Credit Support Assets definition

Credit Support Assets means any items comprising the Credit Support Balance (if any) (as defined in the CSA) held by or on behalf of the Issuer pursuant to the relevant CSA (if any) and shall include all the Issuer’s rights to and all sums derived from such items, including any right to an equivalent number or value of such items arising as a result of such items being held in the Clearing System or through a financial intermediary.

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Credit Support Assets means the Receivables and other Collateral (as defined in the Permitted CIT Agreements as of the Closing Date) pledged or sold pursuant to the terms of the Permitted CIT Agreements.

Credit Support Assets means any items comprising the Credit Support Balance (if any) (as defined in the CSA) held by the Issuer (or the Custodian on the Issuer’s behalf) pursuant to the CSA.

Examples of Credit Support Assets in a sentence

However, if the Notes become subject to mandatory redemption under Condition 7(c) (Redemption on termination of Charged Agreement) following an event of default under the Swap Agreement, there shall be no return of Credit Support Assets by the Issuer or Equivalent Credit Support by the Swap Counterparty.
The account of the Custodian in which the Collateral Securities and any securities forming part of the Credit Support Assets are held from time to time.
Under the terms of the Credit Support Annex any Collateral Securities or Credit Support Assets held by the Issuer will be released and transferred to the Swap Counterparty in the event that a Delivery Amount or Return Amount is due to the Swap Counterparty.
In the event that Eligible Credit Support is delivered to the Issuer pursuant to the Credit Support Annex, the Issuer's rights against the Custodian pursuant to the Custody Agreement will extend to and include the Credit Support Assets.

More Definitions of Credit Support Assets

Credit Support Assets means (a) ABL Priority Collateral and (b) any unencumbered (or partly encumbered) asset that is subject to a Superpriority Claim in favor of the Administrative Agent and the Lenders (including, without limitation, the unencumbered 35% portion of the equity of Claire’s Swiss Holdings LLC and Claire’s Stores Canada Corp.).

Credit Support Assets means, at any time, Eligible Credit Support then posted to the Issuer under the Credit Support Annex (and held by the Custodian) which comprise the Credit Support Balance of the Swap Counterparty.

Credit Support Assets means any items comprising the Credit Support Balance (if any) (as defined in the CSA) transferred by the Swap Counterparty to, and held by or on behalf of, the Issuer pursuant to the relevant CSA (if any) and shall include all the Issuer’s rights to and all sums derived from such items, including any right to an equivalent number or value of such items arising as a result of such items being held in the Clearing System or through a financial intermediary.

Credit Support Assets means any items comprising the Credit Support Balance (as defined in the CSA) of the Counterparty (if any) held by or on behalf of the Company pursuant to the CSA in respect of the Notes;

Credit Support Assets means any items comprising the Credit Support Balance (if any) (as defined in the CSA (Par Asset Swap) and/or the CSA (Cash Flow Swap)) held by the Issuer (or the Custodian on the Issuer’s behalf) pursuant to the CSA (Par Asset Swap) and/or the CSA (Cash Flow Swap).

Credit Support Assets means any collateral posted by the Swap Counterparty pursuant to the terms of a Credit Support Annex following the occurrence of a Swap Rating Downgrade.

Credit Support Assets means any items comprising the Credit Support Balance (if any) (as defined in the CSA) held by or on behalf of the Issuer pursuant to the relevant CSA (if any).