Examples of Warehouse Facility Provider in a sentence
The obligations of the Warehouse Facility Provider do not significantly extend beyond the salient features of the Warehouse Facility as disclosed in the Programme Memorandum and the Warehouse Facility Provider will not support the Securitisation Scheme established by this Programme Memorandum beyond such obligations.
The Issuer may enter into the Warehouse Facility Agreement with the Warehouse Facility Provider.
The Issuer shall have no recourse to the Warehouse Facility Provider as lender under the Warehouse Facility Agreement beyond the fixed contractual obligations provided for in the Warehouse Facility Agreement.
The Warehouse Facility is revocable at any time by the Warehouse Facility Provider and is conditional in accordance with the terms of the Warehouse Facility Agreement.
A Noteholder in relation to a Trust shall only be a creditor of the Trustee in its capacity as trustee of that Trust to the extent of the Notes held by that Noteholder (or, in the case of a Warehouse Facility Provider, their rights under the relevant Warehouse Facility Agreement) and shall not be entitled to any beneficial or, subject to any applicable Security Trust Deed, other interest in any Trust.
The Warehouse Facility Provider may provide the Warehouse Facility to temporarily fund the purchase of Participating Assets from time to time.
The increase of the Warehouse Facility Limit and a subsequent advance by the Warehouse Facility Provider under the Warehouse Facility to fund the redemption of Notes as aforementioned, shall be in the sole discretion of the Warehouse Facility Provider and subject to the Warehouse Facility Provider's internal credit approval process and the terms and conditions of the Warehouse Facility Agreement.
A Noteholder in relation to the Trust shall only be a creditor of the Trustee in its capacity as trustee of that Trust to the extent of the Notes held by that Noteholder (or, in the case of a Warehouse Facility Provider, their rights under the relevant Warehouse Facility Agreement) and shall not be entitled to any beneficial or, subject to the Security Trust Deed, other interest in the Trust.
In the event of a further issue of Notes after the Initial Issue Date together with a further purchase of Additional Commercial Property Loans, the Issuer will be entitled, but not obliged, to request the Warehouse Facility Provider to make a new Warehouse Facility available under the Warehouse Facility Agreement.
The Warehouse Deed and all financing arrangements with the Warehouse Facility Provider must be terminated in all respects on the Issue Date, and all amounts owing to the Warehouse Facility Provider in connection with such arrangements must be repaid by the Issue Date from the proceeds of the issuance of the Notes.The prices paid for such Collateral Debt Securities may be greater or less than the market value thereof on the Issue Date.