Enhancement Letter of Credit Application and Agreement definition

Enhancement Letter of Credit Application and Agreement means the Enhancement Letter of Credit Application and Agreement, dated as of March 6, 2001, among Dollar, Thrifty, those additional Subsidiaries of DTAG from time to time becoming parties thereunder, RCFC, DTAG and the Series 2001-1 Letter of Credit Provider, as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.
Sample 1
Enhancement Letter of Credit Application and Agreement means, with respect to each Enhancement Letter of Credit, the application and agreement therefor completed by the account party or parties in respect of such Enhancement Letter of Credit and accepted by the Issuer.
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Enhancement Letter of Credit Application and Agreement in Section 2.1(b) of the Series 2007-1 Supplement is hereby amended by adding the words “and any successor or replacement agreement entered into with a successor or replacement Series 2007-1 Letter of Credit Provider” immediately prior to the period at the end of such definition.
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Examples of Enhancement Letter of Credit Application and Agreement in a sentence

  • This Agreement is an Enhancement Letter of Credit Application and Agreement executed pursuant to the Credit Agreement.

  • Capitalized terms used herein but not defined herein shall have the meanings provided for in the Enhancement Letter of Credit Application and Agreement.

  • Xxxx Telephone: (000) 000-0000 Telecopier: (000) 000-0000 If to an Additional Lessee: At the address for notices to such Additional Lessee set forth in the related Affiliate Joinder in Enhancement Letter of Credit Application and Agreement.

  • The Trustee hereby acknowledges and agrees to perform the duties set forth in Sections 2.1(a), 2.1(e), 2.1(f), 2.3(a) and 2.3(c) of the Enhancement Letter of Credit Application and Agreement.

  • Upon receipt of an Issuance Request and, if applicable, an Enhancement Letter of Credit Application and Agreement, the Administrative Agent shall promptly notify the Lenders thereof.

  • Xxxxxxxx Xxxxxx III Telephone: (000) 000-0000 Telecopier: (000) 000-0000 If to an Additional Lessee: At the address for notices to such Additional Lessee set forth in the related Affiliate Joinder in Enhancement Letter of Credit Application and Agreement.

  • The Issuer will make available the original of each Letter of Credit which it issues in accordance with the Issuance Request and the Enhancement Letter of Credit Application and Agreement, if applicable, therefor to the beneficiary thereof (and will promptly provide each of the Lenders with a copy of such Letter of Credit) and will notify the beneficiary under any Letter of Credit of any extension of the Stated Expiry Date thereof.

  • The authority will always consider the full facts of the case and any mitigating or other circumstances before reaching a decision.

  • On the terms and subject to the conditions of this Agreement (including Article VI), the Issuer shall issue Letters of Credit, and extend the Stated Expiry Dates of outstanding Letters of Credit, in accordance with the Issuance Requests made therefor and, if applicable, the Enhancement Letter of Credit Application and Agreement relating thereto.

  • On the Business Day any such Conversion is required, the Enhancement Agent (upon receiving written notice of such Series 1998-1 Lease Payment Losses from the Master Servicer) shall direct the Trustee to deliver to the Series 1998-1 Letter of Credit Provider a Notice of Conversion in the form of Exhibit B to the CP Enhancement Letter of Credit Application and Agreement by 1:00 p.m. (New York City time) on such Business Day.


