Alternative Currency Letter of Credit definition

Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.
Alternative Currency Letter of Credit a Letter of Credit denominated in an Alternative Currency.
Alternative Currency Letter of Credit means a Letter of Credit issued pursuant to Section 2.05(a)(i)(y).

Examples of Alternative Currency Letter of Credit in a sentence

  • Notwithstanding anything in this Agreement to the contrary, the Administrative Agent has no responsibility hereunder with respect to the issuance, renewal, extension, amendment or other administration of any Alternative Currency Letter of Credit, except as expressly set forth in Section 2.06.

  • It is understood and agreed that the last installment of the fees provided for in this paragraph (g) with respect to any particular Letter of Credit shall be due and payable on the first day of the fiscal quarter following the return, undrawn, or cancellation of such Letter of Credit and/or Alternative Currency Letter of Credit.

  • From time to time during the Availability Period, an Account Party may request any or all of the Lenders to make offers to issue an Alternative Currency Letter of Credit for account of such Account Party.

  • From time to time during the Availability Period, a Specified Account Party may request any or all of the Lenders to make offers to issue an Alternative Currency Letter of Credit for account of such Specified Account Party.

  • In the case of any such reimbursement in Dollars of a drawing under an Alternative Currency Letter of Credit denominated in an Alternative Currency, the relevant Alternative Currency L/C Issuer shall notify the Parent Borrower of the Dollar Amount of the amount of the drawing promptly following the determination thereof.


More Definitions of Alternative Currency Letter of Credit

Alternative Currency Letter of Credit as defined in Section 3.1.
Alternative Currency Letter of Credit means each Letter of Credit issued under the Alternative Currency Revolving Facility.
Alternative Currency Letter of Credit means any Letter of Credit denominated in an Alternative Currency and all such Alternative Currency Letters of Credit collectively as the context requires.
Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency. “Alternative Currency Revolving L/C Exposure” shall mean Revolving L/C Exposure related to Alternative Currency
Alternative Currency Letter of Credit means a letter of
Alternative Currency Letter of Credit means a letter of credit issued by a Lender in an Alternative Currency pursuant to Section 2.06. “Alternative Currency Letter of Credit Report ” has the meaning set forth in Section 2.06(b).
Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency. “Ancillary Document”: as defined in Section 11.10.