RFC Facility definition

RFC Facility means the Warehousing Credit and Security Agreement, dated as of December 19, 2001, between American Home Mortgage Corp., Marina Mortgage Company, Inc. and Residential Funding Corporation, as may be amended from time to time, and all other documents or agreements executed in connection therewith, or replacement facilities with substantially similar terms (including, but not limited to, amounts and rates) with financial institutions approved by Buyer.
RFC Facility means the First Amended and Restated Warehousing Credit, Term Loan and Security Agreement, dated as of May 30, 2003, among AHMC, CNI, the Lenders party thereto, Residential Funding Corporation, U.S. Bank National Association and Manufacturers and Traders Trust Company.
RFC Facility means the Warehousing Credit and Security Agreement, dated as of February 16, 2001, as may be amended from time to time, between Residential Funding Corporation and Seller, and all other documents or agreements executed in connection therewith.

Examples of RFC Facility in a sentence

  • If the proposed alterations do constitute a significant modification of the Prepetition RFC Facility, the U.S. federal income tax consequences of the resulting deemed exchange would generally depend on whether the Prepetition RCF Facility and the New RCF Exit Facility are treated as “securities” for purposes of the reorganization provisions of the Tax Code.

  • As outlined at the end of 2.3.4, there has recently been a change in focus within research concerned with family engagement, from identifying specific behaviours which define family engagement, to investigating parents’ understanding and experiences of how and why they choose to engage (Barton et al.

  • Seller shall use best efforts to amend the UCC financing statement related to the RFC Facility within 30 days following the Effective Date.


More Definitions of RFC Facility

RFC Facility means that First Amended and Restated Warehousing Credit and Security Agreement, dated as of August 31, 2002, between Residential Funding Corporation and Seller, Oak Street Mortgage, Inc., Oak Street Mortgage of Tennessee LLC, as amended to the date hereof and as the same may be amended from time to time, and all other documents or agreements executed in connection therewith, or replacement facilities with substantially similar terms (including, but not limited to, amounts and rates) with financial institutions approved by Buyer.

Related to RFC Facility

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

  • Public facility means 1 or more of the following:

  • LC Facility means the letter of credit facility established pursuant to Article III.

  • Bank Facility means any credit agreement, including the Existing Credit Agreement, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Borrower as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • 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;

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • Electric Facility means a Generator or an electric transmission facility.

  • 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.

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

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

  • 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.

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

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

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

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • 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.