Common use of Letter of Credit Borrowing Clause in Contracts

Letter of Credit Borrowing. An extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Loan. All Letter of Credit Borrowings shall be denominated in Dollars.

Letter of Credit Borrowing. An extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Loan. All Letter of Credit Borrowings shall be denominated in Dollars.

Letter of Credit Borrowing. An extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Domestic Revolving Credit Loan. All Letter of Credit Borrowings shall be denominated in Dollars, European Loan, Canadian Revolving Loan or Australian Revolving Loan.

Letter of Credit Borrowing. An extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Domestic Revolving Credit Loan. All Letter of Credit Borrowings shall be denominated in Dollars, European Loan, Canadian Revolving Loan or Australian Loan.

Letter of Credit Borrowing. An extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit LoanCommitted Borrowing. All Upon a Letter of Credit Borrowings Borrowing, the Unpaid Reimbursement Obligation that is covered by such Letter of Credit Borrowing shall be denominated deemed to be represented by, and not in Dollarsaddition to, such Letter of Credit Borrowing.