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.
JPMorgan Facility means that certain 5-Year Letter of Credit Issuance and Reimbursement Agreement, dated as of May 23, 2005, among 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).
JPMorgan Facility means that certain 5-Year Letter of Credit Issuance and Reimbursement Agreement, dated as of May 23, 2005, among the Company,

Examples of JPMorgan Facility in a sentence

  • 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.

  • 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.

  • See “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, and subsequent filings by ARI, for a discussion of some of the factors that could adversely impact the returns received by the Company from the investments shown in the table over time.(4) Substantially all of the Company’s borrowings under the JPMorgan Facility were repaid.

  • 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.

  • 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 re-borrowing approximately $53,000 under the JPMorgan Facility or any replacement 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 borrowing approximately $176,000 in total.

  • The JPMorgan Facility allows for $1.3 billion of maximum borrowings (with amounts borrowed in GBP and EUR converted to USD for purposes of calculating availability based on the greater of the spot rate as of the initial financing under the corresponding mortgage loan and the then-current spot rate) and matures in June 2022 and has two one-year extensions available at our option, which are subject to certain conditions.

  • The JPMorgan Facility enables us to elect to receive advances in USD, GBP, or EUR.

  • 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.

  • Margin calls may occur any time at specified aggregate margin deficit thresholds.As of March 31, 2021, we had $1.1 billion (including £83.1 million and €60.0 million assuming conversion into USD) of borrowings outstanding under the JPMorgan Facility secured by certain of our commercial mortgage loans.


More Definitions of JPMorgan Facility

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.
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.
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.
JPMorgan Facility shall have the meaning set forth in Section 5.1(f).
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.
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.

Related to JPMorgan Facility

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

  • 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.

  • 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.

  • Syndication Date means the earlier of (x) the date which is 90 days after the Initial Borrowing Date and (y) the date upon which the Administrative Agent determines in its sole discretion (and notifies the Borrower) that the primary syndication has been completed.

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

  • 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.