Committed Credit Facility definition

Committed Credit Facility means the applicable committed line of credit facility made available to a Borrower, on behalf of its respective fund series, by the Bank pursuant to a loan agreement dated June 10, 2009, as may be amended, restated, extended, renewed, replaced or otherwise modified and in effect from time to time.
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Committed Credit Facility means credit lines that permit the person to draw funds from companies that are Investment-grade credit issuers.
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Committed Credit Facility any credit facility pursuant to which the lenders parties thereto have committed, subject to the conditions set forth therein, to make loans or extend other credit to the Borrower and/or any Material Subsidiary.
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Examples of Committed Credit Facility in a sentence

  • The aggregate amount of funds the affiliate borrows is guaranteed by an affiliate with a Committed Credit Facility that meets the requirements set forth in subsection (b)(2).

  • Revolving Multicurrency Committed Credit Facility dated 9 December 2011 ..................................................................................................................

  • For more information about the Committed Credit Facility, see section 16.3.2.

  • Without prejudice to the uncommitted nature of the Facility, we will give you 30 Calendar Days notice if we decide to do this.If we agree to make a Committed Credit Facility available we will set out in a Facility Letter the time during which you can draw on the relevant Facility (referred to in the Facility Letter as the “Availability Period”) and any specific conditions to making such a Drawing available.

  • If you cancel our commitment, we will no longer be committed to make further Advances to you under a Committed Credit Facility and you will no longer be charged any commitment commission for that Committed Credit Facility.

  • You can request a Committed Credit Facility in which case we will be committed to make available an agreed amount for an agreed period of time provided you satisfy the conditions set out in the relevant Facility Agreement.

  • Confirmed credit facilities consist of a Revolving Credit Facility of EUR 2.0 billion with a maturity date of November 2025, and a Committed Credit Facility of EUR 1.0 billion with a maturity date of 8 December 2024.

  • In addition, such other fees will be payable as may be notified to you in the relevant Facility Letter (including, in relation to a Committed Credit Facility, any commitment fee).

  • If we ask you to repay an Advance under an Uncommitted Credit Facility otherwise than on the last day of an Interest Period, we will not charge any associated break costs.10.2 You will repay all Advances under a Committed Credit Facility on the applicable repayment date set out in the relevant Facility Letter.10.3 You can repay Drawings under an Overdraft Facility or a Temporary Facility at any time.

  • The rate of interest paid by the Funds when they borrow under the Committed Credit Facility is significantly higher than the rate of interest earned on repurchase agreements entered into by the Funds.


More Definitions of Committed Credit Facility

Committed Credit Facility means a Credit Facility under which we are committed to make available an agreed amount for an agreed period of time provided you satisfy the conditions set out in the Facility Agreement.
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Committed Credit Facility means an undrawn portion of a committed off- balance sheet liability of a bank that can be utilized to finance debt obligations of a customer that mature after the next 30 days, including the undrawn portion of the committed facility of the bank for financing the working capital of the customer.
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Committed Credit Facility is Advances of up to $650,000.
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Committed Credit Facility is the collective Advances of up to $5,000,000.
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Related to Committed Credit Facility

  • New Credit Facility is defined in Section 9.8.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • ABL Credit Facility means the senior secured asset-based revolving loan facility and the term loan facilities made pursuant to the ABL Credit Agreement.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Credit Facility Agent means the then acting Agent as defined in and under the Credit Facility or any successor thereto.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Principal Credit Facility means any loan agreement, credit agreement, note purchase agreement, indenture or similar document under which credit facilities in the aggregate original principal or commitment amount of at least $20,000,000 are provided for.

  • Existing Credit Facility means that certain Credit Agreement, dated as of December 6, 2012, by and among the Borrower, certain Subsidiaries of the Borrower, the lenders party thereto and Bank of America, N.A. as administrative agent, as amended, restated or otherwise modified from time to time prior to the date hereof.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended and restated as of November 12, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Alternate Credit Facility means any irrevocable direct pay letter of credit, insurance policy or similar credit enhancement or support facility for the benefit of the Trustee, the terms of which Alternate Credit Facility shall in all respects material to the registered owners of the Bonds be the same (except for the term set forth in such Alternate Credit Facility) as those of the Letter of Credit.

  • Senior Credit Facilities means, collectively, the Senior ABL Facility and the Senior Term Facility.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • New Credit Agreement means the new credit agreement entered into as of December 23, 2021 in connection with the Closing of the Business Combination, by Fathom OpCo, certain lenders, and JPMorgan Chase Bank, N.A., as administrative agent thereunder.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.