Credit Extensions definition

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

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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

Administrative Agent shall have received a completed Committed Loan Notice and/or Letter of Credit Application, duly executed by a Responsible Officer of Borrower Representative with respect to any Credit Extensions to be made on the Closing Date.
Administrative Agent shall have received a Borrowing Base Certificate, dated the Closing Date and signed by a Financial Officer of Borrower Representative, prepared as of such date as Administrative Agent may elect, evidencing that, immediately after the making of the initial Credit Extensions and after giving effect to the Transactions (including the payment of all Transaction Expenses), Availability shall be at least $10,000,000.
Notwithstanding the foregoing, so long as no Event of Default under Section 8.1 or 8.5 shall have occurred and is continuing, a Lender shall not assign its interest in the Credit Extensions and Loan Documents to any Person who in the reasonable estimation of such Lender is a direct competitor of Obligors or their Subsidiaries.
This Agreement shall become effective on the Closing Date and, subject to Section 12.7, shall continue in full force and effect for so long as any Obligations remain outstanding or A&C has any obligation to make Credit Extensions under this Agreement.
The accounts or records maintained by the Administrative Agent and each Lender shall be prima facie evidence absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon.

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, 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.

Credit Extensions is defined in the first recital.