Additional Issuing Lenders definition

Additional Issuing Lenders means up to two (2) Revolving Credit Lenders designated by the Borrower as additional issuers of Letters of Credit pursuant to Section 3.8.

Examples of Additional Issuing Lenders in a sentence

  • For Letters of Credit issued by Additional Issuing Lenders, the Borrower shall pay to the applicable Additional Issuing Lender such issuance fees as shall be agreed to by the Borrower and such Additional Issuing Lender.

  • The Borrower may appoint Additional Issuing Lenders by agreement with the applicable Additional Issuing Lender and written notice to the Administrative Agent given at least two (2) Business Days before the issuance of any Letters of Credit by such Additional Issuing Lender.

  • The Borrower may appoint Additional Issuing Lenders by delivering written notice to the Administrative Agent at least two (2) Business Days before the issuance of any Letters of Credit by such Additional Issuing Lenders.

  • Additional Issuing Lenders 105 REPRESENTATIONS AND WARRANTIES Section 4.01.

  • LETTERS OF CREDIT 78 3.1. L/C Commitment 78 3.2. Procedure for Issuance of Letter of Credit 78 3.3. Fees and Other Charges 79 3.4. L/C Participations 79 3.5. Reimbursement Obligation of the Borrower 80 3.6. Obligations Absolute 80 3.7. Letter of Credit Payments 81 3.8. Applications 81 3.9. Additional Issuing Lenders 81  Section 4.

Related to Additional Issuing Lenders

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

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

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

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

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

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

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

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

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

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • 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.

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

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

  • Extending Lenders has the meaning specified in Section 2.08.

  • New Revolving Lender as defined in Section 2.24.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Issuing Lenders means all such Persons, collectively.

  • Other Revolving Credit Commitments means one or more Classes of revolving credit commitments hereunder that result from a Refinancing Amendment.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.