Secured Credit definition

Secured Credit means the facility described in Section VII.
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Secured Credit means any Credit Issued hereunder that is secured by Collateral. “Secured Obligations” means all Obligations in respect of Secured Letters of Credit.
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Secured Credit means any Credit Issued hereunder that is secured by Collateral.
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Examples of Secured Credit in a sentence

  • All amounts borrowed pursuant to the Senior Amended and Restated Senior Secured Credit Agreement are guaranteed by the Guarantors.

  • At the date the Corporation receives notice of a beneficial interest, a contribution with donor restrictions of a perpetual nature is recorded in the consolidated statements of changes in net assets.

  • Under the Senior Secured Credit Agreement, the financial and non-financial covenants are reviewed on an ongoing basis by management to monitor compliance with the agreement.

  • All amounts borrowed pursuant to the Amended and Restated Senior Secured Credit Agreement are guaranteed by the Company and certain of its subsidiaries (the “Guarantors”).

  • The obligations of guarantors under the Prepetition Secured Credit Agreements are noted on Schedule H for each individual debtor.

  • The Debtors have identified The Huntington National Bank (“Huntington Bank”) to provide its New Senior Secured Credit Facility.

  • The Debtors are party to the Prepetition Secured Credit Agreements which were executed by multiple Debtors.

  • Please refer to the Secured Credit Card with Fixed Deposit Terms & Conditions for more information.

  • The ARCO/Equistar Settlement Pro Rata Allocation shall be used to determine the aggregate distributions allocable to each of the four following subcategories of Senior Secured Claims: (i) claims arising under the Senior Secured Credit Agreement, (ii) claims arising under the Secured Hedge Agreements, (iii) the Arco Notes Claims and (iv) the Equistar Notes Claims.

  • Existing principal CIMB credit cardholders, new CIMB CashLite and Balance Transfer applications, new supplementary cardholder, new Secured Credit Card applications, and upgrading principal CIMB credit cardholders are not eligible for this Promotion.


More Definitions of Secured Credit

Secured Credit means a loan which is 100% backed by cash that is frozen in your Brooklyn Cooperative account.
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Related to Secured Credit

  • Secured Hedge Agreement means any Swap Contract that is entered into by and between any Loan Party and any Hedge Bank.

  • Secured Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers, the Hedge Banks, the Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Collateral Documents.

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

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