Trade Credit definition

Trade Credit means accounts receivable, trade credit or other advances extended to, or investment made in, customers or suppliers, including intercompany, in the ordinary course of business.
Trade Credit means that certain Trade Credit extended by the Trade Creditors to the Borrowers pursuant to the Trade Credit Documents.
Trade Credit shall have the same meaning as assigned to it under guidelines of the Reserve Bank of India as amended.

Examples of Trade Credit in a sentence

  • For the avoidance of doubt, B▇▇▇▇▇▇▇ will receive no benefit or ownership of any incremental tokens with respect to any portion of the Authorized Amount that is not associated with a Trade Credit.

  • For the avoidance of doubt, ▇▇▇▇▇▇▇▇ will receive no benefit or ownership of any incremental tokens with respect to any portion of the Authorized Amount that is not associated with a Trade Credit.

  • To the extent that such Approved Debtors are not entitled to receive any such Trade Credit Amounts, or in the event that any such Approved Debtors are entitled to receive such Trade Credit Amounts but elect not to apply the corresponding Trade Credit Amount to the reduction of any payment made on a Purchased Receivable, and the Collections with respect to such Purchased Receivable include any such corresponding Trade Credit Amount, the amount thereof shall be attributable to and paid to the Company.

  • The Buyer confirms that it is aware and agrees that the amount of the Trade Credit Limit during the term of the Contract may change and assumes all the risks associated with it.

  • THIS AMENDMENT TO AMENDED AND RESTATED CO-BRANDED MASTERCARD CARD PROGRAM AGREEMENT (this “Amendment”), effective as of December 30, 2013, is made by and between Greensky Trade Credit, LLC, a Georgia limited liability company (“Greensky”), and Comdata Inc., a Delaware corporation and successor in interest to Comdata Network, Inc., a Maryland corporation (“Comdata”).

  • THIS THIRD AMENDMENT TO AMENDED AND RESTATED CO-BRANDED MASTERCARD CARD PROGRAM AGREEMENT (this “Amendment”), effective as of March 3, 2016, is made by and between Greensky Trade Credit, LLC, a Georgia limited liability company (“Greensky”), and Comdata Inc., a Delaware corporation and successor in interest to Comdata Network, Inc., a Maryland corporation (“Comdata”).

  • This obligation of the Buyer to pay the part of the Price of the Goods exceeding the amount of the Trade Credit Limit must be fulfilled regardless of whether the Parties have agreed in the Order regarding the extended payment terms for the Goods (the Seller’s claim in this case shall have priority).

  • For example, if during the term of the Contract the amount of the Trade Credit Limit decreases and the Seller notifies the Buyer by e-mail thereof (Clause 13.1 of the General Terms and Conditions), the Buyer undertakes to pay the part of the Price of the Goods exceeding the amount of the Trade Credit Limit immediately, but no later than within 3 (three) days from the date when the Seller makes such a claim to the Buyer by e-mail .

  • A Trade Credit Insurance Program is in place with Coface and is already used by all the sites in scope of this policy.

  • Notwithstanding anything herein to the contrary, this CTF Agreement does not apply to Delayed Settlement OTC Orders and no Trade Credit or other financing shall be extended in connection therewith.


More Definitions of Trade Credit

Trade Credit means any obligation incurred or assumed by the Company in the ordinary course of business in connection with the obtaining of materials or services, and all obligations of the Company in respect of any guarantees of such obligations of subsidiaries of the Company; provided that Trade Credit shall not include any obligations of the Company in respect of travelers checks or other unsubordinated financial instruments issued by the Company.
Trade Credit means any debt for goods or services; but
Trade Credit means a credit granted to the Customer by Zakład Produkcji Folii EFEKT PLUS Sp. z o.o. consisting in the deferral of the date of payment for the Products released to the Customer.
Trade Credit means ‘Invoice’, ‘Goods’ or ‘Services’, supplied by Brockman to the Customer at the Customer’s request from time to time (where the context so permits the terms, ‘Invoice’, ‘Goods’ or ‘Services, shall be interchangeable for each other).
Trade Credit means any of those amounts;
Trade Credit means any debt for payment of goods or services where the payment may be required by the vendor after a stipulated period after the supply of the goods or services, but does not include a short 10

Related to Trade Credit

  • Trade Confirmation means a confirmation to the Custodian from the Company of the Company’s acquisition of a Loan, and setting forth applicable information with respect to such Loan, which confirmation may be in the form of Schedule A attached hereto and made a part hereof, subject to such changes or additions as may be agreed to by, or in such other form as may be agreed to by, the Custodian and the Company from time to time.

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

  • Letter of Credit Report means a certificate substantially the form of Exhibit H or any other form approved by the Administrative Agent.

  • Service Credit means the periods of time for which the required contributions have been

  • Standard Letter of Credit Practice means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit.