INITIAL CREDIT EVENT DATE definition

INITIAL CREDIT EVENT DATE means the date on which the initial Loan or Borrowing is funded or the initial Letter of Credit hereunder is issued.
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INITIAL CREDIT EVENT DATE means (a) the Initial Loan Date or (b) the ------------------------- date on which Commercial Paper is first issued, whichever first occurs.
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INITIAL CREDIT EVENT DATE means the date of the occurrence of the initial Credit Event.
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Related to INITIAL CREDIT EVENT DATE

  • Credit Event UPB With respect to any Credit Event Reference Obligation, the unpaid principal balance thereof as of the end of the Reporting Period related to the Payment Date that it became a Credit Event Reference Obligation.

  • Credit Event Amount With respect to each Payment Date, the aggregate amount of the Credit Event UPBs of all Credit Event Reference Obligations for the related Reporting Period.

  • Credit Event Notice means an irrevocable notice from the Issuer or the Swap Counterparty, as the case may be, to the other party (in the form and delivered in the manner described in the Default Swap) that describes a Credit Event that occurred on or after the Effective Date of the Default Swap.

  • Credit Event shall have the meaning assigned to such term in Section 4.01.

  • Credit Event Net Loss means, with respect to any Credit Event Reference Obligation, an amount equal to the excess, if any, of: