Existing Acceptances definition

Existing Acceptances means each of the acceptances issued under the Existing Credit Agreement prior to the date hereof.
Existing Acceptances as defined in Section 5.1(a).
Existing Acceptances shall have the meaning provided in Section 2.01(a).

Examples of Existing Acceptances in a sentence

  • The Borrowers, the Administrative Agent and the Lenders agree that the Existing Letters of Credit shall be deemed Letters of Credit hereunder as if issued by an Issuing Bank, and the Existing Acceptances shall be deemed Acceptances hereunder as if issued by an Acceptance Lender.


More Definitions of Existing Acceptances

Existing Acceptances is defined in the first recital.
Existing Acceptances means each acceptance or term draft created prior to the Effective Date by BTCo that is to be continued as an Acceptance under this Agreement and is listed on Annex XI hereto.
Existing Acceptances such bankers' acceptances as are part of the Existing Extensions of Credit and are outstanding and/or unreimbursed on the Closing Date.
Existing Acceptances is defined in the second recital.
Existing Acceptances means the Acceptances described on Schedule E-2.
Existing Acceptances the aggregate amount of Acceptances outstanding on the Closing Date.
Existing Acceptances as defined in Part C of Annex A.