Existing Issuing Bank definition

Existing Issuing Bank means each bank which issued Existing Letters of Credit.
Existing Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of the Existing Letters of Credit.
Existing Issuing Bank means each bank which issued existing Letters of Credit issued under the Existing Credit Agreement.

Examples of Existing Issuing Bank in a sentence

  • The Existing Issuing Bank, the Lenders and the Borrower agree that effective as of the Effective Date, the Existing Letter of Credit shall be deemed to have been issued and maintained under, and to be governed by the terms and conditions of, this Agreement.

  • Prior to the Closing Date, the Existing Issuing Bank has issued the Existing Letters of Credit which, from and after the Closing Date, shall constitute Letters of Credit hereunder.

  • The parties hereto agree that each Existing Letter of Credit shall be deemed to be issued hereunder and shall constitute a Letter of Credit for all purposes under this Agreement, without any further action by the Borrower or any Existing Issuing Bank.

  • The Existing Issuing Bank shall continue any Existing Letters of Credit, for the account of the Borrower; provided that no Existing Letter of Credit shall be renewed by the Existing Issuing Bank but shall be replaced by Citibank as the Issuing Bank upon submission by the Borrower to Citibank of a request for an issuance of a Letter of Credit.

  • Prior to the Closing Date, the Existing Issuing Bank has issued the Existing Letters of Credit that, from and after the Closing Date, shall constitute Letters of Credit hereunder.


More Definitions of Existing Issuing Bank

Existing Issuing Bank means Citibank.
Existing Issuing Bank means Bank of America, N.A.
Existing Issuing Bank means SunTrust Bank.
Existing Issuing Bank. JPMorgan Chase Bank, N.A., as issuer of the Existing Letters of Credit.
Existing Issuing Bank means Citibank, N.A.
Existing Issuing Bank each Person that has issued one or more Continuing Letters of Credit.
Existing Issuing Bank. JPMorgan Chase Bank, N.A., Citibank, N.A. and Bank of America, N.A., as issuers of the Existing Letters of Credit.