Other Eligible Support and Other Posted Support. (i) “Value” with respect to Other Eligible Support and Other Posted Support means: not applicable.
(ii) “Transfer” with respect to Other Eligible Support and Other Posted Support means: not applicable.
Other Eligible Support and Other Posted Support. (i) “Value” with respect to Other Eligible Support and Other Posted Support means: ____________________________________________
(ii) “Transfer” with respect to Other Eligible Support and Other Posted Support means: ______________________________________________________________
Other Eligible Support and Other Posted Support. (i) Value" with respect to Other Eligible Support and Other Posted Support shall have such meaning as the parties shall agree in writing from time to time.
Other Eligible Support and Other Posted Support. (i) “Value” with respect to Other Eligible Support and Other Posted Support shall not be applicable.
Other Eligible Support and Other Posted Support. (i) “Value” with respect to Other Eligible Support and Other Posted Support means: See Paragraph 13(b).
Other Eligible Support and Other Posted Support. Other Eligible Support and Other Posted Support in the form of a Letter of Credit shall be subject to the following provisions (“L/C Provisions”), the rights and remedies of which shall be in addition to, and not in limitation of, those provided in the Agreement, including this Annex. As used in these L/C Provisions, references to Secured Party are to the beneficiary of the relevant Letter of Credit, and references to Pledgor are to the other party on whose behalf that Letter of Credit is issued (whether it or its Credit Support Provider is the account party responsible for reimbursing the issuer for any draws).
(i) Letters of credit shall be in the form of Exhibit A to this Credit Support Annex or such other form as Secured Party agrees to accept as security under the Agreement (each, a “Letter of Credit”). The costs and expenses (including the reasonable costs, expenses, and external attorneys’ fees of Secured Party) of establishing, renewing, substituting, canceling, increasing, or reducing the amount of, any Letters of Credit shall be borne by Pledgor.
(ii) Each Letter of Credit shall (A) be a U.S. dollar denominated, irrevocable, transferable, standby letter of credit maintained for the benefit of Secured Party and expiring not earlier than a year after its issuance, (B) be issued by a Qualified Institution for the account of Pledgor or its Credit Support Provider, (C) be governed by the XXX 000, (X) provide for Secured Party to draw upon the Letter of Credit up to the face amount of the Letter of Credit in an amount equal to all obligations of Pledgor that have become due and remain unpaid under the Agreement (after giving effect to any applicable notice requirement or grace period), or upon the entire undrawn portion of an expiring Letter of Credit when the proceeds thereof are to be held as Posted Collateral hereunder as described in clause (vi) below, (E) provide for drawings to be made upon the Letter of Credit upon submission to the bank issuing the Letter of Credit of one or more certificates specifying the amounts Secured Party would then be entitled to draw in accordance with the requirements of the Letter of Credit, and (F) contain such other terms as are reasonably required by the issuing bank and are reasonably satisfactory to Secured Party.
(iii) For purposes of this Annex, the Value of any Letter of Credit at any time shall be the undrawn balance of that Letter of Credit that Secured Party would then be entitled to draw under that Letter...
Other Eligible Support and Other Posted Support. “Value” with respect to Other Eligible Support and Other Posted Support means: With respect to any letter of credit as of any Valuation Date, the amount then available to be unconditionally drawn upon by the Secured Party; provided that the Value of any letter of credit scheduled to expire in 15 days or less after such Valuation Date shall be deemed to be zero.
Other Eligible Support and Other Posted Support. EXECUTION VERSION
Other Eligible Support and Other Posted Support. (i) Value" with respect to Other Eligible Support and Other Posted Support at any time means:
(1) With respect to any Letter of Credit meeting the criteria set forth in Paragraph 13(b)(iii)(A), the amount then available to be drawn by the Secured Party under the Letter of Credit; provided, that the Value of the Letter of Credit shall be zero from and after the occurrence of a Letter of Credit Termination Event as defined below or an Event of Default as specified under Paragraph 7 (iv) or (v).
Other Eligible Support and Other Posted Support. Value" and "Transfer" with respect to Other Eligible Support and Other Posted Support each means: Not Applicable.
