Credit Arrangements definition

Credit Arrangements means the credit arrangements that a Fund may have for borrowing for temporary or emergency purposes, including borrowings from banks and other institutional lenders.
Credit Arrangements is defined in Section 2.9.
Credit Arrangements. The following billing arrangements apply: Guest rooms and tax: Individual Resort fee: Individual Catering functions: Master Account Meeting room rental: Master Account Audio/visual rentals: Master Account Individual meals: Individual Room Telephone Charges: Individual Incidental charges: Individual METHOD OF PAYMENT: A master account will be set up for the Group covering its charges. The estimated amount of the master account must be paid in advance in accordance with the deposit schedule set forth below unless direct billing has been established or a Credit Card is used (See Credit Card Billing). Direct billing requests will be reviewed in accordance with the Hotel’s normal approval process. Should the hotel determine after establishing Direct Billing or a deposit schedule that your credit status has changed, the Hotel will have the option to require payment of all estimated master account charges no later than fourteen (14) days before arrival. The Group shall review all charges billed to the master account to ensure accurate billing. In the event any charges are disputed, all undisputed charges will be paid within 30 days of receipt of invoice. Failure to do so will result in an interest charge of 1.5% to be applied to any outstanding balance for each month not paid; resulting in an 18% compound interest annually. DEPOSIT:

Examples of Credit Arrangements in a sentence

  • A.C.E.S. SHALL HAVE A LIEN ON ANY GOODS SHIPPED UNDER THIS AGREEMENT FOR FAILURE TO PAY CHARGES ON BOTH CURRENT AND PRIOR SHIPMENTS, REGARDLESS OF CREDIT ARRANGEMENTS, OWED BY THE CUSTOMER OR CONSIGNEE OR HOLDER OF OR ASSIGNEE ON ANY BILL OF LADING.

  • GLAA officers using powers of entry under a court warrant where force may be necessary are either: • Enforcement officers investigating offences in the G(L)A, using the power in section 17 of the G(L)A, or • Authorised Investigators investigating offences in the G(L)A and/or other labour market offences, in England and Wales, under a court warrant issued in accordance with PACE.

  • CREDIT ARRANGEMENTS Individuals are responsible for their own credit arrangements and all attendees must settle their personal folios on checkout.

  • CONTACT THE UTILITY IMMEDIATELY TO DISCUSS CREDIT ARRANGEMENTS IF FULL PAYMENT IS NOT POSSIBLE.

  • The manager may pick a 13th player as long as it doesn’t jeopardize fielding a National team.

  • AREA: ZZ TARIFF: IPRG CXR: WS RULE: 0070 TITLE/APPLICATION - 70 _ CONFIRMATION OF RESERVED SPACE A RESERVATION OF SPACE ON A GIVEN FLIGHT IS VALID WHEN THE AVAILABILITY AND ALLOCATION OF SUCH SPACE IS CONFIRMED BY THE CARRIER TO A PERSON SUBJECT TO PAYMENT OR OTHER SATISFACTORY CREDIT ARRANGEMENTS.

  • NOTE E – BORROWINGS AND CREDIT ARRANGEMENTS We had total debt of $10.888 billion as of September 30, 2019 and $7.056 billion as of December 31, 2018.

  • AREA: ZZ TARIFF: IPRG CXR: WS RULE: 0070 TITLE/APPLICATION - 70 K CONFIRMATION OF RESERVED SPACE A RESERVATION OF SPACE ON A GIVEN FLIGHT IS VALID WHEN THE AVAILABILITY AND ALLOCATION OF SUCH SPACE IS CONFIRMED BY THE CARRIER TO A PERSON SUBJECT TO PAYMENT OR OTHER SATISFACTORY CREDIT ARRANGEMENTS.

  • Rule 55 Confirmation of Reserved Space (A) A RESERVATION OF SPACE ON A GIVEN FLIGHT IS VALID WHEN THE AVAILABILITY AND ALLOCATION OF SUCH SPACE IS CONFIRMED BY THE CARRIER TO A PERSON SUBJECT TO PAYMENT OR OTHER SATISFACTORY CREDIT ARRANGEMENTS.

  • CREDIT ARRANGEMENTS Summerfields Rose Retreat does not provide credit facilities to agents.


More Definitions of Credit Arrangements

Credit Arrangements has the meaning assigned to such term in Section 8.14 of this Agreement.
Credit Arrangements means (i) that certain First Lien Credit Agreement, dated as of April 9, 2014, by and among Telx Intermediate, Telx, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc., as administrative agent and as collateral agent, (ii) that certain Second Lien Credit Agreement, dated as of April 9, 2014, by and among Telx Intermediate, Telx, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc., as administrative agent and as collateral agent, (iii) the Note Purchase Agreement and (iv) that certain Mortgage, dated as of January 25, 2013, from Telx Clifton-I LLC to The Provident Bank in the original principal amount of $17,500,000.
Credit Arrangements shall have the meaning assigned to such term in Section 6.10.
Credit Arrangements means the Indebtedness set forth in Schedule 1.1(a).
Credit Arrangements shall have the meaning prescribed in Section 9.1(g) below.
Credit Arrangements. The swap effectively changes the variable-rate cash flow exposure on the debt obligations to fixed rates. The fair value of outstanding interest rate swap derivatives can vary significantly from period to period depending on the total notional amount of swap derivatives outstanding and fluctuations in market interest rates compared to the interest rates fixed by the swaps. As of December 31, 2018, our outstanding interest rate swap agreement contained a notional amount of $160.9 million with a maturity date of July 10, 2023. There were no outstanding interest rate swap agreements at December 31, 2017. Credit Risk. By using derivative instruments to economically hedge exposures to changes in interest rates, we are exposed to counterparty credit risk. Credit risk is the failure of a counterparty to perform under the terms of a derivative contract. When the fair value of a derivative contract is positive, the counterparty owes us, which creates credit risk for us. When the fair value of a derivative contract is negative, we owe the counterparty and, therefore, we do not possess credit risk. We minimize the credit risk in derivative instruments by entering into transactions with high quality counterparties. We have entered into netting agreements, including International Swap Dealers Association (“ISDA”) Agreements, which allow for netting of contract receivables and payables in the event of default by either party.

Related to Credit Arrangements

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Existing Credit Agreements has the meaning set forth in the recitals hereto.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Existing Letters of Credit means the letters of credit issued and outstanding under the Existing Credit Agreement as set forth on Schedule 2.23.

  • Credit Agreement Documents means the collective reference to any Credit Agreement, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of June 1, 2005, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Existing Letter of Credit means a letter of credit issued under the Prior Credit Agreement which is outstanding on the Effective Date hereof as set forth on Schedule 3.11 attached hereto.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Separation Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.