REDRAW FACILITY definition

REDRAW FACILITY means the redraw facility provided by the Redraw Facility Provider under this agreement.

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REDRAW FACILITY means the facility granted pursuant to this agreement.

REDRAW FACILITY means a facility contained in a loan or other form of financial accommodation the repayment of which is secured by a mortgage granted or transferred to the Issuer, which allows the mortgagor under that mortgage to redraw amounts prepaid under that loan; REFERENCE BANK means any one of Commonwealth Bank of Australia, Westpac Banking Corporation, National Australia Bank Limited and Australia and New Zealand Banking Group Limited; REGISTER means the register of Note Holders maintained by the Issuer;

Examples of REDRAW FACILITY in a sentence

• REDRAW FACILITY AGREEMENT [Allens ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LOGO] -------------------------------------------------------------------------------- EXECUTED in Sydney.

• Except where otherwise provided in this agreement any determination, -------------------------------------------------------------------------------- Page 3 ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇ -------------------------------------------------------------------------------- SERIES 1999-1G WST TRUST REDRAW FACILITY AGREEMENT statement or certificate by the Redraw Facility Provider or an Authorised Signatory of the Redraw Facility Provider provided for in this agreement is sufficient evidence unless proven wrong.

• The -------------------------------------------------------------------------------- Page 17 ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇ -------------------------------------------------------------------------------- SERIES 1999-1G WST TRUST REDRAW FACILITY AGREEMENT Trustee submits to the non-exclusive jurisdiction of courts exercising jurisdiction there.

• Without limitation, the Redraw Facility Provider has no obligation -------------------------------------------------------------------------------- Page 4 REDRAW FACILITY AGREEMENT ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇ -------------------------------------------------------------------------------- under this agreement to provide financial accommodation to the Trustee as trustee of any other such Trust.

• WESTPAC SECURITIES ADMINISTRATION LIMITED as trustee of the Series 1997-4E WST Trust By: [Authorised Signatory] DATED ANNEXURE B VERIFICATION CERTIFICATE To: Westpac Banking Corporation REDRAW FACILITY AGREEMENT I [*] am a [director] of Westpac Securities Administration Limited of [*] (the Company).

More Definitions of REDRAW FACILITY

REDRAW FACILITY means a facility contained in a loan or other form of financial accommodation the repayment of which is secured by a mortgage granted or transferred to the Issuer, which allows the mortgagor under that mortgage to redraw amounts prepaid under that loan;

REDRAW FACILITY means, the facility (if any), under which we may allow you to redraw the funds you have repaid on the Loan. Regulatory Compliance means the requirements for us to comply with all applicable Laws, including those relating to consumer credit, money laundering, terrorist financing, bribery, corruption, tax evasion, fraud or similar, and manage all economic and trade sanction risks.

REDRAW FACILITY. ' means the sterling revolving credit facility made between the Issuer and the Redraw Facility Provider.

REDRAW FACILITY means the redraw f acility described in clause 11;

REDRAW FACILITY means, in respect of a Trust, the facility provided in respect of that Trust by the Redraw Facility Provider of that Trust under the Redraw Facility Agreement for that Trust.

REDRAW FACILITY means a facility contained in a loan or other form of financial accommodation the repayment of which is secured by a mortgage granted or transferred to the Issuer, which allows the mortgagor under that mortgage to redraw amounts prepaid under that loan; Reference Bank means any one of Commonwealth Bank of Australia, Westpac Banking Corporation, National Australia Bank Limited and Australia and New Zealand Banking Group Limited;

REDRAW FACILITY means the redraw facility provided by the Redraw Facility Provider under this agreement. REDRAW LIMIT means 0.5% of the sum of the aggregate of the A$ equivalent of the Stated Amounts of the Class A Notes, Class B Notes and Class C Notes (as determined by the Manager and as adjusted by the Manager on each anniversary of this agreement and notified to the Trustee and the Redraw Facility Provider) or any other amount as agreed in writing between the Redraw Facility Provider, the Trustee and the Manager, as reduced or cancelled under this agreement, provided that the Redraw Limit may not be increased unless each Designated Rating Agency has confirmed in writing that the increase would not result in a downgrading of the rating given to any Note or the withdrawal of the rating of any Note.