Credit Tier definition

Credit Tier means a category of credit risk determined by the Steering Committee based on FICO Scores.
Sample 1Sample 2Sample 3
Credit Tier means a category of credit risk determined through Ally’s proprietary risk scoring system.
Sample 1Sample 2Sample 3
Credit Tier. Any one of the six Credit Tiers designated in the Triad Financial Corporation policies and procedures manual.
Sample 1Sample 2Sample 3

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.

  • 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.

  • 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%).

  • 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.

  • By continuing to provide such alternative methods to qualify for a Penny Credit Tier, the Exchange believes the opportunities to qualify for credits is increased, which benefits all participants through increased volume to the Exchange.

  • The Exchange believes that the proposed modification to Penny Credit Tier 2 would continue to incent OTP Holders to direct their Customer order flow to the Exchange.

  • Lenders are more apt to support innovative projects when they understand risks and mitigation strategies.Energy Trust is working with three of 10 announced Business Energy Tax Credit Tier 2projects (with costs ranging from $0.5 million to $6 million).

  • Credit Tier Two member regular accounts, Benefits-In-Force Reserve, and employer reserves equally with the remaining available earnings.

  • The Exchange notes that OTP Holders are still eligible to qualify for Penny Credit Tier 2 under the existing alternative (see supra note 5) based onan increase over a specified benchmark in posted interest in all issues, all account types other than Market Maker.

  • A Firm or Broker Dealer currently may also qualify for a decreased fee cap by achieving Customer Penny Posting Credit Tier levels.9 The Exchange proposes to raise the Monthly Fee Cap to $150,000 per month and to eliminate the decreased fee caps for Firms or Broker Dealers that achieve Customer Penny Posting Credit Tiers, such that all Firms and Broker Dealers would be eligible for a $150,000 monthly fee cap.


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.
Sample 1

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.

  • Credit Card Advance Rate means 90%.

  • Letter of Credit Liability means, all reimbursement and other liabilities of Borrower or any of its Subsidiaries with respect to each Lender Letter of Credit, whether contingent or otherwise, including: (a) the amount available to be drawn or which may become available to be drawn; (b) all amounts which have been paid or made available by any Lender issuing a Lender Letter of Credit or any bank issuing a Bank Letter of Credit to the extent not reimbursed; and (c) all unpaid interest, fees and expenses related thereto.

  • 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.

  • Credit Risk Manager Fee Rate 0.0125% per annum.

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

  • Letter of Credit Liabilities means, for any Bank and at any time, such Bank's ratable participation in the sum of (x) the amounts then owing by the Borrower in respect of amounts drawn under Letters of Credit and (y) the aggregate amount then available for drawing under all 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 the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • 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 (a) the aggregate principal balance of all Portfolio Investments acquired by the Company prior to such date minus (b) the aggregate principal balance of all Portfolio Investments repurchased by the Parent or an Affiliate thereof prior to such date.

  • 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.

  • Letter of Credit Related Person has the meaning specified therefor in Section 2.11(f) of the Agreement.

  • Loan Origination Fee means the fee charged by the

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Letter of Credit Usage means, as of any date of determination, the aggregate undrawn amount of all outstanding Letters of Credit.

  • Letter of Credit Participation shall have the meaning provided in Section 3.3(a).