Backup line

Backup line

A commercial paper issuer's bank line of credit covering maturing notes if, for some reason, selling new notes to cover the maturing notes is not possible.

Backup Line of Credit

A bank's guarantee of an issuer's commercial paper. Commercial paper is a short-term, unsecured debt security usually issued by a company with a very high credit rating. As a result, commercial paper is very low-risk. The backup line provides additional security for the paper, but usually does not provide credit for the full value of the paper. The issuer pays a fee to the bank for the backup line.
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the contracting authority requires the construction of a main and a backup link to different main and backup line technologies in order to ensure the availability of the designated site of the contracting entity.
THe technology for the back- up was developed in collaboration with IITM, provides a 48V DC as a power backup line.
In the event of a problem with the main fibre optic circuit, the customer's connection will automatically and seamlessly failover to a backup line.
M2 EQUITYBITES-August 14, 2015-Imation to Sell RDX Storage Disc Backup Line for USD 6m
If not for those interventions, the complainer would have a backup line that actually looked like a chorus.
A source at the Electric Power Company in Daraa told SANA that due to the terrorist attack on the line, rationing hours in the city will be increased temporarily and that the company is using a backup line until the damaged line is repaired, which is expected to take only a few hours.
He said during the training camp three types of players including experienced seniors, backup line and some best junior players will be in action.
PCB Chairman said he was looking for more tours for Pakistan "A" and Pakistan Under-19 teams to groom and prepare players as backup line.
According to Jalaluddin, although Pakistan was lacking in the backup line, but deserving batsmen should be exposed to international cricket to develop them for future, adding that Pakistan cricket cannot be put on the track without proper development at the lower level.
Moreover, the region of the county served continues to endure costly, dangerous power outages for lack of the proposed backup line.
By using the wireless WAN monitoring function to verify connection status, wireless WAN can be used with confidence as a backup line when there is a main line failure.
TEPCO) had begun to install a backup line for providing fresh water to the Reactor Pressure Vessels (RPVs) at Units 1, 2, and 3.