Credit instrument definition

Credit instrument means a letter of credit, surety bond, liquidity facility, insurance policy or comparable instrument furnished by a Credit Provider that is used by the Participant to meet all or a portion of any debt service reserve requirement securing the Bonds or any other bonds payable from the revenues of the Treatment Works, which bonds are on a parity with the Bonds.
Sample 1Sample 2Sample 3
Credit instrument means any agreement, oral or written, acknowledging an obligation to pay a sum or sums of money on demand, or at any future time or times;
Sample 1Sample 2Sample 3
Credit instrument means a writing which evidences a gaming debt owed to a person who holds a license at the time the debt is created, and includes any writing taken in consideration, consolidation, redemption or payment of a prior credit instrument.
Sample 1Sample 2Sample 3

Examples of Credit instrument in a sentence

  • Credit instrument payments shall be sold at the time of payment to the floating bank responsible for counter check accountability.

  • Credit instrument normally requires payment of interest and extends for time periods of 60-90 days or longer.

  • Credit instrument and the company are known in the capital market.

  • Particular interest in the PcCMPG1 gene and the encoded protein arose from its suspected function as a transcriptional regulator in pathogen defense (1).

  • It has sued the defendant, another incorporation registered in Zimbabwe and run by Gift Madhlayo, a structured finance consultant with 22 years experience in the business, for payment of the sum of $38 000-00 being the balance of money allegedly paid to the defendant in pursuance of an agreement in terms of which the defendant would facilitate the issuance of a 360 – Day Standby Letter of Credit instrument for US$500 000-00.


More Definitions of Credit instrument

Credit instrument means any agreement, whether in writing or not, acknowledging an obligation to pay a sum or sums of money on demand or at any future time or times;
Sample 1Sample 2Sample 3
Credit instrument means, collectively, each Additional Credit Instrument for the corresponding Series of Additional Authority Notes.
Sample 1Sample 2Sample 3
Credit instrument means a [writing] record which
Sample 1Sample 2Sample 3
Credit instrument means any agreement, whether in writing or not,
Sample 1Sample 2
Credit instrument means a writing which evidences a gaming debt owed to a person
Sample 1
Credit instrument means any agreement (written or otherwise) acknowledging an obligation to pay a sum of money on demand or at any future time.
Sample 1
Credit instrument means a [writing] record which evidences a gaming debt owed to a person who holds a nonrestricted license at the time the debt is created, and includes any [writing] record taken in consolidation, redemption or payment of a previous credit instrument.
Sample 1