Unsecured Credit Facility means any unsecured credit facility whether unsecured card or non- card credit facility including joint accounts but excludes any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility excluded under the MAS regulations relating to unsecured credit facilities to individuals.
Unsecured Credit Facility means any fully unsecured or partially secured non- card credit facility.
Unsecured Credit Facility is defined in Section 10.9.
Examples of Unsecured Credit Facility in a sentence
In July 2001, the Company entered into a $150 million Unsecured Credit Facility due 2004 with six banks.
Amounts outstanding under the Unsecured Credit Facility bear interest at LIBOR plus an applicable margin rate.
India's Covid-19 tally had crossed the 20-lakh mark on August 7 last year, 30 lakh on August 23, 40 lakh on September 5 and 50 lakh on September 16.
On the Effective Date, distributions to (i) holders of Allowed Unsecured Note Claims shall be delivered to the Indenture Trustee or, if directed by the Indenture Trustee, will be delivered to the Disbursing Agent for distribution to such holders, and (ii) holders of Allowed Secured Credit Facility Claims and Unsecured Credit Facility Claims shall be delivered to the Administrative Agent or, if directed by the Administrative Agent, will be delivered to the Disbursing Agent for distribution to such holders.
Borrowings under the Unsecured Credit Facility bear interest at a rate equal to the LIBOR rate plus a margin of between 140 to 225 basis points depending upon the Company’s consolidated leverage ratio.
More Definitions of Unsecured Credit Facility
Unsecured Credit Facility means a Citibank Ready Credit Account, Citibank Power Cash Account, or Citibank UltraCash Account (as the case may be) to which Insurance is to apply.
Unsecured Credit Facility. (i) The Credit Agreement, dated as of March 14, 2006, among CapitalSource Inc., as the Borrower, the guarantors listed therein, the lenders listed therein, Wachovia Bank, National Association, as the Administrative Agent, Swingline Lender, and Issuing Lender, Bank of America, N.A., as Issuing Lender, Wachovia Capital Markets, LLC, as Sole Bookrunner and as Lead Arranger, Bank of Montreal, Barclays Bank PLC, and SunTrust Bank, as Co-Documentation Agents, as now or hereafter amended, modified, supplemented, restated or replaced or substituted from time to time in accordance with its terms, and (ii) any other unsecured credit facility entered into by CapitalSource Inc. from time to time following the Closing Date that expressly permits the use of proceeds of advances thereunder to pay obligations outstanding under the Citibank Facilities.
Unsecured Credit Facility. The credit facility represented by the Revolving Credit Agreement, dated as of November 3, 2006, among NorthStar Realty Finance Corp., NorthStar Realty Finance Limited Partnership, NRFC Sub-REIT Corp. and NS Advisors, LLC, as borrowers, the lenders from time to time party thereto, KeyBank National Association, as administrative agent, Keybanc Capital Markets and Bank of America, N.A., as co-lead arrangers, KeyBank Capital Markets, as sole book manager, Bank of America, N.A., as syndication agent, and Citicorp North America, Inc., as documentation agent, as amended, modified, restated, replaced, waived, substituted, supplemented or extended from time to time, together with all other documents executed in connection therewith, as the same are amended, modified, restated, replaced, waived, substituted, supplemented or extended from time to time.
Unsecured Credit Facility means the Credit Agreement of even date herewith between Vesta and Lender pursuant to which Lender has or shall make available to Vesta an unsecured revolving credit facility up to $7,500,000.
Unsecured Credit Facility means the Trust’s $150,000,000 revolving operating loan facility. The Unsecured Credit Facility has a three-year term and matures on April 12, 2020 and bears interest currently at the lender’s prime rate or U.S. base rate plus 70 basis points or at the lender’s banker’s acceptance rate plus 170 basis points. The Unsecured Credit Facility provides for interest rate declines with improved credit rating levels. The Trust has the option to increase the Unsecured Credit Facility up to an additional $100,000,000 for a total facility limit of $250,000,000. “Unsecured Term Loan” means the Trust’s$150,000,000 unsecured term loan facility. The Unsecured Term Loan matures on February 28, 2023 and bears interest at levels consistent with entities carrying an investment grade rating and also provides for interest rate declines with improved credit rating levels.
Unsecured Credit Facility means the credit facility represented by the Revolving Credit Agreement, dated as of November 3, 2006, among NorthStar Realty Finance Corp., NorthStar Realty Finance Limited Partnership, the Pledgor and NS Advisors, LLC, as borrowers, the lenders from time to time party thereto, KeyBank National Association, as administrative agent, Keybanc Capital Markets and Bank of America, N.A., as co–lead arrangers, KeyBank Capital Markets, as sole book manager, Bank of America, N.A., as syndication agent, and Citicorp North America, Inc., as documentation agent, as amended, modified, restated, replaced, waived, substituted, supplemented or extended from time to time, together with all other documents executed in connection therewith, as the same are amended, modified, restated, replaced, waived, substituted, supplemented or extended from time to time.
Unsecured Credit Facility has the meaning specified in Section 4.01(m).