Letter of Credit Applications definition

Letter of Credit Applications. (a) in the case of Standby Letters of Credit, a letter of credit application for a Standby Letter of Credit on the standard form of the applicable Issuing Lender for standby letters of credit, and (b) in the case of Commercial Letters of Credit, a letter of credit application for a Commercial Letter of Credit on the standard form of the applicable Issuing Lender for commercial letters of credit.
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Letter of Credit Applications shall have the meaning given to such term in Section 2.13 hereof;
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Letter of Credit Applications as such term is defined in the FIL Credit Agreement.
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Examples of Letter of Credit Applications in a sentence

  • In the event of any conflict between the provisions of this Agreement and those of any other Loan Document, the provisions of this Agreement shall control; provided that the inclusion of supplemental rights or remedies in favor of any Agent or any Lender in any other Loan Document shall not be deemed a conflict with this Agreement and subject, in the case of Letter of Credit Applications, to the last sentence of Section 2.04(b)(i).

  • This Credit Agreement, the Notes, the Letter of Credit Applications, the Letters of Credit and the Security Documents.

  • The Administrative Agent will forward to each Bank, promptly after receipt thereof, a copy of each notice or other document furnished to the Administrative Agent for such Bank hereunder; provided, however, that, notwithstanding the foregoing, the Administrative Agent may furnish to the Banks a monthly summary with respect to Letters of Credit issued hereunder in lieu of copies of the related Letter of Credit Applications.

  • Each Letter of Credit Application, or if applicable, amendments to such Letter of Credit Applications, shall be fully completed and shall specify the information required therein.

  • The indebtedness of the Borrower to the Issuing Bank resulting from Letters of Credit requested by the Borrower shall be evidenced by the Letter of Credit Applications made by the Borrower.


More Definitions of Letter of Credit Applications

Letter of Credit Applications means, collectively, each Commercial Letter of Credit Application and each Standby Letter of Credit Application.
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Letter of Credit Applications means, collectively, the applications and agreements from the applicable Borrower to NationsBank (in respect of Domestic Letters of Credit) or CIBC (in respect of Canadian Letters of Credit) executed and delivered from time to time to support the issuance of Letters of Credit;
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Letter of Credit Applications the collective reference to Commercial L/C Applications and Standby L/C Applications.
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Letter of Credit Applications means all letter of credit applications and other agreements (including any amendments, modifications or supplements thereto) submitted by the Borrower, or entered into by the Borrower, with Lender relating to any Letter of Credit.
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Letter of Credit Applications means, collectively, each Application for Standby Letter of Credit and each Application and Agreement for Irrevocable Letter of Credit, in the forms prescribed by the Lender, duly executed by Borrower in favor of the Lender, from time to time, to govern a Letter of Credit, as any of the same may be amended from time to time.
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Letter of Credit Applications the collective reference to Commercial Letter of Credit Applications and Standby Letter of Credit Applications.
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Letter of Credit Applications. Obligation of Reimbursement", "Previous Note", "Sixth Amendment" and "Special Account" in the appropriate alphabetical locations:
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