Commercial Paper Operations Sample Clauses

Commercial Paper Operations. SECTION 2.1. Issuance of Commercial Paper Notes................ 3 SECTION 2.2. Conditions to the Issuance of Commercial Paper Notes...................................... 4 SECTION 2.2.1. Representations and Warranties.................... 4 SECTION 2.2.2. No Amortization Event............................. 5 SECTION 2.2.3. Available Liquidity Commitment.................... 5 SECTION 2.2.4. No Borrowing Base Deficiency...................... 5 SECTION 2.2.5. Borrowing Base Certificate........................ 5 SECTION 2.2.6. Non-Prepayment of Loans........................... 5 SECTION 2.3. Commercial Paper Notes............................ 5 SECTION 2.4. Commercial Paper Account; Payment of Commercial Paper Notes...................................... 6
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Commercial Paper Operations. SECTION 2.01.
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Commercial Paper Operations. SECTION 2.01. Form and Maturity of Commercial Paper Notes 8 SECTION 2.02. Issuance of Commercial Paper Notes 8 SECTION 2.03. Commercial Paper Account 9 SECTION 2.04. Letter of Credit 10 SECTION 2.05. Payments Under Letter of Credit 10 SECTION 2.06. Termination Date; Termination of Agreement 11 SECTION 2.07. Modification or Termination of Letter of Credit Facility in Certain Events 12 SECTION 2.08. Letter of Credit Fee 13 SECTION 2.09. Commitment Fee 13 SECTION 2.10. Other Fees 14 SECTION 2.11. Optional Reduction or Termination of Commitments 14 III. PARTICIPATION IN LETTER OF CREDIT PAYMENTS SECTION 3.01. Participations 14 SECTION 3.02. Repudiation of Obligation to Participate 15
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Commercial Paper Operations. SECTION 2.01. Form and Maturity of Commercial Paper Notes. 8
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Commercial Paper Operations. 39 3.01 Issuance of Initial Letter of Credit; Substitute Letters of Credit................................................ 39 3.02 Agreement to Repay Disbursements Under Letter of Credit.......... 43 3.03
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Commercial Paper Operations. SECTION 2.1. Issuance of Commercial Paper Notes.......................................5 SECTION 2.2. Conditions to the Issuance of Commercial Paper Notes.....................6 SECTION 2.2.1.
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Commercial Paper Operations. SECTION 2.1. Issuance of Commercial Paper. SECTION 2.2. Commercial Paper Account.
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Commercial Paper Operations. SECTION 2.1. Issuance of Commercial Paper Notes............................................. 2 ---------------------------------- SECTION 2.2. Conditions to the Issuance of Commercial Paper Notes........................... 3 ---------------------------------------------------- SECTION 2.3. Commercial Paper Notes......................................................... 4 ---------------------- SECTION 2.4. Commercial Paper Account; Payment of Commercial Paper Notes.................... 4 ----------------------------------------------------------- SECTION 2.5. Cash Reserve Account........................................................... 5 --------------------
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Commercial Paper Operations 
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Related to Commercial Paper Operations

  • Commercial Paper Commercial Paper with a rating of at least P-1 by Moody’s and at least A-1+ by S&P and having a remaining maturity of not more than 30 days. * * * *

  • Commercial Paper Rate Notes If the Interest Rate Basis is the Commercial Paper Rate, this Note shall be deemed a “Commercial Paper Rate Note.” Unless otherwise specified on the face hereof, “Commercial Paper Rate” means: (1) the

  • Determination of Commercial Paper Rate If the Interest Rate Reset Basis specified above is the Commercial Paper Rate, the interest rate with respect to this Note will be the Commercial Paper Rate plus or minus the Spread, if any, or multiplied by the Spread Multiplier, if any, as specified above. “Commercial Paper Rate” means, with respect to any Interest Determination Date, the Money Market Yield (as defined below) of the rate on such Interest Determination Date for commercial paper having the Index Maturity specified above as published in H.15(519) under the caption “Commercial Paper-Nonfinancial”. In the event that such rate is not published by 3:00 P.M., New York City time, on the Calculation Date pertaining to such Interest Determination Date, then the Commercial Paper Rate will be the rate on such Interest Determination Date for commercial paper having the Index Maturity specified above as published in H.15 Daily Update, or other recognized electronic source used for the purpose of displaying the applicable rate, under the caption “Commercial Paper-Nonfinancial.” If by 3:00 P.M., New York City time, on such Calculation Date such rate is not yet published in either H.15(519), H.15 Daily Update or other recognized electronic source, the Commercial Paper Rate for such Interest Determination Date will be calculated by the Calculation Agent and will be the Money Market Yield of the arithmetic mean of the offered rates at approximately 11:00 A.M., New York City time, on that Interest Determination Date, of three leading dealers of United States dollar commercial paper in The City of New York selected by the Calculation Agent for commercial paper having the Index Maturity specified above placed for industrial issuers whose bond rating is “AA,” or the equivalent, from a nationally recognized statistical rating organization; provided, however, that if the dealers selected as aforesaid by the Calculation Agent are not quoting as mentioned in this sentence, the Commercial Paper Rate determined as of such Interest Determination Date will be the Commercial Paper Rate in effect on such Interest Determination Date.

  • Banking Operations Enter into any new material line of business; change its material lending, investment, underwriting, risk and asset liability management and other material banking and operating policies, except as required by applicable law, regulation or policies imposed by any Governmental Authority; or file any application or make any contract with respect to branching or site location or branching or site relocation.

  • Liquidity Risk Measurement Services Not Applicable.

  • Liquidity and Capital Resources The Registration Statement, the Time of Sale Prospectus and the Prospectus fairly and accurately describe all material trends, demands, commitments, events, uncertainties and the potential effects thereof known to the Company, and that the Company believes would materially affect its liquidity and are reasonably likely to occur.

  • Banking Facilities CLAUSE 2.29 of the Disclosure Schedule sets forth ------------------ a true, correct and complete list of:

  • Investment Banking Services Except as described in the Registration Statement, the Statutory Prospectus and the Prospectus, during the period beginning 180 days prior to the initial confidential submission of the Registration Statement and ending on the Effective Date, no Member and/or any person associated or affiliated with a Member has provided any investment banking, financial advisory and/or consulting services to the Company.

  • Lawful Operations, etc Each Credit Party and each of its Subsidiaries: (i) holds all necessary foreign, federal, state, provincial, local and other governmental licenses, registrations, certifications, permits and authorizations necessary to conduct its business and own its properties; and (ii) is in full compliance with all requirements imposed by law, regulation or rule, whether foreign, federal, state or local, that are applicable to it, its operations, or its properties and assets, including, without limitation, applicable requirements of Environmental Laws, except for any failure to obtain and maintain in effect, or noncompliance that, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

  • Interest Rate Risk Management Instruments (a) Set forth on Schedule 2.26(a) is a list as of the date ---------------- hereof of all interest rate swaps, caps, floors and option agreements and other interest rate risk management arrangements to which Seller or any of the Seller Subsidiaries is a party or by which any of their properties or assets may be bound.

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