Examples of Credit Support in a sentence
Without limitation of the foregoing, it is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support.
To facilitate the Company’s ability to incur and maintain Financings and to otherwise make available Credit Support for Financings, each Member hereby agrees to and acknowledges the acknowledgements, agreements and representations set forth in Appendix II.
On expiry or earlier termination of this Agreement the arrangements set out herein shall end and the provision of the Credit Support Amount by the Contracting Retailer shall be governed exclusively by the Wholesale Contract and the Parties agree to co-operate with each other to the extent necessary to ensure compliance with the Wholesale Contract.
To be eligible to use the Alternative Unsecured Allowance as set out in this Agreement, the Contracting Retailer shall at all times; hold and maintain a Nominated Credit Support Agency Rating of 5A/1 or 5A/2; and hold and maintain a Low, Low-Moderate or Moderate Overall Business Risk.