Designated Issuer definition

Designated Issuer means , a corporation, together with any successor entity in a merger, consolidation or amalgamation.

Designated Issuer. Chase Manhattan Bank Delaware, a Delaware banking corporation, in its individual capacity.

Designated Issuer as to Securities of a particular series, means (a) the entity that shall be specified pursuant to Section 301, and (b) any successor entity to such entity in a merger, consolidation or amalgamation.

Examples of Designated Issuer in a sentence

• Any information provided in connection herewith to the Agent, Co-Agent, Designated Issuer, or any Bank shall be subject to the confidentiality provisions of Section 9.06(e) of the Credit Agreement.

• Any information provided in connection herewith to the Agent, Co-Agent, Designated Issuer or any Bank shall be subject to the confidentiality provisions of Section 9.06(e) of the Credit Agreement.

• It is the intention of the Borrower and the Designated Issuers that each Designated Issuer only issue Letters of Credit in an aggregate Stated Amount that is substantially pro rata to the aggregate Stated Amount of the Letters of Credit issued by each other Designated Issuer, it being recognized that credit policies of beneficiaries may result in non-pro rata treatment for one or more Designated Issuers and may require adjustments to the procedures set forth in the next sentence.

• With respect to their -------------------------------------- respective obligations to lend and to issue Letters of Credit under this Agreement, the Loans made, the Letters of Credit issued and Accepted Time Drafts created, CUSA and Citibank, as the Designated Issuer for CUSA, shall have the same rights and powers hereunder as any other Bank and may exercise the same as though CUSA were not Administrative Agent; and the term "Banks" shall include CUSA in its individual capacity.

• The Designated Issuer in its capacity as such shall be entitled to the same rights under this Section 9 as accrue to the Administrative Agent as if it were named in place of the Administrative Agent, provided that the Term Loan Lenders shall not be required to indemnify the Designated Issuer in connection with any Letter of Credit issued by it.

More Definitions of Designated Issuer

Designated Issuer means a financial institution which has been designated by a Bank as such Bank's "Designated Issuer" for purposes of issuing Letters of Credit and (i) in the case of a Bank which is a party to this Agreement on the Effective Date, which has executed this Agreement, and (ii) in each other case shall have executed this Agreement and shall have been consented to by Borrower, which consent shall not be unreasonably withheld.

Designated Issuer shall have the meaning ascribed in Section 4(a) hereof.

Designated Issuer. As defined in the recitals to this Agreement.

Designated Issuer means a financial institution which has been designated by a Lender as such Lender's "Designated Issuer" for purposes of issuing Letters of Credit and (x) in the case of a Lender which is a party to this Agreement on the Closing Date, which has executed this Agreement and (y) in each case shall have been consented to by the Company, which consent shall not be unreasonably withheld.

Designated Issuer. Canadian Imperial Bank of Commerce, or such other ----------------- Lender as is designated by BEI and approved by Agent.

Designated Issuer for purposes of issuing Letters of Credit and (a) in the case of a Revolving Lender which is a party to this Agreement on the Closing Date, which has executed this Agreement, and (b) in each other case, which shall have agreed to be bound by the terms of this Agreement and shall have been consented to by the Borrower, which consent shall not be unreasonably withheld.

Designated Issuer means a bank or other legally authorized Person selected by or acceptable to a Revolving Lender in its sole discretion to issue a Letter of Credit hereunder, which Letter of Credit shall be guaranteed by such Revolving Lender in a manner acceptable to such Revolving Lender and its designee. Each such Revolving Lender shall be considered the "Issuing Lender" hereunder with respect to any Letters of Credit issued by its respective Designated Issuer.