Credit Provision definition

Credit Provision means the Company’s provision for credit losses as a percent of Average Earning Assets.
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Examples of Credit Provision in a sentence

  • The amount determined under the preceding provisions shall be adjusted in accordance with the Company’s Customer Credit Provision as from time to time effective in accordance with law.

  • Applicable Tariff Provision Tax Credit Provision, M.D.P.U. No. 1410 Reconciliation Period Annual: January - December Frequency/Timing of Filing Annually by January 15 Electric Recovery Effective March 1 Vegetation Management Pilot Brief Description of Mechanism Provides for the recovery of incremental costs associated with the Company’s Enhanced Vegetation Management Pilot (“VM Pilot”), which has a term of four years commencing April 1, 2019.

  • Part F: Line of Credit Provision of Sub-loans by qualified PFIs to support investment and working capital financing needs of export-oriented Beneficiary Enterprises in accordance with the criteria and terms and conditions, policies and procedures contained in the Operations Manuals for Part F of the Project.

  • We elect Subtitle 10, Credit Grantor Closed-End Credit Provision to Title 12 of the Commercial Law Article of the Annotated Code of Maryland, to govern this Agreement, to the extent that this Agreement is subject to Maryland law.

  • The 3% @ 55 formula will include the full 3% at 55 safety formula, three (3) years compensation average, fourth level 1959 survivors’ benefits, PERS Sick Leave Credit Provision and the Military Service credit as Public Service provision.

Related to Credit Provision

  • Credit Provider means a Person providing Credit Link Documents, in form and substance acceptable to the Administrative Agent in its sole discretion, of the obligations of an Investor to make Capital Contributions.

  • Eligible Letter of Credit means, as of any date of determination thereof, a Commercial Letter of Credit which supports the purchase of Inventory, (a) which Inventory does not constitute Eligible In-Transit Inventory and for which no documents of title have then been issued; (b) which Inventory otherwise would constitute Eligible Inventory when purchased, (c) which Commercial Letter of Credit has an expiry within sixty (60) days of the date of initial issuance of such Commercial Letter of Credit, (d) which Commercial Letter of Credit provides that it may be drawn only after the Inventory is completed and after a document of title reasonably acceptable to the Agent has been issued for such Inventory reflecting a Borrower or the Agent as consignee of such Inventory, and (e) which will constitute Eligible In-Transit Inventory upon satisfaction of the requirements of clause (d) hereof.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Letter of Credit Subfacility means $25,000,000.

  • Letter of Credit Guaranty means one or more guaranties by the Administrative Agent in favor of the L/C Issuer guaranteeing or relating to the obligations of the Borrower to the L/C Issuer under a reimbursement agreement, Letter of Credit Application or other like document in respect of any Letter of Credit.