Existing Bank Guarantees definition

Existing Bank Guarantees means the bank guarantees listed on Schedule 11.
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Existing Bank Guarantees means those bank guarantees listed in parts 1 and 2 of Schedule 3 which have been issued by the Existing Guarantee Providers as "Issuing Banks" under the SIBV $600m Facility Agreement and which, with effect from the Availability Date, are to be treated as Bank Guarantees issued respectively by Nordea Bank AB (publ) (in respect of those bank guarantees listed in part 1 of Schedule 3) and by JPMorgan Chase Bank, N.A. (in respect of those bank guarantees listed in part 2 of Schedule 3); "EXISTING GUARANTEE PROVIDERS" means Nordea Bank AB (publ) acting through its office at Xxxxx Xxxxxxxxx 00, XX-000 00 Xxxxxxxx, Xxxxxx (in respect of those bank guarantees listed in part 1 of Schedule 3) and JPMorgan Chase Bank, N.A. acting through its office at 000 Xxxxxx Xxxx, Xxxxxx XX0X 0XX (in respect of those bank guarantees listed in part 2 of Schedule 3);
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Existing Bank Guarantees means (to the extent not already expired) any letter of credit, bank guarantee or surety (Bürgschaft) which is listed in the Existing Bank Guarantee List.
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Examples of Existing Bank Guarantees in a sentence

  • Bank Guarantees shall be issued under the Letter of Credit/Bank Guarantee Sublimit on the Closing Date to support the Existing Bank Guarantees.

  • The UK Facility Borrowers shall pay to the Applicable Bank Guarantee Issuer a fronting fee of 0.125% per annum on the initial aggregate amount available for payment under each outstanding Bank Guarantee, such fee to be due and payable in full with respect to each Bank Guarantee on the date of the issuance (except with respect to Existing Bank Guarantees) or renewal thereof.

  • The parties hereto agree that (a) all Existing Letters of Credit shall be deemed to have been issued by the Issuing Bank as Letters of Credit pursuant to this Agreement and (b) all Existing Bank Guarantees shall be deemed to have been issued by the Applicable Bank Guarantee Issuer as Bank Guarantees pursuant to this Agreement.


More Definitions of Existing Bank Guarantees

Existing Bank Guarantees means those bank guarantees listed in parts 1 and 2 of Schedule 3 which have been issued by the Existing Guarantee Providers as "Issuing Banks" under the SIBV $600m Facility Agreement and which, with effect from the Availability Date, are to be treated as Bank Guarantees issued respectively by Nordea Bank AB (publ) (in respect of those bank guarantees listed in part 1 of Schedule 3) and by JPMorgan Chase Bank, N.A. (in respect of those bank guarantees listed in part 2 of Schedule 3);
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Existing Bank Guarantees means the bank guarantees in the aggregate amount of S$192,604,530 issued by DBS Bank Ltd., United Overseas Bank Limited and Oversea-Chinese Banking Corporation Limited under the Facility Agreement for the Existing Bridge Facilities in favour of the Lessor, and secured by the Existing Bridge Facilities Security.
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Existing Bank Guarantees means those bank guarantees listed in Schedule 5 which have been issued by the Existing Guarantee Provider as "Issuing Bank" under the SIBV $500m Facility Agreement and which, with effect from the Availability Date, are to be treated as Bank Guarantees issued by the Existing Guarantee Provider under this Agreement;
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Existing Bank Guarantees means the bank guarantees described on SCHEDULE 1.01(c).
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Existing Bank Guarantees means the two bank guarantees granted to the Borrower by UniCredit Bank AG in the amount of (i) EUR 400,000, dated 21 February 2014 and (ii) EUR 2,092,860, dated 11 December 2012.
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Related to Existing Bank Guarantees

  • Bank Guarantee means an irrevocable and unconditional undertaking by a trading bank approved by the Council to pay the Development Contribution amount on demand without an expiry or end date and containing terms and conditions acceptable to Council and in accordance with clause 9 of this Agreement;

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

  • Facility Letter means the facility letter and the other letters of offer or other letters which may from time to time be issued by the Bank to the Borrower in relation to the Facilities.

  • Existing bank means a savings bank, national banking association, or state chartered bank engaged in the business of banking prior to the consolidation under this section.

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

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Facility Agreement means the Facility Agreement referred to in Recital (A).

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

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

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

  • 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.

  • Exiting Lender see Section 2.17.7.

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

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Extended Letter of Credit has the meaning given that term in Section 2.3.(b).

  • Issuing Bank Agreement has the meaning assigned to such term in Section 2.05(i).

  • Existing Letters of Credit means the letters of credit issued and outstanding under the Existing Credit Agreement as set forth on Schedule 2.22.

  • Facility LC Application is defined in Section 2.19.3.

  • 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.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Refinancing Lender has the meaning set forth in Section 2.15(c).