Additional Letter of Credit definition

Additional Letter of Credit means a letter of credit issued hereunder by the Issuing Bank on or after the Effective Date.
Additional Letter of Credit means any letter of credit issued under this Agreement by Wachovia Bank, National Association, as Issuing Lender, on or after the Closing Date.
Additional Letter of Credit means each letter of credit issued pursuant to an Additional L/C Facility.

Examples of Additional Letter of Credit in a sentence

  • Upon any such application of Security Proceeds by Landlord, Tenant shall, within 30 days of written demand therefor, deliver to Landlord an Additional Letter of Credit in the amount of Security Proceeds so applied.

  • In the event of any such draw by the Landlord, Tenant shall, within 30 days of written demand therefor, deliver to Landlord an additional Letter of Credit (“Additional Letter of Credit”) satisfying the requirements for the Original Letter of Credit, except that the amount of such Additional Letter of Credit shall be the amount of such draw.

  • In the event of any such draw by the Landlord, Tenant shall, within 30 days of written demand therefor, deliver to Landlord an additional Letter of Credit ("Additional Letter of Credit") satisfying the requirements for the Original Letter of Credit, except that the amount of such Additional Letter of Credit shall be the amount of such draw.

  • There is variability among the Atlantique Districts in terms of acreages cultivated; history of pineapple production; producers’ experiences and expertise and their targeted markets, including initiatives to link them to European market.

  • In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter of credit application or other agreement submitted by the Borrower to, or entered into by the Borrower with, the Issuing Bank relating to any Additional Letter of Credit, the terms and conditions of this Agreement shall control.


More Definitions of Additional Letter of Credit

Additional Letter of Credit means any letter of credit issued hereunder by a L/C Issuer on or after the Closing Date.
Additional Letter of Credit means the letter of credit listed on Schedule VII.
Additional Letter of Credit means a letter of credit issued hereunder by the Issuing Lender on or after the date hereof.
Additional Letter of Credit means any letter of credit issued under --------------------------- this Agreement by First Union National Bank, as Issuing Lender, on or after the Closing Date.
Additional Letter of Credit. As defined in Section 32.8.
Additional Letter of Credit. $4,000,000.00 in the form of a Letter of Credit (subject to and in accordance with the terms and conditions of Section 8.18). BASE OPERATING EXPENSES PER SQUARE FOOT OF RENTABLE FLOOR AREA OF PREMISES: Annual Operating Expenses per square foot for calendar year 2001 BASE TAXES PER SQUARE FOOT OF RENTABLE FLOOR AREA OF PREMISES: Actual Taxes per square foot for calendar year 2001 LAND: The parcel of land upon which the Building is situated including parking areas, garages, drives, walks, landscaped areas and other common areas serving the Building as more particularly described on Exhibit A-2 attached hereto.
Additional Letter of Credit means a letter of credit issued hereunder by an Issuing Bank on or after the Effective Date. “Adjusted LIBO Rate” means (a) with respect to any Euro-Currency Borrowing denominated in Dollars for any Interest Period, aninterest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1%) equal to (i) the LIBO Rate for such Interest Period multiplied by (ii) the Statutory Reserve Rate and (b) with respect to any Euro-Currency Borrowing denominated in an Alternative Currency for any Interest Period, an interest rate per annum equal to (i) the LIBO Rate for such Interest Period plus (ii) in the case of a Euro-Currency Loan of a Lender which is lent from a branch or office in England or a Participating Member State, the Mandatory Costs.