No doubt his executive team was busy fine-tuning the terms of the loan facility.
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On November 25, 2008, the Federal Reserve Board announced terms for the Term Asset-Backed Securities Loan Facility (TALF).
We were able to source competitively-priced bank loans like our recently executed secured term loan facility with the Import-Export Bank of Korea and ABN AMRO.
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Governments responded first by signing over vast emergency loans to Greece and then by creating an even vaster temporary loan facility (partly using IMF money).
There is speculation in Italy that Mario Monti might turn to the IMF for help, to bargain for a loan facility in exchange for an IMF-imposed reform programme.
Although BHP had arranged a loan facility with its banks to cover the additional debt, it was evidently concerned about its ability to refinance the debt in future.
It was a loan facility that was designed to assist market participants to meet various credit needs during a time when credit was severely tightening in the financial system.
"Strengthening the student loan facility will ensure that families who find it hard to meet the costs will have extra help and can spread repayments over a number of years, " said Deputy Reed.
The Commission's approval opens the way for Spain's government to draw 37bn euros from a 100bn-euro loan facility made available by the eurozone's bailout fund specifically for the purpose of cleaning up the country's banks.
This connection between tax dollars and contract awards to corporations with ties to countries like Iran has been exacerbated by Washington's TARP (Troubled Asset Relief Program) and TALF (Term Asset-Backed Securities Loan Facility) outlays undertaken thus far.
If an investor, like Soros, had any worthwhile tradable knowledge of the loan facility, he would know that Petrobras is going to use that loan to purchase millions of dollars of services from Transocean, for example, and would invest his money there.
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All of the other ELA debt was contracted under the Facility Deed which according to the Anglo Irish Bank Annual Report 2010 is an unsecured loan facility guaranteed by the Minister for Finance who separately benefits from a counter indemnity from the Bank should the guarantee be called upon.
Again, no documents have been signed on the loan so the facility is inoperative at this time.
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And then finally, a discussion about the small business lending facility and loan program that the President believes -- and you saw the comments from Chairman Bernanke yesterday about the need to get -- continue to get increased capital to small business and why that is so important in our economic recovery.
As with other loans under this new facility, the Kenyan loan was approved only after a consultation process led by the Kenyan government with extensive participation by the private sector and non-governmental and community-based organisations.
Without this facility banks with real estate loan overexposures are lined up for failure on Bank Failure Friday.
As you know and have written on extensively, the ELA debt for IBRC was administered in 3 contractual arrangements between IBRC and Central Bank of Ireland, the Master Loan Repurchase Agreement (MLRA), Special Master Loan Repurchase Agreement (SMRA) and the Facility Deed (FD).
The loan will finance the Caithness Shepherds Flat project, an 845-megawatt wind generation facility located in eastern Oregon.
The loan guarantee from the Dept. of Energy will enable Abound Solar to expand its manufacturing facility in Longmont, Colorado and expand to a new manufacturing plant in Tipton, Indiana.
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