Examples of CP Facility in a sentence
As of the Restatement Effective Date, the Borrower has heretofore delivered (to the extent not otherwise publicly filed with the Securities and Exchange Commission) to each of the Lenders true and complete copies of each of the Affiliate Agreements (including any amendments, supplements or waivers executed and delivered thereunder and, except in the case of the CP Facility Documents and the JB Facility Documents, any schedules and exhibits thereto).
As of the Restatement Effective Date, the Borrower has heretofore delivered to each of the Lenders true and complete copies of each of the Affiliate Agreements (including any amendments, supplements or waivers executed and delivered thereunder and, except in the case of the CP Facility Documents, any schedules and exhibits thereto).
The CP Facility Agent and the CP Lenders desire that the Collateral Agent establish and maintain a deposit account (the "Collection Account") for the benefit of the CP Lenders under the CP Facility.
Section 6.07(c) of the Credit Agreement is amended by inserting the clause "and except by the Company to CH Funding, LLC under the CP Facility Documents" immediately prior to the period at the end thereof.
The conditions set forth in Article V of the CP Facility shall have been satisfied.
In order to finance its purchases of Mortgage Assets from PMC, PFI has entered into a Restated and Amended Loan Agreement (the "Loan Agreement") with the CP Facility Agent, PMC, as Servicer, the CP Lenders named in such Loan Agreement, and certain other parties named therein.
The Administrative Agent shall have received a termination letter, in form and substance satisfactory to the Administrative Agent, dated the Date of Issuance, confirming that all obligations of the Borrower under the Existing CP Facility shall have been satisfied in full or will be satisfied in full concurrently with the effectiveness of this Agreement and that the Existing CP Facility shall have been terminated or will be terminated concurrently with the effectiveness of this Agreement.
To the extent not previously reduced pursuant to paragraph (a) above, to or below the following amount, the Aggregate Commitment shall be automatically and permanently reduced at the time of (i) any borrowing under any New CP Facility, by the amount of the related payment required by Section 8.11(d) hereof, and (ii) the occurrence of any Commitment Excess, by the amount equal to an integral multiple of $500,000 necessary to reduce the Commitment Excess to an amount equal to or less than $25,000,000.
Other than as described in the preceding sentence and notwithstanding any other provision of this Agreement, the Collateral Agent shall have no right to take any action in respect of the funds on deposit from time to time in the Cash and Collateral Account other than as authorized by the Warehouse Facility Agent or the CP Facility Agent pursuant to the terms of this Agreement.
Loans comprising any Borrowing shall be in an aggregate principal amount that is (i) an integral multiple of the Dollar Equivalent of R$5,000,000 and not less than the Dollar Equivalent of R$5,000,000 (in each case when added to the amount of the corresponding borrowing under the CP Facility) or (ii) equal to the remaining aggregate US Dollar Unfunded Portion of all Lender Groups.