Replacement Credit Support definition

Replacement Credit Support has the meaning set forth in Section 6.7.
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Replacement Credit Support means bonds, guarantees, letters of credit, cash deposits, and other amounts, obligations or instruments to be furnished by Buyer at Closing sufficient to replace and obtain the release of the Existing Credit Support.
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Replacement Credit Support means a Letter of Credit in the amount of the Letter of Credit Amount calculated as of the Closing Date.
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Examples of Replacement Credit Support in a sentence

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

  • 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.

  • Buyer shall provide to Seller at Closing written evidence of such Replacement Credit Support Arrangement.

  • In connection therewith, Purchaser shall pay all costs and fees of the Lender, including Lender’s legal fees and all applicable transfer fees and costs, in connection with obtaining such release of the Carlyle Guarantors under the Seller Credit Support Agreements and the provision of the Replacement Credit Support Agreements.

  • The Committee acknowledged that it was no the appropriate group to follow up the MOU, but noted a discrepancy in the provision of services by WACHS in the Palliative unit in comparison to commitments made by WACHS in the planning stages of the AAA Village and Health Centre (SIHI Project).

  • The investigator should generate realistic estimates of the effect size and run different scenarios for power calculation (sensitivity analysis).

  • Contractor Credit Support 54 Section 15.1 Contractor Credit Support 54 Section 15.2 Draws on Credit Support 54 Section 15.3 Replacement Credit Support 55 Section 15.4 Financial Statements 55 Section 15.5 Security is Not a Limit on Liability 55 Section 15.6 Release of Credit Support 55 Article 16.

  • The other Party shall return the original Credit Support to the Party causing the Replacement Credit Support to be issued within five (5) Business Days after receipt of the Replacement Credit Support.

  • The Jail shall conduct a minimum of no less than one (1) routine assessment per month of each inmate with hearing or speech disability regarding the provision of appropriate auxiliary aids and services.

  • Buyer shall tender replacement credit support instruments (the Replacement Credit Support) at the Closing that fully satisfy the obligations of Sellers, or of any Affiliate of Sellers in support thereof, to provide the Seller Credit Support.


More Definitions of Replacement Credit Support

Replacement Credit Support means, collectively, the Credit Support replaced by Rev on or prior to the Contribution Date for each applicable Contributor Subsidiary.
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Replacement Credit Support has the meaning set forth in Section 4 hereof.
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Replacement Credit Support means, in respect of Ineligible Credit Support that was delivered pursuant to Paragraph 11(h)(iv), Eligible CSA Collateral with a Value equal to the Value of the Ineligible Credit Support on the Exchange Date. For the avoidance of doubt, Replacement Credit Support shall not comprise Ineligible Credit Support.
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Related to Replacement Credit Support

  • QFC Credit Support has the meaning specified in Section 11.21.

  • Substitute Credit Support has the meaning specified in Paragraph 4(d)(i).

  • Credit Support Instrument" "Credit Support Provider"

  • credit supporter means a person or company that provides a guarantee or alternative credit support for any of the payments to be made by an issuer of securities as stipulated in the terms of the securities or in an agreement governing rights of, or granting rights to, holders of the securities;

  • Fitch Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • S&P Credit Support Amount means, for any Valuation Date, the excess, if any, of

  • Equivalent Credit Support means, in relation to any Eligible Credit Support comprised in the Credit Support Balance, Eligible Credit Support of the same type, nominal value, description and amount as that Eligible Credit Support.

  • Credit Support Balance means, with respect to a Transferor on a Valuation Date, the aggregate of all Eligible Credit Support that has been transferred to or received by the Transferee under this Annex, together with any Distributions and all proceeds of any such Eligible Credit Support or Distributions, as reduced pursuant to Paragraph 2(b), Paragraph 3(c)(ii) or Paragraph 6. Any Equivalent Distributions or Interest Amount (or portion of either) not transferred pursuant to Paragraph 5(c)(i) or (ii) will form part of the Credit Support Balance.

  • Credit Support Amount has the meaning specified in Paragraph 3.

  • Credit Support Instrument The instrument or document pursuant to which the Credit Support for a given Series (or Class within such Series) is provided, as specified in the applicable Supplement.

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

  • Credit Support Instruments has the meaning set forth in Section 3.01(a).

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • Credit Support Depletion Date The first Distribution Date on which the Certificate Principal Balances of the Subordinate Certificates have been reduced to zero.

  • Credit Support Provider has the meaning specified in the Schedule.

  • Senior Credit Support Depletion Date The date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.

  • Replacement Liquidity Facility Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Original Applicable Credit Support Percentage With respect to each of the following Classes of Subordinate Certificates, the corresponding percentage described below, as of the Closing Date: Class M-1 ______% Class B-1 ______% Class B-2 ______%]

  • 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.

  • Replacement Loans has the meaning specified in Section 10.01.

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Replacement Benchmark means a benchmark rate which is:

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Credit Support Annex means the Credit Support Annex annexed to this Agreement.

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Credit Enhancement Provider means, with respect to any Securities, any person issuing, funding or otherwise making available, for the benefit of Securityholders or any party to a Serviced Corporate Trust Contract, an asset as an enhancement of the credit quality or liquidity of any Securities or the mortgage assets or other assets pledged for or underlying such Securities, such as a letter of credit, surety bond, insurance policy, guaranty, reserve fund pledge or collateral undertaking.