credit supporter definition

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 supporter means an institution with which Clearing Corporation has entered into an agreement for providing a funds and/ or securities line of credit to meet it settlement requirements.
credit supporter means TCPL, in its capacity as guarantor of the Trust Notes — Series 2016-A hereunder, and includes any successor entity to or of TCPL which shall have complied with the provisions of Section 6.2;

More Definitions of credit supporter

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
credit supporter means TCPL, in its capacity as guarantor of the Trust Notes – Series 2022-A hereunder, and includes any successor entity to or of TCPL which shall have complied with the provisions of Section 6.2;
credit supporter means an institution with which Clearing Corporation h as entered into an agreement for providing a funds line of credit and / or securities to meet its settlement requirements.
credit supporter means an institution withwhich Clearing Corporation hasentered into anagreement for providing a funds lineofcredit and/or securities to meet itssettlement requirements.

Related to credit supporter

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

  • 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.

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