Wet Warehousing definition

Wet Warehousing means lending to finance Wet Loans.
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Wet Warehousing means lending to finance Bridged Loans.
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Wet Warehousing prefaces "Borrowing", then it means a Borrowing under the Wet Warehousing Sublimit.
Sample 1

Examples of Wet Warehousing in a sentence

  • If a Request for Borrowing is received by JPMorgan later than 3:00 PM (4:00 PM if it requests only a Wet Warehousing Advance and is Electronically Submitted) on a Business Day, JPMorgan shall either, at its election, (i) fund the Advance requested by making a Swing Line Loan either on that same day or, at JPMorgan’s election, on the next Business Day, or (ii) arrange for its funding on the next Business Day as a regular Advance.

  • She noted that it reads as though account 70750 is overbudget due to the timing of when the money was spent, but the account is not overbudget.

  • If the requirements of Sections 3.7 and 4.3 are satisfied and a Request for Borrowing is received on a Business Day after 12:00 noon (1:00 PM if it requests only a Wet Warehousing Advance and is Electronically Submitted) but before 3:00 PM (4:00 PM if it requests only a Wet Warehousing Advance and is Electronically Submitted), JPMorgan shall fund the Advance requested by making a Swing Line Advance on that same day.

  • Regulations are issued by the California Department of Tax and Fee Administration to implement, interpret or make specific provisions of the California Sales and Use Tax Law and to aid in the administration and enforcement of that law.

  • The principal amount of each Wet Warehousing Loan shall be due and payable without grace, notice or demand on the fifth Business Day next following the Business Day on which it is funded or at such earlier date as is required to prevent the balance of outstanding Wet Warehousing Loans from at any time exceeding the Wet Warehousing Sublimit.

  • The National Development Strategy (NDS) launched in September 2011 will form the basis for a comprehensive poverty reduction and growth strategy over the next few years.

  • A separate Request for Advance shall be made for each Borrowing, which, when appropriately completed and with appropriate schedules attached, may include requests for regular Advances under one or both Sublines and/or Wet Warehousing Advances.

  • There are no responses received from the Wet Warehousing subcategory.

  • If a Request for Borrowing is received before 3:00 PM1 (Central time, as stated in SECTION 1.4(c)) -- 4:00 PM(1) for any Request for Borrowing that requests only a Wet Warehousing Advance and is Electronically Submitted -- on a Business Day and fully qualifies in all respects for funding as an regular Advance by the Lenders (including satisfying any applicable requirement of SECTION 3.3), it shall be funded as a regular Advance on that same Business Day.

  • Single-family Warehouse Advance (Dry) $_____________ Wet Warehousing Advance $_____________ Total Borrowing $_____________ After giving effect as required by the Credit Agreement to the requested Advance, the Borrowing Base will equal or exceed the outstanding principal balance of the Loan and such balance will not exceed the Aggregate Committed Sum.


More Definitions of Wet Warehousing

Wet Warehousing prefaces “Advance”, then it means an Advance under the Wet Warehousing Sublimit.
Sample 1

Related to Wet Warehousing

  • Facility means the entire operation located on the property where the Equipment is located;

  • Tube housing assembly means the tube housing with tube installed. It includes high-voltage and/or filament transformers and other appropriate elements when such are contained within the tube housing.

  • Clean coal SNG facility means a facility that uses a

  • Cannabis cultivation facility means a person that:

  • Aquaculture facility means the same as that term is defined in Section 4-37-103.

  • Clean coal facility means an electric generating

  • Cannabis processing facility means a person that:

  • Marijuana cultivation facility means an entity licensed to cultivate, prepare, and package marijuana and sell marijuana to retail marijuana stores, to marijuana product manufacturing facilities, and to other marijuana cultivation facilities, but not to consumers.

  • Grain ’ means wheat, corn, flaxseed, grain sorghum, barley, oats, rye, soybeans, other dry edible beans, or rice;

  • Motorized Vehicle means a passenger car, station wagon, van, jeep-type automobile, truck, ambulance or any type of motorized vehicle used by municipal, provincial or federal police forces.

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Recycling Facility means equipment used by a trade or business solely for recycling:

  • Load Shedding means the systematic reduction of system demand by temporarily decreasing load in response to transmission system or area capacity shortages, system instability, or voltage control considerations under Tariff, Part II or Part III.

  • Authorized Facilities means the public facilities authorized to be financed, in whole or in part, by the CFD.

  • Marihuana facility means a location at which a licensee is licensed to operate under the medical marihuana facilities licensing act.

  • Railroad facilities means right of way and related

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Marijuana processor means a person who processes marijuana items in this state.

  • Cultivation means any activity involving the planting, growing, harvesting, drying, curing, grading, or trimming of cannabis.

  • Facilities means the Plant and Equipment to be supplied and installed, as well as all the Installation Services to be carried out by the Contractor under the Contract.

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

  • 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.

  • Storage Facility means a facility used for the stocking of natural gas and owned and/or operated by a natural gas undertaking, including the part of LNG facilities used for storage but excluding the portion used for production operations, and excluding facilities reserved exclusively for transmission system operators in carrying out their functions;

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • Installation means that the System or a Subsystem as specified in the Contract is ready for Commissioning as provided in GCC Clause 26 (Installation).