JPMorgan Facility definition

JPMorgan Facility has the meaning set forth in the section entitled “The Merger” in the Preliminary Offering Circular dated January 26, 2011.
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JPMorgan Facility means that certain 5-Year Letter of Credit Issuance and Reimbursement Agreement, dated as of May 23, 2005, among the Company, X.X. Xxxxxx Securities Inc., as sole lead arranger and bookrunner, Barclays Bank PLC, as syndication agent, Bank of America, N.A. and Citibank, N.A. as documentation agents, JPMorgan Chase Bank, N.A., as administrative agent and as issuing bank, and the several banks and other financial institutions as lenders thereto, and any documents entered into or otherwise related thereto (including any cash collateral agreement).
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JPMorgan Facility means the 9/06 Senior Secured Credit Agreement, dated as of September 29, 2006 among JPMorgan, as a lender and as administration agent and representative for all of the Lenders party thereto, and Accredited Home Lenders, Inc., a California corporation.
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Examples of JPMorgan Facility in a sentence

  • Substantially all of the Company’s borrowings under the Company's master repurchase facility with JPMorgan Chase Bank, N.A. (the "JPMorgan Facility") were repaid upon the closing of the Company’s Series A Preferred Stock offering in August 2012.

  • The Company's ability to achieve its levered weighted average underwritten IRR is additionally dependent upon the Company re-borrowing approximately $53 million under the JPMorgan Facility or any replacementfacility.

  • Use of Proceeds: We intend to use the net proceeds of this offering to repay amounts outstanding under the JPMorgan Facility, and, to the extent not used therefor (including as a result of the underwriters’ exercise of their option to purchase additional Notes), to acquire our target assets and for general corporate purposes.

  • The Company's ability to achieve its levered weighted average underwritten IRR is additionally dependent upon the Company re-borrowing approximately $53 million under the JPMorgan Facility or any replacement facility.

  • After giving effect to the incurrence of the Loans by the Borrowers, the Debt to Adjusted Tangible Net Worth Ratio (as defined in the JPMorgan Facility) of Holdings and its Subsidiaries will not exceed 17:00 to 1:00.

  • Sellers shall have received a pay-off letter and release, in form and substance reasonably satisfactory to Sellers and Acquiror, executed by JPMorgan Chase Bank, N.A. irrevocably releasing and discharging CMFG Life and the Companies from all obligations under, and all Liens granted by CMFG Life in respect of its assets in favor of JPMorgan Chase Bank, N.A. in connection with, the JPMorgan Facility.

  • ARI’s borrowings had the following remaining maturities at December 31, 2013: Less than 1 Facility ($000s) year 1 to 3 years 3 to 5 years Total Wells Facility $ 47,751 $- $- $47,751 UBS Facility — 5,004 128,895 133,899 JPMorgan Facility 204 20,179 — 20,383 Total Borrowings at December 31, 2013 $ 47,955 $25,183 $128,895 $202,033 (1) Assumes extension options on the JP Morgan Facility and the UBS Facility are exercised.

  • JPMorgan shall have entered into the Intercreditor Agreement with the Agents, in form and substance satisfactory to the Administrative Agent, pursuant to which JPMorgan shall have (i) consented to a second lien by the Collateral Agent on the same assets that are securing the JPMorgan Facility, (ii) agreed to cap the outstanding amount under the servicing rights financing to $49,000,000, and (iii) waived all defaults under the JPMorgan Facility.

  • The Company’s ability to achieve its underwritten levered weighted average IRR with regard to its portfolio of first mortgage loans is additionally dependent upon the Company utilizing the JPMorgan Facility or any replacement facility and re-borrowing approximately $88,000 in total.

  • This Amendment shall become effective when, and only when (i) the Lenders shall have received a counterpart of this Amendment executed by each of the parties hereto and (ii) the JPMorgan Facility has become effective.


More Definitions of JPMorgan Facility

JPMorgan Facility means that certain 5-Year Letter of Credit Issuance and Reimbursement Agreement, dated as of May 23, 2005, among the Company,
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JPMorgan Facility shall have the meaning set forth in Section 5.1(f).
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JPMorgan Facility means that certain (i) Amended and Restated Master Repurchase Agreement, dated as of March 31, 2011 (as amended, restated, supplemented or otherwise modified and in effect from time to time), by and among CT Legacy JPM SPV, LLC , as seller and JPMorgan Chase Bank, N.A., as buyer, and any documents related thereto and/or (ii) Amended and Restated Master Repurchase Agreement, dated as of March 31, 2011 (as amended, restated, supplemented or otherwise modified and in effect from time to time), by and among CT Legacy JPM SPV, LLC , as seller and JPMorgan Chase Funding, Inc., as buyer, and any documents related thereto.
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JPMorgan Facility means that certain (i) Master Repurchase Agreement, dated as of March 31, 2011 (as amended, restated, supplemented or otherwise modified and in effect from time to time), by and among CT Legacy JPM SPV, LLC , as seller and JPMorgan Chase Bank, N.A., as buyer, and any documents related thereto and/or (ii) Master Repurchase Agreement, dated as of March 31, 2011 (as amended, restated, supplemented or otherwise modified and in effect from time to time), by and among CT Legacy JPM SPV, LLC, as seller and JPMorgan Chase Funding, Inc., as buyer, and any documents related thereto.
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JPMorgan Facility means the loan facility pursuant to that certain Third Amended and Restated Credit Agreement, dated as of August 23, 2013, by and among PAIC and XXX, as borrowers, CMFG Life, as guarantor, JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto.
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JPMorgan Facility means the Senior Secured Credit Agreement, dated as of March 9, 2000, between JPMorgan Chase Bank, as successor to The Chase Manhattan Bank and Seller as may be amended from time to time, and all other documents or agreements executed in connection therewith.
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Related to JPMorgan Facility

  • 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.

  • Canadian Facility means, at any time, the aggregate amount of the Canadian Commitments at such time.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • New Credit Facility is defined in Section 9.8.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

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

  • Exit Facility Agent means the agent under the Exit Facility.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Syndication Date means that date upon which the Administrative Agent determines in its sole discretion (and notifies the Borrower) that the primary syndication (and resultant addition of Persons as Lenders pursuant to Section 13.04(b)) has been completed.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • 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(b), 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 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment 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, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.