L/C Facility definition

L/C Facility means the letter of credit facility established pursuant to Article III.
L/C Facility the L/C Commitments and the extensions of credit made thereunder.
L/C Facility means the agreement of L/C Issuer to issue Letters of Credit subject to the terms and conditions and up to the maximum amounts and duration as set forth in Section 2.09 of this Credit Agreement.

Examples of L/C Facility in a sentence

  • Reimbursement; Additional LC Facility Cash Collateral; Release of LC Facility Cash Collateral 38 SECTION 2.04.


More Definitions of L/C Facility

L/C Facility means the letter of credit facility established pursuant to Article III. The L/C Facility is part of, and not in addition to, the Revolving Credit Facility.
L/C Facility means any facility related to the issuance of letters of credit, together with any documents entered into or otherwise related thereto (including any cash collateral and control agreements), as the same may be amended, amended and restated, supplemented or otherwise modified, renewed, refunded, replaced (whether upon or after termination or otherwise) or refinanced, in whole or in part, from time to time.
L/C Facility means the letter of credit facility established pursuant to Section 2.1B.
L/C Facility means the letter of credit facility established pursuant to Section 2.15.
L/C Facility the L/C Commitments and the extensions of credit made thereunder. “L/C Fee Payment Date”: as defined in Section 3.3(a).
L/C Facility means the letter of credit facility under the Dollar Tranche established pursuant to Section 2.3.
L/C Facility means the letter of credit facility, dated as of December 1, 2000, by and between the Company and Jame▇ ▇▇▇tures, L.P., LJH Corporation, Robe▇▇ ▇▇▇▇▇▇, ▇▇n ▇. ▇▇▇▇▇▇▇ ▇▇ their designees or assigns providing for the issuance of $8.0 million of standby letters of credit in favor of Bank of America, N.A. as agent of the lenders under the Senior Credit Facility.