Other Credit definition

Other Credit means a transaction, other than a payment, that reduces the Balance on an Elastic Account. This includes, but is not limited to, the forgiveness of a fee, cancellation of a Cash Advance in accordance with Paragraph 3, and other adjustments that reduce the Balance.
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Other Credit means any loan, advance, extension of credit or accommodation, other than the Credit: (a) made by the Bank and/or any other member of the Bank Leumi Group to, or for the benefit of, the Company that is now outstanding; and/or (b) now, or hereafter, committed, made or granted by the Bank to the Company. For the avoidance of doubt: (i) any loan or advance made by the Bank pursuant to a syndicated loan agreement (“syndicated loan agreement”) entered into after the date of this Agreement in respect of which the Bank and/or any other member of the Bank Leumi Group is, from the date any such loan or advance is advanced, one of a number of lenders (not being a member of the Bank Leumi Group) providing such loan or advance to the Company under such syndicated loan agreement, shall not constitute “Other Credit”, provided that any such syndicated loan agreement does not represent, directly or indirectly, the refinancing of any Indebtedness of the Company to the Bank which had not originally been advanced pursuant to a syndicated loan agreement; and (ii) Indebtedness to the Bank and/or any other member of the Bank Leumi Group under a derivative transaction shall not constitute and form part of the “Other Credit”, unless a default (or its equivalent) has occurred thereunder, in which case all Indebtedness, credit and other accommodation given thereunder shall constitute part of the “Other Credit”.
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Other Credit means any loan, advance, extension of credit or accommodation, other than the Credit: (a) made by the Bank and/or any other member of the Bank Leumi Group to, or for the benefit of, the Company that is now outstanding; and/or (b) now, or hereafter, committed, made or granted by the Bank to the Company. For the avoidance of doubt: (i) any loan or advance made by the Bank pursuant to a syndicated loan agreement (“syndicated loan agreement”) entered into after the date of this Agreement in respect of which the Bank and/or any [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, IS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED. other member of the Bank Leumi Group is, from the date any such loan or advance is advanced, one of a number of lenders (not being a member of the Bank Leumi Group) providing such loan or advance to the Company under such syndicated loan agreement, shall not constitute “Other Credit”, provided that any such syndicated loan agreement does not represent, directly or indirectly, the refinancing of any Indebtedness of the Company to the Bank which had not originally been advanced pursuant to a syndicated loan agreement; and (ii) Indebtedness to the Bank and/or any other member of the Bank Leumi Group under a derivative transaction shall not constitute and form part of the “Other Credit”, unless a default (or its equivalent) has occurred thereunder, in which case all Indebtedness, credit and other accommodation given thereunder shall constitute part of the “Other Credit”.
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Examples of Other Credit in a sentence

  • Reference to and Effect on the Credit Agreement and the Other Credit Documents.

  • Membership-Account Eligibility, Credit Report, Other Credit Union Services and Social Media - To join the Credit Union, you must meet the membership requirements, including purchase and maintenance of the minimum required share(s) “membership share” as set forth in the Credit Union’s Bylaws.

  • Credit Reports, Account Eligibility, Other Credit Union Services and Social Media To open or maintain any account(s) or service(s) with us, you must qualify for membership and deposit and maintain the par value of the required shares as provided by the Credit Union's Bylaws and other applicable laws.

  • Certain Amounts Relating to Letters of Credit or Other Credit Enhancements Securing the 2022 Series Mortgage Loans to Constitute Pledged Receipts or Recovery Payments.

  • Certain Amounts Relating to Letters of Credit or Other Credit Enhancements Securing the 2022 Series Mortgage Loans to Constitute Pledged Receipts or Recovery Payments 33 SECTION 507.

  • Assignment Completed Written Tests Minimum Performance of 60% Demonstration of Skills Oral Presentation Other Credit Attempted (days) Credit Earned (days) Beginning Date Ending Date Date Completed Secondary will have one of these sheets for “EACH” subject/class.

  • Other Credit Facilities and Arrangements Concurrently with the announcement of the acquisition, the Corporation entered into a new £300 million unsecured term loan with a syndicate of North American banks and the Corporation intends to draw approximately £350 million under its existing $4.25 billion syndicated credit facility to pay the balance of the purchase price and acquisition- related costs.

  • Additional California Environmental Credit Water and Other Credit Water shall be the first categories of water to Spill from any reservoir pursuant to Section 5.C.2.

