Letter of Credit Interest means, for each Revolving Credit Lender, such Lender's participation interest (or, in the case of the Issuing Lender, the Issuing Lender's retained interest) in the Issuing Lender's liability under Letters of Credit and such Lender's rights and interests in Reimbursement Obligations and fees, interest and other amounts payable in connection with Letters of Credit and Reimbursement Obligations.
Letter of Credit Interest means, for each Bank, such Bank's participation interest (or, in the case of the Issuing Bank, the Issuing Bank's retained interest) in the Issuing Bank's liability under Letters of Credit and such Bank's rights and interests in Reimbursement Obligations and fees, interest and other amounts payable in connection with Letters of Credit and Reimbursement Obligations.
Letter of Credit Interest means, for each Revolving Credit Lender or Incremental Facility Revolving Credit Lender, as applicable, such Lender’s participation interest (or, in the case of an Issuing Lender, such Issuing Lender’s retained interest) in an Issuing Lender’s liability under Letters of Credit of the applicable Class and such Lender’s rights and interests in Reimbursement Obligations of such Class and fees, interest and other amounts payable in connection with Letters of Credit and Reimbursement Obligations of such Class.
Examples of Letter of Credit Interest in a sentence
Such an indictment is commonly referred to as a duplicitous indictment.
The associated calculation formula is as follows: Spot Premium = Viable Transaction Price with Letter of Credit Payment + Letter of Credit Interest Income Over the years, based on market tracking and feedback, SMM has adopted an assessment strategy that combines range pricing with weighted averages for evaluating Yangshan Copper spot premium prices.
Upon the request of any Lender from time to time, the Issuing Lenders shall deliver any other information reasonably requested by such Lender with respect to each Letter of Credit then outstanding in which such Lender holds a Letter of Credit Interest.
More Definitions of Letter of Credit Interest
Letter of Credit Interest means, for each Revolving Credit Lender, such Lender's participation interest (or, in the case of the Letter of Credit Issuer, its retained interest) in the Letter of Credit Issuer's liability under Letters of Credit and such Lender's rights and interests in Reimbursement Obligations and fees, interest and other amounts payable in connection with Letters of Credit and Reimbursement Obligations.
Letter of Credit Interest means, for each Facility A Lender, such Facility A Lender's participation interest in the Issuing Bank's liability under Letters of Credit (or, in the case of the Issuing Bank, the Issuing Bank's retained interest therein) and such Facility A Lender's rights and interests in Reimbursement Obligations and fees, interest and other amounts payable in connection with Letters of Credit and Reimbursement Obligations.
Letter of Credit Interest means, for each Revolving Credit Lender, such Revolving Credit Lender’s participation interest (or, in the case of the Issuing Lender, the Issuing Lender’s retained interest) in the Issuing Lender’s liability under Letters of Credit and such Revolving Credit Lender’s rights and interests in Reimbursement Obligations and fees, interest and other amounts payable in connection with Letters of Credit and Reimbursement Obligations.
Letter of Credit Interest or "Letter of Credit Liability", without the consent of the Majority Revolving Credit Lenders; (c) no waiver or modification with respect to clause (i) of Section 1402 or 1502 of the Indenture (2005) or any similar provision in any agreement or instrument evidencing Subordinated Indebtedness shall be effective without the consent of the Lenders holding at least 66 2/3% of the sum of (i) the aggregate unused Commitments, (ii) the aggregate unpaid principal amount of the Loans (other than the Swingline Loans) and (iii) the aggregate amount of all Letter of Credit Liabilities; (d) any modification of any of the rights or obligations of the Administrative Agent or the Issuing Bank hereunder (including, without limitation, any of the provisions of Section 11.08 hereof) shall require the consent of the Administrative Agent or the Issuing Bank (as the case may be); and (e) no modification, supplement or waiver with respect to any provision of Section 2.01(d) or 2.02(b) hereof shall be effective without the concurrence of the Swingline Lender and, if at the time any Swingline Loans shall be outstanding, no modification, supplement or waiver with respect to any provision of Section 9 or 10 hereof shall be effective without the concurrence of the Swingline Lender.
Letter of Credit Interest in connection with any Letter of Credit of any Class, shall mean, for each Bank and each Issuing Bank, such Bank's participation interest (or, in the case of such Issuing Bank, such Issuing Bank's retained interest) in such Issuing Bank's liability under Letters of Credit of such Class and such Bank's rights and interests in Reimbursement Obligations of such Class and fees, interest and other amounts payable in connection with Letters of Credit of such Class and Reimbursement Obligations of such Class.
Letter of Credit Interest means the Series A Letter of Credit Interest or the Series C Letter of Credit Interest.
Letter of Credit Interest means, for each Letter of Credit Lender, such Lender's participation interest (or, in the case of the Issuing Lender, the Issuing Lender's retained interest) in the Issuing Lender's liability under Letters of Credit and such Lender's rights and interests in Reimbursement Obligations and fees, interest and other amounts payable in connection with Letters of Credit and Reimbursement Obligations and any and all collateral and guarantees therefor. References herein to "REVOLVING LETTER OF CREDIT INTEREST" and "TERM LETTER OF CREDIT INTEREST" shall mean Letter of Credit Interest with respect to Revolving Letters of Credit and Term Letters of Credit, respectively.