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 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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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 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.

  • 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.


More Definitions of Existing Bank Guarantees

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 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 (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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Existing Bank Guarantees means the bank guarantees described on SCHEDULE 1.01(c).
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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);
Sample 1

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;

  • Existing Banks means each Person which was a Bank under, and as defined in, the Existing Credit Agreement.

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

  • Facility Letter means, in relation to any Facilities, such facility letters from Citibank to me or any agreement, document or instrument or arrangement from time to time made between Citibank and me relating to such Facilities, whether they are expressed to be subject to the Terms or otherwise.

  • Existing bank means a bank or national banking association that is a party to a consolidation agreement and is engaged in the business of banking before the consolidation or merger provided for in the consolidation agreement.

  • Existing Letter of Credit means each letter of credit issued prior to the Effective Date by a Person that shall be an Issuing Bank and listed on Schedule 2.06.

  • 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 an agreement or arrangement between a State Party and the Organization relating to a specific facility subject to on-site verification pursuant to Articles IV, V and VI.

  • 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 as defined 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).

  • Fronted Letter of Credit means a standby Letter of Credit issued by an Issuing Lender having an L/C Fronting Commitment in which each Lender purchases a risk participation pursuant to Section 3.4.

  • 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 any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

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

  • Facility Letter of Credit Fee is defined in Section 2A.8.

  • 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).

  • 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.