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.
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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.
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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.