Uncommitted Facility
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Uncommitted Facility

An agreement between a bank and a company or, rarely, an individual to provide an unspecified amount in loans on demand from the borrower. The borrower is under no obligation to actually take out a loan at any particular time. Funds borrowed are not repaid on any particular schedule, but they must be repaid on demand from the bank. This agreement is fairly common in situations where a business must make payroll but does not always have the operating income to do so. See also: Committed facility, Line of credit, Overdraft facility.

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No references found			The committed borrowing facilities, together with available uncommitted facilities and central cash and investments, are considered sufficient to meet the Group's projected cash requirements. RECKITT BENCKISER GROUP PLC - Annual Financial Report by PR Newswire UK Disclose 8bn) since end-2008, and currently has a unutilized borrowing facility of USD 1,170mn, including USD 607mn of uncommitted facilities. UniCredit - Evraz Group: Reports poor 1H09 numbers, offers sober ... by Russian Banks and Brokers Reports The new facility, which extends the previously uncommitted facilities, will be available for working capital loans and for the issuance of letters of credit of up to $300 million. EOTT Energy Announces Term Extension of Credit Facility by PR Newswire			Unauthorized Investment Unauthorized Practice of Law Unauthorized Reinsurance Unauthorized Transfer Unauthorized Use Unavoidable Costs Unbalanced Growth Unbanked Unbiased Estimator Unbiased Expectations Hypothesis Unbiased Predictor Unbranding Unbundled Life Insurance Policy Unbundling Uncalled Capital Uncap Uncashed Uncertain Tax Position Uncertified Unit Uncharged Uncharged Arrearage Unclaimed Balance Uncollected Funds Uncollectible Account Uncommercial Uncommitted Facilities Uncommitted Facility Unconditional Bid Unconditional Vesting Unconfirmed Letter of Credit Unconscionable Unconscionable Bargain Unconsolidated Subsidiary Uncovered Call Uncovered Call Writing Uncovered Interest Arbitrage Uncovered Option Uncovered Options Uncovered Put Uncovered Put Writing Uncreditworthy Undated Security Undeliverable Billing Document Undeliverable-As-Addressed Under Reporting Under the Belt Under the Counter Under the Table Under-Allowance Underage Underapplied Overhead			uncoloured Uncolt uncolumned uncombable Uncombable hair syndrome uncombed Uncombine uncombined Uncomeatable uncomely uncomely uncomfortable uncomfortable Uncomfortable Loudness Level uncomfortableness uncomfortableness uncomfortably uncomfortably uncommanded Uncommanded Slats Deployment uncommendable Uncommented Lines of Code uncommercial uncommercial uncommercialised uncommercialized uncommissioned uncommissioned uncommitted uncommitted Uncommitted Facilities Uncommitted Facility Uncommitted logic array Uncommitted logic array Uncommitted Obligation uncommon uncommon uncommon compensatory pat-tern Uncommon Wisdom Daily uncommoner uncommoner uncommonest uncommonest uncommonly uncommonly uncommonness uncommonness uncommunicated uncommunicative uncommunicative uncommunicatively uncommunicatively uncommunicativeness uncommunicativeness Uncompahgre Uncompahgre (disambiguation) Uncompahgre Peak Uncompahgre Peak Uncompahgre Unitarian Universalist Society Uncompahgre Volunteer Legal Aid uncomparable

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Uncommitted Facility (redirected from Uncommitted Facilities)

Uncommitted Facility
(redirected from Uncommitted Facilities)