Original Letter of Credit definition

Original Letter of Credit shall have the meaning provided in Section 2.01(e).
Original Letter of Credit means the Bank's Irrevocable Letter of Credit No. _____________, dated the Closing Date, issued in favor of the Paying Agent, for the account of the Company.
Original Letter of Credit shall be as defined in Section 12.1.

Examples of Original Letter of Credit in a sentence

  • In the event of any such draw by the Landlord, Tenant shall, within 30 days of written demand therefor, deliver to Landlord an additional Letter of Credit (“Additional Letter of Credit”) satisfying the requirements for the Original Letter of Credit, except that the amount of such Additional Letter of Credit shall be the amount of such draw.

  • In the event of any such draw by the Landlord, Tenant shall, within 30 days of written demand therefor, deliver to Landlord an additional Letter of Credit ("Additional Letter of Credit") satisfying the requirements for the Original Letter of Credit, except that the amount of such Additional Letter of Credit shall be the amount of such draw.

  • The Letter of Credit must be completed by the bank and printed on bank letterhead with an authorized signature.5.) Original Letter of Credit is to be delivered and kept on file at Carroll County Electric Department.

  • The parties hereto agree that all Original Letters of Credit and Original Letter of Credit Obligations shall be deemed, respectively, Letters of Credit and Letter of Credit Obligations issued or existing under and subject to and governed by and entitled to the benefits of the terms of this Agreement.

  • The Original Letter of Credit, any Additional Letters(s) of Credit and Substitute Letter(s) of Credit are referred to herein as the “Letter of Credit.” Upon receipt of a satisfactory Letter of Credit, Landlord shall refund the proceeds of the Security and Restoration Deposit Landlord is then holding.


More Definitions of Original Letter of Credit

Original Letter of Credit means any "Letter of Credit" as defined by the Original Credit Agreement and "Original Letters of Credit" means more than one, or all, of each such Original Letter of Credit, collectively.
Original Letter of Credit means all letters of credit issued pursuant to the Original Credit Agreement which are outstanding on the Restatement Effective Date.
Original Letter of Credit means the letter of credit of up to an amount of [e]80,200,000, plus interest accruing thereon at 6.04 per cent. per annum since 24 October 2001, issued by the Original Issuing Banks.
Original Letter of Credit means collectively the Letter of Credit issued by the Bank to the Paying Agent on the Issue Date, including any amendment, reissuance, replacement, renewal or extension thereof. Unless renewed or extended, the Original Letter of Credit expires by its terms on , 20 .
Original Letter of Credit has the meaning given to it in Clause 25.1.
Original Letter of Credit means the irrevocable transferable direct pay letter of credit issued by the Bank on December 17, 2015 for the account of the City in favor of the Issuing and Paying Agent supporting the Commercial Paper Notes, in the form of Appendix I hereto with appropriate insertions.