Credit Term definition

Credit Term means the term determined by Stevenson over which the Account will remain open.
Credit Term means the period commencing on the day after the transfer date and ending on the day on which the final payment is required to be made:
Credit Term means the years during the Fee Term in which the Infrastructure Credit is applicable, as described in Section 5.1.

Examples of Credit Term in a sentence

  • All discrepancies or disputes must be sent in writing to Relay within sixty (60) days from the date on which the disputed item first appears on Member’s account statement or the Credit Term Sheet or such dispute will be considered final and binding and unconditionally waived by Member and Signer.

  • The Parties acknowledge the possibility that a change in Law (including in the interpretation thereof) may occur that requires or will require one or both of the Parties to incur additional costs during the Capacity Credit Term beyond those projected to be incurred by such Party as of the Effective Date.

  • Certain of the parties hereto have heretofore entered into that certain Revolving Credit, Term Loan and Guaranty Agreement, dated as of January 9, 2007 (the Original Credit Agreement , and as amended and restated as of November 20, 2007 and in effect immediately prior to the effectiveness of this Amended and Restated Revolving Credit, Term Loan and Guaranty Agreement, the Existing Credit Agreement ).

  • In the event the Member defaults on its obligations hereunder, a Late Fee and/or penalty interest (“Penalty APR”) as specified on the Credit Term Sheet shall apply to the outstanding past due balance.

  • Notwithstanding anything to the contrary herein or in the Confidentiality Agreement, Buyer shall be entitled to disclose to any Governmental Authority as a matter of right, without seeking any confidential treatment therefor, Seller’s name, the Capacity Credit Term, the type, nature, and a general description of the Transaction, and amount and type of capacity credits under contract pursuant to this Agreement.


More Definitions of Credit Term

Credit Term means the period commencing on the day after the Transfer Date and ending
Credit Term. Means the period of time during which this Agreement shall be in force in accordance with the provisions hereof, such period being specified in subsection k) of "Annex E".
Credit Term means the Buyer receives the Bunker Fuel and makes payment after a period of time based on the agreement between two parties.
Credit Term means the term over which the Account will remain open. “Customer” means the customer named in the Account Application Form and where the Customer comprises two or more persons, means those persons jointly and severally.
Credit Term means the time that the lender releases loan to the borrower, it’s the term during which the lender will release the loan, not the term during which the borrower will use the loan. The loan term shall be confirmed by both parties.
Credit Term has the meaning given in the Capital Contribution Agreement.
Credit Term means, with reference to each Monthly Valuation Date and to the Receivables comprising the Portfolio transferred to the Issuer during the Monthly Collection Period which ends on such Monthly Valutation Date, the average time between the Receivable Invoice Date and the Receivable Due Date, this figure being expressed in number of months and rounded to the nearest 0.1 (zero point one).