Integrated Credit definition

Integrated Credit means Party B provides Party A with a conditional undertaking for one or several kinds of credit support.
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Examples of Integrated Credit in a sentence

  • If both parties have signed an Integrated Credit Contract, one or more of the following guarantees will be adopted: x Security, the Maximum Amount Security Contract, numbered ▇▇▇ ▇▇▇ Zi __________.

  • This Contract is part of the No. ___________ Integrated Credit Contract.

  • Upon the indefeasible payment in full in cash of all of the Integrated Obligations and the occurrence of the Integrated Credit Termination Date, the Integrated Agent and the Integrated Lenders shall turn over to the Americana Agent all Collateral remaining in their possession.

  • This Agreement shall be an Integrated Loan Document pursuant to the Integrated Credit Agreement and shall (unless expressly indicated herein or therein) be construed, administered, and applied, in accordance with all of the terms and provisions of the Integrated Credit Agreement.

  • All proceeds of the Collateral received by the Integrated Agent on behalf of the Integrated Lenders shall be applied as provided in the Integrated Credit Agreement.

  • The Americana Agent and the Americana Lenders hereby irrevocably further agree not to demand, receive or accept on account of the Americana Obligations any payment prior to the Integrated Credit Termination Date.

  • Article 3: If the borrowing is drawn under a revolving line of credit of Integrated Credit Line or Non-Integrated Credit Line, within the loan period and loan amount limits Party A can apply for re-drawing of the repaid amount after obtaining approval from Party B.

  • Until the occurrence of the Integrated Credit Termination Date, all payments received by the Integrated Agent and the Integrated Lenders, or any of them, from the Obligors shall be applied as provided in the Integrated Credit Agreement.

  • All of the conditions precedent set forth in the Integrated Credit Agreement shall have been satisfied or shall have been waived by the administrative agent and lenders party thereto and the “Effective Date” as defined therein shall have occurred.

  • Until the Integrated Credit Termination Date, all cash, cash equivalents or other property owned, leased or held by or on behalf of the Obligors shall be subject to this Agreement and the Americana Lenders hereby agree that their right to receive any payment or distribution therefrom shall be expressly subordinate and junior in right of payment to the indefeasible payment in cash in full of the Integrated Obligations.