More Definitions of Enhancement Letter of Credit Application and Agreement

Enhancement Letter of Credit Application and Agreement means the Enhancement Letter of Credit Application and Agreement, dated as of December 15, 2000, among the Administrative Agent, DTG Operations (formerly known as Dollar Rent A Car Systems, Inc.), Thrifty, those additional Subsidiaries of DTAG from time to time becoming parties thereunder, RCFC, DTAG and the Series 2000-1 Letter of Credit Provider, as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.
Sample 1
Enhancement Letter of Credit Application and Agreement means, with respect to each Enhancement Letter of Credit, the application and agreement therefor (or, in connection with any amendment, increase or extension of a previously issued Enhancement Letter of Credit, any form for such request set forth in the related application and agreement) completed by the account party or parties in respect of such Enhancement Letter of Credit and accepted by the L/C Issuer, (a) with respect to Enhancement Letters of Credit issued after the Closing Date pursuant to the Existing RCFC Securitization Program, in substantially the form of Exhibit J or in such other form as DTAG, the Administrative Agent and the L/C Issuer may agree, (b) with respect to Enhancement Letters of Credit issued pursuant to the Canadian Securitization Program, in the form of a Letter of Credit Application for a General Letter of Credit and (c) with respect to other Enhancement Letters of Credit, in such form as DTAG, the Administrative Agent and the L/C Issuer may agree.
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Enhancement Letter of Credit Application and Agreement means the Enhancement Letter of Credit Application and Agreement, dated as of June 15, 2007, among DTG Operations, those additional Subsidiaries of DTAG from time to time becoming parties thereunder, RCFC, DTAG and the Series 2000-1 Letter of Credit Provider, as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.
Sample 1

Related to Enhancement Letter of Credit Application and Agreement

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Letter of Credit Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Credit Application means any application for a Credit Account completed by You.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Facility LC Application is defined in Section 2.19.3.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Supporting Letter of Credit has the meaning specified in Section 1.3(g).

  • Auto-Reinstatement Letter of Credit has the meaning specified in Section 2.03(b)(iv).

  • Trade Letter of Credit means any Letter of Credit that is issued under the Letter of Credit Facility for the benefit of a supplier of inventory to the Borrower or any of its Subsidiaries to effect payment for such Inventory.

  • LC Application an application by Borrower Agent to Issuing Bank for issuance of a Letter of Credit, in form and substance satisfactory to Issuing Bank.

  • Letter of Credit Agreements means all letter of credit applications and other agreements (including any amendments, modifications or supplements thereto) submitted by the Borrower, or entered into by the Borrower, with the Issuing Bank relating to any Letter of Credit.

  • Servicer Letter of Credit means a letter of credit, surety bond or insurance policy issued by a depository institution, insurance company, or financial institution having a short-term credit rating at least equal to the Required Deposit Rating and providing that the Indenture Trustee or Trust Agent, as the case may be, may draw thereupon in the event the Servicer satisfies the Monthly Remittance Condition but fails to deposit Series Collections into the 20[•]-[•] Series Collection Account by the related Deposit Date.

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.

  • Standby Letter of Credit Agreement means the Standby Letter of Credit Agreement relating to the issuance of a Standby Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Facility Letter of Credit means a Letter of Credit issued hereunder.

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Letter of Credit Guaranty means one or more guaranties by the Administrative Agent in favor of the L/C Issuer guaranteeing or relating to the obligations of the Borrower to the L/C Issuer under a reimbursement agreement, Letter of Credit Application or other like document in respect of any Letter of Credit.

  • Existing Letter of Credit means a letter of credit issued and outstanding under the Existing Credit Agreement and listed on Schedule 2.06 hereto.

  • Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit H, signed by a Responsible Official of Borrower, and properly completed to provide all information required to be included therein.

  • Letter of Credit Documents means, with respect to any Letter of Credit, collectively, any application therefor and any other agreements, instruments, guarantees or other documents (whether general in application or applicable only to such Letter of Credit) governing or providing for (a) the rights and obligations of the parties concerned or at risk with respect to such Letter of Credit or (b) any collateral security for any of such obligations, each as the same may be modified and supplemented and in effect from time to time.

  • DIP Credit Agreement means that certain senior secured superpriority debtor-in-possession credit agreement, dated September 25, 2020, as amended, supplemented, amended and restated, supplemented or modified from time to time, by and among the Debtors, the DIP Agent, and the DIP Lenders, as approved by the DIP Order.

  • Credit Agreement Documents means the collective reference to any Credit Agreement, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Evergreen Letter of Credit has the meaning set forth in Section 2.01.

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

  • Enhancement Agreement means any agreement, instrument or document governing the terms of any Series Enhancement or pursuant to which any Series Enhancement is issued or outstanding.