Facility Tenure definition

Facility Tenure means the tenure of the Facility as set out in the Letter of Offer;

Examples of Facility Tenure in a sentence

  • The last Profit Period shall not exceed the expiry of Facility Tenure.

  • The PFX-i shall have a Facility Tenure not exceeding the period stated in the Letter of Offer.

  • The CL-i Facility shall have a Facility Tenure not exceeding the period stated in the Letter of Offer.

  • Each AB-i shall have a Facility Tenure not exceeding the period stated in the Letter of Offer.

  • Each SBLC-i shall have a Facility Tenure not exceeding the period stated in the Letter of Offer.

  • Each bill to be purchased under the DBEP-i Facility shall have a Facility Tenure not exceeding the period stated in the Letter of Offer.

  • Each LC-i shall have a Facility Tenure not exceeding the period stated in the Letter of Offer.

  • The CMTF-i Facility shall have a Facility Tenure not exceeding the period stated in the Letter of Offer.

  • The OFCF-i Facility shall have a Facility Tenure not exceeding the period stated in the Letter of Offer.

  • If there are changes in the BR/BFR at any time during the Facility Tenure resulting in a change in the EPR, the Bank will revise the monthly instalment/payment amount accordingly and such revision in monthly instalment/payment amount will be notified to the Customer(s).