![]() ![]() ![]() Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.įacility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan. Term Loan means an advance made by any Term Lender under the Term Facility. Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans. Swingline Facility means the swingline facility established pursuant to Section 2.2. Term Loan Advance means any Term Loan funds advanced under this Agreement.įacility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities). Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility Term Loan Advances are each defined in Section 2.1.1(a). Using state’s definition of high-hazard areas.vulnerable to flooding of any of these major assets.Īfter the transfer of pool securities within pool, the pool securities will remain in pool and released from pool under this Agreement as if no transfer has occurred on the same terms that applied before the transfer. ![]() If after making reasonable adjustments, the reviewer is not able to reconcile the GPR statement of total expenditures with the Letter of Credit Drawdowns, the Area Office shall notify the grantee of the apparent discrepancy and request that the grantee provide an explanation for the difference. The current financial statement entitled "Letter of Credit Drawdowns" (Exhibit VIII-A) must be completed and reported by the WYO Companies utilizing the DHHS SMARTLINK Payment Management System. Subject to the fulfillment of the conditions specified in Clause Eight of this Agreement, and pursuant to the terms stipulated in the Drawdown Schedule, the Borrower may draw down the Credit by one or more Credit Drawdowns, as of the Business Day on which all the conditions agreed to in Clause Eight of this Agreement have been duly fulfilled, but in no case subsequent to the twenty-first month from the signing date of this Agreement (the “Drawdown Period”). on the date on which such uses, payments, or remittances are to be made. To enable the Trustee to make the uses, payments, or remittances of proceeds of the Credit Drawdowns on the date requested by Chrysler México, the Trustee must receive the proceeds directly in the Loan Account prior to eleven o’clock a.m. The amount of the Credit Drawdown intended for disbursement, together with the previous Credit Drawdowns, does not exceed the Credit. Examples of Credit Drawdowns in a sentence ![]()
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