Credit Rights definition

Credit Rights means the credit rights owned by the Assignor which result from the right of the Assignor established under ERSE’s decision formalised in the document that sets out the tariffs for 2018 “Tarifas e Preços para a Energia Elétrica e outros Serviços em 2018 e Parâmetros para o Período de Regulação 2018-2020””, published on 15 December 2017 and available at www.erse.pt, and pursuant to article 73-A of Decree-Law 29/2006 and, more generically, pursuant to article 85 of the Commercial Relations Regulation (Regulamento de Relações Comerciais) currently in force as approved by ERSE, to receive, through the electricity tariffs, the Over Costs.
Credit Rights means the entitlement to fully receive the Extraordinary Deviations and its accrued interest from the National Electricity System in Portugal to be included in the tariffs between January 1, 2010 and December 31, 2024 and recovered by their owners in constant monthly instalments, between February 25, 2010 and January 25, 2025, as established per Decree-Law no. 165/2008, dated August 21, Ministerial Order no. 27677/2008, dated September 19, 2008 and Ministerial Order no. 5579-A/2009, dated February 18, 2009.
Credit Rights means the credit rights of the Guaranteed Creditors with respect to the Guaranteed Obligations.

Examples of Credit Rights in a sentence

  • The Assignee acquires these amounts of the Loan Agreement including all Credit Rights fully, unconditionally and irrevocably until maturity.


More Definitions of Credit Rights

Credit Rights means the entitlement to fully receive the Extraordinary Deviations and its accrued interest from the National Electricity System in Portugal to be included in the electricity tariffs between January 1, 2010 and December 31, 2024 and recovered by their owner in constant monthly instalments, between February 25, 2010 and January 25, 2025, as established per Decree-Law no. 165/2008, of 21 August, Ministerial Order no. 27677/2008, of 19 September, and Ministerial Order no. 5579-A/2009, of 16 February.
Credit Rights means (a) the Purchased Receivables transferred by AGCO Iberia and, thus, owned by the Company, according to the provisions of the Spanish Receivables Transfer Agreement and (b) any rights arising in favour of the Company vis-à-vis AGCO Iberia under the Spanish Receivables Transfer Agreement and any other documents executed as a result of the provisions contained in the Spanish Receivables Transfer Agreement; and
Credit Rights means the credit rights owned by the Assignor which result from the right of the Assignor established under Decree-law no. 32/2014, of 28 February to receive, through the electricity tariffs for 2017 and 2018, the portion of the CMEC annual adjustment in respect of 2012 that has not yet been reflected in the electricity tariffs, with current principal amount outstanding of € 240,869,418.00, identified in table “4-38 – Amortização e juros da dívida tarifária”, page 99 of the document “Proveitos Permitidos das Empresas reguladas do Sector Eléctrico em 2015” and in table “0-15 - Amortização e juros da dívida tarifária”, page 21 of the document “Tarifas e Preços para a Energia Eléctrica e Outros Serviços em 2015”), and as results, pursuant to article 2 of Decree-law no. 32/2014, of 28 February, from the difference between the total amount of the CMEC annual adjustment in respect of 2012 approved by Order of the Secretary of State for Energy dated of 30 December 2013 of €489,703 thousand and the amount of the CMEC annual adjustment in respect of 2012 recovered through the electricity tariffs in 2013 in the amount of €248,833 thousand (as described in paragraph “0.3.3.3 Custos Para a Manutenção do Equilíbrio Contratual”, page 16 of the document “Tarifas e Preços para a Energia Eléctrica e Outros Serviços em 2013” and detailed in paragraph “Custo Total com os CMEC”, page 70 and table “5-9 – Proveitos permitidos de Compra e Venda do Acesso à Rede de Transporte”, page 71
Credit Rights means the credit and real estate rights derived from any Loan Agreement, including, but not limited to, all principal and secondary rights of the Originator of such Loan Agreement in its capacity as creditor thereunder, the rights of such Originator in its capacity as mortgagee of the real estate properties in respect of which a security interest has been granted under such Loan Agreement, any rights of such Originator as beneficiary of any Insurance Policies and any other related rights and the Promissory Notes under such Loan Agreement assigned by such Originator to the Issuer; provided that no obligations of any Originator under any Loan Agreement will be included in this definition.
Credit Rights has the meaning contemplated in Recital III.
Credit Rights means the credit rights owned by the Assignor which result from the right of the Assignor established under ERSE’s decision formalised in the document that sets out the tariffs for 2019 “Tarifas e Preços para a Energia Elétrica e outros Serviços em 2019” published in December 2018 and available at www.erse.pt and in Directive no. 5/2019, of 17 December 2018, published in the Portuguese official gazette (“Diário da República”) on 18 January 2019, and pursuant to article 73-A of Decree-Law 29/2006 of 15 February, as amended and complemented from time to time and republished by Decree-Law no. 215-A/2012, of 8 October and subsequently amended by Decree-Law no. 178/2015 and by Law no. 42/2016, of 28 December and, more generically, pursuant to article 85 of the Commercial Relations Regulation approved by Regulation no. 561/2014, of 10 December published in the Portuguese official gazette on 22 December 2014, as amended by Regulation no. 632/2017, of 23 November, published in the Portuguese official gazette on 21 December 2017 (Regulamento de Relações Comerciais), to receive, through the electricity tariffs, the Over Costs;

Related to Credit Rights

  • Letter-of-Credit Right means a right to payment or performance under a letter of credit, whether or not the beneficiary has demanded or is at the time entitled to demand payment or performance. The term does not include the right of a beneficiary to demand payment or performance under a letter of credit.

  • Credit Risk means the risk of loss or of adverse change in the financial situation, resulting from fluctuations in the credit standing of issuers of securities, counterparties and any debtors to which insurance and reinsurance undertakings are exposed, in the form of counterparty default risk, or spread risk, or market risk concentrations;

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.