Unsecured Facility means the unsecured revolving credit facility described and defined in Section 2.01(b).
Unsecured Facility has the meaning given to the term “Facility” (or equivalent) in any Unsecured Facilities Agreement.
Unsecured Facility means a facility that is kept, used, maintained, advertised, or held out to the public as an Alzheimer's, dementia, or special memory care facility without restricting devices to restrict residents from freely exiting the building.
Examples of Unsecured Facility in a sentence
The 2000 Unsecured Facility matures in June 2003, with an extension option of one year, which would require a payment of 25 basis points of the then borrowing capacity of the credit line upon exercise.
The 2000 Unsecured Facility also requires a 20 basis point facility fee on the current borrowing capacity payable quarterly in arrears.
Net proceeds from the offering were used to repay all of the borrowings under the Unsecured Facility and for working capital.
The 1998 Unsecured Facility also requires a 17.5 basis point fee on the unused balance payable quarterly in arrears.
The total outstanding borrowings were from the 2000 Unsecured Facility, with no outstanding borrowings under the Prudential Facility.
More Definitions of Unsecured Facility
Unsecured Facility means the Facility under which the portion of the Credit described in subsection 2.1.2 is available.
Unsecured Facility means the unsecured credit facility entered into on December 20, 2018 by the Corporation, as described under “INDEBTEDNESS – Credit Facilities.”
Unsecured Facility means that certain $1,200,000,000 revolving credit facility pursuant to the Unsecured Credit Agreement, as the same may be modified, increased, amended or restated from time to time.
Unsecured Facility. A corporate or other similar unsecured facility obtained by the Guarantor.
Unsecured Facility means one or more credit facilities made available to the Issuer or any other Group Company for the purpose of financing the general corporate and working capital purposes of the Group, provided that the total principal amount outstanding under all such Unsecured Facilities may not at any time exceed EUR 15,000,000 (or its equivalent in other currencies) in aggregate for the Group.
Unsecured Facility means the senior unsecured revolving credit facility evidenced by the credit agreement, dated as of the date hereof, by and among the Credit Parties, the Lenders named therein, and Wachovia, as administrative agent.