Credit Extension definition
Credit Extension means each of the following: (a) a Borrowing and (b) an L/C Credit Extension.
Credit Extension means the making of a Loan.
Credit Extension means a Borrowing.
Examples of Credit Extension in a sentence
Each request by the Borrower for the issuance or amendment of a Letter of Credit shall be deemed to be a representation by the Borrower 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 for any purpose which would breach the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010, or other similar applicable anti-corruption legislation in other jurisdictions.
More Definitions of Credit Extension
Credit Extension means the making of an Advance or the issuance of a Facility LC hereunder.
Credit Extension means each Advance or any other extension of credit by Bank to or for the benefit of Borrower 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 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 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, 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.