Starting Point of Credit definition

Starting Point of Credit means the earlier of:
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Starting Point of Credit means the earlier of the date on which (a) the KSURE Covered Facility has been fully drawn and (b) Substantial Completion of Subproject 3 (as defined in the Stage 2 EPC Contract) has occurred.
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Starting Point of Credit means the date of this Agreement.
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Examples of Starting Point of Credit in a sentence

  • This variable denotes the period, expressed in months, from the first Disbursement of the credit until the Starting Point of Credit.

  • The Audit Committee will have authority from the Council to amend procedures to mitigate any risk of bribery.

  • The First Repayment Date for all Loans made under this First Facility Letter is that date which falls no later than six months after the Starting Point of Credit and being on either 30 January or 30 July and subsequent Repayment Instalments must be repaid on each 30 January and 30 July falling after the First Repayment Date.

  • If not, how would any such transactions be considered to be in conformity with the interest rate provisions of the Arrangement?Response Except in cases of matching or in cases of humanitarian aid, all Canada Account transactions in the regional aircraft sector will comply with Article 7 ("Cash Payments"), Article 9 ("Starting Point of Credit"), Article 13 ("Repayment of Principal"), Article 14 ("Payment of Interest"), Article 17 ("Application of CIRR"), and Article 26 ("Validity Period of Export Credits").

  • An Interest Claim shall be a claim made prior to the Starting Point of Credit by the Company by the submission to the Facility Agent of an Interest Certificate, signed by the Company’s Signatory, in the form specified Schedule 4 (Form of Interest Certificate).

  • Starting Point of Credit: no change to the existing Arrangement definition nor flexibility in respect of interpretation.

  • The First Repayment Date for all Loans made under this Second Facility Letter is that date which falls no later than six months after the Starting Point of Credit and being on either 30 January or 30 July and subsequent Repayment Instalments must be repaid on each 30 January and 30 July falling after the First Repayment Date.

  • Downpayment: a minimum of 15% of Export Contract Value to be paid in advance before the Starting Point of Credit.


More Definitions of Starting Point of Credit

Starting Point of Credit means the date that signifies the completion of the Exporter's responsibility under the Supply Contract, excluding any acceptance, retention, and/or warranty periods. The latest eligible Starting Point of Credit is determined by transaction characteristics as follows:
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Starting Point of Credit the date of the expected commissioning, July 18, 2010 “Tax”: any tax, levy, impost, duty, charge, fee, deduction or withholding of any nature (including, without limitation, stamp tax and similar charge) which is at the date of execution of this Loan Agreement or thereafter imposed, levied, collected, withheld or assessed (i) in the Borrower’s Country or by any taxing authority thereof or therein or (ii) by any taxing authority (other than a taxing authority in or of Japan) purporting to exercise jurisdiction over the Borrower or (iii) in any state or country (other than Japan) from or through which the Borrower makes any payment under this Loan Agreement or otherwise performs this Loan Agreement;
Sample 1

Related to Starting Point of Credit

  • Cannabis cultivation facility means a person that:

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

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

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.