Credit Support Providers definition

Credit Support Providers means the credit support providers for the Facility which are identified in Clause 1 (The Obligors) of the Facility Letter.
Credit Support Providers means initially, Royal Bank of Canada, as the provider of the commitment under the Credit Support Agreement, and its successors and assigns, and any other financial institutions having a short-term unsecured debt rating of at least "A-l", "P-l" and "F-l" by S&P, Moody's, and Fitch, respectively, as assignees of the commitment of Xxxxx Xank of Canada pursuant to the terms of the Credit Support Agreement, or otherwise providing all or a portion of a Credit Support Advance.
Credit Support Providers means (i) Hxxxxx Xxxxxxxxx and Bxxxxx Xxxxxxxxx, as guarantors under that certain Guaranty between them and Bank of America, dated as of the date hereof, (ii) R&A Sxxxxxx Family Limited Partnership, as sponsor under that certain Letter of Credit, dated as of the date hereof, in favor of Bank of America for benefit of Borrower, (iii) Wxxxxxx Xxxxxx, Jr., M.D., as sponsor under that certain Letter of Credit, dated as of the date hereof, in favor of Bank of America for benefit of Borrower, (iv) Bxxxx Xxxxxx, as sponsor under that certain Letter of Credit, dated as of the date hereof, in favor of Bank of America for benefit of Borrower, and (v) Magellan, as pledgor under that certain Pledge Agreement, dated as of the date hereof, in favor of Bank of America.

Examples of Credit Support Providers in a sentence

  • To address each Party's risk relating to the creditworthiness of the other Party and to secure the prompt fulfilment of all obligations resulting from this Agreement, the Parties shall provide and maintain the Credit Support Document(s) from the Credit Support Provider(s) as specified in Section B of Part I (Individual Terms) throughout the Term for the benefit of the other Party.

  • For Credit Support Providers, the CET will undertake a similar process.

  • For purposes of this Transaction only, each of Cemex and Cemex Mexico, S.A. de C.V. shall be a Credit Support Provider in relation to Counterparty, and the Guarantee, dated as of December 13, 1999 and amended as of December 13, 2002, made by the Credit Support Providers in favor of Bank shall be a Credit Support Document in relation to Counterparty.

  • The Issuer may have the benefit of one or more Credit Support Documents made by the Credit Support Providers specified in the Supplemental Trust Deed.The Issuer may enter into one or more Option Agreements with the Option Counterparties and Option Guarantors specified in the Supplemental Trust Deed.

  • The corporate organization structure, capital structure and ownership of the Project Credit Support Providers, the Company and its Subsidiaries shall be satisfactory to each of the Bank Agent, the Representatives of the Underwriters and the FF&E Agent.

  • Pursuant to that certain Reimbursement Agreement dated as of April 1, 1998, by and among the Agent, the Issuing Bank, the Credit Support Providers and the Company (the "Reimbursement Agreement"), the Issuing Bank and the Credit Support Providers agreed to extend credit to the Company on the terms and subject to the conditions set forth therein.

  • Specifically, the amendments strengthen ICE NGX’s authority to take appropriate action to manage risks in respect of a Contracting Party, and enhance ICE NGX’s authority to take action to protect the clearinghouse and its other participants against a potential default by a Contracting Party where an event of default has been declared at another clearinghouse in respect of that Contracting Party Affiliate, or any of its affiliates or Credit Support Providers.

  • The Issuer may have the benefit of one or more Credit Support Documents made by the Credit Support Providers specified in the relevant Supplemental Trust Deed.The Issuer may enter into one or more Option Agreements with the Option Counterparties specified in the relevant Supplemental Trust Deed.

  • If specified in the Issue Memorandum, the Notes are issued with the benefit of one or more Credit Support Documents made by the Credit Support Provider(s) specified therein.

  • Under Section 1 of the ISDA U.S. Stay Protocol, you will opt in to the resolution regimes that are applicable to your direct counterparties that are Regulated Entities and each of their respective related entities, which includes affiliates that are Credit Support Providers or Specified Entities (or their equivalent under non-ISDA Master Agreement QFCs) and the ultimate parent entity organized under the relevant resolution regime.


More Definitions of Credit Support Providers

Credit Support Providers means Xxxxx Xxxxxx and Xxxxxx X. Xxxxxx, Xx., as credit support providers under the Assignment and Pledge of Certificate(s) of Deposit executed by them in favor of Seaside Bank, each dated as of the date hereof.
Credit Support Providers means in respect of Party A, , and
Credit Support Providers means in respect of Party B, .Specific designated “Credit Support Documents” to be provided by the Parties are as follows: “Credit Support Document(s)” means in respect of Party A, , and “Credit Support Document(s)” means in respect of Party B, .

Related to Credit Support Providers

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

  • Support Provider means in relation to Party A, none. Credit Support Provider means in relation to Party B, none.

  • Program Support Provider means and includes with respect to each Conduit Purchaser any Liquidity Provider and any other Person (other than any customer of such Conduit Purchaser) now or hereafter extending credit or having a commitment to extend credit to or for the account of, or to make purchases from, such Conduit Purchaser pursuant to any Program Support Agreement.

  • Credit Support Instrument" "Credit Support Provider"

  • 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;

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

  • 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.

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

  • Posted Credit Support means Posted Collateral and Other Posted Support.

  • Specified Entity has the meaning specified in the Schedule.

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

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

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

  • 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.

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

  • Applicable Credit Support Percentage As defined in Section 4.02(e).

  • Original Applicable Credit Support Percentage With respect to each of the following Classes of Subordinated Certificates, the corresponding percentage described below, as of the Closing Date: Class M...................4.25% Class B-1.................2.30% Class B-2.................1.50% Class B-3.................1.00% Class B-4.................0.55% Class B-5.................0.20%

  • 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.

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

  • Eligible Credit Support means Eligible Collateral and Other Eligible Support.

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

  • Senior Specified Enhancement Percentage As of any date of determination, 38.00%.

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

  • Credit Enhancement Provider means, with respect to any Securities, any person issuing, funding or otherwise making available, for the benefit of Securityholders or any party to a Serviced Corporate Trust Contract, an asset as an enhancement of the credit quality or liquidity of any Securities or the mortgage assets or other assets pledged for or underlying such Securities, such as a letter of credit, surety bond, insurance policy, guaranty, reserve fund pledge or collateral undertaking.

  • Qualified entity means an Entity (which itself meets the requirements set forth in clauses (a), (b) and (c) of Section 1.6 above (substituting Entity for references to Qualified Trust in such clause (c)) in which one or more Qualified Trusts described in Section 1.6 hold one-hundred percent (100%) in Fair Market Value of all equity interests in the Entity and hold one-hundred percent (100%) of all voting power in regard to the management and operation of the Entity. An Entity shall cease to be a Qualified Entity and shall be deemed, to the extent it holds Partnership Interests, to become a Former Partner, immediately prior to any event or lapse of time which causes such Entity to no longer be a Qualified Entity as defined in this Section 1.18. The definition of Qualified Entity is intended to describe Entities such as Xxxxxx Management, Inc., a Delaware corporation, or similar type Entities.

  • Pharmacy support person means a person, other than a licensed pharmacist, a registered pharmacist-intern, or a registered pharmacy technician, who may perform nontechnical duties assigned by a supervising pharmacist under the pharmacist’s responsibility and supervision.