Foreign Credit Lines definition

Foreign Credit Lines means any and all committed or uncommitted credit lines and invoice, commercial paper or draft discounting and other similar credit facilities of Foreign Subsidiaries from banks or other financial institutions which are currently or may in the future become available for such Foreign Subsidiaries, other than any such lines or facilities the utilization of which require that the relevant Foreign Subsidiaries satisfy conditions which cannot currently be met; the amount of any Foreign Credit Line shall refer to the maximum amount that can currently be outstanding to the respective Foreign Subsidiaries under such lines or facilities, including, without limitation, the face amount of letters of credit and contingent obligations with respect to guaranties and similar obligations issued in relation or pursuant thereto.
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Foreign Credit Lines means all unsecured committed or uncommitted -------------------- lines of credit to which any Foreign Subsidiary is a party from time to time. The Foreign Credit Lines as of November 28, 1999 are listed on Schedule 1.1(a). ---------------
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Foreign Credit Lines means (a) all credit lines and invoice, commercial paper or draft discounting and other similar facilities and, without duplication, the face amount of letters of credit and contingent obligations with respect to guaranties and similar obligations issued in relation or pursuant thereto, of one or more Foreign Subsidiaries of the U.S. Borrower (other than Indebtedness consisting of the intercompany loans and advances permitted under Section 6.01(b)) but including any bank guaranties of leases) and (b) the sale of accounts receivable, customer drafts and similar rights of payment from customers of such Persons in the ordinary course of business on a non-recourse basis pursuant to the terms of relevant agreements or arrangements.
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Examples of Foreign Credit Lines in a sentence

  • SCHEDULE 6.01(b) TO THE CREDIT AGREEMENT Letters of Credit and Foreign Credit Lines Standby Letters of Credit L/C Expire Evergreen L/C No. Beneficiary $ Amount Date Clause Purpose of L/C Chase Manhattan Bk [XXX]1 Ins Co of N.

  • As of May 31, 2020, the Company had approximately $576 million drawn and outstanding on the Foreign Credit Lines.

  • However, if the transport layer isTCP, the sender TCP does not receive acknowledgment for its segment and sends it again.

  • For example, it would adversely affect: • the Company’s ability to raise additional capital; • the Company’s liquidity, including its ability to access the Foreign Credit Lines; • how the Company’s business is viewed by regulators, investors, lenders, and credit ratings agencies; • the Company’s enterprise value; and • the Company’s relationships with customers and vendors.

  • For example, “AEON Gift 2020” campaign, AEON credit cardholders register via SMS or AEON Thai Mobile Application or website in order to redeem the premiums and vouchers, “AEON Shop Smart” campaign, and cash back campaign.

  • The Company recognizes the importance of its business partners around the world, including its joint venture counterparties and lenders under the Foreign Credit Lines, and structured the Restructuring Transactions to have no impact on those critical relationships.

  • Approximately 35 Foreign Credit Lines are currently available, spread among approximately 30 lenders, the four largest of which are identified in the following table: The Foreign Credit Lines may be unsecured or secured by certain assets of the Foreign Borrowers, consisting primarily of receivables and tobacco inventory on hand.

  • Certain of the lenders under the Foreign Credit Lines renewed their commitments prior to the Solicitation Date but included covenants in respect of these Chapter 11 Cases, while others entered into limited waiver agreements or amendments in respect of termination events that may be caused by the commencement of these cases and related consequences.

  • Ambient and interstitial aerosol properties are measured using several different techniques to characterize: number, size, thermal properties, morphology, chemistry, and light absorption.

  • Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in the Plan.3 Unless otherwise indicated, all Claim amounts in this Disclosure Statement and accompanying exhibits are estimates as of the Petition Date, Classes 3 and 4 reflect outstanding principal only, and Class 5 reflects the approximate principal amount of the Foreign Credit Lines that is guaranteed by Pyxus.4 As of March 31, 2020.


More Definitions of Foreign Credit Lines

Foreign Credit Lines means a credit facility or similar credit arrangement (including any arrangement in connection with Permitted Vendor Indebtedness) made available by a financial institution to Foreign Subsidiaries or their customers, as applicable.
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Foreign Credit Lines means (a) all credit lines and invoice, commercial paper or draft discounting and other similar facilities and, without duplication, the face amount of letters of credit and contingent obligations with respect to guaranties and similar obligations issued in relation or pursuant thereto, of European Borrower and one or more Subsidiaries of European Borrower, including Foreign Joint Venture Subsidiaries (other than Indebtedness consisting of the intercompany loans and advances permitted under Section 6.3(v) but including any bank guaranties of leases) and (b) the sale of certain accounts receivable, customer drafts and similar rights of payment from customers of such Persons in the ordinary course of business on a non-recourse basis pursuant to the terms of relevant agreements or arrangements.
Sample 1
Foreign Credit Lines means all credit lines and other Indebtedness for borrowed money, however evidenced, and invoice, commercial paper or draft discounting and other similar facilities and, without duplication, the face amount of letters of credit and contingent obligations with respect to guaranties and similar obligations issued in relation or pursuant thereto, of Foreign Subsidiaries (other than facilities established pursuant to Foreign Loan Agreements).
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Related to Foreign Credit Lines

  • Revolving Credit Limit has the meaning set forth in the Schedule.

  • FTR Credit Limit means the amount of credit established with PJMSettlement that an FTR Participant has specifically designated to be used for FTR activity in a specific customer account. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the FTR Participant may have with PJMSettlement.

  • Letter of Credit Limit means $5,000,000.

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Letter of Credit Liabilities means, for any Bank and at any time, such Bank's ratable participation in the sum of (x) the amounts then owing by the Borrower in respect of amounts drawn under Letters of Credit and (y) the aggregate amount then available for drawing under all Letters of Credit.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Credit Line as defined in Section 2.1.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Letter of Credit Liability means the sum of (x) aggregate amount of the undrawn stated amount of all outstanding Letters of Credit plus (y) the amount drawn under Letters of Credit for which the Letter of Credit Issuer and the Lenders, or any one or more of them, have not yet received payment or reimbursement (in the form of a conversion of such liability to Loans, or otherwise) as required pursuant to Section 2.8.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender to the Borrower.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Credit Outstandings means, at any particular time, the sum of (a) the principal amount of the Revolving Loans outstanding at such time, (b) the Letter of Credit Obligations outstanding at such time and (c) the principal amount of the Swing Loans outstanding at such time.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Total Revolving Credit Outstandings means the aggregate Outstanding Amount of all Revolving Credit Loans, Swing Line Loans and L/C Obligations.

  • Aggregate Revolving Credit Outstandings shall have the meaning provided in Section 5.2(b).

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.