  • S ECTION 1.D - IMPORTED WATER Imported Water may be used without regard to the requirements of the Settlement Act or this Agreement, except that Imported Water may only be stored in a Truckee River Reservoir as Other Credit Water or in accordan ce with Section 6.C.7.

  • Credit Reports, Membership- Account Eligibility, Other Credit Union Services and Social Media.


More Definitions of Other Credit

Other Credit. PARTIES: COMSYS IT PARTNERS, INC., a Delaware corporation By: Name: Dxxxx X. Xxxx Title: Senior Vice President — Corporate Development PFI LLC, a Delaware limited liability company By: Name: Dxxxx X. Xxxx Title: Senior Vice President — Corporate Development COMSYS IT CANADA, INC., a North Carolina corporation By: Name: Dxxxx X. Xxxx Title: Senior Vice President — Corporate Development ECONOMETRIX, LLC, a Delaware limited liability company By: Name: Dxxxx X. Xxxx Title: Senior Vice President — Corporate Development Consent and Seventh Amendment to Credit Agreement (COMSYS)
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Other Credit. The total termination fee payable by You to Your existing Service Provider and as set out overleaf.
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Related to Other Credit

  • Other Creditors shall have the meaning provided in the recitals of this Agreement.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Seller credit card means either of the following:

  • Final Agreement means the agreement signed and ratified by the Parties at the end of Stage 5 of the BCTC Process.

  • Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.

  • Customer Credit Liabilities means, at any time, the aggregate remaining balance reflected on the books and records of the Loan Parties at such time of (a) outstanding gift certificates and gift cards of the Loan Parties entitling the holder thereof to use all or a portion of the gift certificate or gift card to pay all or a portion of the purchase price for any Inventory, and (b) outstanding merchandise credits and customer deposits of the Loan Parties.

  • Amendment No. 3 means Amendment No. 3 to this Agreement, dated as of March 16, 2017, among the Loan Parties, the Lenders party thereto and the Administrative Agent.

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.

  • Actions or Proceedings means any action, suit, proceeding, arbitration or Governmental or Regulatory Authority investigation or audit.

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • Amendment No. 5 means that certain Amendment No. 5 to Credit Agreement, dated as of December 11, 2020, among the Borrower, the other Loan Parties party thereto, the Lenders party thereto, the Administrative Agent and the Collateral Agent.

  • the transaction means [the transaction by which X and Y have ceased to be distinct within the meaning of section 23 of the Act];

  • Amendment No. 4 means Amendment No. 4 to this Agreement, dated as of April 19, 2018, among the Loan Parties, the Lenders party thereto and the Administrative Agent.

  • Amendment No. 2 means that certain Amendment No. 2 to this Agreement dated as of the Amendment No. 2 Effective Date, by and among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto.

  • Amendment No. 7 means the Seventh Amendment to Amended and Restated Credit Agreement, dated as of March 28, 2019, among Borrower, each of the Lenders party thereto and the Administrative Agent.

  • Amendment No. 6 means Amendment No. 6 to Financing Agreement, dated as of April 15, 2022, among the Loan Parties party thereto, the Administrative Agent and the Lenders party thereto.

  • Amendment No. 8 means Amendment No. 8, dated as of March 31, 2017, to this Agreement.

  • Amendment No. 1 means that certain Amendment No. 1 to Credit Agreement, dated as of the Amendment No. 1 Effective Date, by and among the Borrower, the lenders party thereto and Administrative Agent.

  • FTR Credit Limit means the amount of credit established with PJMSettlement that an FTR Participant has specifically designated to be used for FTR activity in a specific customer account. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the FTR Participant may have with PJMSettlement.

  • Written agreement means a written agreement made pursuant to section 8. A written agreement may address new jobs, qualified new jobs, full-time jobs, retained jobs, or any combination of new jobs, qualified new jobs, full-time jobs, or retained jobs.

  • FTR Credit Requirement means the amount of credit that a Participant must provide in order to support the FTR positions that it holds and/or for which it is bidding. The FTR Credit Requirement shall not include months for which the invoicing has already been completed, provided that PJMSettlement shall have up to two Business Days following the date of the invoice completion to make such adjustments in its credit systems. FTR Credit Requirements are calculated and applied separately for each separate customer account. FTR Flow Undiversified:

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • Other Parties shall have the meaning set forth in Section 10.7(c).