Credit Tier definition

Credit Tier means a category of credit risk determined by the Steering Committee based on FICO Scores.
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Credit Tier means a category of credit risk determined through Ally’s proprietary risk scoring system.
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Credit Tier. Any one of the six Credit Tiers designated in the Triad Financial Corporation policies and procedures manual.
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Examples of Credit Tier in a sentence

  • Your rate and credit limit will be determined by your Credit Tier which is based on your credit worthiness including income, debt ratio, employment, and credit history.

  • Prior Service Credit Tier 2: Local Miscellaneous 2% @ 60 and Local Safety 3% @ 55 Pension Contributions: PEPRA provides that equal sharing of normal costs shall be the standard.

  • The “Minimum Annual MAC” is the product of (a) the Applicable Credit Percentage associated with the Initial Credit Tier for that Term Year times (b) the MARC-Eligible Charges attributable to Subject Services during the relevant Term Year.

  • On June 21, 2011, after being advised of Claimant’s shoulder condition and without again examining Claimant, Dr. Frizzell opined that Claimant’s lifting should be restricted to 50 pounds occasionally and 25 pounds frequently, and that he should avoid continuous bending and twisting.

  • The Exchange is listing one new monthly futures contract, the Pennsylvania Compliance Alternative Energy Credit Tier II Future (PCT), which calls for the delivery of Pennsylvania Tier II Alternative Energy Certificates at expiration.

  • Prior Service Credit Tier 3: Local Miscellaneous 2% @ 62 and Local Safety 2.7% @ 57 Local Miscellaneous and Local Safety unrepresented employees in Tier 3 shall be responsible for the full employee contribution, which will be applied to the CalPERS employee contribution.

  • The Credit Tier applicable in Term Year 2 will be Tier 3 (which applies if the Customer’s MARC-Eligible Charges fall in the range from $121,000,000 through $133,099,999.99), and the Applicable Credit Percentage is seven percent (7%).

  • It is equally important to develop practical ESIA guidelines for various road- development-related substantive parameters not only environmental, such as soil, water, air, ecosystem and landscape, but also social, such as community activities, displacement and resettlement, cultural heritage, noise, air and water pollution, human health and safety.

  • Your rate and credit limit will be determined by your Credit Tier, which is based on your credit worthiness including income, debt ratio, employment, and credit history.

  • Bill Comparison Before and After Advice Letter 287-W Credit Tier Designation Pursuant to General Order 96-B, this is a Tier 3 advice letter seeking the amortization of balancing-type accounts, as well as the amortization of authorized memorandum accounts (memorandum account offset).


More Definitions of Credit Tier

Credit Tier means one of the seven credit tier categories into which a Contract is classified, as more particularly set forth on the Buy Rate Matrix.
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Related to Credit Tier

  • Letter of Credit Report means a certificate substantially the form of Exhibit H or any other form approved by the Administrative Agent.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Credit Card Advance Rate means 90%.

  • Letter of Credit Liability means the sum of (x) aggregate amount of the undrawn stated amount of all outstanding Letters of Credit plus (y) the amount drawn under Letters of Credit for which the Letter of Credit Issuer and the Lenders, or any one or more of them, have not yet received payment or reimbursement (in the form of a conversion of such liability to Loans, or otherwise) as required pursuant to Section 2.8.

  • Warehouse Lender means any lender providing financing to Seller for the purpose of warehousing, originating or purchasing a Mortgage Loan, which lender has a security interest in such Mortgage Loan to be purchased by Purchaser.

  • Credit hour means 50 minutes of classroom instruction in

  • Loan originator The entity that closes a Mortgage Loan in its own name.

  • credit meter means a meter where an account is issued subsequent to the consumption of electricity;

  • credit transfer means a payment service for crediting a payee’s payment account with a payment transaction or a series of payment transactions from a payer’s payment account by the payment service provider which holds the payer’s payment account, based on an instruction given by the payer;

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • Related Loan Group For Group 1, Loan Group 1; for Group 2, Loan Group 2; for Group 3, Loan Group 3; and for Group 4, Loan Group 4.

  • Conduit Inventory Loan shall have the meaning assigned to such term in Section 14(d).

  • Letter of Credit Liabilities means, at any time and in respect of all Letters of Credit, the sum of (a) the aggregate amount available to be drawn under all such Letters of Credit plus (b) the aggregate unpaid amount of all Reimbursement Obligations then due and payable in respect of previous drawings under such Letters of Credit.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.

  • Revolving Loan Availability means at any time the lesser of (a) the Revolving Loan Commitment or (b) the Borrowing Base Amount.

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Advance Rate has the meaning assigned to such term in Section 5.13.

  • Credit transaction means any transaction by the terms of which the repayment of money loaned or loan commitment made, or payment for goods, services, or properties sold or leased, is to be made at a future date or dates.

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to the sum of (i) the Aggregate Principal Balance of all Collateral Obligations sold and/or contributed to the Buyer by the Seller (directly or indirectly) hereunder prior to such date plus (ii) the Aggregate Principal Balance of all Collateral Obligations acquired by the Buyer other than from the Seller prior to such date, in each case calculated as of the date of the Buyer’s acquisition thereof.

  • Collateral Value The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.

  • Loan Origination Fee means the fee charged by the

  • Letter of Credit Usage means, as at any date of determination, the sum of (i) the maximum aggregate amount which is or at any time thereafter may become available for drawing under all Letters of Credit then outstanding plus (ii) the aggregate amount of all drawings under Letters of Credit honored by Issuing Lenders and not theretofore reimbursed out of the proceeds of Revolving Loans pursuant to subsection 3.3B or otherwise reimbursed by Company.