DF Letter of Credit definition

DF Letter of Credit means, at any time, each Letter of Credit outstanding at such time designated as a DF Letter of Credit pursuant to Section 2.05(a).
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DF Letter of Credit means, at any time, each Letter of Credit outstanding at such time as a DF Letter of Credit pursuant to Section 2.04(a).
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Examples of DF Letter of Credit in a sentence

  • Notwithstanding any other provision of this Agreement, including Sections 2.02 and 2.04(a), no DF Loan shall be made, and no DF Letter of Credit shall be issued or the stated amount thereof increased, if after giving effect thereto the aggregate amount of the Deposits would be less than the Undrawn/Unreimbursed DF LC Exposure.

Related to DF Letter of Credit

  • Revolving Letter of Credit means a letter of credit issued by a Revolving Fronting Bank pursuant to Section 2.03(a) and shall also include each Existing Letter of Credit.

  • Existing Letter of Credit means a letter of credit issued under the Prior Credit Agreement which is outstanding on the Effective Date hereof as set forth on Schedule 3.11 attached hereto.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Letter of Credit means any letter of credit issued pursuant to this Agreement.