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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.
Multiple Advance, Closed End: This type of loan (typically a construction loan) advances incremental amounts up to a certain limit, based upon some criteria such as inspection and approval of a draw request. Any principal reductions received during the loan period are not available to be drawn on, but rather have paid down the loan balance.
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 ]
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 warehouse line of credit is a credit line used by mortgage bankers.It is a short-term revolving credit facility extended by a financial institution to a mortgage loan originator for the funding of mortgage loans.
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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 ...
A typical concrete mixer uses a revolving drum to mix the components. For smaller volume works, portable concrete mixers are often used so that the concrete can be made at the construction site, giving the workers ample time to use the concrete before it hardens. An alternative to a machine is mixing concrete by hand.