Existing Credit Support definition
Existing Credit Support means all ▇▇▇▇-Provided Credit Support outstanding as of the date hereof, as amended, replaced, modified or supplemented pursuant to Section 2.1.1;
Existing Credit Support is defined in Section 8.13.
Existing Credit Support means the bonds, guarantees, letters of credit, cash deposits, and other amounts, obligations or instruments furnished by Seller or an Affiliate of Seller for the benefit of a ProjectCo or a Project set forth in Disclosure Schedule 1.2.
Examples of Existing Credit Support in a sentence
Reasonably promptly after the Closing, Seller and Purchaser shall reasonably cooperate (at no expense to Purchaser) to cause the return or reimbursement of the Seller for any cash deposits constituting Existing Credit Support.
At or prior to the Closing, Purchaser shall post and provide any and all Credit Support necessary to obtain the release, 77 return, and replacement of all Existing Credit Support, with each such release and replacement in the form and substance reasonably satisfactory to Seller.
More Definitions of Existing Credit Support
Existing Credit Support means, collectively, the letters of credit, cash deposits and other forms of credit support posted for the benefit of the applicable Project Company.
Existing Credit Support means the guarantees, backstops, letters of credit and other forms of credit support provided, directly and indirectly, by the KMI and certain of its affiliates (other than KML and the entities comprising the Purchased Business) for or on behalf of certain of the KML Operating Entities in respect of the Purchased Business, which are in force or in place as of the date hereof, but notwithstanding the foregoing, excluding any guarantees, backstops, letters of credit and other forms of credit support provided, directly and indirectly, by the KMI and certain of its affiliates in respect of the sale of the Trans Mountain pipeline system and related expansion project, including pursuant to the TMX Agreement;
Existing Credit Support has the meaning set forth in Section 5.13(a).
Existing Credit Support means all guarantees and letters of credit issued or procured, directly or indirectly, by or for the account of Seller or its Affiliates (other than the Acquired Companies, unless an entity other than an Acquired Company is ultimately responsible therefor), as well as any indemnity, payment or other similar obligations of Seller or its Affiliates (other than the Acquired Companies), in each case relating to contractual commitments or other liabilities of the Acquired Companies or the Business associated therewith.
Existing Credit Support means the guarantees, backstops, letters of credit and other forms of credit support provided, directly and indirectly, by KMI and certain of its affiliates (other than KML and the entities comprising the Purchased Business) for or on behalf of certain of the KML Operating Entities in respect of the Purchased Business, which are in force or in place as of the date hereof, but notwithstanding the foregoing, excluding any guarantees, backstops, letters of credit and other forms of credit support provided, directly and indirectly, by KMI and certain of its affiliates in respect of the sale of the Trans Mountain pipeline system and related expansion project, including pursuant to the TMX Agreement;