OC Loan Facility definition

OC Loan Facility means any loan or other credit facility entered into by an OC Lender with BCC, which loans or credit facility is secured, either directly or indirectly (among other things) all or a portion of the membership interest in BWF.

Examples of OC Loan Facility in a sentence

  • The Master Trust Administrator shall inform the Trustee, the Servicer and the Noteholders that Shared Collections are no longer available if payment obligations become due and payable under an OC Loan Facility that has been entered into by BCC with an OC Lender (“Shared Collection Suspension Event”).

  • The Master Trust Administrator shall inform the Trustee, the Servicer and the Noteholders in writing within two (2) Business Days after all payment obligations under an OC Loan Facility have been fully paid and the date paid in full.

Related to OC Loan Facility

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

  • 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.

  • 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

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

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.