Credit Support Facility definition

Credit Support Facility means the facility described in greater detail in the CSF Operational Manual and which offers the provision by UECC to PFIs of a Participation Loan, Standby Liquidity Option or Partial Risk Guarantee to PFIs to facilitate, in each case, the making of an Approved PFI Loan.
Credit Support Facility means the Credit Support Facility to be established pursuant to Part G.2 (b) of the Project;
Credit Support Facility means the Citi Credit Support Facility and/or any Alternative Credit Support Facility. “Creditors” means, collectively, the First Creditor, Stanwell, the Third Creditor and the Fourth Creditor.

Examples of Credit Support Facility in a sentence

  • The nearest college (9 miles) is Reedley Community College and it is the college where most SVHS students transition into and attend.SVHS is a continuation high school serving 10th-12th grade students.

  • Such credit support facility will also cover the Borrowers’ obligation to pay the Credit Support Facility Fee.

  • The Credit Support Facility shall be structured so that if there is a shortfall in scheduled interest payments or principal payments by the Borrowers under the Notes or in respect of the Credit Support Facility Fee, the Lender will, subject to the terms of Credit Support Facility agreement, provide loans to the Borrowers to remedy such shortfall and/or non-payment.

  • The creation of a vibrant and thriving economy which is not so reliant on the public sector is obviously key to resolving this tension, but in the current climate and particularly in the Outer Hebrides where opportunities are limited by population size and peripheral location, this is currently not a viable answer to this issue.Investment by Government (both UK and Scottish) into sustainable economic industries may contribute to a rise in job opportunities outside the public sector.

  • Then pull both the handles backward simultaneously, tilting the glass inwards.- With the aid of the gas cylinder the handles can then be pulled upward, raising the window into its rest position.- Push the glass upward until a locking “click” is heard.

  • Under the Credit Support Facility, any loans shall be paid into an account of the Borrowers (such account to be secured in favour of the senior secured creditors) that will satisfy the outstanding principal and scheduled interest under the Notes and/or, as applicable, Credit Support Facility Fee, up to the level of the Total Commitments.

  • The Credit Support Facility shall stay in place and be available for utilisation until the Longstop Date unless the Notes are redeemed in full, earlier pursuant to the terms of the Indenture.Credit Support Facility Fee:1% of the available commitments, being the Total Commitments minus the amount of any loans made but not repaid in cash.

  • An example was given of The Agricultural Credit Support Facility, which is being managed through Bank of Uganda, but with the money being disbursed through private Commercial Banks to the private sector.

  • The Project Implementing Entity shall carry out the actions referred to in I.B (Implementation Covenants), I.E (Environmental and Social Safeguards) and I.G (Credit Support Facility) of Schedule 2 to the Financing Agreement that are applicable to it, in accordance with the provisions of such Section.

  • Credit Support Facility – The need for a Credit Support Facility appears likely at this point, but must be confirmed during project preparation.


More Definitions of Credit Support Facility

Credit Support Facility means the Citi Credit Support Facility and/or any Alternative Credit Support Facility.

Related to Credit Support Facility

  • Support Facility means any liquidity or credit support agreement with a CP Conduit which relates to this Agreement (including any agreement to purchase an assignment of or participation in Class B Notes).

  • credit supporter means a person or company that provides a guarantee or alternative credit support for any of the payments to be made by an issuer of securities as stipulated in the terms of the securities or in an agreement governing rights of, or granting rights to, holders of the securities;

  • Credit Support Instrument" "Credit Support Provider"

  • Credit Support Instrument The instrument or document pursuant to which the Credit Support for a given Series (or Class within such Series) is provided, as specified in the applicable Supplement.

  • QFC Credit Support has the meaning specified in Section 11.21.

  • Credit Support Instruments has the meaning set forth in Section 3.01(a).

  • Credit Support Provider has the meaning specified in the Schedule.

  • Fitch Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • port facility means any publicly or privately owned facility located within this State through which cargo is transported by way of a waterborne ship or vehicle to or from destinations outside this State and which handles cargo owned by third parties in addition to cargo owned by the port facility’s owner.

  • Substitute Credit Support has the meaning specified in Paragraph 4(d)(i).

  • Credit Support Amount has the meaning specified in Paragraph 3.

  • Credit Support Balance means, with respect to a Transferor on a Valuation Date, the aggregate of all Eligible Credit Support that has been transferred to or received by the Transferee under this Annex, together with any Distributions and all proceeds of any such Eligible Credit Support or Distributions, as reduced pursuant to Paragraph 2(b), Paragraph 3(c)(ii) or Paragraph 6. Any Equivalent Distributions or Interest Amount (or portion of either) not transferred pursuant to Paragraph 5(c)(i) or (ii) will form part of the Credit Support Balance.

  • S&P Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • Credit Support Default provisions of Section 5(a)(iii) will apply to Party A and will not apply to Party B.

  • Credit Support Annex means the Credit Support Annex annexed to this Agreement.

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Liquidity Facility “Loan Trustee”, “Long-Term Rating”, “Non-Extended Facility”, “Operative Agreements”, “Participation Agreements”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Series A Equipment Notes”, “Scheduled Payment”, “Short-Term Rating”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement” and “United States”.

  • Senior Credit Support Depletion Date The date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.

  • Credit Support Depletion Date The first Distribution Date on which the Certificate Principal Balances of the Subordinate Certificates have been reduced to zero.

  • Credit Support Document means any agreement or instrument that is specified as such in this Agreement.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Utility facility means any pipe, pipeline, duct, wire line, conduit, pole, tower, equipment or other structure used for one of the following:

  • Replacement Facility means 1 of the following:

  • Replacement Liquidity Facility Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Credit Support Pledge Agreement The Credit Support Pledge Agreement, dated as of November 24, 1998, among the Master Servicer, GMAC Mortgage Corporation, Combined Collateral LLC and The First National Bank of Chicago (now known as Bank One, National Association), as custodian.

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.