Revolving Issuing Bank definition

Revolving Issuing Bank means each of JPMCB and Citibank and, at any time and from time to time, up to three other Revolving Lenders that are designated in writing by the Company and that agree to issue one or more Revolving Letters of Credit hereunder, in each case in its capacity as the issuer of each Revolving Letter of Credit issued by it hereunder, and its successors in such capacity as provided in Section 2.04(i); provided that with respect to the Existing Revolving Letters of Credit, the Revolving Lender which issued the same shall be the initial Revolving Issuing Bank with respect thereto.
Revolving Issuing Bank means (i) the Initial Revolving Issuing Bank and any assignee to which a Revolving Letter of Credit Commitment hereunder has been assigned pursuant to Section 11.5 so long as each such assignee expressly agrees to perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as the Revolving Issuing Bank and notifies the Administrative Agent of the amount of its Revolving Letter of Credit Commitment (which information shall be recorded by the Administrative Agent in the Register), for so long as the Initial Revolving Issuing Bank or assignee, as the case may be, shall have a Revolving Letter of Credit Commitment and (ii) with respect to the existing letters of credit set forth on Schedule 1-B hereto, each Lender identified as a “Revolving Issuing Bank” on such schedule.
Revolving Issuing Bank means Bank of America, any Affiliate of Bank of America or one or more other issuing banks satisfactory to the Administrative Agent.

Examples of Revolving Issuing Bank in a sentence

  • The Swingline Lender shall make each Swingline Loan available to the Borrower by means of a credit to the deposit account of the Borrower specified in such written notice (or, in the case of a Swingline Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.05(a)(vi), by remittance to the applicable Revolving Issuing Bank) promptly on the requested date of such Swingline Loan.

  • Xxxxxx Title: Vice President CREDIT SUISSE, Cayman Islands Branch, as a Revolving Lender By: /S/ VXXXXXX XXXXX Name: Vxxxxxx Xxxxx Title: Vice President By: /S/ NXXXX XXXXX Name: Nxxxx Xxxxx Title: Associate DEUTSCHE BANK TRUST COMPANY AMERICAS, as a Revolving Lender and as a Revolving Issuing Bank By: /S/ MXXXXX X.

  • All Revolving L/C Participation Fees and Revolving Issuing Bank Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days.

  • Xxxxxxxxx Title: Senior Vice President BANK OF AMERICA, N.A., as a Revolving Lender By: /S/ PXXXXXX HONEY Name: Pxxxxxx Honey Title: Senior Vice President BNP PARIBAS, as a Revolving Lender and as a Revolving Issuing Bank By: /S/ LXXXX XXXXXXXX Name: Lxxxx Xxxxxxxx Title: Director By: /S/ PXXXX XXXXXX Name: Pxxxx Xxxxxx Title: Vice President CITIBANK, N.A., as a Revolving Issuing Bank By: /S/ SXXXXXX X.

  • If such Lender shall pay to the Administrative Agent such amount for the account of the Revolving Issuing Bank on any Business Day, such amount so paid in respect of principal shall constitute a Letter of Credit Loan made by such Lender on such Business Day for purposes of this Agreement, and the outstanding principal amount of the Letter of Credit Loan made by the Revolving Issuing Bank shall be reduced by such amount on such Business Day.


More Definitions of Revolving Issuing Bank

Revolving Issuing Bank in Section 1.1 of the Current Credit Agreement is hereby amended by restating the last sentence thereof as follows: “Credit Suisse, in its capacity as Revolving Issuing Bank, shall not be obligated to issue Revolving Letters of Credit in excess of $75,000,000.”.
Revolving Issuing Bank means (a) each of JPMCB, CS and Citibank, (b) solely in respect of any Existing Revolving Letter of Credit, the Revolving Lender that is the issuer thereof, as set forth on Schedule 2.6, and (c) each Revolving Lender that shall have become a Revolving Issuing Bank hereunder as provided in Section 2.6(n) (other than any Person that shall have ceased to be a Revolving Issuing Bank as provided in Section 2.6(o)), each in its capacity as an issuer of Revolving Letters of Credit hereunder. Each Revolving Issuing Bank may, in its discretion, arrange for one or more Revolving Letters of Credit to be issued by Affiliates of such Revolving Issuing Bank, in which case the term “Revolving Issuing Bank” shall include any such Affiliate with respect to Revolving Letters of Credit issued by such Affiliate (it being agreed that such Revolving Issuing Bank shall, or shall cause such Affiliate to, comply with the requirements of Section 2.6 with respect to such Revolving Letters of Credit).
Revolving Issuing Bank means SunTrust Bank or any other lender issuing letters of credit under the Credit Agreement.
Revolving Issuing Bank means Wachovia Bank as the issuer of Revolving Letters of Credit hereunder, together with its permitted successors and assigns in such capacity.
Revolving Issuing Bank means the Initial Revolving Issuing Bank and any Eligible Assignee to which the Revolving Letter of Credit Commitment hereunder has been assigned pursuant to Section 9.07 so long as such Eligible Assignee expressly agrees to perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as a Revolving Issuing Bank and notifies the Administrative Agent of its Lending Office and the amount of its Revolving Letter of Credit Commitment (which information shall be recorded by the Administrative Agent in the Register), for so long as such Initial Revolving Issuing Bank or Eligible Assignee, as the case may be, shall have a Revolving Letter of Credit Commitment. “Revolving L/C Cash Collateral Account” has the meaning specified in the Security Deposit Agreement. “Revolving Letter of Credit” has the meaning specified in Section 2.01(c)(i). “Revolving Letter of Credit Borrowing” means an extension of credit resulting from a drawing under any Revolving Letter of Credit which has not been reimbursed on the applicable Honor Date or refinanced as Revolving Credit Borrowing. “Revolving Letter of Credit Commitment” means, with respect to the Revolving Issuing Bank at any time for any period the amount set forth for such period opposite the Revolving Issuing Bank’s name on Schedule I hereto under the caption “Revolving Letter of Credit Commitment” or, if the Revolving Issuing Bank has entered into an Assignment and Acceptance, set forth for the Revolving Issuing Bank in the Register maintained by the Administrative Agent pursuant to Section 9.07(e) as the Revolving Issuing Bank’s “Revolving Letter of Credit Commitment” for such period, as such amount may be reduced at or prior to such time pursuant to Sections 2.05 or 6.01. “Revolving Letter of Credit Facility” means, at any time, an amount equal to the Revolving Issuing Bank’s Revolving Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05. “Revolving Letter of Credit Loan” means, with respect to each Revolving Credit Lender, such Lender’s funding of its participation in any Revolving Letter of Credit Borrowing in accordance with its Pro Rata Share pursuant to Section 2.03. “S&P” means Standard & Poor’s Ratings Services, a division of the XxXxxx-Xxxx Companies, Inc.
Revolving Issuing Bank means the Initial Revolving Issuing Bank and any Eligible Assignee to which the Revolving Letter of Credit Commitment hereunder has been assigned pursuant to Section 9.07 so long such Eligible Assignee expressly agrees to perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as a Revolving Issuing Bank and notifies the Administrative Agent of its Applicable Lending Office and the amount of its Revolving Letter of Credit Commitment (which information shall be recorded by the Administrative Agent in the Register), for so long as such Initial Revolving Issuing Bank or Eligible Assignee, as the case may be, shall have a Revolving Letter of Credit Commitment.
Revolving Issuing Bank means the “Issuing Banks” (as defined in the Revolving Credit Agreement).