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Commercial Updates
Commercial Updates contract clause examples

Commercial Paper” means the promissory notes issued or to be issued by the Conduit Investors in the commercial paper market.

Commercial Paper” means, on any day, either # the promissory notes of any Conduit Lender issued by such Conduit Lender in the commercial paper market or # the promissory notes issued in the commercial paper market by a multi-seller commercial paper conduit the proceeds of which are loaned to a Conduit Lender that are allocated, in whole or in part, by such Conduit Lender to fund or maintain its Principal Obligation hereunder.

Commercial Paper Notes” means any short-term promissory notes issued by or on behalf of a Conduit Lender with respect to financing any Loan hereunder.

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