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.
Existing Letter of Credit means each letter of credit set forth on Schedule 1.01(b).
Existing Letter of Credit shall have the meaning provided in Section 2.01(d).
Examples of Existing Letter of Credit in a sentence
The Existing Letters of Credit shall be deemed to have been issued hereunder by the issuer thereof, to the extent such issuer is a Revolving Lender, and such issuer shall have the obligation to amend, renew, extend or otherwise modify any such Existing Letter of Credit, subject to terms, conditions and limitations hereunder.
Unless otherwise expressly agreed by the applicable L/C Issuer and the Borrower when a Letter of Credit is issued by it (including any such agreement applicable to an Existing Letter of Credit), the rules of the ISP shall apply to each standby Letter of Credit.
More Definitions of Existing Letter of Credit
Existing Letter of Credit means a letter of credit listed on Schedule IV hereto outstanding under the Existing Credit Agreement immediately prior to the satisfaction of all the conditions precedent set forth in Sections 3.01 and 3.02.
Existing Letter of Credit means any letter of credit previously issued that (a) will remain outstanding on and after the Closing Date and (b) is listed on Schedule 1.01(d).
Existing Letter of Credit means a “Letter of Credit” (as defined in the Former Bank Credit Agreement) issued under the Former Bank Credit Agreement that was outstanding on the Effective Date and listed on Appendix III under the heading “Existing Revolving Letters of Credit”.
Existing Letter of Credit means any letter of credit previously issued for the account of the Borrower or any other Loan Party by a Lender or an Affiliate of a Lender that is (a) outstanding on the Closing Date and (b) listed on Schedule 1.01(a).
Existing Letter of Credit means each letter of credit previously issued for the account of the U.S. Borrower or any Subsidiary that is (a) outstanding on the Closing Date and (b) listed on Schedule 2.05(a).
Existing Letter of Credit means that term as defined in Section 2.2(b)(vii) hereof.
Existing Letter of Credit means each of the letters of credit described by applicant, date of issuance, letter of credit number, amount, beneficiary and the date of expiry on Schedule 1.1(c) hereto.