Credit Extension definition

Credit Extension means each of the following: (a) a Borrowing and (b) an L/C Credit Extension.

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Credit Extension means the making of a Loan.

Credit Extension means a Borrowing.

Examples of Credit Extension in a sentence

Each Request for Credit Extension (other than a Loan Notice requesting only a conversion of Loans to another Type or a continuation of Term SOFR Loans, Alternative Currency Term Rate Loans) submitted by any Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and (b) have been satisfied on and as of the date of the applicable Credit Extension.
Each request by the Company for the issuance or amendment of a Letter of Credit shall be deemed to be a representation by the Company that the L/C Credit Extension so requested complies with the conditions set forth in the proviso to the preceding sentence.
Use the proceeds of any Credit Extension, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose.
Receipt by the Administrative Agent of a Request for Credit Extension for the Loans to be made on the Second Amendment Effective Date.
No portion of the proceeds of any Credit Extension shall be used in any manner that causes or might cause such Credit Extension or the application of such proceeds to violate Regulation T, Regulation U or Regulation X of the Board of Governors or any other regulation thereof or to violate the Exchange Act.

More Definitions of Credit Extension

Credit Extension means each Advance or any other extension of credit by Bank to or for the benefit of Borrower hereunder.

Credit Extension means the making of an Advance or the issuance of a Facility LC hereunder.

Credit Extension is any Term Loan or any other extension of credit by Collateral Agent or Lenders for Borrower’s benefit.

Credit Extension is any Advance or any other extension of credit by Bank for Borrower’s benefit.

Credit Extension is any Advance, Letter of Credit, FX Forward Contract, amount utilized for Cash Management Services, or any other extension of credit by Bank for Borrower’s benefit.

Credit Extension means each of (i) the making of a Revolving Loan or Swingline Loan or (ii) the issuance, amendment, modification, renewal or extension of any Letter of Credit (other than any such amendment, modification, renewal or extension that does not increase the Stated Amount of the relevant Letter of Credit).

Credit Extension means, as the context may require, (i) the making of a Loan by a Lender or (ii) the issuance of any Letter of Credit, or the amendment, extension or renewal of any existing Letter of Credit, by the Issuing Bank.