Closing Date Letters of Credit definition

Closing Date Letters of Credit means any letter of credit previously issued that is listed on Schedule 1.01(e)(ii) hereto.

Closing Date Letters of Credit means the Letters of Credit which have been issued for the benefit of Borrower by CoBank and which are outstanding on the Closing Date as listed on Exhibit 1A hereto. Code: means the Internal Revenue Code of 1986.

Closing Date Letters of Credit means Letters of Credit existing on the Closing Date, Letters of Credit issued after the Closing Date to the extent in replacement of a letter of credit of the U.S. Borrower or any of its Subsidiaries existing on the Closing Date, any extensions thereof, replacement Letters of Credit or Letters of Credit issued in lieu thereof, in each case, to the extent the face amount of such Letters of Credit is not increased above the face amount of the Letter of Credit being extended, replaced or substituted; provided that the aggregate principal amount of Closing Date Letters of Credit shall not exceed $80,000,000.

Examples of Closing Date Letters of Credit in a sentence

• Subject to the satisfaction on the Closing Date of the conditions precedent set forth in Section 5.1, such letters of credit shall constitute, on and after the Closing Date, Letters of Credit and shall be subject to and benefit from this Agreement.

• Unless the context shall otherwise require, on and after the Closing Date, Letters of Credit (as defined in and issued under the Existing Credit Agreement) shall be deemed Letters of Credit issued hereunder.

• On the Closing Date, upon the satisfaction of the conditions specified in Section 4.01, each of the Closing Date Letters of Credit shall automatically, and without any further action by an Person, be deemed to be a Letter of Credit issued and outstanding under this Agreement.

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More Definitions of Closing Date Letters of Credit

Closing Date Letters of Credit means Letters of Credit existing on the Closing Date, Letters of Credit issued after the Closing Date to the extent in replacement of a letter of credit of the Borrower or any of its Subsidiaries existing on the Closing Date, any extensions thereof, replacement Letters of Credit or Letters of Credit issued in lieu thereof, in each case, to the extent the face amount of such Letters of Credit is not increased above the face amount of the Letter of Credit being extended, replaced or substituted.

Closing Date Letters of Credit means Letters of Credit existing on the Closing Date, Letters of Credit issued after the Closing Date to the extent in replacement of a letter of credit of the Borrower or any of its Subsidiaries existing on the Closing Date, any extensions thereof, replacement Letters of Credit or Letters of Credit issued in lieu thereof, in each case, to the extent the face amount of such Letters of Credit is not increased above the face amount of the Letter of Credit being extended, replaced or substituted; provided that the aggregate principal amount of Closing Date Letters of Credit shall not exceed $10,000,000.

Closing Date Letters of Credit means the Letters of Credit identified on Schedule 1.01(g), which JPMorgan has issued pursuant to the Original Agreement.

Closing Date Letters of Credit. 2.1(l) “Closing Date Merger” Recitals “Collateral Access Agreement” 4.12 “Combined Material Adverse Effect” 2.1(d)

Closing Date Letters of Credit means Letters of Credit existing on the Closing Date, Letters of Credit issued after the Closing Date to the extent in replacement of a letter of credit of the Borrower or any of its Subsidiaries existing on the Closing Date, any extensions thereof, replacement Letters of Credit or Letters of Credit issued in lieu thereof, in each case, to the extent the face amount of such Letters of Credit is not increased above the face amount of the Letter of Credit being extended, replaced or substituted; provided that the aggregate principal amount of Closing Date Letters of Credit shall not exceed $3,550,000.00.

Closing Date Letters of Credit means, collectively, (a) the Letter of Credit No. 00652494 in the face amount of $50,650,028.00 issued by CoBank for the account of the Borrower for the benefit of Xxxxx Fargo Bank, N.A., and (b) the Letter of Credit No. 00652495 in the face amount of $675,000.00 issued by CoBank for the account of the Borrower for the benefit of Vector Pipeline L.P.

Closing Date Letters of Credit means the Letters of Credit described on Schedule C-2 and to be issued on the Closing Date by the applicable Issuing Banks referenced on such schedule.