Financial Accommodations definition

Financial Accommodations means arrangements for the extension of credit or other financial accommodation to one or more of the Vencor Companies, including committed or uncommitted lines of credit for advances or other financial accommodation, letters of credit, performance and surety bonds and the like, committed or uncommitted agreements for the purchase of accounts receivable or other financial assets, with or without recourse or repurchase obligation, forward and future contracts for purchase of bullion or foreign currencies and other similar arrangements and interest rate swaps and other similar arrangements, but excluding trade accounts payable arising in the ordinary course of business.
Sample 1
Financial Accommodations means arrangements for the extension of credit or other financial accommodation to the Issuer or one or more of the Guarantors, including committed or uncommitted lines of credit for advances or other financial accommodation, letters of credit, performance and surety bonds and the like, committed or uncommitted agreements for the purchase of accounts receivable or other financial assets, with or without recourse or repurchase obligation, forward and future contracts for purchase of bullion or foreign currencies and other similar arrangements and interest rate swaps and other similar arrangements, but excluding (i) trade accounts payable arising in the ordinary course of business and (ii) Debt under this Agreement.
Sample 1
Financial Accommodations shall include the financial accommodations as outlined in the Bank's offer letter of July 10, 1998 duly accepted by the Borrower), DIODES hereby guarantees to the Bank that the Borrower will promptly perform and observe every agreement to be performed or observed by the Borrower and that all sums stated to be payable in, or which become payable under the documents to which such Financial Accommodations are made ("the Financing Document(s)"), will be promptly paid in full when due whether at maturity or earlier by reason or acceleration or otherwise, together with interest due thereunder, or DIODES shall immediately upon receipt of written demand thereof, fully pay and otherwise discharge all such obligations of the Borrower. In case of one or more extensions of time of payment or renewals, in whole or in part, of any of the Financing Document(s), the same will be promptly paid or performed when due, according to each such extension or renewal, whether at maturity or earlier by reason of acceleration or otherwise.
Sample 1

Examples of Financial Accommodations in a sentence

  • Notwithstanding the foregoing, the Lender agrees to make Forbearance Period Financial Accommodations subject to and in accordance with the terms and conditions of the Loan Agreement, this Agreement, and the other Loan Documents, until the earlier of (i) the Forbearance Termination Date, or (ii) occurrence of a Termination Event.

  • Notwithstanding the foregoing, the Lender reserves the right to make, in its sole discretion, Forbearance Period Financial Accommodations subject to and in accordance with the terms and conditions of the Loan Agreement, this Agreement, and the other Loan Documents, until the earlier of (i) the Forbearance Termination Date, or (ii) occurrence of a Termination Event.

  • Lender is willing to provide the Additional Financial Accommodations, but solely on the terms and subject to the provisions set forth in this Third Amendment and the other agreements, documents and instruments referenced herein or executed and delivered pursuant hereto.

  • Lender is willing to provide the Financial Accommodations to Borrower, but solely on the terms and subject to the conditions set forth in this Loan Agreement and the other documents, instruments and agreements executed and delivered pursuant to this Loan Agreement or referenced herein.

  • A general summary of the primary WSU Financial Accommodations is set forth in Section 4.1 of the Plan, subject in all respects to the terms of the RSA.

  • The customer acknowledges and confirms its position and relationship with the HNB as an independent contractor.OrTo whom certain Financial Accommodations are granted by HNB in a value in excess of a sum of Rs.15.0 Mn (comprising exclusively of PFS facilities (Housing loans, Personal loans and leasing facilities and excluding facilities granted against cash deposits) whose salary is routed to an HNB account.2.2 Opening of An Account/Deposit with HNB is mandatory for HNB Priority Circle Members.

  • The Factors enable, provide, and aggregate the extension of trade credit to the Debtors by the provision of Financial Accommodations.

  • Hence, INVijt takes the following values: ⎧ 1⎨INVijt = ⎪0⎪⎩if an FDI operation is registered in sector i of country j otherwisein year t As a result, I will estimate a random-effects probit model on the specified panel.

  • As consideration for the WSU Financial Accommodations, Debtor and the estate release WSU and FMRE, and all of WSU and FMRE’s current and former agents, officers, directors, members of board of governors, employees, attorneys and their respective heirs, successors and assigns, of all claims, whether known or unknown, not including any ordinary course or other due and/or payable obligations pursuant to existing agreements among the parties.

