Credit Status definition

Credit Status any of Credit Status 1, Credit Status 2, Credit Status 3, Credit Status 4 or Credit Status 5. In determining whether Credit Status 1, Credit Status 2, Credit Status 3, Credit Status 4 or Credit Status 5 shall apply in any circumstance, if the applicable ratings by S&P and Xxxxx’x differ, the higher of the two ratings will be determinative, unless the applicable ratings by S&P and Xxxxx’x are more than one level apart, in which case the Credit Status one level above the lower rating will be determinative. In the event that the Borrower’s senior unsecured long-term debt is rated by only one of S&P and Xxxxx’x, then that single rating shall be determinative.
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Credit Status any of Credit Status 1, Credit Status 2, Credit Status 3, Credit Status 4, Credit Status 5 or Credit Status 6. In determining whether Credit Status 1, Credit Status 2, Credit Status 3, Credit Status 4, Credit Status 5 or Credit Status 6 shall apply in any circumstance, if the applicable ratings by S&P and Moody’s differ, the higher of the two ratings will be determinative, unless the applicable ratings by S&P and Moody’s are more than one level apart, in which case the Credit Status one level below the higher rating will be determinative. In the event that Gannett’s senior unsecured long-term debt is rated by only one of S&P and Moody’s, then that single rating shall be determinative.
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Credit Status means the state of a clean heat credit. The following statuses can apply to clean heat credits.
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Examples of Credit Status in a sentence

  • Each Allocation Transfer will have a Cash Account Status, a Credit Status and an ESA Status of 'priority', unless the RBA determines that it will have an ESA Status of 'active'.

  • You may need to filter the proposals in your queue by Proposal Status (for example, filtering for active proposals), Control Number, Proposal Type (such as program or course), or Credit Status (credit or noncredit).

  • Checks must be made payable to the Community Betterment Organization and noted specifically for that project or activity, and electronic funds transfers must be into the Community Betterment Organization’s bank account for the project or program certified for Tax Credit Status by the Department.

  • If this element is coded as B (Course is a basic skills course), then the previously selected CB04: Credit Status must be C – Not Degree-Applicable.

  • Credit Status in relation to a RITS Transaction means a parameter set by the payer that affects whether the System will test the Transaction for Settlement, and which may be used by the payer to manage its credit exposures to its customers.Eligible Security has the meaning given in clause 20(b).Eligible Settlement File means a file containing details of Transactions to be entered into the System through an Approved Network or via the User Interface under the LVSS.

  • A third approach uses the affine arbitrage-free canonical finance latent factor model.The crucial issue in combining macro and finance then is how to connect the macroeco- nomic variables with the yield factors.

  • Select the Credit Status (CB04) desired from the three options: D – Credit: Degree Applicable, C – Credit: Not Degree Applicable, or N - Noncredit.

  • In addition to documentation required by Section 8.01 of these Rules and Regulations, the Department may require documentation from Business Firms or Individuals that demonstrates that contributions made to programs or projects approved and certified by the Department for Tax Credit Status may qualify as a charitable contribution deduction on the federal income tax return filed by the Business Firms or Individuals.

  • Credit Status of the Company and its Controlling Shareholder and De Facto Controller during the Reporting Period During the Reporting Period, the Company and its controlling shareholder and de facto controller of the Company were not involved in any events regarding failure to perform obligations under a judgement of courts, nor have they had any relatively large amount of debts which have become due and outstanding.

  • If a student's excessive absences earn "No Credit Status" after the deadline, the due date of the appeal for credit form will be extended up to one week after the last absence.3. Students will have the opportunity to explain and validate their attendance record on the appeal form.


More Definitions of Credit Status

Credit Status any of Credit Status 1, Credit Status 2, Credit Status 3, Credit Status 4 or Credit Status 5. In determining whether Credit Status 1, Credit Status 2, Credit Status 3, Credit Status 4 or Credit Status 5 shall apply in any circumstance, if the applicable ratings by 509265-1918-Active.17170865.29 S&P and Xxxxx’x differ, the higher of the two ratings will be determinative, unless the applicable ratings by S&P and Xxxxx’x are more than one level apart, in which case the Credit Status one level above the lower rating will be determinative. In the event that the Borrower’s senior unsecured long-term debt is rated by only one of S&P and Xxxxx’x, then that single rating shall be determinative.
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Credit Status any of Credit Status 1, Credit Status 2, Credit Status 3, Credit Status 4 or Credit Status 5. In determining whether Credit Status 1, Credit Status 2, Credit Status 3, Credit Status 4 or Credit Status 5 shall apply in any circumstance, if the applicable ratings by S&P and Xxxxx’x differ, the higher of the two ratings will be determinative, unless the applicable ratings by S&P and Xxxxx’x are more than one level apart, in which case the Credit Status one level above the lower rating will be determinative. In the event that the Borrower’s senior unsecured long-term debt is rated by only one of S&P and Xxxxx’x, then that single rating shall be determinative. “Credit Status 1”: shall exist upon the occurrence of the higher of a rating by S&P of the Borrower’s senior unsecured long-term debt of at least A- or a rating by Xxxxx’x of the Borrower’s senior unsecured long-term debt of at least A3. “Credit Status 2”: shall exist upon the occurrence of the higher of a rating by S&P of the Borrower’s senior unsecured long-term debt of at least BBB+ but lower than A- or a rating by Xxxxx’x of the Borrower’s senior unsecured long-term debt of at least Baa1 but lower than A3.
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Credit Status either of Credit Status 1 or Credit Status 2.
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Credit Status has the meaning assigned to such term in the definition of "Applicable Rate"; provided that, for the avoidance of doubt, once the Borrower achieves a Credit Status, such Credit Status shall apply to the Borrower for the term of this Agreement, regardless of any corporate credit ratings received by the Borrower after receipt of the Initial Corporate Credit Ratings.
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Related to Credit Status

  • Permanent status means the state or condition achieved by an employee in the classified service who has successfully completed an initial probationary period or a probationary period required following reinstatement, or whose probationary period is waived through specific statutory direction.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Credit File means all Credit Documents and all other credit, collateral, or insurance documents in the possession or custody of the Assuming Institution, or any of its Subsidiaries or Affiliates, relating to an Asset or a Loan included in a Put Notice, or copies of any thereof.

  • Loan Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the Lenders pursuant to Section 2.02(a).

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Swing Loan Exposure means, as of any date of determination with respect to any Lender, such Lender’s Pro Rata Share of the Swing Loans on such date.

  • Loan File means, with respect to each Loan delivered to the Custodian, each of the Loan Documents identified on the related Loan Checklist.

  • Credit Voucher means a document executed by a Merchant evidencing any refund or price adjustment relating to Cards to be credited to a Cardholder account.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;