Legal contract entered into by a financial institution and a debtor when he/she accepts a loan. The contract spells out all the conditions of the loan including repayment terms, corresponding interest rates, and other relevant information for the debtor. A credit agreement only holds the parties listed on the contract responsible for the loan unless otherwise stated in the terms and conditions. Depending on the type of loan, the credit agreement may be very extensive. For instance, a mortgage loan credit agreement is far more detailed than one for a credit card.
Related information about credit agreement:
- Credit Agreement Definition | Investopedia
A legal contract in which a bank arranges to loan a customer a certain amount of money for a specified amount of time. The credit agreement outlines all the ...
- Sample Contracts - Credit Agreement - Business Agreements
30-Day Past Due Letter; 60-Day Past Due Letter; 90-Day Past Due Letter; Bad Check Notice; Credit Card - Cancel Refuse Charge; Credit Card Inquiry; Credit ...
- The LSTA's Complete Credit Agreement Guide: Richard Wight ...
The definitive guide to managing the entire credit agreement process. The LSTA's Complete Credit Agreement Guide is the most comprehensive handbook ...
- CREDIT AGREEMENT - Aegis Electronic Group
CREDIT AGREEMENT. PLEASE PRINT OR TYPE (All questions must be completed for this application to be processed). Firm Name (Complete Legal Name) ...
- the “Credit Agreement” - Federal Reserve Bank of New York
Reference is made to the Credit Agreement (the “Credit Agreement”) entered into as ... Each of the undersigned parties hereby agrees that the Credit Agreement ...
- 815 ILCS 160/ Credit Agreements Act.
(1) "Credit agreement" means an agreement or commitment by a creditor to ... (3) "Debtor" means a person who obtains credit or seeks a credit agreement or ...
- Credit Agreement - Securities and Exchange Commission
Exhibit 10.1. TERM LOAN AGREEMENT. dated as of May 15, 2009. among. ALLIANCE DATA SYSTEMS CORPORATION,. as Borrower,. THE GUARANTORS ...
- Distressed Investing: How to Read a Credit Agreeement?
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