Eligible credit definition

Eligible credit means:
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Eligible credit means any credit earned on or after July 1, 2008, as well as any credit earned prior to July 1, 2008, that is eligible to be carried forward to the first tax year beginning on or after July 1, 2008
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Eligible credit has the meaning specified in Section 2.4. FAAN means FAAN Advisors Group Inc. in its capacity as the financial and chief process advisor to GFI. FTI means FTI Capital Advisors – Canada ULC in its capacity as the financial adviser to the Majority Bondholder. GFI/Mint Purchased Indebtedness has the meaning specified in the Recitals.
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Examples of Eligible credit in a sentence

  • Eligible credit reserves .......................................................................................................................28.

  • Eligible credit protection is also used to mitigate credit losses in the event that the obligor/counterparty defaults.

  • Eligible credit risk mitigation techniques for large exposures are those that meet the minimum requirements and eligibility criteria for the recognition of unfunded credit protection and financial collateral that qualify under Chapter CA-4.

  • Eligible credit hours that do not transfer must also be included.

  • Eligible credit cards may be primary cards or additional cards and may be denominated in Hong Kong dollar, Renminbi or United States dollar.

  • Eligible credit protection is to be recognised by supervisors when reduction in the level of credit risk on the exposure as a result of the CRM is sufficiently certain, e.g. the contract setting the collateral to the transaction cannot be changed unilaterally or the realisation of the collateral can be led in a defined timeframe.

  • Eligible credit risk mitigants like financial collateral, non-financial collateral and guarantees, are used to mitigate credit risk exposure.

  • Behind these tensions are concerns on both sides over continuing economic fragility and the dangers of social unrest.

  • Eligible credit cards may be primary cards or additional cards and may be denominated in Macau Patacas, Hong Kong dollar or Renminbi (Dual Currency Credit Card).

  • Eligible credit cards include VISA, MasterCard, Discover, and American Express.


More Definitions of Eligible credit

Eligible credit is a credit given under the old Act in respect of a service not referred to in paragraphs 1 to 7 of subsection 2
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Eligible credit means a medium term export credit satisfying each of the criteria set forth in Section 4.1.
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Related to Eligible credit

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

  • Eligible Currency means each currency specified as such in Paragraph 11(a)(ii), if such currency is freely available.

  • Eligible child means the children of:

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Eligible Compensation means (i) for eligible exempt employees, such employee’s base salary at the time the Bonus or Spot Bonus is determined (prorated for time in an eligible position), and (ii) for eligible non-exempt and non-union hourly employees, such employees’ eligible wages for the applicable year as determined by the Company to be required by law.