Credit Estimate definition

Credit Estimate means, with respect to any Collateral Loan, a credit estimate obtained from S&P in accordance with the S&P’s “Credit Estimate Information Requirements” dated April 2011 and any other available information S&P reasonably requests in order to produce a credit estimate for a particular asset.
Credit Estimate means, with respect to any Collateral Obligation, a numerical value representing a credit estimate obtained from DBRS.
Credit Estimate means, with respect to any Collateral Obligation, a numerical value representing or derived from a credit estimate obtained from Moody’s, S&P or DBRS.

Examples of Credit Estimate in a sentence

  • Thereafter, the Borrower (or the Collateral Manager on the Borrower’s behalf) shall provide updated information available to it relating to such Collateral Obligation as may reasonably be requested by Xxxxx’x or S&P, as applicable, and apply to Xxxxx’x or S&P, as applicable, for an updated Credit Estimate such that an updated Credit Estimate is assigned not less than every six months after the original assignment.

  • Promptly upon the Borrower’s, the Fund’s or the Collateral Manager’s receipt of any such updated Credit Estimate from Xxxxx’x or S&P, as applicable, the Borrower (or the Collateral Manager or the Fund on the Borrower’s behalf) shall deliver such updated Credit Estimate to the Collateral Agent.

  • With respect to any Collateral Obligation with a Credit Estimate, such Credit Estimate has been assigned by Xxxxx’x or S&P within six months of the Borrowing Date.


More Definitions of Credit Estimate

Credit Estimate means a rating assigned by S&P, at the request of the Protection Buyer, to any Reference Obligation.16. Contact and Account DetailsContact Details for Notices:Protection Buyer:Tour Société Générale 17 cours Valmy92987 Paris La Défense Cedex Telephone No: + 33 1 42 13 31 60Facsimile No: + 33 1 42 13 44 17 Attention: Sovanna MenigozOPER/FIC/EXOProtection Seller:HSBC Bank plc (as Notice Agent) 8 Canada Square London E14 5HQFacsimile No: + 44 20 7260 8932Attention: Corporate Trust and Loan Agency,the Manager, BPA Deskcc: Claris Limited 22 Grenville Street St. HelierJersey JE4 8PXFacsimile No: + 44 1534 609 333 Attention: Company SecretaryAccount Details:Protection Buyer:For the Account of: Société Générale ParisName of Bank: Société Générale, ParisRef: OPER/FIC/EXOSWIFT Code: SOGEUS33Account number: 187011Protection Seller:Name of Intermediary Bank: HSBC Bank NY SWIFT Code: MRMDUS33For account number: 23868For account name: HSBC Bank plcSWIFT Code: MIDLGB22Account number: 58561945Ref: Claris 106/2007-3Offices:Protection Buyer:ParisProtection Seller:St. Helier, JerseyThis Confirmation shall be governed by and construed in accordance with English law.Please confirm your agreement to be bound by the terms of the foregoing by executing a copy of this Confirmation and returning it to us by facsimile.Yours faithfully,SOCIÉTÉ GÉNÉRALEBy:Name:Title: Confirmed on the date first above written:CLARIS LIMITEDBy:Name:Title:Annex A to the Credit Default Swap Confirmation- Definitions
Credit Estimate means, with respect to any Collateral Loan, a credit estimate rating obtained from Moody’s.
Credit Estimate means, with respect to any Collateral Loan, a credit estimate obtained from S&P in accordance withthe S&P’s ““Anatomy of a Credit Estimate Information Requirements” dated April 2011: What It Means and How We Do It” dated January 14, 2021 and any other available information S&P reasonably requests in order to produce a credit estimate for a particular asset.

Related to Credit Estimate

  • Estimate means to be based on technical evaluation of the sources contributing to the discharge including, but not limited to, pump capabilities, water meters, and batch discharge volumes.

  • 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.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

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