Shared Credit definition
Examples of Shared Credit in a sentence
Maximum Shared Credit Enhancement Amount There shall be no Shared Credit Enhancement.
Stated Shared Credit Enhancement Amount There shall be no Shared Credit Enhancement.
Stated Shared Credit Enhancement Amount Stated Class A Credit Enhancement Amount There shall be no Shared Credit Enhancement.
Maximum Shared Credit Enhancement Amount Maximum Class A Credit Enhancement Amount There shall be no Shared Credit Enhancement.
In addition, any amounts paid to the Trustee as administrator of the Credit Enhancement on any Distribution Date with respect to the Total Available Credit Enhancement Amount, the Available Shared Credit Enhancement Amount or the Available Class B Credit Enhancement Amount pursuant to the terms of the Series Supplement also shall be deposited into the Credit Enhancement Account upon receipt of such funds by the Trustee.
For Sole Credit, for each original Series episode produced (excluding any pilots/presentations), , for a one-hour Series, or , for a half-hour Series; reducible, on a dollar-for- dollar basis, by any royalties payable to other credited writers to a minimum of fifty percent (50%) for Shared Credit.
For Sole Credit, Artist shall receive a Series Sale Bonus of , for a one-hour Series, or , for a half-hour Series reducible, on a dollar-for-dollar basis, by any series sale bonus payable to other credited writers to a minimum of fifty percent (50%) for Shared Credit.
If more than one Purchasing Credit Party is required on any date to purchase participations in Shared Credit Obligations of a Selling Credit Party denominated in any applicable currency, such Purchasing Credit Parties shall purchase such participations from such Selling Credit Party ratably in accordance with the outstanding Shared Credit Obligations of such Purchasing Credit Parties that are denominated in such currency.
In addition, any amounts paid to the Trustee as administrator of the Credit Enhancement on any Distribution Date with respect to the Total Available Credit Enhancement Amount or the Available Shared Credit Enhancement Amount pursuant to the terms of the Series Supplement also shall be deposited into the Credit Enhancement Account upon receipt of such funds by the Trustee.
Prior to such cancellation and rewriting, any costs and expenses in connection with any such Shared Credit Support Instrument shall be allocated between the Seller and the Company based on their respective amounts of business or claims supported thereby.