples of Funding Facility in a sentence

  • Funding Facility II includes a $50.0 million accordion which allows for expansion of the facility to up to $250.0 million subject to consent from the lender and other customary conditions.

  • Under the Fly Aladdin Engine Funding Facility, BBAM is entitled to receive a servicing fee equal to 3.5% of monthly rents actually collected and an administrative fee equal to $1,000 per month.

  • Subject to the terms of any such Payment Funding Facility, the Manager must cause the principal amount outstanding under the Payment Funding Facility to be not less than the amount agreed from time to time by the Manager and each Designated Rating Agency.

  • The Trustee must not fund any advances for Top-up Loans until a Top-up Funding Facility has been duly executed in the form agreed by each Designated Rating Agency.

  • PAYMENT FUNDING FACILITY PROVIDER means, in relation to a Payment Funding Facility, the person who has entered into or agreed to make that Payment Funding Facility available to the Issuing Trustee.

  • INITIAL PAYMENT FUNDING FACILITY means the Payment Funding Facility dated on or about the date of this Supplementary Bond Terms Notice.

  • REDRAW FACILITY PROVIDER means, in relation to a Redraw Funding Facility, the person who has entered into or agreed to make that Redraw Funding Facility available to the Issuing Trustee.

  • Allow any adverse selection procedures to be used by the Borrower as between the credit facility established by this Agreement and any other credit facility to which the Borrower is a party (including, without limitation, the WEST Funding Facility) in selecting any Engine or item of Equipment for inclusion in the Borrowing Base.

  • Payment Funding Facility Provider means, in relation to a Payment Funding Facility, the person who has entered into or agreed to make that Payment Funding Facility available to the Issuing Trustee.

  • Payment Funding Facility means any facility provided to the Issuing Trustee to enable the Issuing Trustee to support or fund payments required or to be made by the Issuing Trustee in respect of any Enhancement or Hedge or as otherwise provided in that facility.


More Definitions of Funding Facility

Funding Facility is defined in Section 2.3(c)(iii).
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Funding Facility means a senior secured facility raised or to be raised by the Funding Borrower from the Funding Provider;
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Funding Facility means the shareholder loan facility as described in paragraph 2.2;
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Related to Funding Facility

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

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

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Tanning facility means a place that provides access to tanning devices for compensation.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Holding facility means a designated area for the retention of

  • Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.

  • Facility means the entire operation located on the property where the Equipment is located;

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(d), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 10.04, and (c) increased as provided under Section 2.21. The amount of each Lender’s Revolving Facility Commitment on the Restatement Effective Date is set forth on Schedule 2.01, or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment (or Incremental Revolving Facility Commitment), as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments is $875,000,000 on the Restatement Effective Date. After the Restatement Effective Date additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.