Applicable Issuing Bank definition

Applicable Issuing Bank means, with respect to any Letter of Credit, the Issuing Bank that has issued or shall issue such Letter of Credit, and with respect to any LC Disbursement, the Issuing Bank that has made such LC Disbursement.

Applicable Issuing Bank means, with respect to a Borrower Group, an Issuing Bank for such Borrower Group.

Applicable Issuing Bank means (a) RBC or any other Issuing Bank that has issued, or has a commitment to issue, U.S. Letters of Credit, (b) RBC or any other Issuing Bank that has issued, or has a commitment to issue, Canadian Letters of Credit, or (c) RBC Europe, or any other Issuing Bank that has issued, or has a commitment to issue, Australian Letters of Credit.

Examples of Applicable Issuing Bank in a sentence

• Unless otherwise expressly agreed by the Borrower and the Applicable Issuing Bank, the Applicable Requirements shall apply to each Issuance.

• The Applicable Issuing Bank for any Issuance shall, promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under such Issuance.

• Such deposit shall be held by the Administrative Agent, ratably for the benefit of the Applicable Issuing Bank, as collateral for the payment and performance of the Obligations.

• If the Borrower is required to provide an amount of cash collateral hereunder pursuant to Section 2.01(c)(i), such amount (to the extent not applied as aforesaid) shall be returned to the Borrower within three Business Days after the Applicable Issuing Bank shall have no further obligations as described in the last sentence of Section 2.01(c)(i).

• All fees payable under Section 2.05 shall be payable in Dollars, unless otherwise agreed by the Applicable Issuing Bank in its sole discretion.

More Definitions of Applicable Issuing Bank

Applicable Issuing Bank means (a) with respect to the Borrower Group made up of U.S. Borrowers, the U.S. Issuing Bank, and (b) with respect to the Borrower Group made up of the Canadian Borrower, the Canadian Issuing Bank.

Applicable Issuing Bank means Xxxxx Fargo, JPMorgan Chase Bank, N.A. and Capital One, N.A. or any other Issuing Bank that has issued, or has a commitment to issue, Letters of Credit.

Applicable Issuing Bank means (a) RBC, Wells Fargo Bank, N.A. or any other Issuing Bank that has issued, or has a commitment to issue, U.S. Letters of Credit, (b) RBC, The Toronto-Dominion Bank, The Bank of Nova Scotia or any other Issuing Bank that has issued, or has a commitment to issue, Canadian Letters of Credit, or (c) RBC Europe, or any other Issuing Bank that has issued, or has a commitment to issue, Australian Letters of Credit.

Applicable Issuing Bank means (a) Wells Fargo, Hibernia National Bank or any other Issuing Bank that has issued, or has a commitment to issue,

Applicable Issuing Bank as defined in Section 2.2(b)(i) (Procedures for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of Credit).

Applicable Issuing Bank means (a) CSFB or any other Issuing Bank that has issued, or has a commitment to issue, U.S. Letters of Credit, with respect to U.S. Letters of Credit, and (b) CSFBC or any other Issuing Bank that has issued, or has a commitment to issue, Canadian Letters of Credit, with respect to Canadian Letters of Credit.

Applicable Issuing Bank means (a) Xxxxx Fargo, JPMorgan Chase Bank, N.A., Capital One, N.A. or any other Issuing Bank that has issued, or has a commitment to issue, U.S. Letters of Credit, with respect to U.S. Letters of Credit, and (b) RBC, The Toronto-Dominion Bank, The Bank of Nova Scotia or any other Issuing Bank that has issued, or has a commitment to issue, Canadian Letters of Credit, with respect to Canadian Letters of Credit.