Ancillary Credit Extensions definition
Ancillary Credit Extensions means Funded Ancillary Credit Extensions and Unfunded Ancillary Credit Extensions.
Examples of Ancillary Credit Extensions in a sentence
Each deposit of cash collateral pursuant to this paragraph shall be held by the applicable Global Revolving Facility Lender as collateral for the payment and performance of the obligations of the applicable Foreign Subsidiary Borrower in respect of Unfunded Ancillary Credit Extensions under such terminated Ancillary Facility.
Moneys in such account shall be applied by the applicable Global Revolving Facility Lender to offset amounts payable in respect of Unfunded Ancillary Credit Extensions made under such terminated Ancillary Facility.
Letters of Credit and Unfunded Ancillary Credit Extensions 185 SECTION 11.03.
Letters of Credit and Unfunded Ancillary Credit Extensions............