JPM Facility definition

JPM Facility means the Credit Agreement, dated as of April 9, 2015, by and among the Company, the other loan parties thereto, the lender parties thereto and JPMorgan Chase Bank, N.A.
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JPM Facility means the amended and restated credit agreement dated on or around the date hereof among the Borrower, various financial institutions, U.S. Bank National Association and Bank of America, N.A., as syndication agents and JPMorgan Chase Bank, N.A. (or any successor) as administrative agent.
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JPM Facility means the Credit Agreement dated as of December 14, 2005 as amended and supplemented among Xxxxxx Publishing, Xxxxxx Communications, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent.
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Examples of JPM Facility in a sentence

  • The Company is currently projecting that it will not be able to maintain compliance with its financial covenants (fixed charge coverage ratio and leverage ratio) for the quarter ended June 30, 2020, as well as in future periods, in relation to both the JPM Facility and Ares Term Loan agreements.

  • The JPM Facility is secured by equity pledges in VB Three, LLC and its wholly owned subsidiaries and bears interest at a variable rate equal to one-month LIBOR plus 2.75%.

  • The JPM Facility is interest-only and matures and is due in full on March 1, 2023.

  • Our borrowings under the Ares Term Loan and JPM Facility expose us to market risk related to changes in interest rates.

  • On March 10, 2022, the Company entered into Amendment No. 1 to the JPM Facility, wherein each advance under the JPM Facility will bear interest at a daily Secured Overnight Financing Rate (“daily SOFR”) plus 2.85%.

  • The repurchase price paid by Race Street to JPM for each repurchase of the Class A Notes will be equal to the purchase price paid by JPM for such Class A Notes, plus interest thereon accrued at the applicable pricing rate under the JPM Facility, as described below.During the 180-day period following the initial transaction under the JPM Facility, Race Street intends to enter into additional repurchase transactions thereunder with respect to an additional $357,000 in principal amount of Class A Notes.

  • As of March 31, 2022, the outstanding balance of the JPM Facility was $290.0 million and had $210.0 million of available capacity.On January 13, 2022, in connection with the acquisition of a 98-home portfolio, the OP (as guarantor) assumed an approximately$4.6 million Freddie Mac mortgage loan (the “Hatchway Broadmoor Mortgage”) with Arbor Agency Lending, LLC as a result of the OP’s acquisition of Hatchway Broadmoor, LLC.

  • On March 10, 2022, the Company entered into Amendment No. 1 to the JPM Facility, wherein each advance under the JPM Facility will bear interest at a daily SOFR plus 2.85%.

  • The interest rates on amounts drawn under the JPM Facility were determined with reference to the benchmark interest rate promulgated by PBOC at the time when the JPM Facility was entered into.

  • Borrowings under the Revolving Credit Agreement will accrue interest at a rate equal to one-month LIBOR plus a spread of 0.75% per annum.Pricing under the JPM Facility is based on three-month LIBOR plus a spread of 3.25% per annum for the relevant period.


More Definitions of JPM Facility

JPM Facility means the revolving credit facility in the amount of USD 1,700,000,000 provided pursuant to a facility agreement between The Scotts Miracle-Gro Company Inc., as borrower, and XX Xxxxxx, as lender, dated 29 October 2015;
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JPM Facility means the revolving credit facility in the amount of USD 1,700,000,000 provided pursuant to a facility agreement between The Scotts Miracle-Gro Company Inc., as borrower, and XX Xxxxxx, as lender, dated 29 October 2015; “Key Worker” means (i) any Senior Manager; or (ii) any Worker whose total gross annual salary exceeds EUR 150,000 (or its equivalent in applicable local currency); “Leased Properties” means the leased land and premises currently used or occupied by the Group for the purposes of the Business, certain details of which are set out in Part 2 of Schedule 6 (Properties); “Liabilities” means all liabilities, duties and obligations of every description, whether deriving from contract, common law, statute or otherwise, whether present or future, actual or contingent or ascertained or unascertained and whether owed or incurred severally or jointly or as principal or surety; “Licences” means permits, licences, certificates or other authorisations or consents of an Authority, including Environmental Permits; “Licensed International Intellectual Property” means:
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JPM Facility means the loan agreement, by and between the Company and JPMorgan Chase Bank, N.A. (“JPM”), dated as of August 22, 2016, as amended by the First Amendment to the Credit Agreement, dated as of May 4, 2017, and as further amended by the Second Amendment to the Credit Agreement, dated as of May 15, 2018.
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JPM Facility means the credit agreement entered into on 31 January, 2003 between amongst others, Holdings, Viasystems and JPMorgan Chase Bank, as amended from time to time.
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Related to JPM Facility

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Term Facilities means the Term A Facility and the Term B Facility.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • 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.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • 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

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

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

  • New Credit Facility is defined in Section 9.8.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Facility means the entire operation located on the property where the Equipment is located;

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.