Credit B definition

Credit B means the principal amount as specified in Clause 2.1 already disbursed and/or still to be disbursed as the context requires and shall include each of Tranche 3 and Tranche 4 Credit or Credits means the aggregate principal amount as specified in Clause 2.1 already disbursed and/or still to be disbursed as the context requires and “Credits” shall include Credit A and Credit B Credit Agreement means this agreement
Credit B means the portion of the Credit which is subject to the Association’s regular lending terms for the Recipient and is referred to in Section 2.01 (b) of this Agreement.
Credit B has the meaning given to it in Article 2.1(b) (Amount of Credit).

Examples of Credit B in a sentence

  • Credit B would be extended for the purpose of purchasing or car- rying margin stock (purpose credit), without collateral or on collateral other than stock.

  • Each tranche under Credit A and Credit B must be repaid within six years from the date on which the tranche is disbursed.

  • Tranches under Credit B may only be drawn after Credit A has been drawn down and upon the achievement of certain milestone events.

  • Credit B may only be drawn after Credit A has been drawn down and upon the achievement of certain milestone events.

  • Each tranche under Credit A and Credit B must be repaid within six years from the date on which the tranche is disbursed to us.


More Definitions of Credit B

Credit B means the credit in the amount referenced in Section 2.01(b) of this Agreement (Credit number 7440-UZ) and the Credit for purposes of paragraph 24 of the Appendix to the General Conditions.
Credit B means the credit of Cdn. $2,000,000 or the U.S. Dollar equivalent thereof in favour of the Borrower which is established by this Agreement.
Credit B means the credit to be extended to the Recipient on Shorter Maturity Loan terms.
Credit B has the meaning ascribed thereto in Section 3.1.
Credit B means, collectively, the revolving credit in the amount of up to £4,788,866 or the equivalent thereof in relevant Approved Currencies (designated as "Credit B1") and the revolving credit in the amount of up to £2,000,000 or the equivalent thereof in relevant Approved Currencies (designated as "Credit B2") which is established in favour of the European Borrowers as more particularly described in ARTICLE III.
Credit B means the credit facility of up to Cdn. $70,000,000 or the Equivalent Amount in U.S. Dollars established by the Lenders in favour of Convergys CMG Canada Limited Partnership pursuant to Section 3.1(1)(b).
Credit B means the credit facility of up to Cdn. $825,000,000 established by the Lenders in favour of the Borrower pursuant to Article 2 of this Agreement.