Operating Loans. In addition to Loans for the purchase of CCF Eligible Assets, the Borrower may by agreement with the Lender in the Lender’s sole discretion obtain under either Primary Market Facility or Secondary Market Facility one or more other loans under this Agreement for temporary liquidity with respect to the timing of receipts of expected Interest Proceeds (a “PMCCF Operating Loan” or “SMCCF Operating Loan” respectively; and either an “Operating Loan”). Any such Operating Loan shall be funded to the PMCCF Cash Reinvestment Sub-Account, in the case of a PMCCF Operating Loan, or the SMCCF Cash Reinvestment Sub-Account, in the case of a SMCCF Operating Loan.
Appears in 3 contracts
Sources: Credit Agreement, Credit Agreement, Credit Agreement