Issuing Lenders definition

Issuing Lenders means (a) with respect to Letters of Credit issued hereunder on or after the Closing Date, (i) Wells Fargo, (ii) BMO Harris Bank, N.A. and (iii) any other Revolving Credit Lender to the extent it has agreed, in its sole discretion, to act as an “Issuing Lender” hereunder and that has been approved in writing by the Borrower and the Administrative Agent (such approval by the Administrative Agent not to be unreasonably delayed or withheld), in each case in its capacity as issuer of any Letter of Credit hereunder or any successor thereto and (b) with respect to the Existing Letters of Credit, the applicable issuer thereof as set forth on Schedule 1.1(a).
Issuing Lenders means all such Persons, collectively.

Examples of Issuing Lenders in a sentence

  • The Administrative Agent may at any time give notice of its resignation to the Lenders, the Issuing Lenders and the Borrower.

  • In such event, if the Borrower has not in fact made such payment, then each of the Lenders, the Issuing Lenders or the Swingline Lender, as the case maybe, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender, Issuing Lender or the Swingline Lender, with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the Overnight Rate.

  • The Issuing Lenders and the Lenders shall not, in any way, be liable for any failure by the applicable Issuing Lender or anyone else to pay any drawing under any Letter of Credit as a result of any Government Acts or any other cause beyond the control of the Issuing Lenders and the Lenders.

  • The order of priority set forth in this paragraph and the related provisions of this Agreement are set forth solely to determine the rights and priorities of the Administrative Agent, the Lenders, and the Issuing Lenders as among themselves.

  • The Sustainability Structuring Agent may at any time give notice of its resignation to the Administrative Agent, the Lenders, the Issuing Lenders and the Borrower.


More Definitions of Issuing Lenders

Issuing Lenders. (a) Citibank, N.A. and (b) any other Revolving Lender from time to time designated by the Borrower as an Issuing Lender with the consent of such other Revolving Lender in its sole discretion.
Issuing Lenders means, as of any date of determination, the Administrative Agent and any other Credit-Linked Issuing Lender or Revolving Issuing Lender that has issued a Letter of Credit that is outstanding on such date of determination.
Issuing Lenders each of Bank of America, N.A., US Bank National Association, JPMorgan Chase Bank, N.A., or any Affiliate thereof, each in its capacity as issuer of any Letter of Credit, and any other Lender selected by the Borrower to be an Issuing Lender with the consent of the Administrative Agent and such Lender, in such capacity; provided that the number of Issuing Lenders shall not at any time exceed three.
Issuing Lenders. (a) the Administrative Agent or any of its Affiliates and (b) any other Revolving Lender from time to time selected by the Joint Bookrunners as an Issuing Lender and reasonably acceptable to the Borrower and the Administrative Agent. In the event that there is more than one Issuing Lender at any time, references herein and in the other Loan Documents to the Issuing Lender shall be deemed to refer to the Issuing Lender in respect of the applicable Letter of Credit or to all Issuing Lenders, as the context requires.
Issuing Lenders collectively, the Acquisition Facility Issuing Lenders, the Dollar Working Capital Facility Issuing Lenders and the Multicurrency Working Capital Facility Issuing Lenders; provided that there shall be no more than seven Issuing Lenders at any time unless otherwise agreed by the Administrative Agent and notified to Lenders (it being understood that any financial institution may be an Acquisition Facility Issuing Lender, a Dollar Working Capital Facility Issuing Lender and a Multicurrency Working Capital Facility Issuing Lender (or any combination thereof) and shall for purposes of this proviso be considered one Issuing Lender).
Issuing Lenders means, (i) with respect to Letters of Credit issued hereunder on or after the Closing Date, each of Xxxxx Fargo, Bank of America and Citibank, in its capacity as issuer thereof, or any successor thereto and any other consenting Lender reasonably acceptable to the U.S. Borrower and the Administrative Agent and (ii) with respect to the Existing Letters of Credit, Xxxxx Fargo.