Credit facilitator definition

Credit facilitator means a person in the CFP Online System that a regulated party designates to initiate and complete credit transfers on behalf of the regulated party.
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Credit facilitator means any employee of Twin River a licensed video lottery
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Credit facilitator means a person in the Oregon Fuels Reporting System that a regulated party designates to initiate and complete credit transfers on behalf of the regulated party.
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Examples of Credit facilitator in a sentence

  • Corporation shall pay to Credit Facilitator, on demand and in immediately available funds, the amount of any Payment to Beneficiary by Bank plus interest at the lesser of ten percent (10%) per annum, or the greatest amount that may be charged without violation of law.

  • Corporation shall pay to Credit Facilitator, on demand and in immediately available funds, the Bank's Fees, Expenses and Costs for amending the Standby Letter of Credit, plus interest at the lesser of ten percent (10%) per annum, or the greatest amount that may be charged without violation of law, from and after five (5) business days of demand to the date of payment to Credit Facilitator.

  • Credit Facilitator shall cause the Standby Letter of Credit to be amended by Bank to permit draws by Beneficiary until January 31, 2003, and thereafter, until May 31, 2003, in the event the Corporation files, or there is filed against it, a petition under the United States Bankruptcy Code or Corporation make an assignment for the benefit of its creditors.

  • No act, failure, or delay by Credit Facilitator shall constitute a waiver of any of its rights and remedies.

  • Credit Facilitator has good and marketable title, free of all liens and encumbrances, to the Lyons Lease, except for such xxxxxtted encumbrances as set forth and described on Schedule 3.1.6 hereof.

  • Corporation shall pay to Credit Facilitator, on demand and in immediately available funds, the Bank's fees, expenses and costs for amending the Standby Letter of Credit, plus interest at the lesser of ten percent (10%) per annum, or the greatest amount that may be charged without violation of law, from and after five (5) business days of the later of the date of payment to Credit Facilitator or the date of Credit Facilitator's demand therefor.

  • Closing of the transactions contemplated herein is expressly conditioned on the approval of the Boards of Directors of each of the Seller and the Credit Facilitator.

  • Credit Facilitator shall not have any duties with respect to the Collateral other than the duty to use reasonable care if the Collateral is in its possession.

  • In the event that, for any reason, any portion of such payments to Credit Facilitator is set aside or restored, whether voluntarily or involuntarily, after the making thereof, then the obligation intended to be satisfied thereby shall be revived and continued in full force and effect as if the payment or payments had not been made.

  • In the event that during the term of this Agreement, Options shall be issued or exercised in connection with the Collateral, such Options acquired by Pledgor shall be immediately assigned by Pledgor to Credit Facilitator and all new shares or other securities so acquired by Pledgor shall also be immediately assigned to Credit Facilitator to be held under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder.


More Definitions of Credit facilitator

Credit facilitator means a person in the WFRS that a regu- lated party designates to initiate and complete credit transfers on behalf of the regulated party.
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Credit facilitator means any employee of Twin River approved in writing by the
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Credit facilitator means The Xxxxxx Company, a California corporation.
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Credit facilitator means any employee of a licensed, video-lottery retailer
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Related to Credit facilitator

  • Facilitator ’ means a person who impar- tially aids in the discussions and negotiations among the members of a negotiated rule- making committee to develop a proposed rule;

  • Marketplace facilitator means a person that:

  • Investment Facilitators/Advisors means an individual, firm, corporate or other entity appointed by the Management Company to identify, solicit and assist investors in investing in the Scheme. The investment facilitator/advisor is not authorized to perform the Distribution Functions. The Management Company shall compensate the Investment Facilitators.

  • Credit Facilities means, with respect to the Issuer or any of its Restricted Subsidiaries, one or more debt facilities, including the Senior Credit Facilities, or other financing arrangements (including, without limitation, commercial paper facilities or indentures) providing for revolving credit loans, term loans, letters of credit or other long-term indebtedness, including any notes, mortgages, guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements or refundings thereof and any indentures or credit facilities or commercial paper facilities that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount permitted to be borrowed thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, lender or group of lenders.

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Non-Lead Securitization Noteholder Representative shall have the meaning assigned to such term in the definition of “Non-Lead Securitization Noteholder”.

  • Bankruptcy Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • Lead Securitization means, if the First Securitization is the Note A-1 Securitization, such Securitization; provided that, if any other Securitization occurs prior to the Note A-1 Securitization, then the First Securitization shall be the Lead Securitization until such time as the Note A-1 Securitization occurs.

  • Lead Depositor means the Depositor under the Lead Securitization Servicing Agreement.

  • Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility for providing Credit Underwriting services.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • credit bureau means an entity specialised in the collection and sale of credit performance information for individuals and businesses and registered as a credit bureau;

  • Issuing agency code means a code that designates the registration (or controlling) authority for the enterprise identifier.