Group credit definition

Group credit means the research credit (if any) allowable to a controlled group.
Group credit means the RTMC (if any) allowable to a controlled group;

Examples of Group credit in a sentence

  • Group credit life and/or disability insurance is available to you.

  • The premium will be debited monthly to the Principal Insured’s Foschini Group credit facility and the premium is due monthly.

  • The Group credit risk arises from transactions with counterparties, mainly individual customers and corporations.

  • A Group credit committee monitors material credit exposures on a Group wide basis.

  • The MSI Group credit limit restricts potential credit exposure to any one borrower or counterparty and to groups of connected borrowers or counterparties.

  • The Principal Insured authorises the Administrator to collect the premium from the Principal Insured’s Foschini Group credit facility and to pay it over to Guardrisk on behalf of the Principal Insured in the amount as specified, and after this, the Foschini Group credit facility terms and conditions will apply.

  • The premium payable is the monthly amount specified in the Foschini Group credit facility statement of account, which is subject to review once every calendar year.

  • Regular reports are provided to Group Credit on the credit quality of loan portfolio and appropriate corrective action is taken.• Providing advice, guidance and specialist skills to business units to promote best practice throughout in themanagement of credit risk.Each business unit is required to implement Group credit policies and procedures.

  • It is hereby agreed that all sums insured, amounts and limits reflected in this Policy and Foschini Group credit facility statements of account are inclusive of VAT.

  • A further reduction in KBC Bank Group credit ratings also could have a significant impact on certain trading revenues, particularly in those businesses where longer term counterparty performance is critical.

Related to Group credit

  • pension credit ; means the means-tested Guarantee or Savings Credit administered by the Department for Work and Pensions under the State Pension Credit Regulations 2002;

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended as of November 14, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as administrative agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Principal Credit Facility means any loan agreement, credit agreement, note purchase agreement, indenture or similar document under which credit facilities in the aggregate original principal or commitment amount of at least $20,000,000 are provided for.

  • Credit Enhancement Percentage For any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the sum of the aggregate Certificate Principal Balances of the Mezzanine Certificates and the Class CE Certificates, and the denominator of which is the aggregate Stated Principal Balance of the Mortgage Loans, calculated after taking into account distributions of principal on the Mortgage Loans and distribution of the Principal Distribution Amount to the Certificates then entitled to distributions of principal on such Distribution Date.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Customer Credit Liabilities means at any time, the aggregate remaining value at such time of (a) outstanding gift certificates and gift cards of the Borrowers entitling the holder thereof to use all or a portion of the certificate or gift card to pay all or a portion of the purchase price for any Inventory, and (b) outstanding merchandise credits of the Borrowers.

  • Group I The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group I, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Group B means educational improvements for pupils in

  • ABL Credit Facility means the senior secured asset-based revolving loan facility and the term loan facilities made pursuant to the ABL Credit Agreement.

  • New Credit Facility is defined in Section 9.8.

  • Universal Credit means any payment of Universal Credit payable under the Welfare Reform Act 2012, the Universal Credit Regulations 2013, The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013, Universal Credit (Miscellaneous Amendments) Regulations 2013 and the Universal Credit (Transitional Provisions) Regulations 2014;

  • Group II The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group II, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.

  • Group 3 All of the Group 3 Certificates.

  • Group A means educational programs for career exploration, a

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Group 1 All of the Group 1 Certificates.

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

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Group 4 All of the Group 4 Certificates.

  • Loan Group II The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group II.

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.