Incremental Issuing Bank definition

Incremental Issuing Bank means a Lender with an Incremental L/C Commitment or an outstanding Letter of Credit issued, or L/C Disbursement incurred, pursuant to an Incremental L/C Commitment.
Incremental Issuing Bank shall have the meaning provided in Section 2.2(c)(ii) of this Agreement.

Examples of Incremental Issuing Bank in a sentence

  • The Provost will determine the percentage each year after consultation with the SCPB.

Related to Incremental Issuing Bank