Credit Decision definition

Credit Decision means a decisionregarding whether and under what terms to originate, modify, terminate, or make other changes to a mortgage, including a decision whether to extend new or additional credit or change the credit limit on a line of credit.
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Credit Decision means a preliminary or final assessment, analysis or determination with respect to: (a) whether to make, purchase or sell a Loan, (b) whether the making, purchasing or selling of a Loan satisfies certain criteria, or a policy or rule, or (c) the credit worthiness of an applicant for a Loan.
Sample 1
Credit Decision means a preliminary or final assessment, analysis or determination with respect to: (a) whether to make, purchase or sell a Loan, (b) whether the making, purchasing or selling of a Loan satisfies certain criteria, or a policy or rule, or (c) the credit worthiness of an applicant for a Loan. Proprietary and Confidential Information – Fidelity Information Services, LLC & Pioneer Financial Services, Inc. (PID # 224877) Page 1 of 34 Exhibit 10.50 REDACTED – OMITTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, AND IS DENOTED HEREIN BY ***** Schedule A – Origenate® and PortfolioRevue Services
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Examples of Credit Decision in a sentence

  • Credit Decision whereby We cancel a Positive Credit Decision previously granted in respect of a Buyer.

  • Credit Decision which is not a Refusal or a Cancellation including Credit Decision We grant partially compared to the requested amount.

  • Credit Limit: type of Credit Decision set by Us, as per article 2.1. of the Special Terms.

  • Credit Decision: decision which is set pursuant to the Special Terms and determines the maximum covered amount of your Outstanding in respect of a given Buyer, if any.

  • Our cover shall start upon Delivery, provided that a Positive Credit Decision with respect to the Buyer is in force on the date of Delivery.

  • Credit Decision whereby We reduce the amount set in a previous Credit decision.

  • Upon your request for a Credit Decision with respect to a Buyer, the Buyer’s creditworthiness shall be assessed and monitored by the Information Service Provider, such assessment being a piece of information on which we base our Credit Decision.

  • The cover ratio is the ratio where: • the numerator is the lowest of the Net Debt or the Credit Decision • the denominator is the amount of the Debt.

  • If the conditions for retroactivity are not met, the Positive Credit Decision shall take effect at the date of your request.

  • Refusal: Credit Decision whereby We refuse a cover in respect of a Buyer.


More Definitions of Credit Decision

Credit Decision. COMFIN’s response to a Credit Application. Credit Limit: the amount for which COMFIN is willing to assume the Insolvency Risk on a Debtor. Debtor: debtor of a Receivable transferred by the CLIENT to COMFIN in the performance of the Agreement. Debtor Account: account held for accounting purposes in COMFIN’s accounts, in which all Receivables and accounting movements between an individual Debtor and the CLIENT are recorded. Debtor Bank Account: bank account through which Debtors can pay a transferred Receivable in a legally valid manner and without any further obligations after making payment. This account will be provided in the Special Terms and Conditions. Debtor Portfolio: total amount in outstanding transferred Receivables in the accounts of COMFIN at a given time. Delivery: the performance the CLIENT must deliver for its Debtor in the performance of the agreement between itself and its Debtor. ‘Delivery’ may refer both to goods and to services. The performance will be deemed to have been delivered when the Debtor has actually and definitively received and accepted the goods or services, in accordance with its order, free of defects, or if the services have been terminated. Dilution: refers to Receivables transferred to COMFIN that are not paid on the Debtor Bank Account (but e.g. directly to the CLIENT) Dilution is expressed as a percentage calculated based on a division, where the numerator shows the total amount in transferred Receivables derecognised by COMFIN during a specific period, without the amount being paid to COMFIN, and where the denominator shows the total amount in transferred Receivables derecognised by COMFIN during the same period. Direct Payment: payment of a Receivable to an account other than the Debtor Bank Account. Factorable Annual Revenue: total Volume of Receivables the CLIENT transfers or can transfer to COMFIN on an annual basis. Factoring Fee: fee charged by COMFIN for the services described in the Special Terms and Conditions, as provided in Article 5.
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Related to Credit Decision

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Term Loans or Revolving Credit Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • return decision means an administrative or judicial decision or act, stating or declaring the stay of a third-country national to be illegal and imposing or stating an obligation to return;

  • Final Decision means a final action of the commission determining the legal rights, duties, or privileges of any person. “Final decision” does not include preliminary, procedural, or intermediate actions by the commission, actions regulating the internal administration of the commission, or actions of the commission to enter into or refrain from entering into contracts or agreements with vendors to provide goods or services to the commission.

  • Final administrative decision means a decision by an agency

  • CPUC Decisions means CPUC Decisions 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000, 00-00-000 and any other existing or subsequent decisions, resolutions or rulings related to resource adequacy, as may be amended from time to time by the CPUC.

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • the decisions means the decisions of the CMA on the questions which it is required to answer by virtue of section 35 of the Act;

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

  • key decision * means an executive decision which is likely to:

  • Letter of Credit Disbursement means a payment made by Issuing Bank pursuant to a Letter of Credit.

  • Notice of Swingline Borrowing means a notice in the form of Exhibit F to be delivered to the Agent pursuant to Section 2.04 evidencing the Borrower’s request for a Swingline Loan.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Investment Decisions Investment, trading, lending or other financial decisions, strategies or recommendations with respect to Investments, whether on behalf of the Master Servicer or any Affiliate thereof, the Special Servicer or any Affiliate thereof, the Operating Advisor or any Affiliate thereof, the Certificate Administrator or any Affiliate thereof, or the Trustee or any Affiliate thereof, as applicable, or any Person on whose behalf the Master Servicer or any Affiliate thereof, the Special Servicer or any Affiliate thereof, the Operating Advisor or any Affiliate thereof, the Certificate Administrator or any Affiliate thereof, or the Trustee or any Affiliate thereof, as applicable, has discretion in connection with Investments.

  • Letter of Credit Default means with respect to a Letter of Credit, the occurrence of any of the following events:

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • Swingline Borrowing Request means a request by the Borrower substantially in the form of Exhibit C-2.

  • Loan Disbursement Handbook means ADB’s Loan Disbursement Handbook (2012, as amended from time to time);

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Adequacy Decision means a decision issued by the European Commission that a country or region or a category of recipients in such country or region is deemed to provide an “adequate” level of data protection.

  • Swing Line Borrowing means a borrowing of a Swing Line Loan pursuant to Section 2.04.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.