Multicurrency Issuing Lender definition

Multicurrency Issuing Lender means (a) (i) Xxxxx Fargo, (ii) JPMorgan Chase Bank, N.A., (iii) X.X. Xxxxxx Europe Limited or (iv) such other Lender as determined by the Company and approved by the Administrative Agent (which approval shall not be unreasonably withheld), as applicable, and (b) any successor Multicurrency Issuing Lender hereunder.
Sample 1
Multicurrency Issuing Lender. LaSalle Bank National Association and any Multicurrency Revolving Credit Lender (or any Affiliate thereof) from time to time designated by the Borrower as a Multicurrency Issuing Lender with the consent of such Multicurrency Revolving Credit Lender (or its Affiliate, as applicable) and the Administrative Agent.
Sample 1Sample 2
Multicurrency Issuing Lender means (a) (i) Wells Fargo, (ii) JPMorgan Chase Bank, N.A., (iii) J.P. Morgan Europe Limited, (iv) BNP Paribas or (v) such other Lender as determined by the Company and approved by the Administrative Agent (which approval shall not be unreasonably withheld), as applicable, and (b) any successor Multicurrency Issuing Lender hereunder.
Sample 1

Examples of Multicurrency Issuing Lender in a sentence

  • Each such payment shall be made to such Multicurrency Issuing Lender at its address for notices specified herein in the currency in which such Multicurrency Letter of Credit was denominated and in immediately available funds.

  • Each payment in respect of Reimbursement Obligations in respect of any Multicurrency Letter of Credit shall be made to the Multicurrency Issuing Lender that issued such Multicurrency Letters of Credit.

  • No Multicurrency Issuing Lender shall be liable for any error, omission, interruption or delay in transmission, dispatch or delivery of any message or advice, however transmitted, in connection with any Multicurrency Letter of Credit, except for errors or omissions found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from the gross negligence or willful misconduct of such Multicurrency Issuing Lender.

  • The Borrowing Date with respect to such borrowing shall be the first date on which a borrowing of Multicurrency Revolving Credit Loans (or, if applicable, Euro Swing Line Loans) could be made, pursuant to Section 2.5 if the Administrative Agent had received a notice of such borrowing at the time the Administrative Agent receives notice from the relevant Multicurrency Issuing Lender of such drawing under such Multicurrency Letter of Credit.

  • The Borrower’s and each Foreign Borrower’s, obligations under this Section 3B shall be absolute and unconditional under any and all circumstances and irrespective of any setoff, counterclaim or defense to payment that the Borrower or any Foreign Borrower, may have or have had against any Multicurrency Issuing Lender, any beneficiary of a Multicurrency Letter of Credit or any other Person.

  • The Borrower or any Foreign Borrower, may from time to time request that a Multicurrency Issuing Lender issue a Multicurrency Letter of Credit by delivering to such Multicurrency Issuing Lender, with a copy to the Administrative Agent, at their addresses for notices specified herein an Application therefor, completed to the satisfaction of such Multicurrency Issuing Lender, and such other certificates, documents and other papers and information as such Multicurrency Issuing Lender may request.

  • If any draft shall be presented for payment under any Multicurrency Letter of Credit, the relevant Multicurrency Issuing Lender shall promptly notify the Administrative Agent and the Borrower and, if applicable, the relevant Foreign Borrower, of the date and amount thereof.

  • Promptly after issuance by a Multicurrency Issuing Lender of a Multicurrency Letter of Credit, such Multicurrency Issuing Lender shall furnish a copy of such Multicurrency Letter of Credit to the Borrower or any Foreign Borrower, and the Administrative Agent.

  • A certificate of the Administrative Agent on behalf of such Multicurrency Issuing Lender submitted to any Multicurrency L/C Participant with respect to any such amounts owing under this Section shall be conclusive in the absence of manifest error.

  • Each Multicurrency Issuing Lender shall promptly give notice to the Administrative Agent of the issuance of each Multicurrency Letter of Credit issued by such Multicurrency Issuing Lender (including the amount and currency thereof).


More Definitions of Multicurrency Issuing Lender

Multicurrency Issuing Lender means (a) (i) Wells Fargo, (ii) JPMorgan Chase Bank, N.A., (iii) J.P. Morgan Europe Limited or
Sample 1
Multicurrency Issuing Lender a bank holding a Revolving Credit Dollar Commitment to be chosen by the Borrower and the Administrative Agent, in its capacity as issuer of any Multicurrency Letter of Credit.
Sample 1
Multicurrency Issuing Lender. Bank of America, N.A. and any Multicurrency Revolving Credit Lender (or any Affiliate thereof) from time to time designated by the Borrower as a Multicurrency Issuing Lender with the written consent of such Multicurrency Revolving Credit Lender (or its Affiliate, as applicable) and the Administrative Agent (and the Multicurrency L/C Commitment sublimit, if any, of each such Multicurrency Issuing Lender shall be set forth in such consent).
Sample 1

Related to Multicurrency Issuing Lender

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Multicurrency LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Multicurrency Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Multicurrency LC Exposure of any Lender at any time shall be its Applicable Multicurrency Percentage of the total Multicurrency LC Exposure at such time.

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Multicurrency Letters of Credit means Letters of Credit that utilize the Multicurrency Commitments.

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Multicurrency Commitment means, with respect to each Multicurrency Lender, the commitment of such Multicurrency Lender to make Syndicated Loans, and to acquire participations in Letters of Credit and Swingline Loans, denominated in Dollars and in Agreed Foreign Currencies hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Multicurrency Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The amount of each Lender’s Multicurrency Commitment as of the Fourth Amendment Effective Date is set forth on Schedule 1.01(b), or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Multicurrency commitment, as applicable. The aggregate amount of the Lenders’ Multicurrency Commitments as of the Fourth Amendment Effective Date is $745,000,000.

  • Revolving Multicurrency Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Multicurrency Commitments.

  • Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of Swingline Loans hereunder.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • New Revolving Lender as defined in Section 2.24.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • LC Issuing Bank means each Lender identified as an “LC Issuing Bank” on Schedule II and any other Lender or Affiliate of a Lender that shall agree to issue a Letter of Credit pursuant to Section 2.04.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.