Relevant Credit Facility definition

Relevant Credit Facility means any of the following types of credit facilities:
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Relevant Credit Facility means any of the following types of credit facilities: (i) a credit facility for the purchase of Property (“Mortgage Loan”);
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Relevant Credit Facility means any of the following types of credit facilities: (i) a credit facility for the purchase of Property (“Mortgage Loan”); (ii) a facility to re-finance a Mortgage Loan; (iii) a credit facility otherwise secured by Property (“Equity Loan”); (iv) a facility to re- finance an Equity Loan; (v) a secured revolving credit facility, (vi) an unsecured revolving credit facility; (vii) any other credit facility, including motor vehicles loans, share financing loans and Bridging Loans (except Bridging Loans with a tenure of six months or less); and, (viii) any hire- purchase arrangement set out in a hire-purchase agreement
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Examples of Relevant Credit Facility in a sentence

  • The Relevant Borrower shall select Interest Periods for Libor Loans so that there are no more than seven (7) separate Interest Periods in respect of Libor Loans outstanding at any time under any Relevant Credit Facility.

  • Unless such Affected Lender is replaced pursuant to Subsection 17.11.10, each Relevant Total Commitment shall reduce by the amount of the reduction in such Affected Lender’s Commitment under each Relevant Credit Facility.

  • Subject to the next sentence, the Relevant Borrower shall have the right at any time and from time to time to repay all or any portion of each Loan and each issue of Acceptances made to it under each Relevant Credit Facility which (a) in the case of an issue of Acceptances must be made on its current Period End Date or (b) in the case of a Libor Loan must be accompanied by any applicable losses and expenses payable under Subsection 17.2.1 if not paid on its current Period End Date.

  • Each Advance under each Relevant Credit Facility voluntarily repaid shall not affect the amount of the Relevant Total Commitment.

  • Unless the Relevant Agent otherwise agrees, the Relevant Lender that is the Relevant Swing Line Lender shall be the Issuing Bank for all Standby Instruments under the Relevant Credit Facility.

  • The final payment of each of these Standby Fees will be made on the Maturity Date or any earlier date of termination of the Relevant Credit Facility.


More Definitions of Relevant Credit Facility

Relevant Credit Facility means a Relevant Revolving Facility or Relevant Swing Line, as the context requires.
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