Credit B definition

Credit B means the credit in the amount referenced in Section 2.01(b) of this Agreement and the Credit for purposes of paragraph 24 the General Conditions.
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Credit B means the principal amount as specified in Clause 2.1 already disbursed and/or still to be disbursed as the context requires and shall include each of Tranche 3 and Tranche 4 Credit or Credits means the aggregate principal amount as specified in Clause 2.1 already disbursed and/or still to be disbursed as the context requires and “Credits” shall include Credit A and Credit B Credit Agreement means this agreement
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Credit B means the credit in the amount referenced in Section 2.01(b) of this Agreement and the Credit for purposes of paragraph 24 of the Appendix to the General Conditions.
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Examples of Credit B in a sentence

  • If and to the extent that excess Receipts available to be released by Lender from the Cash Management System to Landlord (such funds, the “Excess Funds”) and released to Landlord, Landlord shall (A) calculate the balance of the Rent (the “Rent Balance”), if any, owed by Tenant for such month after taking into account the Monthly Deposit Credit, (B) deduct the Rent Balance from the Excess Funds and (C) disburse the remaining Excess Funds, if any, to or as directed by Tenant from time to time.

  • Credit A and Credit B shall hereinafter be referred to individually as a “Credit” or collectively as “Credits”.

  • The purpose of the Line of Credit A and the Line of Credit B is to provide funds for the general working capital purposes of Borrower and its consolidated subsidiaries.

  • In the event that additional insurance cover is provided by Hermes for the purposes of financing being made available for Credit B hereunder, then Credit B will be made available on the basis of such supplemental insurance (“Supplemental Insurance Agreement”) and the terms and conditions governing it.

  • Loans under the Line of Credit A and Line of Credit B may, at the option of Borrower, be Base Rate Loans or LIBOR Rate Loans.


More Definitions of Credit B

Credit B has the meaning given to it in Article 2.1(b) (Amount of Credit).
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Credit B means the portion of the Credit which is subject to the Association’s regular lending terms for the Recipient and is referred to in Section 2.01 (b) of this Agreement.
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Credit B means the credit in the amount referenced in Article 2.01(b) of this Agreement and the Credit for purposes of paragraph 25 the General Conditions.
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Credit B means the concessional credit in the amount referenced in Section 2.0l(b) of this Agreement and the Credit for purposes of paragraph 24 of the General Conditions.
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Credit B means the credit facility of up to Cdn. $70,000,000 or the Equivalent Amount in U.S. Dollars established by the Lenders in favour of Convergys CMG Canada Limited Partnership pursuant to Section 3.1(1)(b).
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Credit B means the credit of up to Cdn. $22,000,000.00 thereof in favour of the Borrower which is established by this Agreement as a term loan.
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Credit B has the meaning ascribed thereto in Section 3.1.
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