Applicable Issuing Bank definition

Applicable Issuing Bank means, with respect to any Letter of Credit, the Issuing Bank that has issued or shall issue such Letter of Credit, and with respect to any LC Disbursement, the Issuing Bank that has made such LC Disbursement.

Applicable Issuing Bank means, with respect to a Borrower Group, an Issuing Bank for such Borrower Group.

Applicable Issuing Bank means (a) RBC, Wxxxx Fargo Bank, N.A. or any other Issuing Bank that has issued, or has a commitment to issue, U.S. Letters of Credit, (b) RBC, The Toronto-Dominion Bank, The Bank of Nova Scotia or any other Issuing Bank that has issued, or has a commitment to issue, Canadian Letters of Credit, or (c) RBC Europe, or any other Issuing Bank that has issued, or has a commitment to issue, Australian Letters of Credit.

Examples of Applicable Issuing Bank in a sentence

• The Applicable Administrative Agent shall have received a notice of such Borrowing as required by Section 2.03 (or such notice shall have been deemed given in accordance with Section 2.03) or, in the case of the issuance, amendment, extension or renewal of a Letter of Credit, the Applicable Issuing Bank and the Applicable Administrative Agent shall have received a notice requesting the issuance, amendment, extension or renewal of such Letter of Credit as required by Section 2.21(b).

• Any failure by the Applicable Issuing Bank to respond to such request within the time period specified in the preceding sentence shall be deemed to be a refusal by such Issuing Bank to issue the requested Letters of Credit in such requested currency at that time.

• All L/C Participation Fees and, unless otherwise agreed by the Applicable Issuing Bank, Issuing Bank Fees, shall be computed on the basis of the actual number of days elapsed in a year of 360 days.

• The Administrative Agent shall promptly notify the Applicable Issuing Bank thereof.

• Such request shall be subject to the approval of the Administrative Agent and the Applicable Issuing Bank.

More Definitions of Applicable Issuing Bank

Applicable Issuing Bank means (a) with respect to the Borrower Group made up of U.S. Borrowers, the U.S. Issuing Bank, and (b) with respect to the Borrower Group made up of the Canadian Borrower, the Canadian Issuing Bank.

Applicable Issuing Bank means Xxxxx Fargo, JPMorgan Chase Bank, N.A. and Capital One, N.A. or any other Issuing Bank that has issued, or has a commitment to issue, Letters of Credit.

Applicable Issuing Bank means (a) RBC, Wells Fargo Bank, N.A. or any other Issuing Bank that has issued, or has a commitment to issue, U.S. Letters of Credit, (b) RBC, The Toronto-Dominion Bank, The Bank of Nova Scotia or any other Issuing Bank that has issued, or has a commitment to issue, Canadian Letters of Credit, or (c) RBC Europe, or any other Issuing Bank that has issued, or has a commitment to issue, Australian Letters of Credit.

Applicable Issuing Bank means (a) Wells Fargo, Hibernia National Bank or any other Issuing Bank that has issued, or has a commitment to issue,

Applicable Issuing Bank as defined in Section 2.2(b)(i) (Procedures for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of Credit).

Applicable Issuing Bank means (a) CSFB or any other Issuing Bank that has issued, or has a commitment to issue, U.S. Letters of Credit, with respect to U.S. Letters of Credit, and (b) CSFBC or any other Issuing Bank that has issued, or has a commitment to issue, Canadian Letters of Credit, with respect to Canadian Letters of Credit.

Applicable Issuing Bank means (a) Xxxxx Fargo, Hibernia National Bank or any other Issuing Bank that has issued, or has a commitment to issue, U.S. Letters of Credit, with respect to U.S. Letters of Credit, and (b) BNS, The Toronto-Dominion Bank or any other Issuing Bank that has issued, or has a commitment to issue, Canadian Letters of Credit, with respect to Canadian Letters of Credit.