Unsecured Credit Facility definition

Unsecured Credit Facility means any unsecured credit facility whether unsecured card or non- card credit facility including joint accounts but excludes any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility excluded under the MAS regulations relating to unsecured credit facilities to individuals.

Unsecured Credit Facility means any fully unsecured or partially secured non- card credit facility.

Unsecured Credit Facility is defined in Section 10.9.

Examples of Unsecured Credit Facility in a sentence

• Amounts outstanding under the Unsecured Credit Facility bear interest at LIBOR plus an applicable margin rate.

• The proceeds from the offering were used to repay in full the amount outstanding under the Company's Unsecured Credit Facility due 2006, to repay maturing indebtedness on the Company's 9.49% Senior Notes due 2006, and for general corporate purposes.

• Upon creation of the Litigation Trust, holders of Unsecured Note Claims, Unsecured Credit Facility Claims, and General Unsecured Creditors in Class 4 will become the beneficiaries of the Litigation Trust as their respective interests may appear.

• This amendment was for the purpose of conforming the financial covenants in the Unsecured Term Loan to those in the amendment to the Unsecured Credit Facility.

• The Canadian dollar-denominated borrowings under the Unsecured Credit facility were valued based on Level 3 data which consisted of a one-month Canadian Dollar Offered Rate swap rate coterminous with the maturity of the Unsecured Credit Facility plus a spread consistent with current market conditions.

More Definitions of Unsecured Credit Facility

Unsecured Credit Facility means a Citibank Ready Credit Account, Citibank Power Cash Account, or Citibank UltraCash Account (as the case may be) to which Insurance is to apply.

Unsecured Credit Facility. The credit facility represented by the Revolving Credit Agreement, dated as of November 3, 2006, among NorthStar Realty Finance Corp., NorthStar Realty Finance Limited Partnership, NRFC Sub-REIT Corp. and NS Advisors, LLC, as borrowers, the lenders from time to time party thereto, KeyBank National Association, as administrative agent, Keybanc Capital Markets and Bank of America, N.A., as co-lead arrangers, KeyBank Capital Markets, as sole book manager, Bank of America, N.A., as syndication agent, and Citicorp North America, Inc., as documentation agent, as amended, modified, restated, replaced, waived, substituted, supplemented or extended from time to time, together with all other documents executed in connection therewith, as the same are amended, modified, restated, replaced, waived, substituted, supplemented or extended from time to time.

Unsecured Credit Facility. (i) The Credit Agreement, dated as of March 14, 2006, among CapitalSource Inc., as the Borrower, the guarantors listed therein, the lenders listed therein, Wachovia Bank, National Association, as the Administrative Agent, Swingline Lender, and Issuing Lender, Bank of America, N.A., as Issuing Lender, Wachovia Capital Markets, LLC, as Sole Bookrunner and as Lead Arranger, Bank of Montreal, Barclays Bank PLC, and SunTrust Bank, as Co-Documentation Agents, as now or hereafter amended, modified, supplemented, restated or replaced or substituted from time to time in accordance with its terms, and (ii) any other unsecured credit facility entered into by CapitalSource Inc. from time to time following the Closing Date that expressly permits the use of proceeds of advances thereunder to pay obligations outstanding under the Citibank Facilities.

Unsecured Credit Facility means the Credit Agreement of even date herewith between Vesta and Lender pursuant to which Lender has or shall make available to Vesta an unsecured revolving credit facility up to $7,500,000.

Unsecured Credit Facility means the Trust’s $150,000,000 revolving operating loan facility. The Unsecured Credit Facility has a three-year term and matures on April 12, 2020 and bears interest currently at the lender’s prime rate or U.S. base rate plus 70 basis points or at the lender’s banker’s acceptance rate plus 170 basis points. The Unsecured Credit Facility provides for interest rate declines with improved credit rating levels. The Trust has the option to increase the Unsecured Credit Facility up to an additional $100,000,000 for a total facility limit of $250,000,000. “Unsecured Term Loan” means the Trust’s$150,000,000 unsecured term loan facility. The Unsecured Term Loan matures on February 28, 2023 and bears interest at levels consistent with entities carrying an investment grade rating and also provides for interest rate declines with improved credit rating levels.

Unsecured Credit Facility is defined in the definition of “Material Credit Facility”.

Unsecured Credit Facility means the Unsecured Credit Agreement dated as of August 12, 2011 among the Borrower, the Lender party thereto and Luxor Capital Group, L.P. as Administrative Agent.