Underlying Issuer means a third Person which is the beneficiary of an L/C Undertaking and which has issued a letter of credit at the request of the Issuing Lender for the benefit of Borrowers.
Underlying Issuer means a third Person which is the beneficiary of an L/C Undertaking and which has issued a letter of credit at the request of Lender for the benefit of Borrowers.
Underlying Issuer means Xxxxx Fargo or one of its Affiliates.
Examples of Underlying Issuer in a sentence
Each Borrower understands that the L/C Undertakings may require the L/C Issuer to reimburse or indemnify the Underlying Issuer for certain costs or liabilities arising out of claims by any Person against such Underlying Issuer.
More Definitions of Underlying Issuer
Underlying Issuer. Each issuer of Underlying Notes.
Underlying Issuer means the 2019-A Issuer, the 2021-A Issuer, the 2021-B Issuer, the 2021-C Issuer, the 2022-A Issuer or the 2022-2 Issuer, as applicable.
Underlying Issuer means the entity that is the issuer of the Underlying Share specified in the applicable Final Terms; and
Underlying Issuer means in respect of each Series, the Underlying Issuer as specified in the Final Terms for that Series.
Underlying Issuer means a Person (other than Lender or Borrower) which is the beneficiary of an L/C Undertaking and which has issued a letter of credit at the request of the Lender for the benefit of Borrower.
Underlying Issuer a financial institution designated by Xxxxx Fargo to issue Underlying Letters of Credit from time to time which financial institution shall be a Schedule I chartered bank under the Bank Act (Canada).
Underlying Issuer. Means [____________________].