RFA Facility definition

RFA Facility means that certain defaulted loan receivables facility made by Resort Finance America, LLC to Borrower pursuant to that certain Inventory Loan and Security Agreement dated as of May 21, 2012, by and between RFA PMR Loanco, LLC and Borrower, as in effect on the Closing Date without giving effect to any subsequent amendment or modification of such facility, unless such amendment or modification is approved by the Administrative Agent in writing.
Sample 1
RFA Facility means that certain receivables finance loan made by Resort Finance America, LLC to Mystic Dunes Receivables, LLC, a wholly-owned indirect subsidiary of Borrower pursuant to that certain Loan and Security Agreement dated as of June 30, 2011, among, inter alia, Resort Finance America, LLC and Mystic Dunes Receivables, LLC.
Sample 1

Examples of RFA Facility in a sentence

  • The Restricted Cash Account shall at all times be under the “control” (as defined in the UCC) of the agent or lender under the RFA Facility.

Related to RFA Facility

  • 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;

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

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

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

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

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

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

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

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

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Repair facility Means any licensed automotive REPAIR FACILITY capable of performing repair services to a COVERED PART, approved by the ADMINISTRATOR, and at which YOU seek to acquire service under this CONTRACT.

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.