Credit Events definition

Credit Events means the execution, delivery and performance by the Borrower of this Agreement, the borrowing of Loans and the use of the proceeds thereof.

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Credit Events means the occurrence of any one or more of the Credit Events specified in these Credit Linked Conditions, which may include Bankruptcy, Failure to Pay, Obligation Acceleration, Obligation Default, Repudiation/Moratorium, Restructuring or Governmental Intervention.

Credit Events means events when: the Guarantor or the Reference Bond fails to make any interest, redemption or other payment as defined in these terms and conditions or those of the Reference Bond; an event has occurred that causes payments (interest, redemption or other payments) to be delayed or different in amount; a credit event (as defined in the ISDA Definitions) has occurred with respect to the Guarantor or Refer- ence Bond; any other event occurs with respect to the Guarantor or Reference Bond Issuer which results in non-payment or late payment of any amount due. In the event of a credit event any return of investors initial capital, if any, will be paid at maturity.

Examples of Credit Events in a sentence

Borrower with the provisions hereof and Credit Events contemplated hereby will not involve any prohibited transaction within the meaning of ERISA or section 4975 of the Code.
Compliance by the Credit Parties with the provisions hereof and Credit Events contemplated hereby will not involve any prohibited transaction within the meaning of ERISA or Section 4975 of the Code.
If at any time any Margin Stock is required to be pledged as a result of the provisions of the immediately preceding sentence, repayments of outstanding Obligations shall be required, and subsequent Credit Events shall be permitted, only in compliance with the applicable provisions of Regulations T, U and X.
Compliance by the Borrower with the provisions hereof and Credit Events contemplated hereby will not involve any prohibited transaction within the meaning of ERISA or Section 4975 of the Code.
If at any time any Margin Stock is required to be pledged as a result of the provisions of the immediately preceding sentence, repayments of outstanding Obligations shall be required to be made, and subsequent Credit Events shall only be permitted, in compliance with the applicable provisions of the Margin Regulations.

More Definitions of Credit Events

Credit Events under such transaction shall include "Bankruptcy" and "Failure to Pay", (iv) such transaction shall provide for "Cash Settlement" in Dollars only and (v) the documentation governing such credit default swap transaction shall be substantially in the form attached as Exhibit D (or in such other form as the Required Committed Lenders (and, solely in the case of Credit Default Swaps entered into on the Closing Date, each Funding Agent) may approve in their reasonable discretion; provided that if the only material differences between the documentation set forth in Exhibit D and the documentation proposed to be used for such credit default swap transaction arise out of changes to the standard form credit default swap documentation published by the International Swap and Derivatives Association, Inc. (or any successor thereto), then the Transferor may use such proposed documentation without the consent of any party other than the Administrative Agent.

Credit Events means a Borrowing, the issuance of a Letter of Credit, an LC Disbursement or any of the foregoing.

Credit Events shall have the meaning set forth in the Second Amendment.

Credit Events means each of Bankruptcy, Failure to Pay and Restructuring.

Credit Events. The following Credit Events shall apply to this Transaction (and the first sentence of Section 4.1 of the Credit Derivatives Definitions shall be amended accordingly): Failure to Pay: Payment Requirement: U.S. $1.00 (one U.S. dollar)

Credit Events has the meaning given to such term in Article 3.

Credit Events means a Borrowing, the issuance of a Letter of Credit, an LC Disbursement or any of the foregoing. “Credit Exposure” means, as to any Lender at any time, the sum of (a) such Lender’s Revolving Exposure at such time,