Direct Pay Letter of Credit Request definition
Direct Pay Letter of Credit Request has the meaning set forth in Section ----------------------------------- 2.2(a) hereof.
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Related to Direct Pay Letter of Credit Request
Letter of Credit Request shall have the meaning provided in Section 2.03(a).
Supporting Letter of Credit has the meaning specified in Section 2.3(g).
Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).
Acceptable Letter of Credit means a standby letter of credit, issued by a bank or financial institution acceptable to Bank in its Permitted Discretion, in form and substance satisfactory to Bank in its Permitted Discretion, in an amount equal to 105% of the Letter of Credit Usage, naming Bank as beneficiary to reimburse payments of drafts drawn under outstanding Letters of Credit.
Facility Letter of Credit means a Letter of Credit issued hereunder.