Credit Risk definition

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;

Credit Risk means the risk of loss resulting from a Customer’s failure to pay a Credit Approved Receivable on the due date solely because of the Customer’s financial inability to make such payment.

Credit Risk means the customer's failure to pay the Account in full when due on its longest maturity solely because of its financial inability to pay. If there is any change in the amount, terms, shipping date or delivery date for any shipment of goods or rendition of services (other than accepting returns and granting allowances as provided in section 8 below), you must submit a change of terms request to us, and, if such pertains to a Factor Risk Account, then we shall advise you of our decision either to retain the Credit Risk or to withdraw the credit approval. Accounts on which we bear the Credit Risk are referred to collectively as "Factor Risk Accounts", and individually as a "Factor Risk Account". Accounts on which you bear some or all of the risk as to credit are referred to collectively as "Client Risk Accounts", and individually as a "Client Risk Account".

Examples of Credit Risk in a sentence

• In no event shall the Owner Trustee, the Paying Agent or the Certificate Registrar have any responsibility to monitor compliance with or be charged with knowledge of the Credit Risk Retention Rules, nor shall any of them be liable to any investor, Noteholder, party or any other Person whatsoever for violation of such rules or requirements or such similar provisions now or hereafter in effect.

• Upon receipt of the foregoing certifications, the Certificate Registrar shall, subject to Section 5.2(f), Section 5.3(a), Section 5.3(i), the following provisions of this Section 5.3(j), and Section 5.3(n), reflect such Credit Risk Retention Certificate in the name of the prospective Transferee, and shall deliver a receipt in the form set forth in Exhibit R to the Transferee with a copy via email to each of the Retaining Sponsor and the transferor.

• In its capacity as Certificate Registrar, the Certificate Administrator shall be responsible for, among other things, holding each Credit Risk Retention Certificate as a Definitive Certificate on behalf of the Holder of such Certificate in accordance with Section 5.2(f).

• After the termination of the VRR Interest Transfer Restriction Period and the Transfer Restriction Period (EU), if a transfer of a Credit Risk Retention Certificate is to be made and such Credit Risk Retention Certificate is in the Credit Risk Retention Certificate Safekeeping Account, the Certificate Registrar shall not register a Transfer of such Credit Risk Retention Certificate unless it is so instructed by the Certificate Administrator.

• An economic interest in the credit risk of the Trust Loan is expected to be retained pursuant to the U.S. Credit Risk Retention Rules as an “eligible vertical interest” (as defined in the U.S. Credit Risk Retention Rules) in the form of the Combined VRR Interest.

More Definitions of Credit Risk

Credit Risk means the risk of finan- cial loss to an Enterprise from non- performance by borrowers or other ob- ligors on instruments in which an En- terprise has a financial interest, or as to which the Enterprise has a financial obligation.

Credit Risk means the financial risk that a consumer will default on a loan.

Credit Risk means the risk of loss resulting solely and exclusively from the financial inability of your customer to pay at maturity a Receivable purchased hereunder.

Credit Risk means the risk that a counterparty, whether a participant or other entity, will be unable to fully meet its financial obligations when they fall due or at any time in the future;

Credit Risk means, in relation to a borrower, the risk that the borrower may not be able to meet its contractual obligations to repay the debt of the borrower;

Credit Risk. The risk that a customer will be financially unable to pay an Account at maturity, provided that the merchandise has been received or services rendered and accepted by the customer without Dispute.

Credit Risk means the risk of loss due to the failure of the issuer of a security.