Additional L/C Issuers definition

Additional L/C Issuers means up to two Lenders, in addition to Citibank, which have been approved by the Administrative Agent (such approval not to be unreasonably withheld) and the Lead Borrower and that have agreed (each in its sole discretion) to act as an “L/C Issuer” hereunder.
Additional L/C Issuers means Lenders, in addition to Citibank, which have been approved by the Administrative Agent (such approval not to be unreasonably withheld) and the Borrower and that have agreed (each in its sole discretion) in writing to act as an “L/C Issuer” hereunder.
Additional L/C Issuers means Lenders, in addition to Xxxxx Fargo, which have been approved by the Administrative Agent (such approval not to be unreasonably withheld) and the Borrower and that have agreed in writing (each in its sole discretion) to act as an “L/C Issuer” hereunder.

Examples of Additional L/C Issuers in a sentence

  • The Borrower may, at any time and from time to time, add one or more Additional L/C Issuers as an L/C Issuer without replacing a current L/C Issuer, in each instance, upon 5 Business Days prior written notice to the current L/C Issuer(s) and the Administrative Agent.

  • The Borrower and all Additional L/C Issuers shall comply with all terms and conditions relating to Letters of Credit set forth in this Agreement, including without limitation, Section 2.03(b)(i) above.

Related to Additional L/C Issuers