Repurchase Facility definition

Repurchase Facility means any repurchase agreement or equivalent facility of the Company or any of its Subsidiaries that does not constitute Non-Recourse Indebtedness.

Repurchase Facility means the 364-day uncommitted $90.0 million structured repurchase facility entered into on September 6, 2018, as amended and restated on July 19, 2019, by and among the Parent, Outfront Media LLC, Outfront Media Outernet Inc., the originators party thereto and MUFG Bank, Ltd, as may be amended, supplemented, modified, extended, renewed, restated, refunded, refinanced or replaced from time to time.

Repurchase Facility means the 364-day uncommitted structured repurchase facility entered into on September 6, 2018, as amended and restated on June 18, 2020, by and among the Parent, Outfront Media LLC, Outfront Media Outernet Inc., the originators party thereto and MUFG Bank, Ltd, as may be amended, supplemented, modified, extended, renewed, restated, refunded, refinanced or replaced from time to time.

Examples of Repurchase Facility in a sentence

• On October 30, 2020, we amended our Master Repurchase Agreement to, among other things, provide that at such time as LIBOR is no longer available as a base rate to calculate interest payable on amounts outstanding under our Master Repurchase Facility, the replacement base rate shall be the secured overnight financing rate, or SOFR, or if SOFR is not available, such other rate as may be determined by Citibank, N.A. in accordance with the terms of our Master Repurchase Agreement.

• This Agreement, as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance with the terms hereof, shall constitute the “Committed Master Repurchase Facility” for all purposes of the Gestation Repurchase Facility.

• We do not currently have a LIBOR floor provision relating to any of the outstanding balances under our Master Repurchase Facility and as a result our interest expense will increase as LIBOR increases and will decrease as LIBOR decreases.

• Avg Coupon* Advance Rate Non- MTM* Repurchase Facilities(13) $1,898 $1,160 L/S + 2.33% 67.6% Non–MTM* Repurchase Facility $100 $36 S + 5.00% 32.5% CLO-2 (GPMT 2019-FL2) (14) $167 L + 2.45% 49.4% CLO-3 (GPMT 2021-FL3) (14) $558 L + 1.71% 80.2% CLO-4 (GPMT 2021-FL4) (14) $503 L + 1.68% 80.9% Asset-Specific Financing $150 $45 L + 1.70% 77.5% Convertible Notes due Dec.

• Even when our investments and borrowings are match funded, the income from our investments may respond more slowly to interest rate fluctuations than the cost of our borrowings.·Amounts outstanding under our Master Repurchase Facility require interest to be paid at floating interest rates.

More Definitions of Repurchase Facility

Repurchase Facility means the revolving mortgage loan repurchase facility provided to the Seller by the Buyer pursuant to this Agreement.

Repurchase Facility or "REPO FACILITY" shall mean facility provided by a third party under which Borrower may purchase and originate Mortgage Loans pursuant to a written agreement with such third party defining Borrower's requirement to sell such Mortgage Loans to such third party and ultimately repurchase such Mortgage Loans from such third party at a later date.

Repurchase Facility means that repurchase facility created (a) pursuant to the Amended and Restated Master Repurchase Agreement, dated February 4, 1998 and (b) the Master Repurchase Agreement, dated October 15, 1992, each between Lender and Green Tree Finance Corp. -- Five, as the same may be amended, supplemented or otherwise modified from time to time.

Repurchase Facility. The repurchase facility under the Repurchase Facility Documents.

Repurchase Facility means that certain facility evidenced by, among other agreements, the Third Amended and Restated Master Repurchase Agreement, dated as of October 13, 2006, by and among Gramercy Warehouse Funding I LLC, GKK Trading Warehouse I LLC and GKK 450 LEX LLC, as the sellers, Wachovia Bank, National Association, as the agent, and Wachovia Capital Markets, LLC, as sole lead arranger, as such agreements are amended, modified, restated, replaced, waived, substituted, supplemented or extended from time to time.

Repurchase Facility means the Master Repurchase Agreement (including Annex I--Supplemental Terms and Conditions attached thereto), dated as of June 25, 1999, between Deutsche Bank AG, New York Branch and Delaware Securities Holdings, Inc.

Repurchase Facility. A loan or repurchase facility that is secured by any of the instruments (an “Underlying Asset”) set forth in the definition of Loan or a Participation Interest therein.