Extend credit definition

Extend credit means to make or renew any loan or to enter into
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Examples of Extend credit in a sentence

  • Extend credit in the form of Loans to Applicants it deems eligible to be Borrowers and fund the Loans in amounts as it determines appropriate to extend credit thereto.

  • Extend credit to others for the purpose of buying or carrying any "margin stock" in such a manner as to violate Regulation T, Regulation U or Regulation X or use the proceeds of any Advance to purchase or carry Margin Stock or, without limiting the foregoing, have more than twenty percent (20%) of its total Assets constitute Margin Stock.

  • Extend credit to or make any advance, loan, contribution or payment of money or goods to any person or Entity.

  • Extend credit other than normal and prudent extensions of credit to customers for goods and services in the ordinary course of business.

  • Extend credit to Borrowers in the form of Loans and fund the Loans.

  • Extend credit or account for loans and leases other than in accordance with existing lending policies and accounting practices.

  • Extend credit to others for the purpose of buying or carrying any "margin stock" in such a manner as to violate Regulation T, Regulation U or Regulation X.

  • Extend credit to others for the purpose of buying or carrying any “margin stock” in such a manner as to violate Regulation U or Regulation X or use any portion of any Advance in violation of Regulation U or Regulation X.

  • Extend credit to or make any advance, loan or contribution to any person, business venture or entity.

  • Extend credit or account for loans and leases other than in accordance with existing lending policies and accounting practices, or make any new loan, a loan extension or renewal in a principal amount which exceeds $500,000, other than in accordance with the loan reporting process agreed to by the Parties.

Related to Extend credit

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, ▇▇▇▇▇ Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • ABL Credit Agreement as defined in the recitals hereto.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.