Dollar Facility definition

Dollar Facility shall have the meaning set forth in the definition of “Facility”.
Dollar Facility. Collectively, the Loan Documents, as such term is defined in the Amended and Restated Credit Agreement dated as of September 11, 1997, among Finlay, the Parent, the Dollar Agent and the Lenders (as defined therein) as such facility has been or may be amended, restated or otherwise modified or as such facility may be replaced, increased, renewed, supplemented, refunded or refinanced by another facility on terms substantially similar to the current facility, provided that such Dollar Facility shall be subject at all times to the terms and provisions of the Intercreditor Agreement.
Dollar Facility. Intercreditor Agreement", "Maturity Date", "Maximum Drawing Amount" and "Security Documents" and replacing them with the following:

Examples of Dollar Facility in a sentence

  • Short-term EFCDU loans to exporters in the form of export packing credits, whether rediscounted or not under BSP’s Export Dollar Facility, up to the extent guaranteed by Trade and Investment Development Corporation of the Philippines (TIDCORP) or Small Business Guarantee and Finance Corporation (SBGFC): Provided, That these credits are not overdue.

  • UsPlus is also obliged to procure that all payments received in respect of those invoices are paid into defined collection accounts of UsPlus (currently held with Investec Bank Limited and First National Bank, a division of FirstRand Bank Limited), the rights to which collections accounts are also ceded in security under the terms and conditions of the Dollar Facility.

  • A detailed monthly register of the invoices or contracts ceded as security for the Dollar Facility is extracted directly from UsPlus transaction data.

  • All Dollar Facility Letters of Credit shall be denominated in Dollars and shall be issued for the account of the U.S. Borrower or the Bermuda Borrower.

  • Each Dollar Facility Letter of Credit shall constitute either a U.S. Borrower Dollar Facility Letter of Credit or a Bermuda Borrower Dollar Facility Letter of Credit.


More Definitions of Dollar Facility

Dollar Facility. The Dollar Banks' commitments to make Dollar Facility Loans and the Dollar Agent's agreement to issue, extend and renew Letters of Credit.
Dollar Facility means the Dollar Secured Facility or the Dollar Unsecured Facility.
Dollar Facility. Dollar Facility Loans", "Eurodollar Rate Loans", "FNBB", "Loans", "Majority Banks", "Notes", "Total Commitment" and "Type" to read in their respective entireties as follows:
Dollar Facility contained in Section 1 of the Consignment Agreement in its entirety and substituting in lieu thereof the following new definition:
Dollar Facility means the loan in US Dollars equal to Pound Sterling350,000 provided to the Borrower by the Bank pursuant to a facility letter of even date to this letter.
Dollar Facility shall have the meaning assigned to that term in the preamble to this Agreement.