RFC Loans definition

RFC Loans as defined in the Funding Agreement.
RFC Loans all loans made by any of RFC and/or the Banks hereunder.

Examples of RFC Loans in a sentence

  • No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the RFC Loans requested to be made on such date.

  • Each of RFC and each Bank represents to the Agent that it has, independently and without reliance upon the Agent or any other Bank, and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Company and made its own decision to make its RFC Loans hereunder and enter into this Agreement.

  • No part of the proceeds of any RFC Loans will be used in any transaction or for any purpose which violates the provisions of Regulations T, U or X as now and from time to time hereafter in effect.

  • In the case of each Loan (other than any Tranche B Revolving Credit Loans resulting from the conversion of RFC Loans to Tranche B Revolving Credit Loans pursuant to subsection 2.1(d)), no Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the Loans requested to be made on such date.

  • The agreements in this subsection shall survive the payment of the RFC Loans and all other amounts payable hereunder.

  • Subject to the provisions of the following sentence, the Company may use the proceeds of the RFC Loans for any lawful general corporate purpose, including acquisitions.

  • Notwithstanding anything to the contrary set forth herein, nothing in this Agreement shall be construed as a commitment by RFC to make RFC Loans to the Company.

  • RFC Loans purchased from RFC by the Banks pursuant to the Liquidity Agreement, may be (i) Eurodollar Loans, (ii) Alternate Base Rate Loans or (iii) a combination thereof, as determined by the Company and notified to the Agent in accordance with subsection 2.6. Eurodollar Loans shall be maintained by each Bank at its Eurodollar Lending Office, and Alternate Base Rate Loans shall be maintained by each Bank at its Domestic Lending Office.

  • During the Facility Period the Company may use the Facility Amount by borrowing, prepaying the RFC Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

  • Notwithstanding anything herein, the aggregate principal amount of outstanding RFC Loans shall not exceed the Facility Amount.


More Definitions of RFC Loans

RFC Loans. The Mortgage Loans transferred and assigned by RFC to MSMC pursuant to the RFC Mortgage Loan Purchase Agreement; which Mortgage Loans were subsequently transferred to the Depositor by MSMC on the Closing Date.
RFC Loans means, collectively, those Mortgage Loans sold to the Depositor pursuant to Mortgage Loan Purchase Agreement III and shown on Schedule III hereto.
RFC Loans. The Mortgage Loans transferred and assigned by RFC to the Depositor pursuant to the RFC Mortgage Loan Purchase Agreement.

Related to RFC Loans

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • New Revolving Loans as defined in Section 2.25.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

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