Specified Letter of Credit means any letter of credit issued by any Lender (at the time of the issuance of such letter of credit) or affiliate thereof for the account of the Borrower or any Subsidiary, which the Borrower designates as a “Specified Letter of Credit” by notice in writing to the Administrative Agent.

Specified Letter of Credit means that certain Letter of Credit issued by JPMorgan Chase Bank, N.A. under this Agreement having LC number S-788456, with a face amount of $899,396.00 and with an expiration date of October 6, 2018.

Specified Letter of Credit means any standby letter of credit, bank guaranty or similar instrument that (a) has been issued for the account of any Specified Group Member or (b) with respect to which any Specified Group Member is otherwise required to reimburse the issuing institution for any amounts drawn on such letter or credit or otherwise provide any guarantee with respect to such letter of credit.

Examples of Specified Letter of Credit in a sentence

Upon the issuance, amendment, renewal or extension of any Specified Letter of Credit in accordance with the terms of this Credit Agreement, the relevant Issuing Bank shall promptly notify the Borrower, and the Administrative Agent and, if applicable, the TALC Participating Banks in writing of such issuance, amendment, renewal or extension, and such notice shall be accompanied by a copy of the relevant Specified Letter of Credit or the amendment thereto, as the case may be.
If requested by any relevant Issuing Bank, the Borrower shall submit a letter of credit application on such Issuing Bank’s standard form in connection with any request for a Specified Letter of Credit.
Subject to the terms and conditions of this Agreement, on the Effective Date, Lender shall provide the Specified Letter of Credit to CIBC.
To request the issuance of a Specified Letter of Credit under any other LC Facility, the Borrower shall deliver an appropriately completed and duly executed LC Request to the relevant Issuing Bank and the Administrative Agent not less than three Business Days in advance of the proposed Issuance Date thereof.
The stated amount of any Specified Letter of Credit shall be reduced by the amount of each LC Disbursement thereunder.

More Definitions of Specified Letter of Credit

Specified Letter of Credit means the letter of credit set forth on Schedule 1.01(C).

Specified Letter of Credit means that certain Irrevocable Standby Letter of Credit, dated as of the Closing Date and with a date of expiry of June 29, 2022, issued by JPMCB in its capacity as an Issuing Lender in favor of BNP Paribas as beneficiary.

Specified Letter of Credit means collectively, that certain Standby Letter of Credit No. S101436, in favor of Newpek, LLC, that certain Standby Letter of Credit No. S101437, in favor of Reliance Holding USA, Inc. and that certain Standby Letter of Credit No. S101438, in favor of Pioneer Natural Resource Company, in each case, as amended or otherwise modified from time to time prior to October 30, 2020, and issued by The Toronto-Dominion Bank, New York Branch.

Specified Letter of Credit means each LGIA Letter of Credit, DSR Letter of Credit and the TA Letter of Credit.

Specified Letter of Credit is that certain Letter of Credit No. NUSCGS044349 issued by JPMorgan Chase Bank, N.A. for the account of the Lender, in the original amount of $9,000,000, as amended on the First Amendment Effective Date to increase such amount to $12,000,000, and as further amended on the Third Amendment Effective Date to increase such amount to $13,000,000. “Specified Letter of Credit Maturity Date” is April 30, 2023September 20, 2024 or such earlier date as the Specified Letter of Credit is terminated.

Specified Letter of Credit means that certain Letter of Credit originally issued on April 6, 2010, by JPMorgan, in its capacity as Issuer under the Prepetition Credit Agreement, to Bank of America, N.A., as beneficiary, in the face amount of $3,500,000.

Specified Letter of Credit means that certain Letter of Credit, dated as of September 30, 2010, issued at the request of the Borrower by JPMCB for the benefit of Hartford Fire Insurance Company (as renewed, amended, restated, amended and restated, supplemented or otherwise modified from time to time).