Letter of Credit Notice definition

Letter of Credit Notice shall have the meaning given to such term in Section 3.2.
Letter of Credit Notice means a Syndicated Letter of Credit Notice or a Participated Letter of Credit Notice, as the context may require.
Letter of Credit Notice has the meaning given to such term in Section 2.19(b).

Examples of Letter of Credit Notice in a sentence

  • Each giving of a Notice of Borrowing, a Notice of Swingline Borrowing, or a Letter of Credit Notice and the consummation of each Borrowing or issuance of a Letter of Credit, shall be deemed to constitute a representation by the Borrower that the statements contained in subsections (b) and (c) above are true, both as of the date of such notice or request and as of the relevant Borrowing Date or date of issuance.

  • Each Ratable Borrowing Notice with respect to each Revolving Credit Advance, and each Facility Letter of Credit Notice with respect to the issuance, amendment or extension of each such Facility Letter of Credit, shall constitute a representation and warranty by the Borrower that the conditions contained in Sections 5.2(i) and (ii) have been satisfied.

  • Each predicative relation has an individual aspectual value process and event; thus, metalinguistic operators ASP1 and ASP2 are substituted with PROCJ1 and EVENTF1.

  • Not later than 11:00 a.m. (New York time) on the Business Day following its receipt of a Facility Letter of Credit Notice, the Administrative Agent shall determine and shall notify the Issuing Bank and the Borrower (in writing ) whether issuance of the requested Facility Letter of Credit would be permitted under the provisions of Sections 4.2(ii) and (vii) and the second proviso to Section 4.2(vi).

  • Such Letter of Credit Notice must be received by the L/C Issuer and the Administrative Agent not later than 11:00 a.m. at least three (3) Business Days (or such later date and time as the Administrative Agent and the L/C Issuer may agree in a particular instance in their sole discretion) prior to the proposed issuance date or date of amendment, as the case may be.


More Definitions of Letter of Credit Notice

Letter of Credit Notice has the meaning specified in Section 2.13(b).
Letter of Credit Notice means a notice of a request for an L/C Credit Extension, pursuant to Section 2.03(a), which shall be substantially in the form of Exhibit T and shall include the Letter of Credit Application for such L/C Credit Extension.
Letter of Credit Notice means a Syndicated Letter of Credit Notice or a Fronted Letter of Credit Notice, as the context requires.
Letter of Credit Notice shall have the meaning set forth in Section 2.23.
Letter of Credit Notice means a notice in the form attached hereto as Exhibit K.
Letter of Credit Notice means a notice issued by National Indemnity or Munich Re (as the case may be) from time to time requiring Converium to either: (a) arrange or cause to be arranged the issue and/or delivery of a Letter of Credit and/or to increase the amount of any such Letter of Credit; or (b) deposit additional funds in the MR Fund or the NICO Fund; Net Premiums has the meaning given to it in the definition of Incurred Position;
Letter of Credit Notice means Agent's notice of the issuance of a Letter of Credit in the form attached hereto as Exhibit "C".