credit business definition

credit business means a business which consists or includes the provision of credit under personal credit agreements, other than a business which is carried on by an exempt person;
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credit business means the business of extending credit to any person from sources other than deposits from the public;
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credit business has the meaning ascribed to that term in a Limited Partner’s Award Letter.
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Examples of credit business in a sentence

  • Unless subject to an exemption, prior to purchasing, selling or gifting Holding Period Instruments, Personnel must receive preclearance from the Chief Compliance Officer and the Bain Capital Credit Business Unit Head or member of Bain Capital Credit senior management (“Designated Approval Manager”).

  • Such notice shall specify the date (which shall be a Letter of Credit Business Day) on which the New Issuing Bank is to become an additional "Issuing Bank" hereunder.

  • Except during the Interim Period, all premiums on the New Credit Business shall be collected by LOTS and all commissions and claims shall be paid directly by LOTS.

  • The Chief Compliance Officer has the authority to grant waivers of the provisions of the Code in appropriate instances.The Bain Capital Credit Business Unit Head and the Chief Compliance Officer will review the terms and provisions of the Code at least annually and make amendments as necessary.

  • BUSINESS CLIC shall continue to write credit insurance on its policy or certificate forms in the New Credit Business accounts designated by LOTS in accordance with the terms as set forth in Section 2.1 for a period of up to two (2) years from the Effective Date with LOTS having the right to terminate the arrangement by giving CLIC at least 30 days written notice of termination.

  • IFLAC shall continue to write credit insurance on its policy or certificate forms in the New Credit Business accounts designated by LOTS in accordance with the terms as set forth in Section 2.1 until January 16, 1998.

  • As used in this Letter of Credit, "Business Day" means any day on which commercial banks located in New York, New York are not required or authorized to remain closed.

  • Consumers agrees to use its best efforts to assist LOTS in the timely transfer of the New Credit Business.

  • LOTS agrees to provide Consumers with prior written notice of its intent to cancel or non-renew any account within the New Credit Business, along with any supporting documentation if requested by Consumers, and Consumers will be afforded an opportunity to object.

  • Consumers agrees to sell and LOTS agrees to acquire and use its best efforts to convert and retain all of the New Credit Business.


More Definitions of credit business

credit business means all segments of the credit business of AGM, which, for the avoidance of doubt, includes, without limitation, Opportunistic Credit, European Credit, U.S. Performing Credit, Structured Credit, Non-Performing Loans, Strategic Accounts, CMBS/CRE, CPI Europe, Principal Structured Finance and RMBS, as well as credit businesses under development, including, but not limited to, Energy Credit and Xxxxx, but excluding assets of Athene Holding Ltd. (and related revenues) that the credit business of AGM does not manage; it being understood that the General Partner, in consultation with AGM Credit Senior Management, shall determine whether business segments acquired or created after the date of this Agreement shall be included in the Credit Business.
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credit business means Sears’ Credit and Financial Products Business as described in the Offering Memorandum dated as of May 2003 (the “Business”).
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credit business means a business of providing consumer credit, and includes a business of providing consumer credit as part of, or incidentally to, carrying on another business.
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credit business means all Non-Annuity Business relating to the lines of business numbered 1 and 2 on Schedule 1.1(b) hereto.
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credit business means the business of making loans or entering into credit arrangements or discount transactions but does not include—
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credit business means the credit life and disability policies issued by the Company prior to the Closing Date.
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Related to credit business

  • Relevant Business means the areas of business of the Company or any other member of the Group in which, pursuant to his duties, the Executive was materially involved, or in respect of which the Executive was in possession of Confidential Information, in either case at any time during the Relevant Period.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Minority Business means a business:

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Qualified business facility means any building, complex of

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Excluded Business has the meaning set forth in Section ‎9.1.1.

  • Business has the meaning set forth in the Recitals.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Business Facility means any property that is or at any time has been owned, operated, occupied, controlled or leased by the Company, WW or any Subsidiary in connection with the operation of the Business.

  • Company Business means the business of the Company as presently conducted.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Trust business means the business of acting as trustee, executor or administrator;

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

  • banking business means the business of accepting deposits withdrawable or repayable on demand or after a fixed period or after notice and the employment of those deposits, in whole or in part, by lending or any other means for the account and at the risk of the person accepting the deposits;

  • Micro Business means a company which either:

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Microbusiness means a licensee that may act as a cannabis

  • Company IT Assets means all Software, systems, serves, computers, hardware, firmware, middleware, networks, data communications lines, routers, hubs, switches and all other information technology equipment, and all associated documentation owned by or licensed, pursuant to a valid and enforceable license agreements, to the Company and its Subsidiaries.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.