Credit Issuer definition

Credit Issuer means the issuer of or obligor under the Credit Facility; provided, however, that if, pursuant to the Credit Agreement, the issuer of or obligor under the Credit Facility shall have appointed an agent on its behalf (which agent may, but need not, act on behalf of other parties as well) and given notice to the Corporation and the Trustee of such appointment, references in the Resolution to the Credit Issuer shall be deemed to refer to said agent, except that with respect to the issuance of such Credit Facility and the obtaining of amounts thereunder, references in the Resolution to the Credit Issuer shall be deemed to refer to such issuer or obligor under such Credit Facility.
Credit Issuer means any issuer of a Credit Facility then in effect for all or part of the Revenue Obligations. The term Credit Issuer shall not include any Reserve Account Credit Facility Provider. Whenever in the Resolution the consent of the Credit Issuer is required, such consent shall only be required from the Credit Issuer whose Credit Facility is issued with respect to the Revenue Obligations for which the consent is required.
Credit Issuer means the issuer of any Credit Facility, its successors and assigns; provided, however, that in connection with the acceptance of an Alternate Credit Facility that results in the occurrence of a Mandatory Purchase Date for a Series of Bonds, until the occurrence of such Mandatory Purchase Date, "Credit Issuer" shall mean, with respect to such Series, the Applicable Credit Issuer immediately prior to acceptance of such Alternate Credit Facility.

Examples of Credit Issuer in a sentence

  • Therefore, con- trary to international developments, a number of regulators within SADC member states, especially those with some laboratory capacity, tend to favour the approach of testing in their own laboratories (SADC, 2003:34).

  • Enter the Goal breakdown in the “Goals” tab (this includes the scorer, assists, type of goal [PP, SH etc.], period, time and GWG)9.

  • Any action taken or omitted to be taken by the relevant Letter of Credit Issuer under or in connection with any Letter of Credit issued by it, if taken or omitted in the absence of gross negligence or willful misconduct, shall not create for the Letter of Credit Issuer any resulting liability.

  • The Administrative Agent shall remit the funds so received to the Letter of Credit Issuer in Dollars.

  • The Borrower may replace the Letter of Credit Issuer for any reason upon written notice to the Letter of Credit Issuer and the Administrative Agent and may add Letter of Credit Issuers at any time upon notice to the Administrative Agent.


More Definitions of Credit Issuer

Credit Issuer means any issuer of a Credit Facility then in effect for all or part of the Bonds.
Credit Issuer means any person who extends, purchases or takes assignments of credit to any consumer(s), as the whole or part of their business, regardless of the nature of the arrangement between the consumer and the person issuing credit.
Credit Issuer means, with respect to such Series, the Applicable Credit Issuer immediately prior to acceptance of such Alternate Credit Facility.
Credit Issuer means NationsBank, N.A. in its capacity as the issuer of the Credit Facility, and its successors in such capacity and their assigns, and if an Alternate Credit Facility is issued, the issuer thereof.
Credit Issuer means any issuer of a Credit Facility then in effect for any Indebtedness.
Credit Issuer means the Credit Issuer immediately prior to acceptance of such Alternate Credit Facility.
Credit Issuer means the issuer of a Credit Facility.