Credit Extensions definition

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

Credit Extensions means the Loans and the Letters of Credit.

Credit Extensions means (a) an Advance made by any Lender, and (b) the issuance, increase or extension of any Letter of Credit by the Issuing Lender.

Examples of Credit Extensions in a sentence

• The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon.

• The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrowers and the interest and payments thereon.

• The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business.

• Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.

• Notwithstanding the foregoing, Bank shall have the right to terminate its obligation to make Credit Extensions under this Agreement immediately and without notice upon the occurrence and during the continuance of an Event of Default.

More Definitions of Credit Extensions

Credit Extensions as of any day, shall be equal to the sum of (a) the principal balance of all Loans then outstanding, and (b) the then amount of the Letter of Credit Outstandings.

Credit Extensions means as of any day, the sum of (a) the principal balance of all Loans then outstanding, and (b) the then amount of the Letter of Credit Outstandings.

Credit Extensions means each Credit Extension as defined in the Credit Agreement.

Credit Extensions means (a) an Advance made by any Lender and (b) the issuance, increase, or extension of any Letter of Credit by the Issuing Lender.

Credit Extensions means, collectively, the Canadian Credit Extensions, the UK Credit Extensions and the Domestic Credit Extensions.

Credit Extensions means all of the following: (a) the Term Loans; and (b) all Protective Advances.

Credit Extensions shall have the meaning set forth in the third recital.