Facility Letter definition

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.

Facility Letter means the facility letter dated the day of 20 from the Lender to the Borrower and shall include all variations, amendments, supplements or substitutions made thereto from time to time.

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.

Examples of Facility Letter in a sentence

• In determining whether to pay under any Facility Letter of Credit, the Issuing Bank shall have no obligation relative to the Lenders other than to confirm that any documents required to be delivered under such Letter of Credit appear to have been delivered in compliance, and that they appear to comply on their face, with the requirements of such Letter of Credit.

• The Administrative Agent shall promptly remit such Facility Letter of Credit Fees, when paid, to the other Lenders in accordance with their Percentages thereof.

• The Facility Letter of Credit Fee relating to any Facility Letter of Credit shall accrue on a daily basis and shall be due and payable in arrears on the first Business Day of each calendar quarter following the issuance of such Facility Letter of Credit and, to the extent any such fees are then due and unpaid, on the Facility Termination Date or any other earlier date that the Obligations are due and payable in full.

• In addition to the foregoing, following the occurrence of a Default and so long as any Facility Letter of Credit has not been fully drawn and has not been cancelled or expired by its terms, upon demand by the Required Lenders the Borrower shall deposit in the Letter of Credit Collateral Account cash in an amount equal to the aggregate undrawn face amount of all outstanding Facility Letters of Credit and all fees and other amounts due or which may become due with respect thereto.

• In the event of any conflict or inconsistency between the terms and conditions herein and the terms and conditions in the Facility Letter, the latter shall prevail.

More Definitions of Facility Letter

Facility Letter means the letter agreement among the Borrowers and the Administrative Agent effective on the Effective Date authorizing certain employees to handle certain of the credit operations contemplated by this Agreement.

Facility Letter means the facility letter dated from the Lender to the Borrower and shall include all variations, amendments, supplements or substitutions made thereto from time to time.

Facility Letter means any facility letter between each Borrower and us as lender.

Facility Letter means the facility letter from ICBCIS to the Client providing credit facilities in respect of Transactions;

Facility Letter means the letter from the Bank to the Borrower to which this Schedule is attached, together with this Schedule, and includes all amendments and restatements thereof.

Facility Letter means the letter in which the Bank specifies the terms and conditions that will apply in the event that the Bank offers a loan or some other form of credit facility to the Client;

Facility Letter means the letter we issue to you offering a particular Facility and setting out the conditions upon which that offer is made and these Conditions for Commercial Facilities form part of the Facility Letter. The term Facility Letter applies to the original letter or to that letter as subsequently amended, supplemented, renewed or replaced from time to time.