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Honor Date definition

Honor Date has the meaning specified in Section 2.03(c)(i).
Honor Date has the meaning specified in Section 3.03(b).
Honor Date means the date of any payment by an L/C Issuer under a Letter of Credit.

Examples of Honor Date in a sentence

  • If the Company fails to so reimburse the L/C Issuer by such time, the Administrative Agent shall promptly notify each Revolving Credit Lender of the Honor Date, the amount of the unreimbursed drawing (expressed in Dollars in the amount of the Dollar Equivalent thereof in the case of a Letter of Credit denominated in an Alternative Currency) (the “Unreimbursed Amount”), and the amount of such Revolving Credit Lender’s Applicable Revolving Credit Percentage thereof.

  • In such event, the Company shall be deemed to have requested a Revolving Credit Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the Revolving Credit Facility and the conditions set forth in Section 4.02 (other than the delivery of a Loan Notice).


More Definitions of Honor Date

Honor Date shall have the meaning assigned to such term in Section 2.05.
Honor Date as defined in Section 2.20(c)(i).
Honor Date as defined in Section 3.5.
Honor Date has the meaning specified in Section 6.3(b).
Honor Date is defined in Section 2.19(c).
Honor Date means such term as defined in Section 2.4(d)(i).
Honor Date has the meaning specified in Section 3.03(c). ----------