Term Letter of Credit means each letter of credit issued pursuant to Section 3.1(b)(i).
Term Letter of Credit means (a) any Existing Letter of Credit designated on Schedule 1.01A as a “Term Letter of Credit” and (b) any irrevocable letter of credit issued pursuant to Section 2.05(b)(ii), which letter of credit shall be (i) a standby or import documentary letter of credit, (ii) denominated in Dollars and (iii) otherwise in such form as may be reasonably approved from time to time by the Administrative Agent and the applicable Fronting Bank.
Term Letter of Credit or “Term L/Cs”: each letter of credit issued pursuant to Section 3.1(a)(ii) (including Existing Letters of Credit deemed issued as Term Letters of Credit pursuant to Section 3.1(a)(ii)).
Examples of Term Letter of Credit in a sentence
Each notice shall be executed by the Borrower, shall specify whether such letter of credit is to be a Revolving Letter of Credit or Term Letter of Credit and shall be in the form of Exhibit G, or such other form (including by electronic or fax transmission) as agreed between the Borrower, the Administrative Agent and the applicable L/C Issuer (each a “Letter of Credit Request”).
More Definitions of Term Letter of Credit
Term Letter of Credit has the meaning specified in Section 2.01(d)(ii).
Term Letter of Credit means each letter of credit issued pursuant to Section 3.01(b). “Term Letters of Credit Outstanding” shall mean, at any time, with respect to any Term L/C Issuer, the sum of, without duplication, (a) the aggregate Stated Amount of all outstanding Term Letters of Credit issued by such Term L/C Issuer and (b) the aggregate principal amount of all Unpaid Drawings in respect of all such Term Letters of Credit. References herein and in the other Credit Documents to the Term Letters of Credit Outstanding shall be deemed to refer to the Term Letters of Credit Outstanding in
Term Letter of Credit. An irrevocable letter of credit issued under Term Loan T06 pursuant to this Agreement for the account of Borrower.
Term Letter of Credit. Any Term T06 Letter of Credit or any Term T04 Letter of Credit (collectively referred to as the “Term Letters of Credit”).
Term Letter of Credit means a letter of credit issued under this Agreement by any L/C Issuer (or its designee) or a Person approved by the Administrative Agent; provided, that the aggregate face amount of all Term Letters of Credit shall not exceed the Maximum Term Letter of Credit Amount.
Term Letter of Credit means any letter of credit used which is payable on a deferred payment basis or at a fixed and determinable future date.
Term Letter of Credit means each letter of credit issued pursuant to Section 3.1(b)(i). “Term Letters of Credit Outstanding” shall mean, at any time, with respect to any Term L/C Issuer, the sum of, without duplication, (a) the aggregate Stated Amount of all outstanding Term Letters of Credit issued by such Term L/C Issuer and (b) the aggregate principal amount of all Unpaid Drawings in respect of all such Term Letters of Credit. References herein and in the other Credit Documents to the Term Letters of Credit Outstanding shall be deemed to refer to the Term Letters of Credit Outstanding in respect of all Term Letters of Credit issued by the applicable Term L/C Issuer or to the Term Letters of Credit Outstanding in respect of all Term Letters of Credit, as the context requires.