Credit Purchase definition

Credit Purchase means use of your Card or Account Number to purchase or lease goods and/or services. • “Person” means, as the context requires, a human being and/or firm, corporation, partnership (including, without limitation, general partnerships, limited partnerships, and limited liability partnerships), limited liability company, joint venture, business trust, association or other legal entity other than us. • “Transaction” means each (a) Credit Purchase, (b) Cash Advance and (c) Balance Transfer.
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Credit Purchase. - means the purchase of an asset on behalf of a fund, that creates a debt payable out of the assets of the fund;
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Credit Purchase means use of your Card or Account Number to purchase or lease goods and/or services. Even though certain Transactions may be considered purchases, certain quasi-cash Transactions shall accrue a finance charge at the rate set out for Cash Advances. These quasi-cash Transactions include but are not limited to: funding transfers for security and brokerage accounts, child support or other court payments; payments to post bail or bond; tax payments; betting, gambling, or advancing funds at track or casino.
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Examples of Credit Purchase in a sentence

  • Unless otherwise specified in an Addendum to the Adoption Agreement, for purposes of this Section and Section 13.C. concerning prior governmental service credit, the term "actuarial cost of service credit" is defined as set forth in the Service Credit Purchase Addendum.

  • No interest is payable during the promotional period, however, interest at the AIR applicable to Regular Credit Purchases accrues from the transaction posting date and the accrued interest will be charged to your Account if the promotional balance is not paid in full by the promotion’s expiry date and any outstanding balance which was subject to the promotion will be treated as a Regular Credit Purchase.

  • Capitalized terms not defined herein shall have the meanings ascribed to them in the Renewable Energy Credit Purchase Program Agreement.

  • Customer shall not offer to sell or trade Renewable Energy Credits from the Customer System to any other party until the expiration of this Renewable Energy Credit Purchase Agreement as set forth in Section 4 above.

  • Goods and services (”Credit Purchases”) may be purchased or leased by means of such Card by Cardholder from any retail business establishment (”Seller”) who honors same upon the execution of a sales slip evidencing such Credit Purchase and bearing the account number of Cardholder embossed on the face of such Card.

  • Seller is a party to a Renewable Energy Credit Purchase Agreement with Company dated , 20 (the “REC Agreement”).

  • At the time of retirement, an average LEOFF Plan 2 retiree is age 56, has 17 years of service, and a monthly final average salary of $5,000.Service Credit Purchase Calculation1.

  • Capitalized terms not defined herein shall have the meanings ascribed to them in the Builder Up Front Incentive Renewable Energy Credit Purchase Program Agreement.

  • This Renewable Energy Credit Purchase and Sale Agreement (this “Agreement”), together with the appendices and any other attachments referenced herein, is made and entered into between Pacific Gas and Electric Company, a California corporation (“Buyer”), and [Seller], a [include place of formation and business type] (“Seller”), as of the Execution Date.

  • Cardholder shall not use the Card or permit the use of Related Cards to obtain Credit Purchase or Loans which will increase Cardholder's VISA indebtedness to Issuer to an amount in excess of 2% of the limit established by Issuer.


More Definitions of Credit Purchase

Credit Purchase mean goods and services which may be purchased or leased by means of the card from any retail business establishment which honors the card upon the execution of a sales slip evidencing such Credit Purchase and your account number. VALLEY NATURAL FOODS VISA® PLATINUM REVOLVING CARD AGREEMENT & DISCLOSURE STATEMENT Metro Offices: 651.215.3500 Toll-Free: 888.
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Credit Purchase means use of your Card or Account Number to purchase or lease goods and/or services.
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Credit Purchase means the purchase of credits from a mitigation bank, as that term is defined at N.J.A.C. 7:7A-1.3, as a substitute for performance of restoration, creation, enhancement, or upland preservation by a permittee. Each credit counts for a certain acreage amount of mitigation type. Once a credit is applied to satisfy a mitigation obligation under this subchapter, it is exhausted and may not be sold or used again.
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Related to Credit Purchase

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • Refinancing Revolving Lender as defined in Section 2.26(a).

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.15(a)(ii).

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time or, if the Revolving Credit Commitments have terminated, Revolving Credit Exposure.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Revolving Loan Maturity Date means (a) the date which is five years from the Closing Date or (b) such earlier date upon which the Revolving Commitments may be terminated in accordance with the terms hereof.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Liquidity Commitment means, as to each Liquidity Bank, its commitment under its related Liquidity Agreement.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • Refinancing Lender means, at any time, any bank, other financial institution or institutional investor that agrees to provide any portion of any Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.28; provided that each Refinancing Lender (other than any Person that is a Lender, an Affiliate of a Lender or an Approved Fund of a Lender at such time) shall be subject to the approval of the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) (such approval not to be unreasonably withheld or delayed), in each case to the extent any such consent would be required from the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) under Section 10.4(b) for an assignment of Loans or Commitments to such Refinancing Lender.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Credit Period means with respect to any building that is included in a Tax Credit Project, the period of 10 years beginning with (i) the taxable year in which the building is Placed In Service, or (ii) at the election of the Developer, the succeeding taxable year.

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $50,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Letter of Credit Maximum Amount means $5,000,000; provided that, on and after the Maturity Date, the Letter of Credit Maximum Amount shall be zero.