Examples of Letter off Borrowing Used in a sentence

Related Significance

• Letter regarding Borrowing limit
• Page off Credit Business
• Revolving Page out of Borrowing from the bank
• Letter of Borrowing Availability Several months
• Page regarding Borrowing Connection
• Letter away from Credit Lender
• Letter out of Credit Liability
• Fronted Letter off Borrowing from the bank
• Letter regarding Borrowing Obligations

Except during people months in the event the Indenture Trustee are registered and you can brought to accomplish this in Indenture (we.e. before the cancellation of the Indenture), the new Spending Broker shall build withdrawals towards Certificateholder on Range Account pursuant in order to Section 5.02 and you can shall declaration the fresh new amounts of like withdrawals towards Owner Trustee.

Susceptible to most of the terms and conditions hereof, the newest A great Rotating Union is generally availed of regarding means out of Letters out-of Borrowing, provided that the aggregate outstanding quantity of Letter out of Credit Usage by the Borrowers hereunder should inside the no feel surpass this new lesser regarding (aa) the fresh new bare level of the new A beneficial Rotating Connection otherwise (bb) $step 1,one hundred thousand,100.

For all reason for which Agreement, where a choice of the bare or readily available quantity of brand new A great Rotating Connection is required, new Rotating Fund and also the Page regarding Credit Application shall be considered to utilize the An excellent Revolving Union.

At the mercy of all fine print hereof, the newest Relationship could be availed out-of in the form of Emails regarding Borrowing, provided new aggregate a fantastic level of Letter away from Borrowing from the bank Use by Borrowers hereunder shall when you look at the no experience go beyond brand new minimal of (aa) the fresh new vacant amount of brand new Obligations or (bb) $15,one hundred thousand,100.

Subject to all the conditions and terms hereof, new Connection may be availed off in the form of Characters away from Borrowing from the bank, provided the latest aggregate a great amount of Page regarding Borrowing from the bank Usage by Borrowers hereunder will inside no knowledge surpass brand new lesser out-of (aa) this new bare amount of the new Duties otherwise (bb) $5,one hundred thousand,100000.

Immediately after providing effect toward Loan otherwise Page out-of Borrowing from the bank, the aggregate prominent amount of all the Financing and you can Page away from Borrowing Usage the hereunder should perhaps not meet or exceed the fresh new Union.

To have reason for this Point 4.Good, Page regarding Borrowing from the bank Use shall constitute a beneficial accessibility the fresh new Union to have reason for calculating the fresh commitment percentage payable hereunder.

Subject to the small print hereof, this new Union are availed of in the way of Emails off Borrowing, provided that the brand new aggregate a great number of Letter out of Borrowing Utilization because of the Borrowers hereunder shall when you look at the zero knowledge surpass the newest lesser off (aa) brand new bare amount of this new Commitments otherwise (bb) $10,100,one hundred thousand.

About Page away from Borrowing from the bank Usage

Page out of Borrowing from the bank Facility setting, any time, a cost equal to minimum of from (a) this new aggregate number of the brand new Giving Banks’ Page away from Credit Requirements during the including big date, (b) $two hundred,100000,100 and (c) the brand new aggregate amount of new Revolving Borrowing Commitments, as such number may be reduced during the otherwise just before such as for instance big date pursuant in order to Area dos.05.

Page out of Borrowing from the bank Availableness Months that time regarding and you will such as the Closing Go out in order to however, excluding the fresh new Page away from Borrowing from the bank Maturity Go out.

Page regarding Credit Connection form, in terms of any Providing Bank anytime, the total amount established reverse such Issuing Kansas title loan Bank’s term to the Schedule We hereto beneath the caption “Letter out-of Borrowing Relationship” otherwise, if such as Giving Bank have joined towards the no less than one Project and you can Acceptances, set forth to possess particularly Providing Bank about Register maintained because of the the newest Management Agent pursuant so you can Point 9.07(d) therefore Providing Bank’s “Page out-of Borrowing Relationship”, as a result number is generally shorter on or ahead of particularly day pursuant to help you Area 2.05.