Issuing Lender Commitment definition

Issuing Lender Commitment means the commitment of each Issuing Lender to issue Letters of Credit in face amount not to exceed the amount set forth under the heading “Issuing Lender Commitment” opposite its name in Annex A hereto as updated from time to time or in the Assignment and Acceptance pursuant to which such Issuing Lender became a party hereto or in any other agreement with the Borrower pursuant to which such Issuing Lender becomes an Issuing Lender or increases its Issuing Lender Commitment, in each case, as any of the same may be changed from time to time with the consent of the Borrower and any such Issuing Lender.

Issuing Lender Commitment as to any Issuing Lender at any time, the amount set forth opposite such Issuing Lender’s name in Schedule I under the heading “Issuing Lender Commitment”, as such amount may be reduced or increased from time to time in accordance with the provisions of this Agreement.

Issuing Lender Commitment as to any Issuing Lender, the amount set forth under the heading “Issuing Lender Commitment” opposite such Lender’s name on Schedule 1.1A (after giving effect to the Fourth Restatement Effective Date) or in the Assignment and Assumption pursuant to which such Issuing Lender became a party hereto in such capacity, as the same may be changed from time to time pursuant to the terms hereof.

Examples of Issuing Lender Commitment in a sentence

• The Borrower may, at any time and from time to time, reduce or increase the Issuing Lender Commitment of any Issuing Lender with the consent of such Issuing Lender; provided that the Borrower shall not reduce the Issuing Lender Commitment of any Issuing Lender if, after giving effect of such reduction, the conditions set forth in clauses (i) through (iii) above shall not be satisfied.

• V., London Branch as agent for and on behalf of [Names of all Issuing Lenders including Agent] By: ___________________________ Name: Title: Schedule 1 Issuing Lenders’ Commitments Name and Address of Issuing Lender Commitment Participation (Sterling) Total Value Schedule 2 Form of Demand (Pounds Sterling) [on Lloyd’s letterhead] Dear Sir/Madam THE SOCIETY OF LLOYD’S TRUSTEE OF LETTER OF CREDIT NO.

More Definitions of Issuing Lender Commitment

Issuing Lender Commitment. (a) with respect to JPMorgan Chase Bank, N.A., $50,000,000 and (b) with respect to any other Issuing Lender, such amount as may be separately agreed in writing by such Issuing Lender and the Borrower.

Issuing Lender Commitment with respect to each Issuing Lender, $10,000,000 or such other amount as separately agreed in writing by such Issuing Lender and the Borrower.

Issuing Lender Commitment with respect to each Issuing Lender, the commitment of such Xxxxxxx Xxxxxx to issue Letters of Credit hereunder. The amount of each Issuing Lender’s Issuing Lender Commitment as of the ClosingAmendment No. 1 Effective Date is set forth on Schedule 1.2, or if an Issuing Lender has entered into an Assignment and Assumption or has otherwise assumed an Issuing Lender Commitment after the ClosingAmendment No. 1 Effective Date, the amount set forth for such Issuing Lender as its Issuing Lender Commitment in the Register maintained by the Administrative Agent. The Issuing Lender Commitment of an Issuing Lender may be modified from time to time by agreement between such Issuing Lender and the Borrower, and notified to the Administrative Agent.

Issuing Lender Commitment with respect to each Issuing Lender, the commitment of such Issuing Lender to issue Letters of Credit hereunder. The initial amount of each Issuing Lender’s Issuing Lender Commitment is set forth on Schedule 1.1C, or if an Issuing Lender has entered into an Assignment and Assumption, the amount set forth for such Issuing Lender as its Issuing Lender Commitment in the Register maintained by the Administrative Agent.

Issuing Lender Commitment means, as to any Issuing Lender, (a) $25,000,000 or (b) if such Issuing Lender has entered into an Assignment and Acceptance Agreement, the amount set forth for such -15 Issuing Lender as its Issuing Lender Commitment in the Register maintained by the Agent pursuant to Section 12.5(e).

Issuing Lender Commitment. (a) with respect to Royal Bank of Canada acting in the capacity of “Issuing Lender”, $100,000,000, (b) with respect to each of HSBC Bank Canada and The Toronto-Dominion Bank and/or their respective affiliates acting in the capacity of “Issuing Lender”, $50,000,000 and (c) with respect to any other Issuing Lender designated hereunder, such amount as shall be notified to the Borrower and the Administrative Agent in writing at the time of such Issuing Lender’s designation as such.

Issuing Lender Commitment with respect to each Issuing Lender, the commitment of such Issuing Lender to issue Letters of Credit hereunder. As of the date hereof, each Issuing Lender Commitment of each Lead Lender in its capacity as Issuing Lender is $56,250,000. The Issuing Lender Commitment of any Alternate Issuing Lender shall be set forth in a written notice from such Alternate Issuing Lender to the Administrative Agent on or prior to the date that such Person becomes an Alternate Issuing Lender.