LC Fee Expectation has the meaning set forth in Section 3.05(c).
LC Fee Expectation has the meaning set forth in Section 1.15(c) of the Agreement.
LC Fee Expectation has the meaning set forth in Section 1.15(c) of the Agreement. “LC Participant” means each Person listed as such for each Group as set forth on the signature pages of this Agreement or in any Assumption Agreement or Transfer Supplement.
More Definitions of LC Fee Expectation
LC Fee Expectation. As defined in Section 1.6(j).
LC Fee Expectation has the meaning set forth in Section 1.16(c). “LC Participant” means each financial institution that is a party to this Agreement, as a LC Participant, or that becomes a party to this Agreement, as a LC Participant pursuant to an Assumption Agreement or otherwise. “LC Participation Amount” means, at any time, the then Dollar Equivalent of the sum of the undrawn amounts of all outstanding Letters of Credits. “Letter of Credit” means any stand-by letter of credit issued by the LC Bank for the account of the Seller pursuant to this Agreement. “Letter of Credit Application” has the meaning set forth in Section 1.13(a) of this Agreement. “Liquidity Agreement” means any agreement entered into in connection with this Agreement pursuant to which a Liquidity Provider agrees to make purchases or advances to, or purchase assets from, any Conduit Purchaser in order to provide liquidity for such Conduit Purchaser’s Purchases. “Liquidity Provider” means each bank or other financial institution that provides liquidity support to any Conduit Purchaser pursuant to the terms of a Liquidity Agreement. “Loss Reserve” means, on any day, an amount equal to (a) the sum of (i) the Aggregate Capital plus (ii) the Adjusted LC Participation Amount multiplied by (b) the Loss Reserve Percentage on such date.
LC Fee Expectation has the meaning set forth in Section 3.05(b). “LC Request” means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the LC Bank pursuant to Section 3.02(a).
LC Fee Expectation has the meaning set forth in Section 1.16(c) of this Agreement. “LC Participant” has the meaning set forth in the preamble to this Agreement. “LC Participation Amount” means, at any time, the then aggregate undrawn face amount of all outstanding Letters of Credit. “LCR Security” means any commercial paper or security (other than equity securities issued to Xxxxxx Tire or any Originator that is a consolidated subsidiary of Xxxxxx Tire under GAAP) within the meaning of Paragraph __.32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014). “Letter of Credit” means any stand-by letter of credit issued by the LC Bank for the account of the Seller (or for the account of an Originator or any of its Subsidiaries, as applicable) pursuant to this Agreement. “Letter of Credit Application” has the meaning set forth in Section 1.13(a) of this Agreement. “LIBOR” means LMIR or the Euro-Rate, as applicable.