Credit Instrument definition

Credit Instrument means a letter of credit, surety bond, liquidity facility, insurance policy or comparable instrument furnished by a Credit Provider that is used by the Participant to meet all or a portion of any debt service reserve requirement securing the Bonds or any other bonds payable from the revenues of the Treatment Works, which bonds are on a parity with the Bonds.

Credit Instrument means any agreement, oral or written, acknowledging an obligation to pay a sum or sums of money on demand, or at any future time or times;

Credit Instrument means a writing which evidences a gaming debt owed to a person who holds a license at the time the debt is created, and includes any writing taken in consideration, consolidation, redemption or payment of a prior credit instrument.

Examples of Credit Instrument in a sentence

• If the Note as evidenced and represented by the Series of Note Participations is unsecured in whole or in part and the Note is not fully paid at maturity, the unpaid portion thereof (or the portion thereof to which no Credit Instrument applies which is unpaid) shall be deemed outstanding and shall continue to bear interest thereafter until paid at the Default Rate.

• The Trustee shall comply with all documentation relating to a Qualified Reserve Account Credit Instrument as shall be required to maintain such Qualified Reserve Account Credit Instrument in full force and effect and as shall be required to receive payments thereunder in the event and to the extent required to make any payment when and as required under this paragraph (d).

• Borrower acknowledges receipt of the Lender’s Certificate or the Request for Endorsement of Credit Instrument & Certificate of Lender, Borrower & General Contractor, as applicable.

• The percentage of the Note as evidenced and represented by the Series of Note Participations to which a Credit Instrument, if any, applies (the “Secured Percentage”) shall be equal to the amount of the Credit Instrument divided by the aggregate amount of unpaid principal of and interest on notes (or portions thereof) of all Issuers of Notes comprising such Series of Note Participations, expressed as a percentage (but not greater than 100%) as of the maturity date.

• Green Credit: Instrument for Brand Building of Commercial Banks in Vietnam.

More Definitions of Credit Instrument

Credit Instrument means any agreement, whether in writing or not, acknowledging an obligation to pay a sum or sums of money on demand or at any future time or times;

Credit Instrument means, collectively, each Additional Credit Instrument for the corresponding Series of Additional Authority Notes.

Credit Instrument means a [writing] record which

Credit Instrument means any Undertaking, and, where an Undertaking is issued by the Bank's Correspondent at the request of the Bank, any reference to "Credit Instrument" includes any counter-guarantee or counter-indemnity issued by the Bank to its Correspondent in order to procure the issuance of that Undertaking by such Correspondent in connection with the Credit Instrument Facilities. An "Undertaking" is a Credit Instrument.

Credit Instrument means any agreement, whether in writing or not,

Credit Instrument means a writing which evidences a gaming debt owed to a person

Credit Instrument means a writing that evidences a gambling debt owed to a tribal gaming operation or gambling enterprise, and includes any writing taken in consolidation, redemption, or payment of a previous credit instrument.