Other Warehouse Facility definition

Other Warehouse Facility means the warehouse financing facility established pursuant to that certain Warehouse Lending Agreement, dated as of April 29, 2005, among TFC, as originator and servicer, Seller, as seller, Borrower, as borrower, the Collection Account Bank, as collection account bank, and the Other Warehouse Lender, as lender as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.
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Other Warehouse Facility means the warehouse financing facility established pursuant to Other Warehouse Lending Agreement and the Other Warehouse Documents.
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Other Warehouse Facility means one or more "warehouse facilities" (including any repurchase facility) entered into by TFC or any of its Affiliates pursuant to which one or more lenders provide funding to TFC or any of its Affiliates (or any trust or similar limited purpose entity formed to facilitate such financing) for the purpose of financing the origination or purchase of Receivables.
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Examples of Other Warehouse Facility in a sentence

  • Without limitation of the foregoing, Borrower is not a borrower under any loan or financing agreement, facility or other arrangement other than the facility established pursuant to this Agreement and the Other Warehouse Facility.

  • Borrower has no Indebtedness, other than Indebtedness incurred under (or contemplated by) the terms of this Agreement and the Other Warehouse Facility.

  • Without limitation of the foregoing, Borrower will not at any time be a borrower under any loan or financing agreement, facility or other arrangement other than the facility established pursuant to this Agreement and the Other Warehouse Facility.

  • Borrower will not at any time incur any Indebtedness, other than Indebtedness incurred under (or contemplated by) the terms of this Agreement and the Other Warehouse Facility.

  • Notwithstanding the foregoing, nothing in this Section 11.07 shall supersede, nullify, derogate from or otherwise affect any rights of Lender under any document or instrument related to the Other Warehouse Facility or any residual financing agreement between Borrower, Seller, the Residual Facility Borrower or TFC, on one hand, and the Other Warehouse Lender, on the other.

  • All documents necessary to the establishment of the Warehouse Facility and the Other Warehouse Facility shall have been duly executed and delivered by all parties thereto and be in full force and effect, and each other action necessary to the establishment of such facility shall have been completed, and all conditions precedent to the effectiveness of the obligations thereunder shall have been satisfied.

  • Subject to the requirements for, and limitations on, Borrowings set forth in Section 2.03, the Rolling 60-Day Aggregate Total Outstandings as of the last day of any calendar month during the Commitment Period shall not be either $40 million greater or $40 million less than the Rolling 60-Day Other Warehouse Facility Aggregate Total Outstandings as of such date.

  • All documents necessary to the establishment of the Other Warehouse Facility shall have been duly executed and delivered by all parties thereto and shall be in full force and effect, and each other condition precedent to the funding under such facility shall have been completed.

  • Borrower shall not Guarantee or otherwise in any way become liable with respect to the obligations or liabilities of any other Person, except (a) for the obligations of Borrower to Lender, the Other Residual Financing Facility Lender and the Other Warehouse Facility Lender and (b) by customary endorsement of instruments or items of payment for deposit to the general account of Borrower or for delivery to Lender.

  • Borrowings under Other Warehouse Facility......................................................

Related to Other Warehouse Facility

  • Warehouse Facility means any bank credit agreement, repurchase agreement or other credit facility entered into to finance the making of Mortgage loans originated by the Company or any of its Subsidiaries.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Offshore facility ’ means any facility of any kind located in, on, or under any of the navigable waters of the United States, and any facility of any kind which is subject to the ju- risdiction of the United States and is located in, on, or under any other waters, other than a vessel or a public vessel;

  • Purchase Facility has the meaning set forth in Section 1.1 of the Sale Agreement.

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.

  • Warehouse Agreement means an agreement to provide credit to a person to enable the person to have funds to make residential mortgage loans and hold such loans pending sale to other persons.

  • Letter of Credit Collateral has the meaning specified in Section 6.02(b).

  • Storage Facility means a facility used for the stocking of natural gas and owned and/or operated by a natural gas undertaking, including the part of LNG facilities used for storage but excluding the portion used for production operations, and excluding facilities reserved exclusively for transmission system operators in carrying out their functions;

  • Warehouse Lender means any lender providing financing to Seller for the purpose of warehousing, originating or purchasing a Mortgage Loan, which lender has a security interest in such Mortgage Loan to be purchased by Purchaser.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Eligible facility means a gas-fired electric generation facility with a nominal capacity of 1,000 MW or less.

  • Related facilities means any ancillary facilities owned by the Company which are —