Credit Support Obligations definition

Credit Support Obligations means any obligation(s) to provide or establish credit support for, or on behalf of, a party to this Contract such as cash, an irrevocable standby letter of credit, a margin agreement, a prepayment, a security interest in an asset, guaranty, or other good and sufficient security of a continuing nature.

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Credit Support Obligations means letters of credit, guarantees, surety bonds, trust agreements, accounts receivable recourse and repurchase agreements and other credit support instruments issued by Seller or any of its Affiliates (including the Group Companies) or third parties on behalf of any Group Company or the Business.

Credit Support Obligations means letters of credit, guarantees, surety bonds and other credit support instruments issued by Seller or any of its Affiliates or third parties on behalf of Seller with respect to the Business.

Examples of Credit Support Obligations in a sentence

Without limiting the foregoing, Credit Support Obligations include the deposit of funds by a Majority Owned Subsidiary or a wholly-owned subsidiary thereof in a credit arrangement with a banking facility whereby such funds are available to the banking facility as collateral for overdraft obligations of other Majority Owned Subsidiaries or their subsidiaries also participating in the credit arrangement with such banking facility.
The Parties acknowledge and agree that within 15 days following the Effective Date, the Parties shall prepare an amendment to each of the agreements set forth on Exhibit A-2 (the “JV Agreements”) replacing the credit support obligations set forth in each such JV Agreement (other than the amount of any credit support obligations thereunder) with the GGA Credit Support Obligations (each, a “JV Agreement Amendment”).
To the extent any adequate assurance provision or other credit support obligations set forth in any Controlled Agreement conflict with the GGA Credit Support Obligations, then the GGA Credit Support Obligations shall control to the extent of such conflict.
DISH agrees to continue to use its commercially reasonable efforts after the Closing to relieve the EchoStar Parties and their respective Affiliates of all such EchoStar Credit Support Obligations.
It is understood that the Seller Credit Support Obligations are not intended to continue after the Closing.

More Definitions of Credit Support Obligations

Credit Support Obligations has the meaning set forth in Section 7.5.

Credit Support Obligations means the obligation(s) of SCO Supplier to provide or establish credit support for the Standard Choice Offer as set forth in Columbia’s Tariff.

Credit Support Obligations means all obligations and Liabilities relating to or arising out of or in connection with the letters of credit, guarantees, bonds and other credit assurances of a comparable nature made or issued by or on behalf of Sellers or any of their Affiliates for the benefit of any Acquired Company, in each case, only as set forth in SCHEDULE B.

Credit Support Obligations means financial support provided to secure the obligations of a party to this Contract such as a Letter of Credit, a margin agreement, a prepayment, a security interest in an asset, a performance bond, guaranty, or other good and sufficient security of a continuing nature as mutually agreed on by the parties, and any obligation(s) in respect of the foregoing, all of which obligations and security shall be provided at the sole expense of the party whose credit is being supported in a form, substance and amount that is reasonably acceptable to the other party and consistent with credit and collateral requirements set-forth herein; provided that DEO shall have no obligation to provide or establish Credit Support Obligations under this Contract so long as it continues to perform in compliance with the Program. The following definitions are added to the end of Section 2:

Credit Support Obligations shall have the meaning set forth in Section 5.16.

Credit Support Obligations means the terms in any Repowering Financing Document or Tax Equity Document or other agreements or arrangements that would, in order to make such Repowering Financing Document or Tax Equity Document or other agreement or arrangement effective or not to cause a default or potential default thereunder, require Members or their Affiliates to provide credit support to the Company, the Pinnacle Project Company, any other subsidiary of the Company or any of their financing parties or in respect of any other obligation of the Company, the Pinnacle Project Company or any other subsidiary of the Company, or any of their financing parties through any equity contribution agreement, guarantee, standby letter of credit, cash collateral or similar arrangement.

Credit Support Obligations means the credit support and guarantee obligations described in Schedule 1.1(a).