Additional Issuing Bank definition

Additional Issuing Bank as defined in Section 2.10(f).
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Additional Issuing Bank as defined in Section 2.4(i).
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Additional Issuing Bank shall have the meaning provided in Section 2.2(c)(ii).
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Examples of Additional Issuing Bank in a sentence

  • Any Lender designated as an Additional Issuing Bank shall remain as such until the Lead Borrower gives written notice to the Administrative Agent that such Lender is no longer an Additional Issuing Bank.

  • A Revolving Lender may become an Issuing Bank pursuant to a written agreement among Company, Administrative Agent and such Revolving Lender (an "ADDITIONAL ISSUING BANK"), but only if the Issuing Bank has an insufficiently high credit rating for the issuance of the requested Letter of Credit, whereupon Administrative Agent shall notify other Revolving Lenders of such Additional Issuing Bank.

  • Upon becoming an Additional Issuing Bank, all references to "Issuing Bank" herein shall be deemed to include such Additional Issuing Bank for the purposes of such Letters of Credit.

  • Such new Issuing Bank shall provide its Issuing Bank Commitment in such Notice of Additional Issuing Bank and upon the receipt by the Administrative Agent of the fully executed Notice of Additional Issuing Bank, Schedule 1.01(d) shall be deemed amended to incorporate the Issuing Bank Commitment of such new Issuing Bank.

  • Any Lender hereunder may become an Issuing Bank upon receipt by the Administrative Agent of a fully executed Notice of Additional Issuing Bank which shall be signed by the Borrower, the Administrative Agent and each Issuing Bank.

  • Any Revolving Facility Lender hereunder may become an Issuing Bank upon receipt by the Administrative Agent of a fully executed Notice of Additional Issuing Bank which shall be signed by BGI, the Administrative Agent and the applicable Issuing Bank.

  • Any Lender designated as an Additional Issuing Bank shall remain as such until the Administrative Borrower gives written notice to the Administrative Agent that such Lender is no longer an Additional Issuing Bank or such Additional Issuing Bank resigns pursuant to Section 14.11(g); provided that no Letter of Credit Obligations remain outstanding with respect to such Additional Issuing Bank.

  • Each Additional Issuing Bank shall notify the Administrative Agent at least two (2) Business Days before (i) the issuance of any Letter of Credit by such Additional Issuing Bank and (ii) any amendment or modification to any Letter of Credit issued by such Additional Issuing Bank.

  • The Administrative Borrower may appoint Additional Issuing Banks by written agreement among the Administrative Borrower, the Administrative Agent and the applicable Additional Issuing Bank entered into at least two (2) Business Days before the issuance of any Letters of Credit by such Additional Issuing Bank.

  • In addition, any Additional Issuing Bank may, at any time give notice of its resignation to the Administrative Agent and the Company.


More Definitions of Additional Issuing Bank

Additional Issuing Bank any financial institution that is a Lender selected by Borrower Agent and approved by Administrative Agent (which approval shall not be unreasonably withheld, conditioned or delayed) to issue one or more Letters of Credit hereunder, provided that such financial institution consents to becoming an Additional Issuing Bank and provided further that such financial institution shall become a party to this Agreement in the capacity as an Issuing Bank by executing a joinder agreement in form and substance reasonably satisfactory to Administrative Agent and signed by the Borrowers, the Additional Issuing Bank and Administrative Agent.
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Additional Issuing Bank means up to two (2) Lenders, in addition to the Administrative Agent, each designated by the Administrative Borrower as an additional issuer of Letters of Credit pursuant to Section 2.3(j).
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Additional Issuing Bank any financial institution that is a Lender acceptable to Agent in consultation with Borrower Agent to issue one or more Letters of Credit hereunder, provided that such financial institution consents to becoming an Additional Issuing Bank and provided, further that such financial institution shall become a party to this Agreement in the capacity as a Canadian Issuing Bank or U.S. Issuing Bank, as the case may be, by executing a joinder agreement in form and substance reasonably satisfactory to Agent and signed by Borrower Agent, the Additional Issuing Bank and Agent.
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Additional Issuing Bank means any Lender (other than Xxxxx Fargo) from time to time agreed by Borrowers and Administrative Agent (such agreement of Administrative Agent not to be unreasonably withheld) pursuant to Section 2.09(b), which has agreed in writing to act as an Issuing Bank hereunder.
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Additional Issuing Bank has the meaning given to it in Clause 31.5 (Changes to the Issuing Banks).
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Related to Additional Issuing Bank

  • Initial Issuing Bank has the meaning specified in the recital of parties to this Agreement.

