L/Cs definition

L/Cs as defined in Subsection 3.1(a).

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L/Cs the U.S. Facility Letters of Credit and the Canadian Facility Letters of Credit.

L/Cs letters of credit issued by any Issuing Lender to, or for the account of the Borrowers, pursuant to Section 3.

Examples of L/Cs in a sentence

All terms of this Agreement shall apply to any such Lending Installation and the Loans, Facility LCs, participations in LC Obligations and any Notes issued hereunder shall be deemed held by each Lender or the LC Issuer, as the case may be, for the benefit of any such Lending Installation.
The LC Issuer will issue Facility LCs hereunder on the terms and conditions set forth in Section 2.19.
Each Lender may book its Loans and its participation in any LC Obligations and the LC Issuer may book the Facility LCs at any Lending Installation selected by such Lender or the LC Issuer, as the case may be, and may change its Lending Installation from time to time.
The LC Issuer will issue Facility LCs hereunder on the terms and conditions set forth in Section 2.20.
Each Lender and the LC Issuer may, by written notice to the Administrative Agent and the Borrower in accordance with Article XIII, designate replacement or additional Lending Installations through which Loans will be made by it or Facility LCs will be issued by it and for whose account Loan payments or payments with respect to Facility LCs are to be made.

More Definitions of L/Cs

L/Cs as defined in Section 3.1(a), which shall be deemed to include the Existing L/Cs.

L/Cs the U.S. RCF Letters of Credit and the Canadian RCF Letters of Credit.

L/Cs shall have the meanings specified in Section 1.6(a) hereof.

L/Cs has the meaning given in the Recitals.

L/Cs shall have the meaning ascribed thereto in subsection 2.1(c)(i).

L/Cs means, with respect to any Person, all letters of credit or analogous instruments as to which such Person is the account party or is otherwise liable for, or has pledged any asset to secure, reimbursement or payment of amounts drawn thereunder.

L/Cs means, collectively, the Domestic L/Cs and the Foreign Currency L/Cs, and "L/C" shall mean any one of them.