LC Facility Agreement definition
LC Facility Agreement means that certain Letter of Credit and Reimbursement Agreement, dated as of December 28, 2016, among the Guarantor, certain of its subsidiaries, Citibank, N.A., as administrative agent and issuing bank, and the LC lenders party thereto.
LC Facility Agreement means the Letter of Credit Facility Agreement dated as of May 10, 2011, among the Company, the Corporate Issuer, the Guarantors party thereto, Credit Suisse AG, as administrative agent and as issuing bank, and the Participants party thereto.
LC Facility Agreement. “thereunder,” “thereof”, “therein” or words of similar import shall be deemed to mean a reference to the LC Facility Agreement as amended by this Amendment. Furthermore, each of the Credit Parties acknowledges and agrees that it is the intention of such party (i) that the Collateral Documents, the Collateral Trust Joinder – Additional Secured Debt and the Additional Secured Debt Designation (and any amendments thereto) and the Liens granted thereby shall not be affected, impaired or discharged hereby or by the transactions contemplated under this Amendment and (ii) the Liens granted by the Collateral Documents, the Collateral Trust Joinder – Additional Secured Debt and the Additional Secured Debt Designation (including any amendments thereto) shall continue unimpaired and with the same priority to secure repayment of all Obligations, whether heretofore or hereafter incurred.
Examples of LC Facility Agreement in a sentence
This A&R Security Agreement is and shall be deemed to be a (i) Transaction Document for all purposes hereof, under the Framework Agreement, under the ISDA Master Agreement and under the LC Facility Agreement and (ii) a Credit Support Document under the ISDA Master Agreement.
All notices and other communications provided for hereunder shall be given in accordance with the notice provisions of the ISDA Master Agreement and of the LC Facility Agreement.
Reference to the ISDA Master Agreement, the LC Facility Agreement and the Framework Agreement.
Reference is hereby made to the ISDA Master Agreement, the LC Facility Agreement and the Framework Agreement for a statement of the terms thereof.
Upon the occurrence and during the continuance of an Event of Default, the Secured Party may exercise any rights of set-off against any Collateral in the form of cash amounts, accounts, and deposits as provided for in Section 6(f) of the ISDA Master Agreement, as provided for in the LC Facility Agreement, or otherwise as available under law or in equity.
More Definitions of LC Facility Agreement
LC Facility Agreement means the Letter of Credit Facility Agreement dated as of January 8, 2004 among Scotia Capital, as administrative agent, the lenders party thereto and the Borrower.
LC Facility Agreement means the certain Credit Agreement dated June 15, 2021 by and among ILAP, as borrower, the Guarantor Debtors, as guarantors, the LC Facility Agent, and the lenders party thereto, as amended (including by that certain First Amendment to Credit Agreement dated August 28, 2023), modified or supplemented and in effect from time to time.
LC Facility Agreement means the Letter of Credit Facility Agreement, dated as of April 12, 2010 the Debtor, the Subsidiary Guarantors, the Subsidiary Applicants parties thereto from time to time, the Banks parties thereto from time to time, and Deutsche Bank AG New York Branch, as Issuing Bank and as Administrative Agent.
LC Facility Agreement has the meaning given to such term in the recitals hereto.
LC Facility Agreement. “thereunder,” “thereof”, “therein” or words of similar import shall be deemed to mean a reference to the LC Facility Agreement as amended by this Amendment. Furthermore, each of the Credit Parties acknowledges and agrees that it is the intention of such party (i) that the Collateral Documents, the Collateral Trust Joinder – Additional Secured Debt and the Additional Secured Debt Designation (and any amendments thereto) and the Liens granted thereby shall not be affected, impaired or discharged hereby or by the transactions contemplated under this Amendment and (ii) the Liens granted by the Collateral Documents, the Collateral Trust Joinder – Additional Secured Debt and the Additional Secured Debt Designation (including any amendments thereto) shall continue unimpaired and with the same priority to secure repayment of all Obligations, whether heretofore or hereafter incurred. For the avoidance of doubt, (i) to the extent an LC Participant under the LC Facility Agreement as in effect upon the Amendment No. 4 Effective Date was not listed on Schedule I to the LC Facility Agreement but is listed on Schedule I to Amendment No. 4, such LC Participant’s LC Commitment will begin as of the Amendment No. 4 Effective Date and (ii) to the extent an LC Participant under the LC Facility Agreement as in effect prior to the Amendment No. 4 Effective Date is not listed on Schedule I to Amendment No. 4, such LC Participant’s LC Commitment will terminate as of the Amendment No. 4
LC Facility Agreement means the Uncommitted Credit Agreement, dated as of the LC Facility Amendment Effective Date, among the Company, the LC Facility Agent, the Collateral Agent, as collateral agent and the banks and other financial institutions party thereto, as amended, restated, supplemented or otherwise modified from time to time.
LC Facility Agreement has the meaning given to such term in the Framework Agreement.