For a Drawing with fifteen or more Jackpot Winning Tickets sold, no annuity option is available.
Interest Drawing has the meaning assigned to such term in Section 3.6(a).
Final Drawing has the meaning specified in Section 3.05(i).
Drawing means the drawing or drawings specified in or annexed to the Specifications;
Downgrade Drawing has the meaning assigned to such term in Section 3.6(c).
Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).
Non-Extension Drawing has the meaning specified in Section 3.5(d).
Special Drawing Rights and the symbol “SDR” mean special drawing rights as valued by the International Monetary Fund in accordance with its Articles of Agreement”;
Unpaid Drawing shall have the meaning provided in Section 3.4(a).
Swingline Facility means the swingline facility established pursuant to Section 2.2.
Letter of Credit Disbursement means a payment made by Issuing Bank pursuant to a Letter of Credit.
Refunded Swingline Loans as defined in Section 2.7(b).
Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.
Letter of Credit Payment means any amount paid or required to be paid by the Issuing Lender in its capacity hereunder as issuer of a Letter of Credit as a result of a draft or other demand for payment under any Letter of Credit.
Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit H, signed by a Responsible Official of Borrower, and properly completed to provide all information required to be included therein.
Bankers’ Acceptance means a time draft or xxxx of exchange or other deferred payment obligation relating to a Commercial Letter of Credit which has been accepted by the L/C Issuer.
Letter of Credit Commitment means, with respect to any Issuing Bank at any time, the amount set forth opposite such Issuing Bank’s name on Schedule I hereto under the caption “Letter of Credit Commitment” or, if such Issuing Bank has entered into one or more Assignment and Acceptances, set forth for such Issuing Bank in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Issuing Bank’s “Letter of Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05.
Letter of Credit Borrowing means any Credit Extension resulting from a drawing under any Letter of Credit that has not been reimbursed or refinanced as a Borrowing of Revolving Loans.
Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).
Letter of Credit Limit means $5,000,000.
Letter of Credit Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $25,000,000. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.
Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.
Swingline Expiry Date means that date which is five Business Days prior to the Revolving Loan Maturity Date.
Refunded Swing Line Loans has the meaning assigned to that term in subsection 2.1A(iii).
L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.