Examples of Rollover Letters of Credit in a sentence
Each of the Rollover Letters of Credit which is a Standby Letter of Credit shall be deemed to have been issued hereunder on the Closing Date by the Administrative Agent.
Each of the Rollover Letters of Credit which is a Commercial Letter of Credit shall be deemed to have been issued hereunder on the Closing Date by the issuing bank identified on Schedule 1.1(R) as the Issuing Letter of Credit Bank.
Each of the Rollover Letters of Credit shall be deemed to be a Letter of Credit for all purposes of this Agreement.
The parties hereto acknowledge and agree that all Existing Rollover Letters of Credit are deemed to be issued under this Agreement by the Issuing Banks at the request of the Borrower and shall constitute Letters of Credit hereunder for all purposes, and no notice requesting issuance thereunder shall be required hereunder.
Each of the Rollover Letters of Credit which is a US Standby Letter of Credit shall be deemed to have been issued hereunder on the Closing Date by the Administrative Agent.