Pre-Payment Facility definition

Pre-Payment Facility means the facility provided under clause 4.3.
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Examples of Pre-Payment Facility in a sentence

  • The Pre-Payment Facility is a single credit contract in respect of the Pre-Payment Amount and covering all Drawdowns.

  • Interest accrues daily from (and including) the Drawdown Date to (but excluding) the date on which the Pre-Payment Facility is fully repaid and shall be calculated on the Supplier's daily balance of the Pre-Payment Facility.

  • The Supplier applies for and CBH Grain agrees to make available for the benefit of the Supplier, a Pre-Payment Facility of up to the Pre-Payment Amount on the terms of this clause 4.

  • Accrued but unpaid interest will be added to the Pre-Payment Facility on the last Business Day of each month.

  • Accrued but unpaid interest shall be capitalised and added to the Pre-Payment Facility on the last Business Day of each month.

  • Accrued but unpaid Line Fee will be added to the Pre-Payment Facility on the last Business Day of each month.

  • The Supplier applies for and CBH Grain agrees to make available to the Supplier, a Pre-Payment Facility of up to the Pre-Payment Amount on the terms of this clause 4.