New Credit Support definition

New Credit Support has the meaning specified in Paragraph 3(c)(i).
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New Credit Support has the meaning set forth in Section 4.1(c) of this Settlement Agreement.
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New Credit Support has the meaning specified in Paragraph 3(c)(i). “Notification Time” has the meaning specified in Paragraph 11(c)(iv).
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Examples of New Credit Support in a sentence

  • Certain assets (being the Eligible Credit Support and/or, as applicable, the New Credit Support) required to be transferred by the Funding Counterparty to the Issuer from time to time under the Credit Support Annex that may be entered into following the occurrence of a Counterparty Downgrade.

  • Unless waived by LGE, any such failure would release LGE from its commitments under the Restructuring Agreement, including its commitment to provide the LGE New Credit Support.

  • On or after the Effective Date, pursuant to the terms and conditions of the Restructuring Agreement, LGE will provide the Debtor with the LGE New Credit Support.

  • The Credit Support Fee shall be payable monthly in arrears on the first Business Day of each month, commencing on the first such day closest to the fourth year anniversary of the Plan Effective Date and continuing on the first Business Day of each calendar month thereafter until all New Credit Support shall be replaced or terminated.

  • In no event shall Peabody be obligated to keep any New Credit Support in place after the fifth anniversary of the Plan Effective Date and the New Credit Support will be reduced over time as any New Credit Support rolls off or is reduced and not replaced.

  • The Facility Agent shall have received a copy of the Inventory of Hazardous Materials with respect to each New Credit Support Vessel, commencing on the date of the first drydocking of such New Credit Support Vessel after the Closing Date.3.

  • LGE New Credit Support...........................................

  • Certain assets (being the Eligible Credit Support and/or, as applicable, the New Credit Support) may be required to be transferred by the Funding Counterparty to the Issuer from time to time under the Credit Support Annex that may be entered into following the occurrence of a Counterparty Downgrade.

  • The terms and provisions (including, without limitation, the draw terms) of each of the Coal Act LC and the New Credit Support shall be satisfactory to Peabody, in its discretion as acceptable to the beneficiaries thereof.

  • If negotiations do not prove fruitful, the United States must be ready to act quickly to increase pressure on Iran to end its support for terrorist groups and its illegal nuclear program.

Related to New Credit Support

  • QFC Credit Support has the meaning specified in Section 11.21.

  • Credit Support Instrument" "Credit Support Provider"

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

  • Credit Support Amount has the meaning specified in Paragraph 3.

  • Credit Support Balance means, with respect to a Transferor on a Valuation Date, the aggregate of all Eligible Credit Support that has been transferred to or received by the Transferee under this Annex, together with any Distributions and all proceeds of any such Eligible Credit Support or Distributions, as reduced pursuant to Paragraph 2(b), Paragraph 3(c)(ii) or Paragraph 6. Any Equivalent Distributions or Interest Amount (or portion of either) not transferred pursuant to Paragraph 5(c)(i) or (ii) will form part of the Credit Support Balance.

  • Credit Support Annex means the Credit Support Annex annexed to this Agreement.

  • Alternate Credit Facility means any irrevocable direct pay letter of credit, insurance policy or similar credit enhancement or support facility for the benefit of the Trustee, the terms of which Alternate Credit Facility shall in all respects material to the registered owners of the Bonds be the same (except for the term set forth in such Alternate Credit Facility) as those of the Letter of Credit.

  • 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.

  • Credit Enhancement means, with respect to this Agreement, any credit enhancement or other credit support arrangement in support of the obligations of the Company hereunder or with respect hereto, including any guarantee, collateral arrangement (including any pledge, charge, mortgage or other security interest in collateral or title transfer arrangement), trust or similar arrangement, letter of credit, transfer of margin, reimbursement obligation or any similar arrangement.