Replacement Credit definition

Replacement Credit means a credit issued by us at our discretion that can be redeemed at a Retail Partner store of our choice for you to purchase a replacement Appliance.
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Replacement Credit means an Environmental Product delivered by a Warranting Seller in satisfaction of its Revocation Obligations in respect of a Revoked Credit, which Replacement Credit meets the delivery specifications of the Physically Settled Environmental Futures Transaction under which the Revoked Credit was delivered by the Warranting Seller;
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Replacement Credit means a credit issued by Us at Our discretion that can be redeemed at a Smiths City store of Our choice for You to purchase a replacement Appliance.
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Examples of Replacement Credit in a sentence

  • During the Warranty Period, a Warranty Replacement Credit toward Replacement Product shall be 100%.

  • A Warranty Replacement Credit may be redeemed for Replacement Product and does not have any other value.

  • The other Party shall return the original Credit Support to the Party causing the Replacement Credit Support to be issued within five (5) Business Days after receipt of the Replacement Credit Support.

  • The Replacement Credit Card and subsequent renewals of it must be used instead.

  • Assignor shall remain liable to Southern for the performance of all obligations under the Assigned Agreement; provided, however, when Assignee has delivered to Southern its Replacement Credit Support (the “Release Condition”) and the other Closing requirements have been satisfied, then Assignor (but not Assignee) shall be fully and unconditionally released from any and all obligations arising under the Assigned Agreement without any further action by any Person.

  • Simultaneously with the Closing, Assignee shall deliver to Southern the Replacement Credit Support, and, upon the Closing and Southern’s receipt and acceptance of the Replacement Credit Support, Southern will release and return to Assignor the Existing Credit Support.

  • State Tax Replacement Credit - The State Tax Replacement Credits other than against levied taxes are received during the months of December and March each fiscal year.

  • In connection therewith, Purchaser shall pay all costs and fees of the Lender, including Lender’s legal fees and all applicable transfer fees and costs, in connection with obtaining such release of the Carlyle Guarantors under the Seller Credit Support Agreements and the provision of the Replacement Credit Support Agreements.

  • If such Refinancing Indebtedness is intended to constitute a Replacement Credit Agreement, the Company shall so state in its Designation.

  • Purchaser and Credit Support 44 Section 17.1 Purchaser Guaranty 44 Section 17.2 Draws on Credit Support 44 Section 17.3 Replacement Credit Support 45 Section 17.4 Financial Statements 45 Section 17.5 Security is Not a Limit on Liability 45 Section 17.6 Release of Credit Support 45 Article 18.


More Definitions of Replacement Credit

Replacement Credit means the excess of the sum of the amounts stated pursuant to Items (vi) and (vii) of the Maintenance Certificate over the amount stated pursuant to Item (iii).
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Related to Replacement Credit

  • Replacement Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Replacement Card means a renewal or replacement Card issued to you by us;

  • Replacement Reserve Agreement means a Replacement Reserve and Security Agreement, reasonably required by the Lender, and completed in accordance with the requirements of the DUS Guide.

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Replacement Facility means 1 of the following:

  • Replacement Reserve As defined in Section 9.5.1.

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • First draw sample means a one−liter sample of tap water that has been standing in plumbing pipes at least 6 hours and is collected without flushing the tap.

  • Replacement Reserve Fund shall have the meaning set forth in Section 7.3.1 hereof.

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Replacement Benchmark means a benchmark rate which is:

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • Liquidity Facility “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Replacement Engine means a [Engine Manufacturer and Model] engine (or an engine of the same or another manufacturer of a comparable or an improved model and suitable for installation and use on the Airframe with the other Engine (or any other Replacement Engine being substituted simultaneously therewith)) that shall have been made subject to the Lien of the Indenture pursuant to Section 7.04 or Section 7.05 thereof, together with all Parts relating to such engine, but excluding items installed or incorporated in or attached to any such engine from time to time that are excluded from the definition of Parts.

  • Replacement Loans has the meaning specified in Section 10.01.

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Replacement Interest Rate Cap Agreement means an interest rate cap agreement from an Acceptable Counterparty with terms identical to the Interest Rate Cap Agreement except that the same shall be effective in connection with replacement of the Interest Rate Cap Agreement following a downgrade, withdrawal or qualification of the long-term unsecured debt rating of the Counterparty; provided that to the extent any such interest rate cap agreement does not meet the foregoing requirements, a “Replacement Interest Rate Cap Agreement” shall be such interest rate cap agreement approved in writing by each of the Rating Agencies and Lender with respect thereto.

  • Class B Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.