Credit worthiness definition

Credit worthiness means the ability of the applicant to meet the lending institution's standard lending criteria.
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Credit worthiness. ,worthiness” means ability of applicant to meet lending institution's standard
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Credit worthiness. , worthiness" means ability of applicant to meet lending institution's standard lending criteria; criteria;
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Examples of Credit worthiness in a sentence

  • Credit worthiness of a counterparty is evaluated prior to the granting of credit.

  • Credit worthiness and collection procedures are reviewed properly and promptly.

  • Credit worthiness and financial well-being of the customer is monitored on an ongoing basis.

  • Credit worthiness of guarantors is established at the time of granting the facilities and reviewed at least annually.

  • Credit worthiness of debtors is undertaken when appropriate.Equity price riskPrice risk arises from investments in equity securities.

  • Credit worthiness of debtors is periodically reviewed in compliance with the legislation and in case that the risk level of debtor deteriorates, the credit limits are revised and further collateral is required by risk rating models developed and optimized for this purpose.

  • These details can then be used for determining the: Limit granted under a particular security Credit worthiness of a security when it’s used as collateral Since market based securities (Marketable Securities) are driven by market forces, the price of such securities tends to rise or fall in value.

  • Stage 2 – Credit worthiness policy and assessmentThis Council uses the creditworthiness service provided by Link.

  • Credit worthiness of customers is reviewed by the Company on an annual basis or more frequently, if warranted, and those not meeting certain credit criteria are required to make 100% provisional payment up-front or provide an acceptable payment instrument such as a letter of credit.

  • The Company has adopted a policy of only dealing with creditworthy customers.The credit limit is granted to a customer after assessing the Credit worthiness based on the information supplied by credit rating agencies, publicly available financial information or its own past trading records and trends.At March 31, 2017, the company did not consider there to be any significant concentration of credit risk, which had not been adequately provided for.


More Definitions of Credit worthiness

Credit worthiness. ,worthiness” means the ability of the applicant to meet the lending institution's
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Credit worthiness means any item of information which, in any way, represents or bears upon the credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living of a person.
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Credit worthiness of an individual means the individual's:
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Related to Credit worthiness

  • Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Transient accommodation means a room, group of rooms, or other living or sleeping space for the lodging of occupants, including but not limited to residences or buildings used as residences, that is obtained through a transient space marketplace or is a professionally managed unit. "Transient accommodation" does not include: a hotel or hotel room; a room, group of rooms, or other living or sleeping space used as a place of assembly; a dormitory or other similar residential facility of an elementary or secondary school or a college or university; a hospital, nursing home, or other similar residential facility of a provider of services for the care, support and treatment of individuals that is licensed by the State; a campsite, cabin, lean-to, or other similar residential facility of a campground or an adult or youth camp; a furnished or unfurnished private residential property, including but not limited to condominiums, bungalows, single-family homes and similar living units, where no maid service, room service, linen changing service or other common hotel services are made available by the lessor and where the keys to the furnished or unfurnished private residential property, whether a physical key, access to a keyless locking mechanism, or other means of physical ingress to the furnished or unfurnished private residential property, are provided to the lessee at the location of an offsite real estate broker licensed by the New Jersey Real Estate Commission pursuant to R.S.45:15-1 et seq.; or leases of real property with a term of at least 90 consecutive days.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Required Facility Lenders means, with respect to any Facility on any date of determination, Lenders having more than 50% of the sum of (i) the outstanding Loans under such Facility and (ii) the aggregate unused Commitments under such Facility; provided that, to the same extent set forth in Section 10.07(h) with respect to determination of Required Lenders, the Loans of any Affiliated Lender shall in each case be excluded for purposes of making a determination of Required Facility Lenders.