Credit Extension means each of the following: (a) a Borrowing and (b) an L/C Credit Extension.
Credit Extension means the making of a Loan or the issuing of a Letter of Credit.
Credit Extension means a Borrowing.
Examples of Credit Extension in a sentence
In determining compliance with any condition hereunder to the making of a Credit Extension that by its terms must be fulfilled to the satisfaction of a Lender or an Issuing Bank, the Administrative Agent may presume that such condition is satisfactory to such Lender or Issuing Bank unless the Administrative Agent has received notice to the contrary from such Lender or Issuing Bank prior to the making of such Loan or the issuance of such Letter of Credit.
More Definitions of Credit Extension
Credit Extension means each Advance or any other extension of credit by Bank to or for the benefit of Borrower hereunder.
Credit Extension is any Term Loan or any other extension of credit by Collateral Agent or Lenders for Borrower’s benefit.
Credit Extension means the making of an Advance or the issuance of a Facility LC hereunder.
Credit Extension is any Advance, Letter of Credit, FX Forward Contract, amount utilized for Cash Management Services, or any other extension of credit by Bank for Borrower’s benefit.
Credit Extension means the making of a Loan.
Credit Extension means each of (i) the making of a Revolving Loan or Swingline Loan or (ii) the issuance, amendment, modification, renewal or extension of any Letter of Credit (other than any such amendment, modification, renewal or extension that does not increase the Stated Amount of the relevant Letter of Credit).