Honor Date definition

Honor Date has the meaning specified in Section 2.03(c)(i).

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Honor Date has the meaning specified in subsection 3.3(c).

Honor Date means the date of any payment by an L/C Issuer under a Letter of Credit.

Examples of Honor Date in a sentence

If the Borrower fails to so reimburse the L/C Issuer by such time, the Administrative Agent shall promptly notify each Lender of the Honor Date, the amount of the unreimbursed drawing (the “Unreimbursed Amount”), and the amount of such ▇▇▇▇▇▇’s Applicable Revolving Percentage thereof.
If B▇▇▇▇▇▇▇ fails to so reimburse Lender on the L/C Honor Date (or if any such reimbursement payment is required to be refunded to Borrower for any reason), then Borrower shall be deemed to have requested an ABR Revolving Loan in the amount of such unreimbursed drawing (the “Unreimbursed Amount”).
In such event, the Borrower shall be deemed to have requested a Revolving Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the conditions set forth in Section 4.02 (other than the delivery of a Loan Notice and the existence of a Borrowing Base Deficiency or a NYGB Borrowing Base Deficiency).

Honor Date has the meaning specified in Section 6.3(b).

Honor Date has the meaning assigned to such term in Section 2.19(c).

Honor Date shall have the meaning assigned to such term in Section 2.05.

Honor Date has the meaning assigned to such term in Section 2.20(c)(i).

Honor Date as defined in Section 3.5.

Honor Date has the meaning assigned to such term in Section 2.04(d)(i).

Honor Date shall have the meaning assigned to such term in Section 2.3(c)(i).