Examples of Advance Facility in a sentence
The commitment of the Cash Advance Facility Provider is extendable at its option.
The Cash Advance Facility Provider will rank in priority in respect of payments and security to the Notes.
Cash Advance FacilityOn the Closing Date, the Issuer will enter into the Cash Advance Facility Agreement with the Cash Advance Facility Provider.
Amounts so credited to the Floating Rate GIC Account may be utilised by the Issuer in the same manner as a drawing under the Cash Advance Facility if the Cash Advance Facility had not been so drawn.
Cash Advance Facility Agreement:On the Signing Date, the Issuer will enter into the Cash Advance Facility Agreement with a maximum term of 364 days with the Cash Advance Facility Provider under which the Issuer will be entitled to make drawings in order to meet certain shortfalls in its available revenue receipts.