Lenders’ Obligations definition

Lenders’ Obligations as defined in Section 8.2 of this Agreement.
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Lenders’ Obligations. As defined in Section 7.2 of this Agreement. “Letter of Credit” or “Letters of Credit” - Individually, and collectively, any, and all, standby or commercial letters of credit issued by the Issuing Bank pursuant to this Agreement upon application by a Borrower, or otherwise outstanding under this Agreement.
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Lenders’ Obligations means all present and future obligations of Lender to Borrower hereunder, or any other document executed in connection herewith.
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Examples of Lenders’ Obligations in a sentence

  • The obligations of the Lenders under this paragraph (b) are subject to the provisions of Section 2.2 [Nature of Lenders’ Obligations with Respect to Revolving Credit Loans].

  • Upon such declaration, the Lenders’ Obligations shall be immediately canceled and the Loans and all other amounts payable under this Agreement and the other Loan Documents shall become immediately due and payable without presentation, demand or further notice of any kind to the Borrowers.


More Definitions of Lenders’ Obligations

Lenders’ Obligations as defined in Section 10.2(a) hereof.
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Lenders’ Obligations as defined in Section 7.2 of this Agreement.
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Lenders’ Obligations as defined in Section 7.2(a) of this Agreement.
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Lenders’ Obligations means any and all Obligations owed by Debtor to Lenders and each of them, including, but not limited to, Obligations arising pursuant to any agreements between either of the Lenders and Debtor, now or hereafter existing, whether matured or not.
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Lenders’ Obligations shall have the meaning set forth in Section 4.3(e)(iv) hereof.
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Related to Lenders’ Obligations

  • Reimbursement Obligation the obligation of the Borrower to reimburse the Issuing Lender pursuant to Section 3.5 for amounts drawn under Letters of Credit.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • Letter of Credit Obligation means, as of any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit on such date (if any Letter of Credit shall increase in amount automatically in the future, such aggregate amount available to be drawn shall currently give effect to any such future increase) plus the aggregate Reimbursement Obligations and Letter of Credit Borrowings on such date.

  • Outstanding Letters of Credit shall have the meaning given such term in Section 2.02(j).

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank's Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Letter of Credit Fees shall have the meaning set forth in Section 3.2.

  • Derivatives Obligations of any Person means all obligations of such Person in respect of any rate swap transaction, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option or any other similar transaction (including any option with respect to any of the foregoing transactions) or any combination of the foregoing transactions.