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Industrial architecture is the design and construction of buildings facilitating the needs of the industrial sector. The architecture revolving around the industrial world uses a variety of building designs and styles to consider the safe flow, distribution and production of goods and labor. [ 1 ]
The term of a HELOC is split in two distinct periods. During the “draw period”, the customer can use their HELOC like a revolving facility. Draw periods typically last 10 years. [5] During this time, the borrower can drawdown funds, repay and redraw again as many times as they wish, only paying interest on their outstanding balance.
The facility acts much like a corporate credit card, except that borrowers are charged an annual commitment fee on unused amounts, which drives up the overall cost of borrowing (the facility fee). In the U.S., many revolvers to speculative-grade issuers are asset-based and thus tied to borrowing-base lending formulas that limit borrowers to a ...
Duke Realty's (DRE) amended and restatement of unsecured revolving credit facility allows the industrial REIT to lower its borrowing costs and offers sustainability-linked pricing incentive.
A revolving door typically consists of three or four doors that hang on a central shaft and rotate around a vertical axis within a cylindrical enclosure. To use a revolving door, a person enters the enclosure between two of the doors and then moves continuously to the desired exit while keeping pace with the doors.
After an investor has been selected, the mortgage banker draws on the warehouse line of credit to fund a mortgage and sends the loan documentation to the warehouse credit-providing institution to act as a collateral for the line of credit. The warehouse lender, at this stage, perfects a security interest in the mortgage note to serve as collateral.
Revolving credit is a type of credit that does not have a fixed number of payments, in contrast to installment credit. Credit cards are an example of revolving credit used by consumers. Corporate revolving credit facilities are typically used to provide liquidity for a company's day-to-day operations.
Any of these items should be considered forward-looking statements relating to future events within the meaning of the Private Securities Litigation Reform Act of 1995. ... in the industry ...