Credit Partner definition

Credit Partner means a Bank or a Non­ Banking Finance Company (NBFC) who at its sole discretion may sanction credit facility on card to an applicant applying for XTRAPOWER membership.
Sample 1

Examples of Credit Partner in a sentence

  • Notwithstanding the foregoing, nothing contained herein shall affect the rights of Senior Lenders or the Tax Credit Partner, nor shall anything contained herein subordinate the lien of any Senior Lender to any rights of TCAC hereunder.

  • BY JV Partner and or Credit Partner- READ CAREFULLY: The Service provider has informed the JV/CP, and the JV/CP acknowledges having been informed that the benefits described above involves the direct participation and active involvement of the JV/CP.

  • The application for finance is now complete, with verbal confirmation provided directly to the Director of Adults and Communities by the lender of its approval by its Credit Partner.

  • In order to limit the concentration of risk to a specific institution’s creditworthiness, we propose to implement the following Credit (Partner) Limits: Partner Risk Category(Maximum Exposure as a Percentage of Total Portfolio in EUR) Country risk and limits:Alterfin invests in developing countries that are subjectto significant country risks.

  • Applications for smaller fleet sizes are subject to specific approval of BPCL and / or the Credit Partner.

  • Credit (Partner) risk and limits:Alterfin invests in institutions that in turn fund crops, sustainable agriculture production investments or assign loans to persons who often cannot put forward realistic collateral.

  • The nonbank companies are CIT Strategic Credit Partner Holdings, LLC, and CIT Northbridge Credit, LLC, both of New York, New York.

  • QTIPL shall rely on the communication received from the Credit Partner and the Establishment respectively for discharging its obligations towards the User.

  • The Board further proposes that the Company’s new name be:As a first alternative: Aldexa AB; Secondly, if this is not possible: Aldexa Group AB; Thirdly: Aldexa Credit Partner AB; As a fourth option: Aldexa Capital Partner AB; Or, as a fifth alternative: Aldexa Credit Management AB; conditional upon any of these names getting registered and approved by the Swedish Companies Registrar (“Bolagsverket”).

  • Termination of the agreement may occur if changes in any of the following make it impossible to continue cooperatively offering courses: the mission of either EKU or The Dual Credit Partner, funding, state or federal regulations, or policies of accrediting bodies of either institution.

Related to Credit Partner

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Borrower Party means any one of them.

  • Borrower as defined in the preamble hereto.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Credit Parties means the Borrower and the Guarantors.

  • Parent Borrower as defined in the preamble hereto.

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Loan Party means any one of them.

  • Lender Parent means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.

  • Domestic Credit Party means any Credit Party which is incorporated or organized under the laws of any State of the United States or the District of Columbia.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Initial Borrower has the meaning set forth in the preamble hereto.

  • Borrower Parties means the collective reference to the Borrower and the Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • General Partner has the meaning set forth in the Preamble.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Non-Credit Party means any Restricted Subsidiary of the Borrower that is not a Credit Party.

  • The Borrower has advised the Banks that the Borrower is currently working on a revised business plan which will include, among other things, a request to restructure the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions concerning the proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, an April 14, 2000, letter agreement, a May 5, 2000, letter agreement, a May 19, 2000, letter agreement, a June 1, 2000, letter agreement, a June 9, 2000, letter agreement, a June 16, 2000, letter agreement, a June 29, 2000, letter agreement, a July 21, 2000, letter agreement, an August 11, 2000, letter agreement, and a September 8, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, as of March 31, 2000, as of June 30, 2000, and as of September 30, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to October 13, 2000 (the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from September 29, 2000, to the Waiver Termination Date, and (iii) amend the due date for the payment of principal, interest and unused commitment fees otherwise due on or before September 30, 2000, with respect to the Revolving Credit and the Term Loans (including such payments described in Sections 2.1 and 2.2 of the Seventh Amendment) to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from September 29, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, as of March 31, 2000, as of June 30, 2000, and as of September 30, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to amend the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before September 30, 2000, with respect to the Revolving Credit and the Term Loans (including such payments described in Sections 2.1 and 2.2 of the Seventh Amendment) to the Waiver Termination Date, provided that:

  • Holdings as defined in the preamble hereto.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.