Credit Product definition

Credit Product means a charge or credit card or program, an on-line, digital wallet or mobile credit or charge account, or other credit or charge device regardless of form and whether accessed online or offline or where the relevant account information is stored. For avoidance of doubt, this term does not include debit products with an incidental credit feature.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Credit Product means a financial product allowing You to borrow money from a Lender. This includes, but is not limited to Credit Cards, Store Cards, Loans and Car Finance.

Credit Product means an expression of creditworthiness by Fitch provided pursuant to a Fee Agreement regarding, without limitation, credit ratings, credit opinions, rating assessments, servicer ratings, fund asset manager ratings, gradings and scales, and any and all action, modifier, withdrawal or amendment with respect thereto.

Examples of Credit Product in a sentence

In connection with the termination of this Agreement and the release and termination of the security interests in the Collateral, the Administrative Agent may require such indemnities and collateral security as they shall reasonably deem necessary or appropriate to protect the Secured Parties against (x) loss on account of credits previously applied to the Obligations that may subsequently be reversed or revoked, and (y) any obligations that may thereafter arise with respect to Credit Product Obligations.
No person has the right to require the Company or any of its subsidiaries to register any securities for sale under the Securities Act by reason of the filing of the Registration Statement with the Commission or the issuance and sale of the Securities or the Underlying Securities.
Amounts distributed with respect to any Credit Product Obligations shall be the lesser of (i) the maximum Credit Product Obligations last reported to the Administrative Agent or (ii) the actual Credit Product Obligations as calculated by the methodology reported to the Administrative Agent for determining the amount due.
Notwithstanding any other provision of this Article X to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Credit Product Obligations unless the Administrative Agent has received written notice of such Credit Product Obligations, together with such supporting documentation as the Administrative Agent may reasonably request, from the applicable Credit Product Provider.
No Non-Lender Credit Product Provider shall have any right or claim against any Loan Party under the Loan Documents other than as a Secured Party under the Security Instruments, nor shall any of them be a third party beneficiary of any provisions of this Agreement by which the Loan Parties are bound other than provisions relating to the granting of the Lien of the Administrative Agent on the Collateral and the application of proceeds thereof pursuant to Section 9.03.

More Definitions of Credit Product

Credit Product means a mortgage; vehicle and asset finance; unsecured credit loans; credit facilities; and telecommunications services billed in arrears.

Credit Product has the meaning given to it in Schedule 9.1.

Credit Product means the product governed by the NCA, which includes the personal loan, credit card facility, overdraft facility, vehicle finance loan or any other credit products that we offer.

Credit Product means any of the following credit products when provided by Danske Bank within Ireland to a SME

Credit Product means the products as set out in the Schedule II to this Agreement;

Credit Product means a Credit Rating or other opinion with respect to creditworthiness as described in the Rating Definitions and to which the RPM applies, in current effect at any given time.

Credit Product means any Credit Product that is not specified as Point-in-time in the Fee Agreement or letter assigning the Credit Product; Prodotto Creditizio “monitorato” indica un Prodotto Creditizio non indicato come point-of-time nell’Accordo sulle Commissioni o nella comunicazione con cui viene assegnato il Prodotto Creditizio;