Credit Level definition

Credit Level means the credit levels set forth in the Table SLA Credits in Section 2 of Appendix 10 that outlines the total credits, penalties and/or liabilities that may be assessed to Registry Operator and sole remedies available to ICANN-Accredited Registrars for Registry Operators failure to meet Performance Specifications outlined in this Appendix 7.
Credit Level means the sum of money you may agree with us you expect to spend on Charges during the period covered by your bills.
Credit Level means either Credit Level I or Credit Level II.

Examples of Credit Level in a sentence

  • The Update frequency metric for DNS Name Server is Credit Level 4.


More Definitions of Credit Level

Credit Level means the applicable Credit Level of the Loans from time to time determined as set forth below based upon the applicable ratings assigned to the Loans by each of S&P and Moody's as set forth below: Rating Credit Level (S&P/Xxxxx'x) ------------ --------------- I BB/Ba2 or above
Credit Level means the credit level of the reinsurance company evaluated by a classification agency.
Credit Level means, for the purposes of determining the Margin, the amount of facility fees payable under Section 2.05(a) or the letter of credit fees payable under Section 2.04(e)(ii) as of any date of determination, Xxxxx 0, Xxxxx 0, Xxxxx 0 or Level 4, as applicable, determined (a) by reference to the Borrower's debt ratings (as in effect on such date of determination) if the Borrower's senior unsecured non- credit-enhanced, long-term debt ("Rated Debt") carries an investment grade rating by S&P and Xxxxx'x or (b) if the Borrower's Rated Debt does not carry an investment grade rating by both S&P and Xxxxx'x, by reference to the Borrower's Leverage Ratio (determined, as of any date of determination, based upon the most recent financial statements delivered by the Borrower pursuant to Section 5.01(a) on or prior to such date of determination), as follows:

Related to Credit Level

  • Applicable Multicurrency Percentage means, with respect to any Multicurrency Lender, the percentage of the total Multicurrency Commitments represented by such Multicurrency Lender’s Multicurrency Commitment. If the Multicurrency Commitments have terminated or expired, the Applicable Multicurrency Percentages shall be determined based upon the Multicurrency Commitments most recently in effect, giving effect to any assignments.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of all Revolving Loans then outstanding; provided that in the event that the Revolving Loans are paid in full prior to the reduction to zero of the Total Revolving Commitments, the Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding Revolving Extensions of Credit shall be held by the Revolving Lenders on a comparable basis.

  • Applicable Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.

  • Revolving Commitment Percentage means, for each Lender, a fraction (expressed as a percentage carried to the ninth decimal place), the numerator of which is such Lender’s Revolving Commitment and the denominator of which is the Aggregate Revolving Commitments. The initial Revolving Commitment Percentages are set forth on Appendix A.

  • Applicable L/C Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 3.08(a) hereof as set forth in the Pricing Schedule.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.