Existing Documentary Credits definition

Existing Documentary Credits means outstanding Documentary Credits issued prior to the Effective Date by any Documentary Credit Lender and set out in Schedule N.
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Existing Documentary Credits has the meaning specified in Section 5.01(2).
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Existing Documentary Credits means all documentary credits made under the Existing Credit Agreement which are outstanding as of the Closing Date.
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Examples of Existing Documentary Credits in a sentence

  • Each of the Existing Documentary Credits (including any extension or renewal thereof) shall constitute a Documentary Credit issued for the purposes of Clause 4.1 (Conditions to Utilisation) on the Initial Borrowing Date and the respective issuer thereof shall constitute the “L/C Bank” for the purposes of this Agreement.

  • It is hereby acknowledged and agreed that each of the Existing Documentary Credits described in Schedule N shall constitute a “Documentary Credit” for all purposes under this Agreement and shall be deemed to be issued under this Agreement as of the Effective Date.

  • Hamilton, MD Channing Barnett, MD Cheryl Karcher, MD Chinwe Onyekonwu, MDCindy & Ken Miller & Family, MDIn honor of Florence Berson Clara Curiel-Lewandrowski, MD Cyndi Yag-Howard, MD Cynthia Olson, MDCynthia Schlick, MD Cynthia Strohmeyer, MD Dana & Andrew Stone, MD In honor of Florence Berson Danette D.

  • The expiration date for such Existing Documentary Credits shall be the existing expiration date for such Existing Documentary Credits.

  • On the Closing Date, all Existing Documentary Credits shall be deemed to have been made under this Agreement.

Related to Existing Documentary Credits

  • Primary Credit Facility mean the credit facility described in the Line of Credit section of this Agreement.

  • Dollar Letter of Credit means a Letter of Credit denominated in Dollars.

  • Documentary Letter of Credit means any Letter of Credit that is drawable upon presentation of documents evidencing the sale or shipment of goods purchased by the Borrower or any of its Subsidiaries in the ordinary course of its business.

  • Letter of Commitment means a letter obtained from the MBE and WBE’s by the Bidders. The Letter of Commitment is a signed letter(s), on company letterhead, from the minority and/or women certified business. It must be produced no later than 24 hours after the bid due date and time. This letter(s) shall state and will serve as acknowledgement from the minority and/or women certified business of their level of participation in this solicitation, the dollar amount of the commitment, the scope of service or product to be provided and the anticipated dates of utilization.

  • ISP98 means the International Standby Practices (1998 Revision, effective January 1, 1999), International Chamber of Commerce Publication No. 590.

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.

  • 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.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • Documentary draft means a draft to be presented for acceptance or payment if specified documents, certificated securities as defined in section 8102 or instructions for uncertificated securities as defined in section 8102, or other certificates, statements, or the like are to be received by the drawee or other payor before acceptance or payment of the draft.

  • Uniform Customs the Uniform Customs and Practice for Documentary Credits (1993 Revision), International Chamber of Commerce Publication No. 500, as the same may be amended from time to time.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended and restated as of November 12, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Letter of Credit means any letter of credit issued pursuant to this Agreement.

  • Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Revolving Letter of Credit means a letter of credit issued by a Revolving Fronting Bank pursuant to Section 2.03(a) and shall also include each Existing Letter of Credit.

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

  • Standard Letter of Credit Practice means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit.

  • Letter of Credit Fees shall have the meaning set forth in Section 3.2.

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

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

  • Applicable Letter of Credit Fee Rate means, at any time, with respect to Letters of Credit, the percentage rate per annum which is applicable at such time as set forth in the Pricing Schedule.

  • Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.