Commitment.
Commitment. The term commitment means any arrangement that obligates a savings association to:
(1) Purchase loans or securities;
(2) Extend credit in the form of loans or leases, participations in loans or leases, overdraft facilities, revolving credit facilities, home equity lines of credit, eligible ABCP liquidity facilities, or similar transactions.
Source
12 CFR § 567.1
Scoping language
For the purposes of this subpart: