Dollar Letter of Credit definition

Dollar Letter of Credit means a Letter of Credit denominated in Dollars.
Dollar Letter of Credit means a Letter of Credit denominated in Dollars and issued pursuant to Section 2.03(a)(i)(A).
Dollar Letter of Credit means any Letter of Credit denominated in Dollars.

Examples of Dollar Letter of Credit in a sentence

  • If there is any change in the Applicable Rate during any quarter, the daily maximum amount of each Dollar Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

  • The applicable Issuing Bank shall, promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Dollar Letter of Credit or a Multicurrency Letter of Credit.

  • Such letter of credit fees shall be due and payable in Dollars on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Dollar Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand.

  • Such letter of credit fees shall be due and payable in Dollars on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Dollar Letter of Credit, on the Letter of Credit Expiration Date relating to Dollar Letters of Credit and thereafter on demand.

  • Such letter of credit fees shall be due and payable in Dollars on the tenth Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Dollar Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand.


More Definitions of Dollar Letter of Credit

Dollar Letter of Credit has the meaning given to such term in Section 2.19(a).
Dollar Letter of Credit means a Dollar-denominated letter of credit of an Issuing Bank issued pursuant to this Agreement or issued pursuant to any other arrangement and incorporated as a “Letter of Credit” under this Agreement pursuant to Section 2.11(b).
Dollar Letter of Credit means each Letter of Credit denominated in Dollars.
Dollar Letter of Credit means each Letter of Credit issued under the Dollar Revolving Facility.
Dollar Letter of Credit means any one of such Dollar Letters of Credit.
Dollar Letter of Credit any Letter of Credit and/or bank guarantee denominated in Dollars.