  • Lender is willing to provide the Additional Financial Accommodations, but solely on the terms and subject to the provisions set forth in this Sixth Amendment and the other agreements, documents and instruments referenced herein or executed and delivered pursuant hereto.


More Definitions of Financial Accommodations

Financial Accommodations means, collectively, (a) any agreement ------------------------ relating to the issuance of standby letters of credit for the account of the Company or any Subsidiary up to an amount not to exceed $50,000,000 in the aggregate for all such agreements combined, (b) any agreement or instrument relating to money borrowed by any non-U.S. Subsidiary of the Company up to an amount not to exceed $50,000,000 in the aggregate for all such agreements and instruments combined, or (c) Interest Rate Protection Agreements related to, and in an aggregate notional amount not exceeding, indebtedness of the Company and its Subsidiaries.
Sample 1
Financial Accommodations means arrangements for the extension of credit or other financial accommodation to one or more of the Crown Companies, including committed or uncommitted lines of credit for advances or other financial accommodation, letters of credit, performance and surety bonds and the like, committed or uncommitted agreements for the purchase of accounts receivable or other financial assets, with or without recourse or repurchase obligation, forward and future contracts for purchase of bullion or foreign currencies and other similar arrangements and interest rate swaps and other similar arrangements, but excluding (a) trade-accounts payable arising in the ordinary course of business, (b) obligations arising after the Petition Date in respect of insurance policies or performance or surety bonds which are not themselves Guarantees of Debt (including drafts, acceptances or similar instruments evidencing the same and obligations in respect of letters of credit supporting the payment of the same) and (c) Debt, Letters of Credit and Commitments under this Agreement.
Sample 1
Financial Accommodations means an extension of credit facility.
Sample 1Sample 2
Financial Accommodations means arrangements for the extension of credit or other financial accommodation to one or more of the MHG Companies, including committed or uncommitted lines of credit for advances or other financial accommodation, letters of credit, performance and surety bonds and the like, committed or uncommitted agreements for the purchase of accounts receivable or other financial assets, with or without recourse or repurchase obligation, forward and future contracts for purchase of bullion or foreign currencies and other similar arrangements and interest rate swaps and other similar arrangements, but excluding (i) trade accounts payable and amounts owed to patients or residents arising after the Petition Date, in each case arising in the ordinary course of business, and obligations arising after the Petition Date in the ordinary course of business in respect of insurance policies or performance or surety bonds which are not themselves Guarantees of Debt (and drafts, acceptances or similar instruments evidencing the same and obligations in respect of letters of credit supporting the payment of the same) and (ii) Debt, Letters of Credit and Commitments under this Agreement.
Sample 1
Financial Accommodations means the credit facilities, capital notes or other obligations entered into by Celotex with the Trust and, if necessary, with third party lenders.
Sample 1
Financial Accommodations means arrangements for the extension of credit or other financial accommodation to one or more of the Vencor Companies, including committed or uncommitted lines of credit for advances or other financial accommodation, letters of credit, performance and surety bonds and the like, committed or uncommitted agreements for the purchase of accounts receivable or other financial assets, with or without recourse or repurchase obligation, forward and future contracts for purchase of bullion or foreign currencies and other similar arrangements and interest rate swaps and other similar arrangements, but excluding (i) trade accounts payable and amounts owed to patients or residents arising after the Petition Date, in each case arising in the ordinary course of business nor obligations arising after the Petition Date in respect of insurance policies or performance or surety bonds which are not themselves Guarantees of Debt (nor drafts, acceptances or similar instruments evidencing the same nor obligations in respect of letters of credit supporting the payment of the same) shall constitute Financial Accommodations and (ii) Debt, Letters of Credit and Commitments under this Agreement.
Sample 1

Related to Financial Accommodations

  • Transient accommodation means a room, group of rooms, or

  • residential accommodation means accommodation which is provided in—

  • Accommodations means the room or other space provided to transient guests for dwelling, lodging, or sleeping, including furnishings and other accessories, in a facility that is not a campground, hospital, nursing home, emergency shelter, or community mental health or community substance abuse treatment facility. Accommodations do not include food or beverages.

