LC Procurement Agreement definition

LC Procurement Agreement means that certain LC Procurement Agreement, dated the date hereof, by and among Holdings, LuxCo, as payee, EEUK, as payer, and Credit Suisse, as collateral agent, as the same may be amended from time to time as permitted hereunder.
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LC Procurement Agreement has the meaning specified in the recitals hereto.
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Examples of LC Procurement Agreement in a sentence

  • After the Releases of MESC/Bondholder Parties become effective, SEI and SERI hereby acknowledge and agree that they do not have and will not assert any claims against MESC or MESH in the bankruptcy proceeding (except claims arising out of or under the terms of the Development Agreement, as amended by this Amendment, the MESC O&M Agreement, or the LC Procurement Agreement).

  • For purposes of the term “Event of Default”, such term shall mean any Event of Default under, and as defined in, the Credit Agreement and shall also include any Event of Default under, and as defined in, the LC Procurement Agreement.

  • No effective financing statement or other instrument similar in effect covering all or any part of such Collateral or listing such Grantor or any trade name of such Grantor as debtor is on file in any recording office, except such as may have been filed in favor of the Collateral Agent relating to the Credit Documents or the LC Procurement Documents or as otherwise permitted under the Credit Agreement and the LC Procurement Agreement.

  • Further, unless otherwise defined in this Agreement, the LC Procurement Agreement or in the Credit Agreement, terms defined in Article 8 or 9 of the UCC (as defined below) are used in this Agreement as such terms are defined in such Article 8 or 9.

  • Each Existing LC Procurement Agreement shall have been terminated, all letters of credit issued pursuant thereto shall have been terminated and the Payee and the Collateral shall have received satisfactory payoff letters, lien release documentation or similar agreements which evidence the foregoing.

  • The Existing LC Procurement Agreement shall have been terminated, all letters of credit issued pursuant thereto shall have been terminated and the Administrative Agent shall have received satisfactory payoff letters, lien release documentation or similar agreements which evidence the foregoing.

  • Unless otherwise defined herein, capitalized terms used herein shall have the meanings assigned to such terms in the LC Procurement Agreement (as defined below) or the Credit Agreement (as defined below), as applicable.

  • The Company shall pay to the Bank, for its account, a fee equal to 0.25% per annum on the aggregate daily average face amount of all Letters of Credit outstanding hereunder, which fee shall be payable on a quarterly basis on the last Business Day (as defined in the LC Procurement Agreement) of each March, June, September and December, beginning March 31, 2014.

  • Capitalized terms not otherwise defined herein shall have the meaning given to them in the LC Procurement Agreement.

  • Capitalized terms used but not defined herein shall have the meanings set forth in the LC Procurement Agreement.