Conforming Credit Criteria definition

Conforming Credit Criteria means the credit standards and other criteria customarily applied by the Administrative Agent in the determination of the credit limitations for companies similar to the Borrower.
Conforming Credit Criteria shall have the meaning set forth in Subsection 2.04(a).
Conforming Credit Criteria means the information contained in the Engineering Reports and such other information (including the status of title information with respect to the Oil and Gas Properties as described in the Engineering Reports and the existence of any other Debt) as the Administrative Agent or the applicable Lender deems appropriate in its sole discretion and consistent with its normal and customary oil and gas lending criteria as it exists at the particular time.

Examples of Conforming Credit Criteria in a sentence

  • The Conforming Borrowing Base shall also be determined by Banks in their sole discretion, and in determining the amount of the Conforming Borrowing Base, each Bank may make the assumptions and consider the factors and criteria set forth in subclauses (a) through (d) and (i) through (v) above; provided, that each Bank shall apply Conforming Credit Criteria.

  • The Conforming Borrowing Base shall also be determined by the Banks in their sole discretion, and in determining the amount of the Conforming Borrowing Base, each Bank may make the assumptions and consider the factors and criteria set forth in clauses (a) through (f) above; provided, that each Bank shall apply Conforming Credit Criteria.

  • Where expressions of interest are received, ComReg will consider those expressions in light of the progress on the legislative matter.

  • At the time of each Redetermination, Banks shall also determine what the Borrowing Base would be if they applied Conforming Credit Criteria (the "Conforming Borrowing Base").

  • If Conforming Credit Criteria were applied by the Banks, the Borrowing Base that would result would be $60,000,000, and such amount is the "CONFORMING BORROWING BASE" for purposes of this Agreement unless and until a Redetermination is made pursuant to SECTION 6.2 below.

  • At the time of each Scheduled Redetermination and Special Redetermination, the Banks shall also determine what the Borrowing Base would be if they applied Conforming Credit Criteria (which result would be the Conforming Borrowing Base).

  • From the Closing Date until the Conforming Date, the Banks may, in their sole discretion, establish a Borrowing Base which is higher than the Borrowing Base that would otherwise be in effect if the Banks determined the Borrowing Base based on each Bank’s Conforming Credit Criteria.

  • The Council’s deferred payment scheme will be offered to service users who meet the eligibility criteria and have care and support needs, which will be met by a permanent placement in residential or nursing care.

  • At the time of each Redetermination, the Banks shall also determine what the Borrowing Base would be if they applied Conforming Credit Criteria (the "Conforming Borrowing Base").

  • Banks may, in their sole discretion, establish a Borrowing Base which is higher than the Borrowing Base would otherwise be if Banks determined the Borrowing Base based on each Bank's application of the credit standards and other criteria customarily applied by such Bank in the determination of credit limitations for companies similar to Borrower ("Conforming Credit Criteria").

Related to Conforming Credit Criteria

  • ASAM criteria means the most current edition of the American Society of Addiction Medicine's published criteria for admission to treatment, continued services, and discharge.

  • Eligibility and selection criteria means criteria for determining:

  • Fitch Criteria means the Collateral Amount shall equal the sum of (i) the product of A multiplied by the xxxx-to-market value of the outstanding Transactions determined by Party A in good faith from time to time, and (ii) the product of B multiplied by the current aggregate notional amount of the outstanding Transactions, where:

  • Investment Criteria The criteria specified in Section 12.2(a).

  • Selection Criteria means and includes all of the requirements, considerations,

  • Debt service extension base means an amount equal to that

  • Functional Criteria means the criteria set out in clause 27 of this Part C.

  • Review Criteria has the meaning assigned to that term in Section 12.02(b)(i).

  • Business Criteria means any one or any combination of Income before Taxes, Net Income, Return on Equity, Return on Assets, Pre-tax Margin, Free Cash Flow, Valuation or EPS.

  • Categorical pretreatment standard or "categorical standard" means any regulation containing pollutant discharge limits promulgated by the environmental protection agency in accordance with sections 307(b) and (c) of the Act (33 U.S.C. section 1317) that apply to a specific category of users and that appear in 40 CFR chapter I, subchapter N, parts 405 through 471.

  • Criteria means one of the eight (8) state defined categories to be scored.

  • low protein modified food product means a food product that is specially formulated to have less than one gram of protein per serving and is intended to be used under the direction of a Practitioner for the dietary treatment of an inherited metabolic disease, but does not include a natural food that is naturally low in protein; and

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

  • Acceptance Criteria means the Specifications, goals, performance measures, testing results and/or other criteria designated by the Agency and against which the Deliverables may be evaluated for purposes of Acceptance or Non-acceptance thereof.

  • credit meter means a meter where an account is issued subsequent to the consumption of electricity;

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

  • Random selection basis means a mechanism for selection of employees that:

  • Eligibility Criteria means the legal criteria as specified in the Clause 5 of this E- Auction Process Information Document;

  • Specifications and Standards means the specifications and standards relating to the quality, quantity, capacity and other requirements for the Project, as set forth in Schedule-D, and any modifications thereof, or additions thereto, as included in the design and engineering for the Project submitted by the Developer to, and expressly approved by, the Authority;

  • ICSID Additional Facility Rules means the Rules Governing the Additional Facility for the Administration of Proceedings by the Secretariat of the International Centre for Settlement of Investment Disputes;

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Method detection limit means the minimum concentration of a hazardous substance that can be measured and reported with 99% confidence that the analyte concentration is greater than zero and is determined from analysis of a sample in a given matrix that contains the analyte.

  • Solar alternative compliance payment or "SACP" means a

  • Switching and Tagging Rules means the switching and tagging procedures of Interconnected Transmission Owners and Interconnection Customer as they may be amended from time to time.

  • Method Detection Limit (MDL means the minimum concentration of a substance (analyte) that can be measured and reported with 99 percent confidence that the analyte concentration is greater than zero and is determined from analysis of a sample in a given matrix containing the analyte.

  • Evaluation Criteria means the criteria set out under the clause 27 (Evaluation Process) of this Part C, which includes the Qualifying Criteria, Functional Criteria and Price and Preferential Points Assessment.