Replacement Credit definition

Replacement Credit means an Environmental Product delivered by a Warranting Seller in satisfaction of its Revocation Obligations in respect of a Revoked Credit, which Replacement Credit meets the delivery specifications of the Physically Settled Environmental Futures Transaction under which the Revoked Credit was delivered by the Warranting Seller;
View Source
Replacement Credit means a credit issued by us at our discretion that can be redeemed at a Retail Partner store of our choice for you to purchase a replacement Appliance.
View Source
Replacement Credit means a credit issued by Us at Our discretion that can be redeemed at a Smiths City store of Our choice for You to purchase a replacement Appliance.
View Source

Examples of Replacement Credit in a sentence

  • If such Refinancing Indebtedness is intended to constitute a Replacement Credit Agreement, the Company shall so state in its Designation.

  • During the Warranty Period, a Warranty Replacement Credit toward Replacement Product shall be 100%.

  • A Warranty Replacement Credit may be redeemed for Replacement Product and does not have any other value.

  • The undersigned is [acting as trustee/agent/Administrative Agent/Collateral Agent for] [[a] Lender(s)] [an additional Secured Party] [a Secured Commodity Hedge Counterparty] under the [describe Replacement Credit Agreement, other agreement(s) evidencing Refinanced Indebtedness, Additional Obligations, Secured Commodity Hedge and Power Sales Agreement, as applicable] (the “Additional Document”).

  • Purchaser shall pay any and all fees, expenses, deposits or other amounts under or in connection with any Replacement Credit Support Arrangements.

  • The Partnership shall use the proceeds from the issuance of such Preferred Units to the GSO Partner solely to repay outstanding Indebtedness of any of the Partnership Group Companies under any of the Senior Debt Agreements or any other agreements governing any material Indebtedness of any of the Partnership Group Companies (including a Replacement Credit Agreement) so as to remedy the applicable condition(s) described in clauses (a) and (b) of this Section 5.8.

  • The provisions of Section 2.17 of the Credit Agreement (or equivalent provision of any Replacement Credit Agreement) shall apply to each Guarantor mutatis mutandis.

  • SE Corp shall, and shall cause its Affiliates to, provide reasonable cooperation to SEP in connection with SEP’s efforts to obtain each Replacement Credit Support pursuant to this Section 6.7.

  • Any and all payments by or on account of any obligation of any Guarantor hereunder or under any other Loan Document shall be made free and clear of, and without deduction for, any Indemnified Taxes or Other Taxes (or equivalent terms used in any Replacement Credit Agreement) on the same terms and to the same extent that payments by the Company and Holdings are required to be made pursuant to the terms of Section 2.17 of the Credit Agreement (or equivalent provision of any Replacement Credit Agreement).

  • The Partnership shall pay such Distributions on the Preferred Units in cash, unless prohibited by the Senior Debt Agreements or any Replacement Credit Agreement.


More Definitions of Replacement Credit

Replacement Credit means the excess of the sum of the amounts stated pursuant to Items (vi) and (vii) of the Maintenance Certificate over the amount stated pursuant to Item (iii).
View Source

Related to Replacement Credit