Designated Letters of Credit definition

Designated Letters of Credit means letters of credit issued with respect to Mine reclamation, workers’ compensation and other employee benefit liabilities.

Designated Letters of Credit means each letter of credit issued by an Issuing Lender that (a) is not a Letter of Credit hereunder at the time of its issuance and (b) is designated on or after the Closing Date by Infinity, with the consent of such Issuing Lender, as a "Letter of Credit" hereunder by written notice to the Administrative Agent in the form of Exhibit B-6.

Designated Letters of Credit has the meaning assigned to such term in Section 3.11(b).

Examples of Designated Letters of Credit in a sentence

• With regard to emotional claims arising under the Act, the term “harassment” as applied by the Board is not the equivalent of “harassment” as defined or implemented by other agencies, such as the EEO Commission, which is charged with statutory authority to investigate and evaluate such matters in the workplace.

• Filters may also be employed.In addition to the no-action options, the captive fleet specification, if it offered lower PM emissions, would provide a possible means of reducing PM.Ability to reduce NOxEmulsion fuels may be used to reduce NOx emissions.

• The Lenders agree that, subject to compliance with the conditions precedent set forth in Section 4.3, any Designated Letter of Credit may be designated as a Letter of Credit hereunder from time to time on or after the Closing Date pursuant to the procedures specified in the definition of "Designated Letters of Credit".

• The funding by a Revolving Lender of its pro rata share of such Revolving Credit Advance to Cash Collateralize the outstanding Designated Letters of Credit on the date that is 30 days prior to the Maturity Date for the Revolving Credit Facility shall be deemed payment by such Revolving Lender in respect of its participation in each such Designated Letter of Credit.

• Subject to Section 2.3 and Section 5.2 hereof, the funding by a Lender of its pro rata share of such Revolving Loan to cash collateralize the outstanding Designated Letters of Credit on the Revolving Termination Date shall be deemed payment by such Lender in respect of its participation in each such Designated Letter of Credit.

More Definitions of Designated Letters of Credit

Designated Letters of Credit have the meanings specified in Section 2.03(c).

Designated Letters of Credit each letter of credit and/or bank guarantee designated on the Effective Date by the Borrower, with the consent of the issuer of such letter of credit, as a “Letter of Credit” hereunder in Schedule 3.1. The issuer of any such Designated Letter of Credit shall be deemed to be an Issuing Lender for the purposes hereof and shall have all the rights and be subject to all the limitations of an Issuing Lender hereunder.

Designated Letters of Credit as defined in Section 3.1(a).

Designated Letters of Credit means a Designated Letter of Credit Facility Agreement and any letter of credit issued thereunder by a Lender or any Affiliate of a Lender, or a Person that upon the effective date of such letter of credit was a Lender or an Affiliate of such Lender (each a “Designated LC Lender”) for the benefit of the Borrower or any of the Subsidiaries.

Designated Letters of Credit means each letter of credit issued by an Issuing Lender that (a) is not a Letter of Credit hereunder at the time of its issuance and (b) is either (i) listed on Schedule 2.7 or (ii) designated on or after the Effective Date by CBS or any Subsidiary Borrower, with the consent of such Issuing Lender, as a “Letter of Credit” hereunder by written notice to the Administrative Agent in the form of Exhibit B-6.

Designated Letters of Credit means each letter of credit issued by an Issuing Lender that

Designated Letters of Credit means, collectively, (a) that certain letter of credit issued by HSBC on account of Borrower in the amount of $297,235.00 with Midland Loan Services as beneficiary, and (b) that certain letter of credit issued by HSBC on account of FormFactor Singapore Pte. Ltd. in the amount of 132,684.75 Singapore Dollars with Heptagon Micro Optics PTE LTD as beneficiary.