credit claims definition

credit claims means pecuniary claims arising out of an agreement whereby a credit institution, as defined in Article 4(1) of Directive 2006/48/EC, including the institutions listed in Article 2 of that Directive, grants credit in the form of a loan.

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credit claims means pecuniary claims arising out of an agreement whereby a bank or credit institution within the meaning of section 4(1) grants credit in the form of a loan;

credit claims means claims ("créances") governed by Luxembourg law and complying with the eligibility criteria of the ECB and the Central Bank, as set out in Part four of Guideline ECB/2014/60 and/or in any temporary measure adopted in this field by the European Central Bank.

Examples of credit claims in a sentence

No Demobilisation Instruction is required in the case of matured Credit Claims.
If a Credit Claim file is submitted which contains multiple instructions, any Demobilisation Instructions contained in the file are processed last: (a) all instructions relating to updates to Credit Claims and rating information and all instructions relating to the mobilisation of Credit Claims are processed first, followed by (b) the sum of Demobilisation Instructions.
For the purposes of mobilising Credit Claims as collateral, the Pledgor shall mobilise such assets to an Asset Account designated by the Central Bank.
In accordance with Chapter 6 of the General Terms and Conditions and Part four of ECB Guideline ECB/2014/60, the Central Bank allows the use of Credit Claims (as part of non- marketable assets) to provide collateral for credit operations and other liabilities towards the Central Bank.
This Master Agreement (the "Agreement") establishes the legal framework allowing the Pledgor to pledge Credit Claims governed by Luxembourg law to the Central Bank, in accordance with the General Terms and Conditions and the Guideline (EU) 2024/3129 of 13 August 2024 on the management of collateral in Eurosystem credit operations (ECB/2024/22) (the “ECMS Guideline”).

More Definitions of credit claims

credit claims means all loans, advances, liabilities and obligations for the payment of monetary amounts (whether or not such payment is then required or contingent, or amounts are liquidated or determinable) owing by any Loan Party to the Credit Lenders' Agent or any Credit Lender, of any kind or nature, present or future, whether or not evidenced by any note, agreement or other instrument, arising under any of the Loan Documents. This term includes all principal, interest (including, without limitation, interest accruing after the commencement of a bankruptcy, insolvency or similar proceeding relating to the Credit Borrowers, whether or not such interest is an allowed claim in any such proceeding), any reimbursement obligations, obligations with respect to letters of credit or bankers' acceptances, fees and expenses due thereunder, and any costs of collection or enforcement, attorneys' fees and any other sum chargeable to any Loan Party under any of the Loan Documents.

credit claims means pecuniary claims arising out of an agreement whereby a credit institution grants credit in the form of a loan;”

credit claims means pecuniary claims which arise out of an agreement whereby a credit institution, as defined in Article 4(1)(1) of Regulation (EU) 575/2013 of the European Parliament and of the Council of 26 June 2013, and including the institutions listed in Article 2(5)(2) to (23) of Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013, grants credit in the form of a loan;".

credit claims means those claims as defined in point (o) of Article 2(1) of Directive

credit claims means pecuniary claims of a bank or other credit institution arising from a loan agreement;

credit claims means pecuniary claims arising out of an agreement whereby a credit institution, as defined in paragraph (c) of subregulation (1) of regulation 4, grants credit in the form of a loan. The term “credit claim” shall also include future claims against future debtors;

credit claims means credit claims within the meaning of the Financial Collateral Arrangements (No 2) Regulations 2003; "Delegate" means a delegate or subdelegate appointed pursuant to Clause 0 (15.The Collateral Agent's RIGHTS); "Disputes" means any disputes which may arise out of or in connection with this Deed (including regarding its existence, validity or termination); "Enforcement Event" has the meaning set out in Clause 0 (12. ENFORCEMENT); "Equipment" means plant, machinery, equipment (including office equipment), vehicles, computers and other chattels of any kind (but excluding any from time to time which are part of the Company's stock in trade or work in progress) now or hereafter owned by the Company or in its possession and all proceeds of sale or other disposal thereof, all moneys paid or payable in respect thereof, rights under any agreement, Security Interest or guarantee in relation thereto and all other rights in relation thereto, and "Equipment" includes any part of any of them (but "Equipment" shall exclude, for the avoidance of doubt, the Excluded Assets); "Excluded Assets" means: (a) the "Excluded Assets" as defined in the Loan Agreement; (b) £17,956, together with accrued interest thereon, deposited with Ashville (Tewkesbury) Limited pursuant to a Rent Deposit Deed dated 3 January 2007; (c) the amount, together with accrued interest thereon, deposited with Tewkesbury Investments Limited pursuant to a Rent Deposit Deed dated 11 January 2011; (d) all present and future rights, title, benefit and interest in and to each account and related deposit charged in favour of Barclays Bank Plc pursuant to a Fixed Charge over Accounts Deed dated 7 August 2019,