Additional Credit Event definition

Additional Credit Event means an additional credit event as defined in the Final Terms.
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Additional Credit Event means an additional credit event as defined in the Pricing Supplement.
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Additional Credit Event means, in respect of Notes, an event specified as such in the applicable Pricing Supplement.
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Examples of Additional Credit Event in a sentence

  • Such notice shall specify the aggregate principal or face amount of the Additional Credit Event in which each such other Revolving Credit Lender will participate.

  • MascoTech shall give prompt written notice to the Administrative Agent and each other Revolving Credit Lender of the occurrence of (a) any Additional Credit Event and (b) any Additional Credit Disbursement.

  • Automatically and contemporaneously with each Additional Credit Event occurring on or after the Closing Date, each such other Revolving Credit Lender will acquire a Pro Rata Percentage participation in all of the Additional Credit Exposure represented by each Additional Credit Event.


More Definitions of Additional Credit Event

Additional Credit Event means the incurrence by MascoTech of any Guarantee obligation or Indebtedness in respect of (a) any Designated Letter of Credit or (b) any Designated Guarantee Obligation.
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Related to Additional Credit Event

  • Credit Event shall have the meaning assigned to such term in Section 4.01.

  • Credit Event Notice means an irrevocable notice from the Issuer or the Swap Counterparty, as the case may be, to the other party (in the form and delivered in the manner described in the Default Swap) that describes a Credit Event that occurred on or after the Effective Date of the Default Swap.

  • DC Credit Event Announcement means, with respect to the Reference Entity, a public announcement by the DC Secretary that the relevant Credit Derivatives Determinations Committee has Resolved that an event that constitutes a Credit Event has occurred on or after the Credit Event Backstop Date and on or prior to the Extension Date, provided that if the Credit Event occurred after the Scheduled Maturity Date, the DC Credit Event Announcement must relate to the relevant Potential Failure to Pay, in the case of a Grace Period Extension Date, or the relevant Potential Repudiation/Moratorium, in the case of a Repudiation/Moratorium Evaluation Date.

  • Extension of Credit means, as to any Lender, the making of a Loan by such Lender (or a participation therein by a Lender) or the issuance of, or participation in, a Letter of Credit by such Lender.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Letter of Credit Default means with respect to a Letter of Credit, the occurrence of any of the following events:

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.