Commercial Letter of Credit Agreement definition

Commercial Letter of Credit Agreement means the Commercial Letter of Credit Agreement relating to the issuance of a Commercial Letter of Credit in the form from time to time in use by the L/C Issuer.
Commercial Letter of Credit Agreement means an agreement governing the issuance of documentary letters of credit by the Lender, entered into between the Borrower as applicant and the Lender as issuer.
Commercial Letter of Credit Agreement means a commercial letter of credit agreement to be executed by Borrower either as originally executed or as it may from time to time be supplemented, modified, amended, extended, restated or supplanted.

Examples of Commercial Letter of Credit Agreement in a sentence

  • On July 14, 2008, Plaintiff filed an amended complaint, joining BB&T as a Defendant, based on certain payments made by BB&T to AFS under a Commercial Letter of Credit Agreement (“LOC”) (docket no.

  • Therefore the proposed solutions should:⮚ Be developed on Unicode Compliant Code practicesThe development should be undertaken using Unicode compliant practices.

  • The terms and conditions set forth in each such L/C Application shall supplement the terms and conditions of the Standby Letter of Credit Agreement or the Commercial Letter of Credit Agreement, as applicable.

  • Hedging Agreements Deutsche Bank AG OI European Group B.V. Hedging Agreements Fifth Third Bank Xxxxx-Illinois Commercial Letter of Credit Agreement Fifth Third Bank Xxxxx-Xxxxxxxx Glass Container, Inc.

  • Additionally, the Lead Borrower shall furnish to the L/C Issuer and the Lender such other documents and information pertaining to such requested Letter of Credit issuance or amendment, and any Issuer Documents (including, if requested by the L/C Issuer, a Standby Letter of Credit Agreement or Commercial Letter of Credit Agreement, as applicable), as the L/C Issuer or the Lender may require.


More Definitions of Commercial Letter of Credit Agreement

Commercial Letter of Credit Agreement means an agreement governing the issuance of documentary letters of credit entered into between Company as applicant and Wells Fargo as issuer.
Commercial Letter of Credit Agreement means the Commercial Letter of Credit Agreement
Commercial Letter of Credit Agreement shall be added:
Commercial Letter of Credit Agreement means the Commercial Letter of Credit Agreement relating to the issuance of a Commercial Letter of Credit in the form from time to time in use by the Issuing Bank. “Commitment” means, with respect to each Lender, its Revolving Loan Commitment or its Term Loan Commitment, as applicable. “Commitment Fee” has the meaning provided therefor in Section 2.13. “Commitment Percentage” means, (a) with respect to each Loan or Letter of Credit under the Revolving Loan Commitments, the Revolving Loan Commitment Percentage, (b) with respect to each Loan under the Term Loan Commitments, the Term Loan Commitment Percentage, and (c) with respect to each Lender, its percentage of the sum of the Adjusted Revolving Loan Commitments represented by the sum of such Lender’s Revolving Loan Commitment and the outstanding principal balance of such Lender’s portion of the Term Loan at 12
Commercial Letter of Credit Agreement means the Commercial Letter of Credit Agreement relating to the issuance of a Commercial Letter of Credit in the form from time to time in use by the L/C Issuer. “Commitment” means, as to each Lender, its obligation to (a) make Committed Loans to the Borrowers pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. “Commitment Increases” has the meaning specified in Section 2.15(b)(i). “Committed Borrowing” means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of LIBOR Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01. “Committed Loan” has the meaning specified in Section 2.01. “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute. 11
Commercial Letter of Credit Agreement means the Commercial Letter of Credit Agreementcommercial letter of credit agreement relating to the issuance of a Commercial Letter of Credit in substantially the form from time to time in use by the L/C Issuer. “Commitment” means, as to each Lender, its obligation to (a) make Committed Loans to the Borrowers pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. “Committed Borrowing” means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of LIBO RateSOFR Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01. “Committed Increase” has the meaning specified in Section 2.15(a). “Committed Loan” has the meaning specified in Section 2.01(a). “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute.
Commercial Letter of Credit Agreement means that certain Commercial Letter of Credit Agreement, dated as of even date herewith, among Borrowers and Bank.