Credit Event definition
Credit Event shall have the meaning assigned to such term in Section 4.01.
Credit Event means a Borrowing, the issuance, amendment, renewal or extension of a Letter of Credit, an LC Disbursement or any of the foregoing.
Credit Event means the making of any Loan or the issuance of any Letter of Credit.
Examples of Credit Event in a sentence
To the extent such Credit Event includes an increase or reinstatement of the Stated Amount of any Letter of Credit following an LC Disbursement with respect to such Letter of Credit, all Reimbursement Obligations have been repaid in full in Dollars.
More Definitions of Credit Event
Credit Event means any of the following: (a) the making (or deemed making) of any Loan, (b) the Conversion of a Loan and (c) the issuance of a Letter of Credit.
Credit Event means and include the making (but not the conversion or continuation) of a Loan and the issuance of a Letter of Credit.
Credit Event means the advancing of any Loan, or the issuance of, or extension of the expiration date or increase in the amount of, any Letter of Credit.
Credit Event means the making of any Borrowing, any Conversion or Continuation or any LC Issuance.
Credit Event means the making of any Loan or the issuance, amendment, extension or renewal of any Letter of Credit (other than any amendment, extension or renewal that does not increase the maximum Stated Amount of such Letter of Credit).
Credit Event means the making of any Term Loan.
Credit Event means the occurrence of a Bankruptcy or Failure to Pay. For purposes of the determination of whether a Credit Event has occurred, the Obligation Category will be Borrowed Money, the Payment Requirement will be USD1,000,000 and no Obligation Characteristics will be specified. Capitalized terms used in this definition but not defined in this Confirmation shall have the meanings specified in the 2003 ISDA Credit Derivatives Definitions.