Supplemental Credit definition

Supplemental Credit means a credit that is added to a Participant’s Supplemental Account pursuant to Section 4.3.
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Supplemental Credit. FACILITY shall mean the $50,000,000 revolving credit facility made available by the Lender pursuant to the Supplemental Credit Facility Note and the Supplemental Credit Agreement, as amended by the Supplemental Credit Facility Amendments.
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Supplemental Credit means either one of them, as the case may be.
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Examples of Supplemental Credit in a sentence

  • If Discover Bank as Servicer makes such a request, and if the Credit Enhancement Provider elects to make such loan, the amount of such loan shall be equal to the Supplemental Credit Enhancement Amount and shall be added to the unpaid principal amount of the Loan.

  • The foregoing does not constitute and is not intended to result in the creation or assumption by the Trust, the Owner Trustee (as such or in its individual capacity), the Indenture Trustee, any Noteholders or any Supplemental Credit Enhancement Providers of any obligation of the Servicer, the Transferor or any other Person in connection with the Additional Trust Assets or under any agreement or instrument relating thereto, including any obligation to Obligors, merchants clearance systems or insurers.

  • Both the form and the provider of the Supplemental Credit Enhancement Amount, if any, shall be determined at the time it is to be paid; provided, that the Master Servicer shall have received confirmation from Standard & Poor's that the arrangements with respect to the Supplemental Credit Enhancement Amount, if any, will not result in the rating of the Investor Certificates of the Series established hereby being withdrawn or lowered.

  • If Greenwood as Servicer makes such a request, and if the Credit Enhancement Provider elects to make such loan, the amount of such loan shall be equal to the Supplemental Credit Enhancement Amount and shall be added to the unpaid principal amount of the Loan.

  • The obligation of the Issuer to make payments of principal, interest and other amounts on the Notes and to make payments in respect of any Derivative Agreements, Supplemental Credit Enhancement Agreements or Liquidity Facilities is limited in recourse as set forth in Section 8.10.

  • In the event that a Supplemental Credit Enhancement Event occurs, Greenwood as Servicer may cause the Supplemental Credit Enhancement Amount to be funded by Series Excess Servicing and other amounts paid to the Trustee as administrator of the Credit Enhancement to fund the Available Class B Credit Enhancement Amount, or may request that the Credit Enhancement Provider make an additional loan in the amount of the Supplemental Credit Enhancement Amount.

  • In addition, if the additional Notes are a Series or Class of Notes that has the benefit of any Supplemental Credit Enhancement Agreement or any Liquidity Facility, the Issuer will enter into a Supplemental Credit Enhancement Agreement or Liquidity Facility, as applicable, for the benefit of the additional Notes.

  • In the event that a Supplemental Credit Enhancement Event occurs, Discover Bank as Servicer may request that the Credit Enhancement Provider make an additional loan in the amount of the Supplemental Credit Enhancement Amount.

  • At the time of any additional loan described in this Section 8, Discover Bank as Servicer and the Credit Enhancement Provider may agree in writing that the Supplemental Credit Enhancement Amount, the Increased Credit Enhancement Amount or the Additional Credit Support Amount, as applicable, shall bear interest at a different LIBOR-Based Rate, which rate shall reflect prevailing market conditions and the expected duration of such additional loan.

  • The Collateral may also comprise, from time to time: (1) additional Asset Pool One Collateral Certificates; (2) additional Trust Receivables; (3) additional bank accounts; and (4) rights, benefits and powers under Derivative Agreements, Supplemental Credit Enhancement Agreements, and Supplemental Liquidity Agreements.


