Existing Letter of Credit definition

Existing Letter of Credit means each letter of credit issued prior to the Effective Date by a Person that shall be an Issuing Bank and listed on Schedule 2.06.

Existing Letter of Credit means each letter of credit listed on Schedule 1.1B.

Existing Letter of Credit shall have the meaning provided in section 3.1(d).

Examples of Existing Letter of Credit in a sentence

As of the Effective Date, each Existing Letter of Credit shall be deemed a Letter of Credit issued hereunder for all purposes under this Agreement without need for any further action by the Borrower or any other Person.

Existing Letter of Credit means a letter of credit listed on Schedule IV hereto outstanding under the Existing Credit Agreement immediately prior to the satisfaction of all the conditions precedent set forth in Sections 3.01 and 3.02.

Existing Letter of Credit means each letter of credit previously issued for the account of the U.S. Borrower or any Subsidiary that is (a) outstanding on the Closing Date and (b) listed on Schedule 2.05(a).

Existing Letter of Credit means any letter of credit previously issued that (a) will remain outstanding on and after the Closing Date and (b) is listed on Schedule 1.01(d).

Existing Letter of Credit shall have the meaning assigned to such term in Section 2.05(a).

Existing Letter of Credit means each of the letters of credit described by applicant, date of issuance, letter of credit number, amount, beneficiary and the date of expiry on Schedule 1.1(c) hereto.

Existing Letter of Credit means a “Letter of Credit” (as defined in the Former Bank Credit Agreement) issued under the Former Bank Credit Agreement that was outstanding on the Effective Date and listed on Appendix III under the heading “Existing Revolving Letters of Credit”.

Existing Letter of Credit means each of the letters of credit described by applicant, date of issuance, letter of credit number, amount, beneficiary and the date of expiry on Schedule 1.1(d) hereto.