Examples of Letter of Credit Obligations in a sentence
The Register shall be available for inspection by the Borrowers or any Lender (but only, in the case of a Lender at the Administrative Agent’s Office and the Revolving Agent’s Offices and with respect to any entry relating to such Xxxxxx’s Commitments, Loans, Letter of Credit Obligations and other Obligations), at any reasonable time and from time to time upon reasonable prior written notice.
The US Borrower hereby grants (or, if registration thereof is required in any applicable jurisdiction, shall grant) to the AdministrativeRevolving Agent, for the benefit of the Issuing Banks and the Revolving Lenders, a Lien upon and security interest in the Cash Collateral Account and all amounts held therein from time to time as security for Letter of Credit Usage, and for application to the US Borrower’s Letter of Credit Obligations as and when the same shall arise.