Original Letters of Credit definition

Original Letters of Credit means the letters of credit issued under the Original Agreement.
Original Letters of Credit means letters of credit issued by one or more L/C Issuers pursuant to the Original Credit Agreement (and listed on Schedule I hereto) that remain outstanding on the Closing Date.
Original Letters of Credit has the meaning assigned to such term in the recitals hereto.

Examples of Original Letters of Credit in a sentence

  • 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.

  • All Original Letters of Credit shall remain outstanding as Letters of Credit issued hereunder on the terms set forth herein.

  • On and with effect from the Effective Date, all outstanding Original Letters of Credit shall be cancelled and replaced by the Letters of Credit issued after the Commencement Date.

  • On the Restatement Effective Date, all Original Letters of Credit shall be deemed to have been issued under this Agreement and shall for all purposes constitute "Letters of Credit" hereunder.

  • The Borrower, Lenders and the L/C Issuer agree that on the Closing Date, the Original Letters of Credit shall be deemed to be Letters of Credit issued by the L/C Issuer under this Agreement.


More Definitions of Original Letters of Credit

Original Letters of Credit means each letter of credit previously issued for the account of, or guaranteed by, the Borrowers or a Subsidiary pursuant to the 2005 Credit Agreement, the May 2006 Credit Agreement or the November 2006 Credit Agreement that is outstanding on the Amendment Effective Date.
Original Letters of Credit means the letters of credit listed on Schedule IX and previously issued under the Original Credit Agreement.
Original Letters of Credit means the three (3) letters of credit to be issued on the Issue Date by the Issuers in favour of Chase in the form attached to this Agreement as Appendix C each in an amount not exceeding the relevant Proportion of the aggregate of the amounts of the Letters of Credit.
Original Letters of Credit means each letter of credit set forth on Schedule 1.01(h) that was previously issued for the account of, or guaranteed by, the Borrowers or a Subsidiary pursuant to the Existing Credit Agreement and that is outstanding on the Closing Date.
Original Letters of Credit means each letter of credit set forth on Schedule 1.01(h) to the 2013 Credit Agreement that was previously issued for the account of, or guaranteed by, the Borrowers or a Subsidiary pursuant to the Existing Credit Agreement and that is outstanding on the Closing Date.
Original Letters of Credit means (i) the "Letters of Credit" issued under and as defined in the Original Credit Agreement and outstanding on the Effective Date and (ii) the Letters of Credit set forth on Schedule [ ].
Original Letters of Credit mean the “Letters of Credit” as defined by and issued under the Original Loan and Security Agreement and that are outstanding on the Closing Date and listed on Exhibit G.