Existing DIP Letters of Credit definition

Existing DIP Letters of Credit means the letters of credit outstanding on the Closing Date and identified on Schedule 2.03.
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Existing DIP Letters of Credit means all such letters of credit, collectively.
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Existing DIP Letters of Credit means all letters of credit issued pursuant to the DIP Facility, outstanding immediately prior to the Closing Date and listed on Part A of Schedule 1.01A.
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Examples of Existing DIP Letters of Credit in a sentence

  • For the avoidance of doubt, as used herein, “Letters of Credit” shall not include the WTC Letter of Credit or Roll-Up Letters of Credit; provided, however, that “Letters of Credit” shall include all Existing DIP Letters of Credit, which shall be deemed issued on the Closing Date as Letters of Credit with no further action required by any Person.

Related to Existing DIP Letters of Credit

  • Existing Letters of Credit means the letters of credit issued under the Existing Credit Facility described on Schedule 1.1(B).

  • Letters of Credit as defined in Section 3.1(a).

  • Letter of Credit Obligations means all outstanding obligations incurred by Agent and Lenders at the request of Borrower, whether direct or indirect, contingent or otherwise, due or not due, in connection with the issuance of Letters of Credit by Agent or another L/C Issuer or the purchase of a participation as set forth in Annex B with respect to any Letter of Credit. The amount of such Letter of Credit Obligations shall equal the maximum amount that may be payable by Agent or Lenders thereupon or pursuant thereto.

  • Letter of Credit Documents means, with respect to any Letter of Credit, collectively, any application therefor and any other agreements, instruments, guarantees or other documents (whether general in application or applicable only to such Letter of Credit) governing or providing for (a) the rights and obligations of the parties concerned or at risk with respect to such Letter of Credit or (b) any collateral security for any of such obligations, each as the same may be modified and supplemented and in effect from time to time.