  • Initial Issuing Banks has the meaning specified in the recital of parties to this Agreement.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Facility LC Application is defined in Section 2.19.3.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Issuing Lender Fees shall have the meaning set forth in Section 2.5(c).

  • Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • Letter of Credit Issuer means such successor or such new issuer of Letters of Credit effective upon such appointment. At the time such resignation or replacement shall become effective, the Borrower shall pay to the resigning or replaced Letter of Credit Issuer all accrued and unpaid fees pursuant to Sections 4.1(c) and 4.1(d). The acceptance of any appointment as a Letter of Credit Issuer hereunder whether as a successor issuer or new issuer of Letters of Credit in accordance with this Agreement, shall be evidenced by an agreement entered into by such new or successor issuer of Letters of Credit, in a form satisfactory to the Borrower and the Administrative Agent and, from and after the effective date of such agreement, such new or successor issuer of Letters of Credit shall become a “Letter of Credit Issuer” hereunder. After the resignation or replacement of a Letter of Credit Issuer hereunder, the resigning or replaced Letter of Credit Issuer shall remain a party hereto and shall continue to have all the rights and obligations of a Letter of Credit Issuer under this Agreement and the other Credit Documents with respect to Letters of Credit issued by it prior to such resignation or replacement, but shall not be required to issue additional Letters of Credit. In connection with any resignation or replacement pursuant to this clause (a) (but, in case of any such resignation, only to the extent that a successor issuer of Letters of Credit shall have been appointed), either (i) the Borrower, the resigning or replaced Letter of Credit Issuer and the successor issuer of Letters of Credit shall arrange to have any outstanding Letters of Credit issued by the resigning or replaced Letter of Credit Issuer replaced with Letters of Credit issued by the successor issuer of Letters of Credit or (ii) the Borrower shall cause the successor issuer of Letters of Credit, if such successor issuer is reasonably satisfactory to the replaced or resigning Letter of Credit Issuer, to issue “back-stop” Letters of Credit naming the resigning or replaced Letter of Credit Issuer as beneficiary for each outstanding Letter of Credit issued by the resigning or replaced Letter of Credit Issuer, which new Letters of Credit shall be denominated in the same currency as, and shall have a face amount equal to, the Letters of Credit being back-stopped and the sole requirement for drawing on such new Letters of Credit shall be a drawing on the corresponding back-stopped Letters of Credit. After any resigning or replaced Letter of Credit Issuer’s resignation or replacement as Letter of Credit Issuer, the provisions of this Agreement relating to a Letter of Credit Issuer shall inure to its benefit as to any actions taken or omitted to be taken by it (A) while it was a Letter of Credit Issuer under this Agreement or (B) at any time with respect to Letters of Credit issued by such Letter of Credit Issuer.

  • Fronting Bank means each Lender identified as a “Fronting Bank” on Schedule II and any other Lender (in each case, acting directly or through an Affiliate) that delivers an instrument in form and substance satisfactory to the Borrowers and the Administrative Agent whereby such other Lender (or its Affiliate) agrees to act as “Fronting Bank” hereunder and that specifies the maximum aggregate Stated Amount of Letters of Credit that such other Lender (or its Affiliates) will agree to issue hereunder.

  • Issuing Lender means WFCF or any other Lender that, at the request of Borrower and with the consent of Agent, agrees, in such Lender’s sole discretion, to become an Issuing Lender for the purpose of issuing Letters of Credit or Reimbursement Undertakings pursuant to Section 2.11 of the Agreement and the Issuing Lender shall be a Lender.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • LC Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Revolving Letter of Credit means each letter of credit issued pursuant to Section 3.1(a)(i) (including DIP Revolving Letters of Credit deemed issued as Revolving Letters of Credit pursuant to Section 3.10).

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Issuing Bank Fees shall have the meaning assigned to such term in Section 2.12(b).

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • Administrative Agent’s Fee Letter means that certain letter agreement, dated as of July 28, 2010, among the Administrative Agent, Banc of America Securities LLC, the Borrower and the Parent, as amended, modified, restated or supplemented from time to time.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Additional Revolving Facility means any revolving credit facility added pursuant to Sections 2.22, 2.23 or 9.02(c)(ii).

  • New Revolving Lender as defined in Section 2.24.

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).