  • Public accommodation means each and every place, establishment, or facility, of whatever kind, nature, or class that caters or offers services, facilities, or goods for a fee or charge to nonmembers of any organization or association utilizing the place, establishment, or facility provided that any place, establishment, or facility that caters or offers services, facilities, or goods to the nonmembers gratuitously shall be deemed a public accommodation if the accommodation receives any governmental support or subsidy. Public accommodation shall not mean any bona fide private club or other place, establishment, or facility which by its nature is distinctly private except when such distinctly private place, establishment, or facility caters or offers services, facilities, or goods to the nonmembers for a fee or charge or gratuitously, it shall be deemed a public accommodation during such period.

  • Letter of Credit Accommodations means the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Lender for the account of Borrower or any Obligor or (b) with respect to which Lender has agreed to indemnify the issuer or guaranteed to the issuer the performance by Borrower of its obligations to such issuer.

  • Reasonable accommodation means necessary and appropriate modification and adjustments not imposing a disproportionate or undue burden, where needed in a particular case, to ensure to persons with disabilities the enjoyment or exercise on an equal basis with others of all human rights and fundamental freedoms;

  • Housing accommodation or "Dwelling" means any building, mobile home or trailer, structure, or portion thereof which is occupied as, or designed, or intended for occupancy, as, a residence by one or more families, and any vacant land which is offered to sale or lease for the construction or location thereon of any such building, mobile home or trailer, structure, or portion thereof or any real property, as defined herein, used or intended to be used for any of the purposes set forth in this subsection.

  • board and lodging accommodation means accommodation provided to a person or, if he is a member of a family, to him or any other member of his family, for a charge which is inclusive of the provision of that accommodation and at least some cooked or prepared meals which both are cooked or prepared (by a person other than the person to whom the accommodation is provided or a member of his family) and are consumed in that accommodation or associated premises;

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • accommodation unit in relation to any premises, means a building or section of a building occupied or used or intended for occupation or use for any purpose;

  • Financial Support means any loans, guarantees, Security or other financial assistance (whether actual or contingent).

  • Financial aid means loans and/or grants to needy students

  • Extensions of Credit means, as to any Lender at any time, (a) an amount equal to the sum of (i) the aggregate principal amount of all Revolving Credit Loans made by such Lender then outstanding, (ii) such Lender’s Revolving Credit Commitment Percentage of the L/C Obligations then outstanding, and (iii) such Lender’s Revolving Credit Commitment Percentage of the Swingline Loans then outstanding, or (b) the making of any Loan or participation in any Letter of Credit by such Lender, as the context requires.

  • Credit Party Obligations means, without duplication, (a) all of the obligations of the Credit Parties to the Lenders (including the Issuing Lender) and the Administrative Agent, whenever arising, under this Credit Agreement, the Notes, or any of the other Credit Documents to which any Credit Party is a party and (b) all liabilities and obligations owing from such Credit Party to any Lender, or any Affiliate of a Lender, arising under Hedging Agreements.

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

  • Financial Letter of Credit means any Letter of Credit other than a Performance Letter of Credit.

  • Financial Agreement means a financial agreement within the meaning of section 205ZN, 205ZO or 205ZP;(FLA s. 4(1))

  • Accommodation Payment as defined in Section 10.21(d).

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

  • Total Extensions of Credit at any time, the aggregate amount of the Extensions of Credit of the Lenders outstanding at such time.

  • Commercial Letters of Credit means those letters of credit subject to the UCP payable in Dollars and issued or caused to be issued by Lender on behalf of Borrower under a Loan Facility for the benefit of a supplier(s) of Borrower in connection with Borrower's purchase of goods or services from the supplier in support of the export of the Items.

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

  • Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 19.

  • Place of public accommodation means any building or structure in which goods are supplied or services performed, or in which the trade of the general public is solicited.

  • Financial assurance means a commitment of funds or resources by an operator to a regulatory authority that satisfies the requirements in s. 14 and is sufficient to pay for reclamation activities required by this chapter.

  • Hedging Liability means the liability of the Borrower or any Guarantor to any of the Lenders, or any Affiliates of such Lenders in respect of any Hedging Agreement as the Borrower or such Guarantor, as the case may be, may from time to time enter into with any one or more of the Lenders party to this Agreement or their Affiliates, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor).