Reserved credit definition

Reserved credit means an available credit that has been with- drawn from the bank but which is not associated with a specific regu- latory requirement at the time of purchase. Purchase of reserved cred- its does not provide any guarantee that a project will be authorized under existing regulatory programs. Reserved credits are purchased at the buyer's sole risk.
Sample 1Sample 2Sample 3
Reserved credit means an available credit that has been withdrawn from the bank but which is not associated with a specific regulatory requirement at the time of pur- chase. Purchase of reserved credits does not provide any guarantee that a project will be authorized under existing reg- ulatory programs. Reserved credits are purchased at the buyer's sole risk.
Sample 1Sample 2Sample 3
Reserved credit means an available credit that has been withdrawn from the bank but which is not associated with a specific regulatory requirement at the time of purchase. Purchase of reserved credits does not provide any guarantee that a project will
Sample 1

Examples of Reserved credit in a sentence

  • Reserved credit earned before admission to a graduate degree program is classified as nondegree credit.

  • Reserved credit is an available credit that has been withdrawn from the bank but which is not associated with a specific regulatory requirement at the time of purchase.

  • Reserved credit earned be- fore admission to a graduate degree program is classified as nondegree credit.

  • Reserved credit can be returned to the account through the releaseReservation message.

  • Reserved credit earned before admission to a graduate degree pro- gram is classified as nondegree credit.

  • Reserved credit is an available credit that has been with- drawn from the bank but which is not associated with a specific regu- latory requirement at the time of purchase.

  • Reserved credit system in TDS – the money received for specific work on hold, should be marked as reserved until the issue is resolved.

  • Reserved credit is classified as nonde- gree credit and must fall within the six-year time limit for master’s degrees to be included on a program of study.

  • A description of a generalized user interface as well as an automated procedure for the operation of shipborne equipment are also included.

  • Binaural hearing helps normal-hearing listeners localize sound sources and understand speech in noise.

Related to Reserved credit

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

  • Earned credit means the amount of the bid incentive allocated to a contractor upon completion of a contract in which the contractor met or exceeded his or her goals for the utilization of BEPDs in the performance of the contract.

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • Five-Year Credit Agreement means the Five Year Credit Agreement dated March 31, 1999, among the Company, the Subsidiary Borrowers party thereto, the Lenders and the Administrative Agent, as Administrative Agent, as such agreement may be amended, restated or extended from time to time.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Closed-end credit means a credit transaction that does not meet the definition of open-end credit.

  • 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, Xxxxx 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.

  • Specified Credit Party means any Credit Party that is not an “eligible contract participant” under the Commodity Exchange Act.

  • Prepetition Credit Agreement has the meaning specified 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.

  • Company Credit Agreement means that certain Credit Agreement, dated as of January 28, 2019, by and between the Company, the lenders party thereto from time to time and SunTrust Bank, as administrative agent for the revolving lenders and as collateral agent for the secured parties thereunder.

  • Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

  • Senior Credit Support Depletion Date The date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.

  • Posted Credit Support means Posted Collateral and Other Posted Support.

  • Second Amended and Restated Credit Agreement shall have the meaning assigned to such term in the recitals of this Agreement.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Bank Credit Agreement means the Revolving Credit and Term Loan Agreement, dated as of January 26, 2015, by and among the Company and certain of its Subsidiaries, Bank of America, N.A., as administrative agent, and the other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • Credit Line Agreement means the related credit line account agreement for a Mortgage Loan executed by the related mortgagor and any amendment or modification of it.

  • Amended and Restated Credit Agreement has the meaning specified in the recitals to this Agreement.

  • SPV has the meaning assigned to such term in Section 9.04(e).

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Universal Credit means any payment of Universal Credit payable under the Welfare Reform Act 2012, the Universal Credit Regulations 2013, The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013, Universal Credit (Miscellaneous Amendments) Regulations 2013 and the Universal Credit (Transitional Provisions) Regulations 2014;

  • Non-Credit Party means any Restricted Subsidiary of the Borrower that is not a Credit Party.