Advance Credit definition

Advance Credit has the meaning ascribed to that term in Section 9 of Appendix II.
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Advance Credit means any credits of an approved in‐lieu fee program that are available for sale prior to being fulfilled in accordance with an approved mitigation project plan. Advance credit sales require an approved in‐lieu fee program instrument that meets all applicable requirements including a specific allocation of advance credits, by service area where applicable. The instrument must also contain a schedule for fulfillment of advance credit sales.
Sample 1

Examples of Advance Credit in a sentence

  • You agree that you will not exceed your Cash Advance Credit Limit that we establish for your Account.

  • Your Cash Advance transactions are subject to a Cash Advance Credit Limit.

  • Changes to your Cash Advance Credit Limit may take effect before you receive such notice.

  • You understand that, in certain instances, authorization for a Cash Advance transaction may be denied even though you have adequate availability under your Cash Advance Credit Limit.

  • We will notify you of any change in your Cash Advance Credit Limit as may be required by applicable law.

  • Your Cash Advance Credit Limit is a portion of your general Credit Limit and is only available to the extent that you have an amount available under the general Credit Limit for your Account.

  • Your initial Cash Advance Credit Limit is an amount equal to twenty percent (20%) of the Credit Limit disclosed to you when we open your Account.

  • We may increase or decrease your Cash Advance Credit Limit at any time, in our sole discretion.

  • We may also change a Credit Limit or a Cash Advance Credit Limit based on any information provided to us by a consumer reporting agency, including your risk score at the consumer reporting agency or information about credit accounts you have with other companies.

  • You agree that we may change a Credit Limit or a Cash Advance Credit Limit, at any time for any reason not prohibited by law, including, but not limited to, changes in your credit capacity, your pattern of payments to us, or your purchasing behavior.

Related to Advance Credit

  • Revolving Advance has the meaning given in Section 2.1.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Committed Revolving Line means a credit extension of up to Two Million Dollars ($2,000,000).

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).