LC Participant definition

LC Participant has the meaning provided in Section 2.05(g)(i).
LC Participant has the meaning assigned to that term in Section 2.10(e).
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.

Examples of LC Participant in a sentence

  • Notwithstanding the foregoing, no L/C Issuer or Revolving L/C Participant shall demand compensation pursuant to this Section 3.5 if it shall not at the time be the general policy or practice of such Lender to demand such compensation in substantially the same manner as applied to other similarly situated borrowers under comparable syndicated credit facilities.

  • The Borrower shall promptly pay such Letter of Credit Issuer or an L/C Participant, as the case may be, the amount shown as due on any such certificate after receipt thereof.


More Definitions of LC Participant

LC Participant means each Person listed as such (and its respective Commitment) for each Purchaser Group as set forth on the signature pages of this Agreement or in any Assumption Agreement or Transfer Supplement.
LC Participant means each Lender.
LC Participant means each financial institution that is a party to this Agreement as an LC Participant or that becomes a party to this Agreement as an LC Participant pursuant to an Assumption Agreement or otherwise.
LC Participant has the meaning set forth in the preamble to the Agreement.
LC Participant means PNC and each other Person that becomes a party to this Agreement in the capacity of an “LC Participant”.
LC Participant means each Financial Institution and its permitted successors and assigns in such capacity.
LC Participant and “Purchasers” shall include the Agent in its individual capacity.