Committed LC Request definition

Committed LC Request shall have the meaning set forth in Subsection 5.1.1.
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Committed LC Request shall have the meaning set forth in Subsection 4.1.1.
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Committed LC Request shall have the meaning set forth in Subsection 4.1.1. 1.42 Committed Letter of Credit: means a commercial or stand by letter of credit issued by the Letter of Credit Bank pursuant to the provisions of Sections 4.1 and 4.2 hereof.
Sample 1

Examples of Committed LC Request in a sentence

  • The Committed LC Request shall set forth (a) the face amount and expiry date, (b) the beneficiary, (c) the terms thereof, and (d) such other information as the Letter of Credit Bank shall request.

  • Borrower shall have provided the Administrative Agent with a proper, timely 364-Day Borrowing Notice and/or Committed LC Request.

  • If the Committed LC Request specifies an expiry date later than the 364-Day Maturity Date, Borrower shall be obligated to deposit funds into the Cash Collateral Account in accordance with Subsection 4.4.1 hereof.

Related to Committed LC Request

  • LC Request a request for issuance of a Letter of Credit, to be provided by Borrower Agent to Issuing Bank, in form satisfactory to Agent and Issuing Bank.

  • Committed Loan Notice means a notice of (a) a Committed Borrowing, (b) a conversion of Committed Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Borrowing Notice is defined in Section 2.8.

  • Letter of Credit Request shall have the meaning provided in Section 2.03(a).

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Facility LC Application is defined in Section 2.19.3.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Loan Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the Group Agents pursuant to Section 2.02(a).

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Request for Borrowing has the meaning provided in Section 2.3(a).

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Letter of Credit Borrowing means any Credit Extension resulting from a drawing under any Letter of Credit that has not been reimbursed or refinanced as a Borrowing of Revolving Loans.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • L/C Request has the meaning specified in Section 2.4(b).