LC Issuance Period definition

LC Issuance Period means the period commencing on the Closing Date and ending on the LC Loan Maturity Date.
LC Issuance Period means (a) with regard to the DSRA LC, the period from the Term-Conversion Date (as long as the LC Issuing Bank has been designated by Borrower and Administrative Agent on or prior to such date) until the Term Loan Maturity Date, (b) with regard to any Project Agreement LC, the period from the Financial Closing Date (as long as the LC Issuing Bank has been designated by Borrower and Administrative Agent) until the Term Loan Maturity Date, and (c) with regard to the Energy Hedge LC, the period from the Financial Closing Date (as long as the LC Issuing Bank has been designated by Borrower and Administrative Agent) until the Term-Conversion Date.
LC Issuance Period means, with regard to the DSRA LC, the period from the Term-Conversion Date until the Term Loan Maturity Date.

Examples of LC Issuance Period in a sentence

  • Subject to the terms and conditions contained in this Financing Agreement, Issuing Bank irrevocably agrees to issue, during the LC Issuance Period, one or more Energy Hedge LCs for the account of Borrower and in favor of the applicable counterparty under the applicable Energy Hedge and one or more REC Contract LCs for the account of Borrower and in favor of the applicable counterparty under the applicable REC Contract.

  • Subject to the terms and conditions contained in this Financing Agreement, Issuing Bank irrevocably agrees to issue, during the LC Issuance Period, one or more Working Capital LCs for the account of Borrower and in favor of the applicable counterparty under the applicable Project Documents.

  • Subject to the terms and conditions contained in this Financing Agreement, LC Fronting Bank (following its appointment by Borrower and Administrative Agent and execution of a joinder agreement in form and substance reasonably satisfactory to Borrower and Administrative Agent) irrevocably agrees to issue, during the applicable LC Issuance Period, the DSRA LC for the account of Borrower and in favor of Administrative Agent as beneficiary pursuant to Section 5.3(d)(iii) of the Depositary Agreement.

  • Subject to the terms and conditions contained in this Financing Agreement, LC Fronting Bank (following its appointment by Borrower and Administrative Agent and execution of a joinder agreement in form and substance reasonably satisfactory to Borrower and Administrative Agent) irrevocably agrees to issue, during the applicable LC Issuance Period, one or more Project Agreement LCs for the account of Borrower and in favor of the applicable counterparty under the applicable Project Documents.

Related to LC Issuance Period

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Commitment Period means the period commencing on the Effective Date, and ending on the earlier of (i) the date on which Investor shall have purchased Put Shares pursuant to this Agreement for an aggregate Purchase Price of the Maximum Commitment Amount, or (ii) the date occurring twenty four (24) months from the date of commencement of the Commitment Period.

  • Revolving Commitment Termination Date means the earliest of (i) November 3, 2017, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.9 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise); provided, that, with respect to any Extended Revolving Commitment (and the Extended Revolving Loans made pursuant thereto), the termination date set forth in the Extension Offer with respect thereto.

  • LOC Committed Amount means, collectively, the aggregate amount of all of the LOC Commitments of the Lenders to issue and participate in Letters of Credit as referenced in Section 2.4 and, individually, the amount of each Lender’s LOC Commitment as specified in Schedule 2.1(a).

  • Credit Period has the meaning given to it in Section 42(f)(1) of the Code.

  • Unused Revolving Commitment means, for any Lender at any time, the excess of (i) such Lender’s Revolving Commitment at such time over (ii) such Lender’s Revolving Facility Exposure at such time.

  • Revolving Credit Expiration Date means December 31, 2010, or such later date as to which the Lender shall, in its discretion, agree to extend the Revolving Credit Expiration Date.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Unused Revolving Credit Commitment means, with respect to any Lender at any date of determination, (a) such Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Credit Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time plus (ii) such Lender’s Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(c) and outstanding at such time.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Revolving Facility Termination Date means the earlier of (i) January 29, 2013, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Unused Revolving Credit Commitments means, at any time, the difference between the Revolving Credit Commitments then in effect and the aggregate outstanding principal amount of Revolving Loans and L/C Obligations.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Total Revolving Commitment means, at any time, the sum of the Revolving Commitments at such time.