Existing Fronting Bank definition

Existing Fronting Bank means JPMorgan Chase Bank.
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Existing Fronting Bank means each of Citibank and JPMorgan Chase Bank, N.A., in its capacity as issuer of Existing Letters of Credit.
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Existing Fronting Bank. DB, in its capacity as issuer of the Existing Letters of Credit.
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Examples of Existing Fronting Bank in a sentence

  • On the Closing Date, the participations in the Existing Prepetition Letters of Credit sold by the applicable Existing Fronting Bank pursuant to the terms of the Prepetition Credit Agreement to the lenders party thereto shall be automatically cancelled without further action by any of the parties hereto.

  • Xxxxxxxx Title: Vice President and Treasurer LENDERS: CITICORP USA, INC., Individually and as Administrative Agent By: Name: Title: CITIBANK, N.A., Individually, as Fronting Bank, as Existing Fronting Bank, and as Revolving Credit Lender By: Name: Title: JPMORGAN CHASE BANK, N.A., Individually, as Existing Fronting Bank, and as Revolving Credit Lender By: Name: Title: XXXXX FARGO FOOTHILL LLC, as Revolving Credit Lender By: Name: Title: WACHOVIA CAPITAL FINANCE CORP.

  • Xxxxxxx Title: Director JPMORGAN CHASE BANK, N.A., Individually and as Existing Fronting Bank By: /s/ Mxxxxx X.

  • Xxxxxxx Title: Director CITIBANK, N.A., Individually and as Fronting Bank and Existing Fronting Bank By: /s/ Sxxxx X.


More Definitions of Existing Fronting Bank

Existing Fronting Bank means Xxxxxx Guaranty Trust ---------------------- Company of New York.
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Related to Existing Fronting Bank

  • Fronting Bank means each Lender identified as a “Fronting Bank” on Schedule II and any other Lender (in each case, acting directly or through an Affiliate) that delivers an instrument in form and substance satisfactory to the Borrowers and the Administrative Agent whereby such other Lender (or its Affiliate) agrees to act as “Fronting Bank” hereunder and that specifies the maximum aggregate Stated Amount of Letters of Credit that such other Lender (or its Affiliates) will agree to issue hereunder.

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • 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.

  • Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

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

  • Exiting Lender see Section 2.17.7.

  • Issuing Lender Fees shall have the meaning set forth in Section 2.5(c).

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

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

  • Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • Issuing Bank Fees shall have the meaning assigned to such term in Section 2.12(b).

  • 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.

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • 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.

  • Continuing Lenders as defined in the recitals hereto.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Defaulting Lender Fronting Exposure means, at any time there is a Defaulting Lender, (a) with respect to the Issuing Bank, such Defaulting Lender’s Applicable Percentage of the outstanding Letter of Credit obligations other than Letter of Credit obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.

  • 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.

  • LC Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Letters of Credit as defined in Section 3.1(a).

  • Commercial Letters of Credit means those letters of credit subject to the UCP payable in Dollars and issued or caused to be issued by Lender on behalf of Borrower under a Loan Facility for the benefit of a supplier(s) of Borrower in connection with Borrower's purchase of goods or services from the supplier in support of the export of the Items.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • LC Issuing Bank means each Lender identified as an “LC Issuing Bank” on Schedule II and any other Lender or Affiliate of a Lender that shall agree to issue a Letter of Credit pursuant to Section 2.04.

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

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

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