Cash Credit definition

Cash Credit means a credit to a Cash Account, expressed in whole dollars and fractions thereof.
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Cash Credit means the unit for measuring the value of any fractional Profit Shares deferred under the Plan and the value of Hypothetical Dividends and Interest Credits.
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Cash Credit means the cash facilities that are extended by the Bank to the intermediary institutions to provide efficiency and convenience in their capital market transactions and to allow them, through early discharge of their settlement obligations, to make early use of their settlement receivables and to help in the deepening the markets;
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Examples of Cash Credit in a sentence

  • The credit for an NEDSCP Cash Credit shall be entered on the Company’s books of account effective as of the award date for such credit under the NEDSCP.

  • Cash Account: The Account which reflects the Compensation deferred by a Director pursuant to Section 11.3. Cash Credit: A credit to a Director's Cash Account, expressed in whole dollars and fractions thereof, pursuant to Section 11.3. Closing Price: The closing price of the Common Stock on the Composite Tape for New York Stock Exchange issues.

  • A Participant’s interest in his or her Deferred Stock Award Share Unit Account and Deferred Stock Award Cash Credit Account shall become nonforfeitable, or vest, as provided in the Deferred Stock Award Document.

  • Subject to the provision for adjustment hereinafter set forth, each Unit of Series B Preferred Stock shall entitle the holder thereof to one vote on all matters submitted to a vote of the holders of Common Stock of the Corporation.

  • At the end of each calendar year, or as of any other date designated by the Committee, each of a Participant’s Cash Credit Accounts described in Section 6.2(a) through (c) will be increased by Interest Credits, determined with respect to the average daily balance of each such Cash Credit Account during such year or relevant portion of the year.


More Definitions of Cash Credit

Cash Credit means an amount equal to $500,000,000.
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Cash Credit has the meaning set forth in Section 3.2.4 hereof.
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Cash Credit. A credit to a Director's Cash Account, expressed in whole dollars and fractions thereof, pursuant to Section 11.3.
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Cash Credit means the unit for measuring the value of Hypothetical Dividends and Interest Credits.
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Cash Credit means the credit that Current Customers will receive.
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Cash Credit means cash, if any, payable to individual Credit Class Members as calculated in accordance with the Agreement;
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Cash Credit means a cash adjustment of a payment obligation to a Customer in the form of an actual payment of cash to the Customer. CLAIM(S) means all litigation (at law or in equity or admiralty and before any Governmental Entity), suits, causes of action, proceedings, arbitrations, mediations, appeals, injunctions, stays, orders, proceedings, investigations, complaints, summons, subpoenas, demands, adverse verdicts, grievances, setoffs, claims (including Customer claims for Credits), losses, costs, expenses (including interest, penalties and reasonable attorneys' fees (including attorneys' fees on appeal) and disbursements), fines, Taxes, levies, imposts, duties, deficiencies, assessments, awards, charges, penalties, damages (whether direct or indirect, actual, punitive or consequential) or judgments (including those on or subject to appeal) of any kind or nature whatsoever. CLAIM NOTICE is defined in Section 8.3. CLOSING is defined in Section 7.1.
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