Available credits definition
Available credits means a potential credit that has been re- leased by the department after a bank attains the performance stand- ards specified in the instrument.
Available credits means a potential credit that has been released by the department after a bank attains the per- formance standards specified in the instrument.
Available credits means the forms of credit made available to the Borrower hereunder and includes Prime Rate Advances, U.S. Base Rate Advances, BA Advances, BA Equivalent Advances, LIBOR Advances and Letter of Credit Advances and with respect to the Swingline Facility includes Prime Rate Advances, U.S. Base Rate Advances, BA Advances and BA Equivalent Advances and "Available Credit" means any one of them.
Examples of Available credits in a sentence
Available credits on Adultwork are transferred weekly, to our business deposit account.
More Definitions of Available credits
Available credits means those credits that have been released by the department and can be used. Available credits do not include credits that have been debited (used for a permit requirement) from the bank.