Evergreen credit

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Evergreen credit

Revolving credit without maturity.

Evergreen Credit

A revolving line-of-credit without a maturity date. As with other revolving lines-of-credit, the borrower may take and repay funds as needed up to a certain limit. See also: Evergreen loan.
References in periodicals archive ?
Woodcrest also unsuccessfully offered to lease the Evergreen facilities, she said.
5 million in costs associated with certain Evergreen facilities identified for divestiture.
Following weekend reviews of Evergreen facilities by Mr.
was notified by the State of Indiana that the State was decertifying one of the recently acquired Evergreen facilities located in the Indianapolis area from that State's Medicaid program.
Significant opportunities will result from the expansion of CompuPharm, Cornerstone, and GranCare's other specialty services into the Evergreen facilities and markets.