Credit Event shall have the meaning assigned to such term in Section 4.01.
Credit Event means and include the making (but not the conversion or continuation) of a Loan and the issuance of a Letter of Credit.
Examples of Credit Event in a sentence
Such amount will (1) accrue interest and otherwise be treated as an Unpaid Amount owing to the other party if subsequently an Early Termination Date results from an Event of Default, a Credit Event Upon Merger or an Additional Termination Event in respect of which all outstanding Transactions are Affected Transactions and (2) otherwise accrue interest in accordance with Section 9(h)(ii)(2).
More Definitions of Credit Event
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 any of the following: (a) the making (or deemed making) of any Loan, (b) the Conversion of a Base Rate Loan into a LIBOR Loan, (c) the Continuation of a LIBOR Loan and (d) the issuance of a Letter of Credit or the amendment of a Letter of Credit that extends the maturity, or increases the Stated Amount, of such 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 a Borrowing, the issuance of a Letter of Credit, an LC Disbursement or any of the foregoing.
Credit Event means the making of any Loan.
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).