Xxxxxxx Xxxxx Facility definition

Xxxxxxx Xxxxx Facility means the financing transaction to close on or about the Amendment No. 8 Effective Date, pursuant to which the SPV will from time to time borrow money from Xxxxxxx Xxxxx and the SPV will from time to time use the proceeds to purchase Medallion Loans from the Borrower.

Xxxxxxx Xxxxx Facility means the facility (in an aggregate amount not to exceed $300,000,000) provided for in the Master Repurchase Agreement, as amended, to be executed by Borrower and Xxxxxxx Xxxxx Mortgage Capital Inc. after the date of the Fourteenth Amendment to Warehousing Credit, Term Loan and Security Agreement.

Xxxxxxx Xxxxx Facility means that Master Repurchase Agreement, dated as of February 14, 2005, between Seller and Xxxxxxx Xxxxx Bank USA, as may be amended from time to time, and all other documents or agreements executed in connection therewith, or replacement facilities with substantially similar terms (including, but not limited to, amounts and rates) with financial institutions approved by Buyer.

Examples of Xxxxxxx Xxxxx Facility in a sentence

• Developer Contribution (Note 1) $ 121,802,613 Xxxxxxx Xxxxx Facility (Note 2) 378,197,387 Total $ 500,000,000 Note 1—Developer Contribution The Developer’s contribution consists of $21,802,613 of net equity in the existing Casino which will be incorporated into the Casino Complex, and a cash contribution of $100,000,000.

• Any shortfall will be provided through additional borrowings under the Xxxxxxx Xxxxx Facility.

• It is estimated that these facilities will be subject to indebtedness of approximately $106,000,000 which will be refinanced through the Xxxxxxx Xxxxx Facility, which leaves a net contribution of $21,802,613.

• Section 8.2(e) of the Loan Agreement is hereby amended by inserting the words "including unsecured liabilities (other than Indebtedness for money borrowed or that is evidenced by bonds, debentures, notes or other similar instruments) of the Borrower in favor of the SPV incurred in connection with the Xxxxxxx Xxxxx Facility" immediately before the semicolon at the end of such section.

• Except as modified by this Amendment No. 1 all provisions of the Contract remain in full force and effect.

• On or before October 15, 2002, the Company shall cause all fees and expenses incurred by the Company on behalf of the Parent or any Affiliate in connection with the negotiation and preparation of this Amendment, the amendments required by Sections 34(a)(iv) and (v) hereof or the Xxxxxxx Xxxxx Facility, to be paid by the Parent or such Affiliate, as the case may be, in accordance with the Company's existing method of allocation.

• Upon payment of all amounts outstanding under the Xxxxxxx Xxxxx Facility and release of all liens granted in connection therewith, the security interests granted and reaffirmed by this Security Agreement constitute first priority security interests in the Collateral, which will be perfected, to the extent perfection of any portion of the Collateral may occur by filing, upon the filing by the Secured Party of the appropriate financing statements.

• Concurrently herewith, the parties to the Xxxxxxx Xxxxx Loan Agreement have executed and delivered an amendment to the Xxxxxxx Xxxxx Loan Agreement (the “Xxxxxxx Xxxxx Amendment”) evidencing the extension of the term of the Xxxxxxx Xxxxx Facility to December 15, 2008 and the increase of the Total Commitment thereunder by $25,000,000 (the “Incremental Xxxxxxx Xxxxx Commitment”).

• Borrower shall have evidenced to the satisfaction of Arranger that the Xxxxxxx Xxxxx Facility has been repaid through the execution of the Sale-Leaseback Facility.

More Definitions of Xxxxxxx Xxxxx Facility

Xxxxxxx Xxxxx Facility means the Credit Agreement, dated as of September 29, 2006, among the Company, the lenders from time to time party thereto and the ML Facility Agent, as amended, extended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time.

Xxxxxxx Xxxxx Facility means that certain Credit and Security Agreement, dated July 27, 2007, between Xxxxxxx Xxxxx Capital and the Company.

Xxxxxxx Xxxxx Facility means the financing transaction to close on or about the Amendment No. 5 Effective Date, pursuant to which the Taxi Medallion Loan Trust I, a special purpose, bankruptcy remote, Delaware business trust, established by Medallion Funding will from time to time borrow money from Xxxxxxx Xxxxx and will from time to time use the proceeds to purchase Medallion Loans from Medallion Funding.

Xxxxxxx Xxxxx Facility means the credit facility in the original amount of $122,028,471 arranged by, and secured by mortgage liens held by, Xxxxxxx Xxxxx Mortgage Capital, Inc.

Xxxxxxx Xxxxx Facility means that certain credit facility in the amount of $105,000,000 provided by the lenders under the Xxxxxxx Xxxxx Loan Agreement to the Xxxxxxx Xxxxx Property Owner, which facility is secured by, among other things, a first mortgage lien on the Xxxxxxx Xxxxx Property.

Xxxxxxx Xxxxx Facility means the $55,000,000 Revolving Credit Agreement, dated as of the date hereof, among TXU, as borrower, the lenders party thereto and Xxxxxxx Xxxxx Capital Corporation, as agent.