Designated Issuer definition

Designated Issuer means , a corporation, together with any successor entity in a merger, consolidation or amalgamation.

Designated Issuer. Chase Manhattan Bank Delaware, a Delaware banking corporation, in its individual capacity.

Designated Issuer as to Securities of a particular series, means (a) the entity that shall be specified pursuant to Section 301, and (b) any successor entity to such entity in a merger, consolidation or amalgamation.

Examples of Designated Issuer in a sentence

• Any information provided in connection herewith to the Agent, Co-Agent, Designated Issuer or any Bank shall be subject to the confidentiality provisions of Section 9.06(e) of the Credit Agreement.

• A paraphrase version does not contain the exact word-by-word translation of Scriptures.

• The increase in costs of services and goods consumed by the Group was mainly due to higher CCASS/3 maintenance costs and line rentals for the Designated Issuer Website.

• It is the intention of the Borrower and the Designated Issuers that each Designated Issuer only issue Letters of Credit in an aggregate Stated Amount that is substantially pro rata to the aggregate Stated Amount of the Letters of Credit issued by each other Designated Issuer, it being recognized that credit policies of beneficiaries may result in non-pro rata treatment for one or more Designated Issuers and may require adjustments to the procedures set forth in the next sentence.

• In cases where there is a Designated Issuer, both the Eligible Issuer and Designated Issuer will sign this agreement.

More Definitions of Designated Issuer

Designated Issuer means a financial institution which has been designated by a Bank as such Bank's "Designated Issuer" for purposes of issuing Letters of Credit and (i) in the case of a Bank which is a party to this Agreement on the Effective Date, which has executed this Agreement, and (ii) in each other case shall have executed this Agreement and shall have been consented to by Borrower, which consent shall not be unreasonably withheld.

Designated Issuer shall have the meaning ascribed in Section 4(a) hereof.

Designated Issuer. As defined in the recitals to this Agreement.

Designated Issuer. Chase Manhattan Bank Delaware as designated issuer of Letters of Credit;

Designated Issuer. Canadian Imperial Bank of Commerce, New York Agency.

Designated Issuer means a bank or other legally authorized Person selected by or acceptable to a Revolving Lender in its sole discretion to issue a Letter of Credit hereunder, which Letter of Credit shall be guaranteed by such Revolving Lender in a manner acceptable to such Revolving Lender and its designee. Each such Revolving Lender shall be considered the "Issuing Lender" hereunder with respect to any Letters of Credit issued by its respective Designated Issuer.

Designated Issuer is defined in SECTION 2.19(a). "DESIGNATED PREPAYMENT" is defined in SECTION 2.7(b). "DESIGNATED RESERVES" means the reserves in the amounts and of the categories identified in the Disclosure Letter.