RTFC Certificates definition
Examples of RTFC Certificates in a sentence
RTFC Certificates shall bear no interest, be non- amortizing, shall mature and be redeemed in full on the date RTFC, and any Eligible Assignee of RTFC, is repaid in full for all amounts due under this Agreement, including all principal, interest, fees and any other amounts due to RTFC, or any Eligible Assignee, with respect to any Borrowings, and the Borrower has no further right to any RTFC Advance under this Credit Agreement.
On the date of any Tranche C Term Advance by ------------------------ RTFC, the Borrower shall purchase from RTFC, with the Borrower's general funds, RTFC Certificates in the principal amount of ten percent (10%) of any such Tranche C Term Advance.
This Section 2.17(d) shall not be applicable to any setoff by RTFC of amounts owed by it under the RTFC Certificates.