Subsidiary Credit definition

Subsidiary Credit means the credit provided by each Entity to a Participating Utility under a Subsidiary Credit Agreement.

Subsidiary Credit means a credit provided under a Subsidiary Credit Agreement (defined hereinafter); and

Subsidiary Credit means a credit provided under a Subsidiary Credit Agreement (as defined hereafter); and

Examples of Subsidiary Credit in a sentence

• For the avoidance of doubt, it is understood and agreed that (i) this Section 7.4 shall not relieve the Borrower from complying with Section 6.8(b) and (ii) dispositions by any Existing Utility Subsidiary of its transmission assets permitted pursuant to the Subsidiary Credit Agreements shall not constitute a disposition of all or substantially all of the assets of the Borrower.

• Each such Subsidiary shall be authorized, in accordance with its respective organizational documents, to be a Subsidiary Credit Party hereunder and to execute such Security Documents as Agent may require.

• The Borrower shall exercise its rights under the Subsidiary Credit Agreements in such a manner as to protect the interests of the Borrower and the Association and to accomplish the purposes of the Program, and, except as the Association shall otherwise agree, the Borrower shall not assign, amend, abrogate or waive the Subsidiary Credit Agreements or any provision thereof.

• Parent Borrower shall further cause all representations, covenants and agreements in the Loan Documents with respect to the Subsidiary Credit Parties to be true and correct with respect to each such Subsidiary from and after the date such Subsidiary executes and delivers a Joinder Agreement.

• Each of the assignments of leases and rents from the Parent Borrower or a Subsidiary Credit Party to the Agent now or hereafter delivered to secure the Obligations, as may be modified or amended.

More Definitions of Subsidiary Credit

Subsidiary Credit means the portion of the Credit made available to the Federation and Republika Srpska under the FETF Subsidiary Financing and Project Implementation Agreement and RETF Subsidiary Financing and Project Implementation Agreement, as the case may be; and

Subsidiary Credit means the credit to be made by the Recipient to an Entity out of the proceeds of the Financing under a Subsidiary Credit Agreement, and the term “Subsidiary Credits” means said credits collectively.

Subsidiary Credit means the subsidiary credit to be made out of the proceeds of the Credit to the Federation or to Republika Srpska.

Subsidiary Credit means the credit to be made out of proceeds of the Credit provided to the Federation under the Subsidiary Credit Agreement; and "Sub-credit" means the credit to be made out of the proceeds of the Subsidiary Credit provided to the City of Mostar under the Subsidiary Credit Agreement.

Subsidiary Credit means a credit to be made out of the proceeds of the Credit provided to each Entity under a Subsidiary Financing and Project Implementation Agreement; and "Sub-credit" means a credit to be made available out of the proceeds of the Subsidiary Credit provided to the Federation FSD and RS DEF under a Subsidiary Financing and Project Implementation Agreement;

Subsidiary Credit means a loan to be made by the Borrower out of the proceeds of the Credit to the government of the Republic of Serbia under a Subsidiary Credit Agreement.

Subsidiary Credit means the credit provided by each Entity to a Participating Utility under the Subsidiary Credit Agreement (as defined hereinafter);