Committed Credit Line

GPTKB entity

Statements (38)
Predicate Object
gptkbp:instanceOf Credit Facility
gptkbp:alternativeName Committed Facility
Committed Loan Facility
gptkbp:defines A credit line where the lender is obligated to provide funds to the borrower as long as certain conditions are met.
gptkbp:distinctFrom Uncommitted Credit Line
gptkbp:duration Specified in contract
gptkbp:example $100 million revolving credit line for a corporation
gptkbp:hasCommitmentFee Yes
gptkbp:hasDrawdownLimit Specified in contract
gptkbp:hasDrawdownPeriod Yes
gptkbp:hasInterestRate Specified in contract
gptkbp:hasLegalObligation Yes
https://www.w3.org/2000/01/rdf-schema#label Committed Credit Line
gptkbp:isProvidedBy gptkb:Banks
Lenders
gptkbp:isReportedAs Liability (if drawn)
Off-Balance Sheet Item (if undrawn)
gptkbp:isReportedIn Financial Statements
gptkbp:mayInclude Covenants
Financial Ratios
Material Adverse Change Clause
gptkbp:partOf gptkb:Revolving_Credit_Facility
Syndicated Loan
Term Loan Facility
gptkbp:regulates Banking Regulations
gptkbp:repealedBy No, unless terms are breached
gptkbp:requires Formal Agreement
gptkbp:riskFactor Liquidity Risk
Credit Risk
gptkbp:subject Renewal
Periodic Review
gptkbp:usedBy Corporations
Financial Institutions
gptkbp:usedFor Backup Financing
Liquidity Management
Working Capital
gptkbp:bfsParent gptkb:Contingent_Credit_Lines
gptkbp:bfsLayer 5