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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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.
Handy Backup is a ridiculously awesome data backup line of software products for home and business users.
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.
As yet another backup, 1 million gallons can be pumped through a 16-inch, above-ground, temporary backup line from Kendall Reservoir into Holden No.
Griffith and Associates provides consulting services to financial institutions for a wide array of product services and data storage applications, and will market the Spare Backup line of services and backup applications tailored to its clients needs.
In June, Hewlett-Packard introduced a suite of de-duplication systems for small and medium-sized businesses and added some features to its HP StorageWorks backup line.