RTFC definition

RTFC means Rural Telephone Finance Cooperative, a District of Columbia cooperative association.

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RTFC means Rural Telephone Finance Cooperative.

RTFC means Rural Telephone Finance Cooperative or any affiliate or assignee thereof.

Examples of RTFC in a sentence

• The Borrower shall give Lender such prior notice of requests for Advances as RTFC may reasonably require from time to time.

• If any representation or warranty herein shall become untrue, or Borrower shall fail to comply with any term of this Agreement or if the financial condition of Borrower shall have changed to the extent that such change in the reasonable judgment of RTFC, materially increases RTFC's risk hereunder, then RTFC at its discretion may withhold advances of funds and/or declare all outstanding amounts hereunder immediately due and payable in full with accrued interest, without presentment or demand.

• Interest shall be due and payable quarterly on the first day of each January, April, July and October, commencing on the first such date after such initial Advance; except that if RTFC gives notice thereof to the Applicant before the first day of any month, interest shall thereafter be due and payable on the 15th day of such month and each month thereafter.

• RTFC shall invoice the Applicant at least five days prior to the due date of any such interest payment.

• ICC and its subsidiaries are hereby defined as the “ICC Companies.” As of August 31, 2008, RTFC had $484 million in loans outstanding to ICC, and all such ICC loans have been on non-accrual status since February 1, 2005.

More Definitions of RTFC

RTFC. For purpose of this Addendum, "RTFC" means Rural Telephone Finance Cooperative.

RTFC or "Lender"), a South Dakota cooperative association, pursuant to the terms of this Agreement, dated as of September 29, 1999, for a revolving line of credit loan in an amount not to exceed ten million dollars ($10,000,000). In consideration of their mutual premises hereunder and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Lender and Borrower agree to the following terms and conditions:

RTFC means Rural Telephone Finance Cooperative, a District of Columbia cooperative association. “Rural Utilities Service” shall mean the Rural Utilities Service Agency of the U.S. Department of Agriculture. “S&P” shall mean Standard & Poor’s Ratings Service, or any successor thereto.

RTFC or "Lender"). Capitalized terms used but not defined herein are defined in the Loan Agreement. Pursuant to the Loan Agreement, the undersigned hereby requests an Advance in the amount of $____________ under the Loan, of which 5% (rounded to the nearest dollar) or $_________ is to be used for payment of RTFC Subordinated Capital Certificates.

RTFC has the meaning set forth in SECTION 3.5 (B) of this Agreement.

RTFC has the meaning specified in the Preliminary Statements.

RTFC means the Rural Telephone Finance Cooperative. ----