More Definitions of Supplemental Credit

Supplemental Credit means a credit that 1s added to a Participant'sSupplemental Account pursuant to Section 4.3.
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Supplemental Credit means an amount credited to a Participant’s Account, without regard to any Employee Deferrals or any other contributions to the Plan, by the Employer in accordance with Section 4.3.
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Supplemental Credit means a supplemental amount in various currencies equivalent to thirty three million four hundred thousand Special Drawing Rights (SDR 33,400,000) provided to the Borrower, on the terms and conditions set forth or referred to in the Amending Agreement.” Section 1.06. Section 2.01 of the Development Credit Agreement is amended to read as follows: Section 2.01. The Association agrees to make available to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to fifty four million three hundred thousand Special Drawing Rights (SDR 54,300,000) (the Credit) which consists of: (a) an initial amount in various currencies equivalent to twenty million nine hundred thousand Special Drawing Rights (SDR 20,900,000) (the “Initial Credit”); and (b) a supplemental amount in various currencies equivalent to thirty three million four hundred thousand Special Drawing Rights (SDR 33,400,000) (the “Supplemental Credit”).” Section 1.07. The Closing Date in Section 2.03 of the Development Credit Agreement is replaced with the date December 30, 2006. Section 1.08. A provision is added at the end of Section 2.05 (b)(i) of the Development Credit Agreement reading as follows: “; provided however that the commitment charge on the Supplemental Credit shall accrue from a date sixty (60) days after the date of the signing of the Amending Agreement.” Section 1.09. Section 2.08 (a) is amended to read as follows: (a) Subject to paragraphs (b) and (c) below, the Borrower shall repay: (i) the principal amount of the Initial Credit in semiannual installments payable on each April 1 and October 1 commencing October 1, 2013, and ending April 1, 2038. Each installment to and including the installment payable on April 1, 2023, shall be one and one-fourth percent (1-1/4%) of such principal amount, and each installment thereafter shall be two and one-half percent (2-1/2%) of such principal amount; and (ii) the principal amount of the Supplemental Credit in semiannual installments payable on each April 1 and October 1 commencing April 1, 2015, and ending October 1, 2039. Each installment to and including the installment payable on October 1, 2024, shall be one and one-fourth percent (1-1/4%) of such principal amount, and each installment thereafter shall be two and one-half percent (2-1/2%) of such principal amount.” Section 1.10. The table in paragraph 1 of Schedule 1 to the Development Credit Agreement (Wi...
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Supplemental Credit means, with respect to any Participant for any plan year of the Savings and Profit-Sharing Plan, an amount equal to the excess of (i) over (ii), where
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Supplemental Credit means a supplemental amount in various currencies equivalent to fourteen million seven hundred thousand Special Drawing Rights (SDR14,700,000) provided to the Borrower, on the terms and conditions set forth or referred to in this Amending Agreement.” Section 1.04. Section 2.01 of the Development Credit Agreement is amended to read as follows: Section 2.01. The Association agrees to make available to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to twenty nine million four hundred thousand Special Drawing Rights (SDR29,400,000) (the Credit) which consists of: (a) an initial amount in various currencies equivalent to fourteen million seven hundred thousand Special Drawing Rights (SDR14,700,000) (the “Credit”); and (b) a supplemental amount in various currencies equivalent to fourteen million seven hundred thousand Special Drawing Rights (SDR14,700,000) (the “Supplemental Credit”).” Section 1.05. A proviso is added at the end of Section 2.05 (b)(i) of the Development Credit Agreement reading as follows: “; provided however that the commitment charge on the Supplemental Credit shall accrue from a date sixty (60) days after the date of the signing of the Amending Agreement.” Section 1.06. Section 2.08(a) of the Development Credit Agreement is amended to read as follows:
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Related to Supplemental Credit

  • Additional Credit Facilities means any credit facilities added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • 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.

  • 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.

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

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

  • Dual credit means the system under which an eligible high school student enrolls in college course(s) and receives credit for the course(s) from both the college and high school.

  • 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;

  • Credit Enhancement means, with respect to this Confirmation or any other Relevant Agreement, any credit enhancement or other credit support arrangement in support of the obligations of Dealer or Counterparty hereunder or thereunder or with respect hereto or thereto, including any guarantee or collateral arrangement (including any pledge, charge, mortgage or other security interest in collateral or title transfer arrangement), trust or similar arrangement, letter of credit, transfer of margin or any similar arrangement.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • 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.

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

  • 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.

  • Conduit Credit Enhancer shall have the meaning assigned to such term in Section 14(d).

  • Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.

  • 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.

  • Supplemental contract means a written agreement entered into for the distribution of proceeds under a life, health, or annuity policy or contract.

  • New Credit Facility is defined in Section 9.8.

  • Credit Enhancement Agreements means, collectively, any documents, instruments, guarantees or agreements entered into by the Company, any of its Restricted Subsidiaries, or any Receivables Entity for the purpose of providing credit support for one or more Receivables Entities or any of their respective securities, debt instruments, obligations or other Indebtedness.

  • 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.

  • Refinancing Amendment means an amendment to this Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower executed by each of (a) the Borrower and Holdings, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any portion of the Credit Agreement Refinancing Indebtedness being incurred pursuant thereto, in accordance with Section 2.21.

  • Credit Enhancements means surety bonds, insurance policies, letters of credit, guarantees and other

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Federal credit means the Low Income Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.

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

  • Company Credit Agreement means the Amended and Restated Credit Agreement, dated as of September 30, 2016, as amended from time to time, among the Company, the guarantors named therein, the lenders named therein, and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, and all pledge, security, guaranty and other agreements and documents related thereto.

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