Committed Facility

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Committed Facility

Credit that is available to the borrower if and only if the borrower meets the requirements imposed by the lender. These requirements are often very strict. See also: Facility.
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In addition to assisting with the development of the program, Volkswagen committed facilities, VW specific training and orientation, financial assistance for student tuition, paid on-the-job-training and multiple members on the AMP advisory board.
Grainger has around pounds 300m in cash and committed facilities for expansion after raising pounds 237m in a rights issue last December.
Bakkavor's operating companies have secured fully committed facilities for three years to March 2012 following the successful renegotiation of their debt," he said.
3 billion at the end of 2008 - which was caused largely by the calling down of previously committed facilities and the restructuring of existing loans, belies a substantial fall in new lending, down 41 per cent in 2008 compared with a rise of three per cent in 2007.
Grosvenor had cash and undrawn committed facilities with its bankers amounting to pounds 523m, compared to pounds 607m in 2007.
Grosvenor had cash and undrawn committed facilities with its bankers totalling pounds 523m, compared to pounds 607m in 2007.
We've got plenty of headroom on the balance sheet and unused committed facilities around pounds 80 million.
Equinix is expected to finance the acquisition and related transaction costs out of the company's corporate cash reserves and unsecured debt financing under committed facilities from Citigroup.
Bank's warehouse facility with the newly committed facilities from Bank of America and UBS Warburg, the company elected to not renew U.
Adequate Liquidity: ASE's had unrestricted cash of TWD39 billion and available undrawn committed facilities of TWD5 billion as at end-September 2017, which was sufficient to pay for short-term debt of TWD33 billion.
Prior to funding the transaction, TerraForm Power has over $1B of liquidity under committed facilities, including $500M under its corporate credit facility, which has been upsized to $600 million, and $500M under the sponsor line with Brookfield.