L/C Interest definition

L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.
L/C Interest shall have the meaning ascribed to such term in Section 2.4.2.
L/C Interest is defined in Section 3.6.

Examples of L/C Interest in a sentence

  • Any assignee or transferee of a Loan, Commitment, L/C Interest or any other interest of a Lender under the Loan Documents agrees by acceptance thereof to be bound by all the terms and provisions of the Loan Documents.

  • Any assignee or transferee of a Loan, Revolving Loan Commitment, L/C Interest or any other interest of a lender under the Loan Documents agrees by acceptance thereof to be bound by all the terms and provisions of the Loan Documents.

  • Subject to the terms set forth in this Section 14.2, any Lender may, in the ordinary course of its business and in accordance with applicable law, at any time sell to one or more banks or other entities ("Participants") participating interests in any Loan owing to such Lender, any Revolving Loan Commitment of such Lender, any L/C Interest of such Lender or any other interest of such Lender under the Loan Documents on a pro rata or non-pro rata basis.

  • Any assignee or transferee of a Loan, Commitment, L/C Interest or any other interest of a lender under the Loan Documents agrees by acceptance thereof to be bound by all the terms and provisions of the Loan Documents.

  • Subject to the terms set forth in this Section 13.2, any Lender may, in the ordinary course of its business and in accordance with applicable law, at any time sell to one or more banks or other entities ("Participants") participating interests in any Loan owing to such Lender, any Note held by such Lender, any Revolving Loan Commitment of such Lender, any L/C Interest of such Lender or any other interest of such Lender under the Loan Documents on a pro rata or non-pro rata basis.


More Definitions of L/C Interest

L/C Interest shall have the meaning ascribed to such term in SECTION 3.5 hereof.
L/C Interest means, for each Revolving Lender, such Lender’s participation interest (or, in the case of each L/C Lender, such L/C Lender’s retained interest) in each L/C Lender’s liability under Letters of Credit and such Lender’s rights and interests in Reimbursement Obligations and fees, interest and other amounts payable in connection with Letters of Credit and Reimbursement Obligations.
L/C Interest is defined in Section 3.6 hereof.
L/C Interest has the meaning specified in Section 2.20.2.
L/C Interest has the meaning assigned to such term in Section 4.05.
L/C Interest has the meaning specified in SECTION 2.21.2.
L/C Interest is defined in SECTION 3.6 hereof.