Examples of Additional Credit Support in a sentence
We can also help with energy efficiency advice to reduce your energy costs and explore the possibility of providing discretionary credit (also known as Additional Credit Support).
For non-ISDA documents (Additional Master Agreements or Additional Credit Support Documents), the relevant document must be listed in the Additional Documents Annex of the Protocol as an 'Additional Master Agreement' or an 'Additional Credit Support Document'.
Each party agrees that all right, title and interest in and to any Credit Support, Initial Amount, Additional Credit Support, Distributions or Interest Amount which it transfers to the other party under the terms of this Annex shall vest in the recipient free and clear of any liens, claims, charges or encumbrances or any other interest of the transferring party or of any third person.
All costs and expenses incurred in connection with the release or substitution of the Credit Support Instruments and the Additional Credit Support, as the case may be, shall be borne by the Acquirer Parties.
At the time of any additional loan described in this Section 8, Discover Bank as Servicer and the Credit Enhancement Provider may agree in writing that the Supplemental Credit Enhancement Amount, the Increased Credit Enhancement Amount or the Additional Credit Support Amount, as applicable, shall bear interest at a different LIBOR-Based Rate, which rate shall reflect prevailing market conditions and the expected duration of such additional loan.
All costs and expenses incurred in connection with the release or substitution of the Credit Support Instruments and the Additional Credit Support, as the case may be, shall be borne by the Purchaser and the Xxxxxx Holdcos.
Interest rates are determined annually based on the Final Auction of the 10-year U.S. Treasury Bills prior to June 1st and are not to exceed 8.25%.
From and after the Contribution Closing, the Acquirer Parties shall indemnify the Devon Entities for any and all Losses arising from or relating to the Credit Support Instruments and the Additional Credit Support.
The Protocol includes an Additional Documents Annex that provides a full list of Additional Master Agreements and Additional Credit Support Documents.
In the event that an Alternative Credit Support Election is made pursuant to the provisions of the Series Supplement, Discover Bank on behalf of the Holder of the Seller Certificate may request that the Credit Enhancement Provider make an additional loan in the amount of the Additional Credit Support Amount.