LC Agreement definition
LC Agreement means a letter of credit application and reimbursement agreement (in form and substance satisfactory to Administrative Agent) submitted by Borrower to Administrative Agent for a letter of credit for the account of any Company.
LC Agreement means a letter of credit application and agreement (in form and substance satisfactory to Lender) executed by Borrowers and submitted to Lender for an LC for the account of Borrowers.
LC Agreement means the letter of credit facility agreement, to be dated as of the Issue Date, as amended, entered into by and among the Company and the Guarantors, the administrative agent party thereto, and the letter of credit issuers party thereto, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, replacements, renewals, restatements, refundings or refinancings thereof.
More Definitions of LC Agreement
LC Agreement has the meaning set forth in Section 4.3.
LC Agreement means the Bank's standard form of Application and Agreement for Irrevocable Standby Letter of Credit to be executed and delivered by the Borrower to the Bank in connection with the Letter of Credit, as required by Section 2.3 of this Agreement, as any of the same may be amended, modified or supplemented from time to time.
LC Agreement means that certain Franchise and Asset Sale Agreement by and among Parent, Merger Sub II, LeComp Co., Inc., a California corporation, and ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, an individual residing in the State of California and the sole stockholder of LeComp Co., Inc.
LC Agreement means a letter of credit application and agreement (in form and substance satisfactory to Administrative Agent) submitted by Borrower to LC Issuer for an LC for its own account, which LC Agreement (A) in the case of an initial issuance of an LC, shall specify (i) the proposed issuance date of the requested LC (which shall be a Business Day); (ii) the amount thereof; (iii) the expiry date thereof; (iv) the name and address of the beneficiary thereof; (v) the documents to be presented by such beneficiary in case of any drawing thereunder; (vi) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; and (vii) such other matters as LC Issuer may require, and (B) in the case of a request for an amendment of any outstanding LC, such LC Agreement shall specify (i) the LC to be amended; (ii) the proposed date of amendment thereof (which shall be a Business Day); (iii) the nature of the proposed amendment; and (iv) such other matters as LC Issuer may require.
LC Agreement means that certain Letter of Credit Reimbursement and Security Agreement, dated as of September 6, 2019 (as amended, amended and restated or otherwise modified from time to time), by and among DESG and the LC Issuer.
LC Agreement means that certain Letter of Credit Agreement, dated as of October 30, 2018, by and among McDermott International, Inc., as a guarantor, McDermott Technology (Americas), Inc., McDermott Technology (US), Inc. and McDermott Technology, B.V., as co-applicants, a syndicate of participants and letter of credit issuers, and Barclays Bank PLC, as administrative agent.
LC Agreement has the meaning set forth in Section 5.3. “LC Application” has the meaning set forth in Section 5.3. “LC Collateral Account” has the meaning set forth in Section 5.11. “LCDC” means Lithia Community Development Company, Inc., an Oregon corporation. “LC Fee” has the meaning set forth in Section 5.10.1. “LC Fee Percentage” has the meaning set forth in the Pricing Schedule. “LC Issuer” means U.S. Bank (or any subsidiary or affiliate of U.S. Bank designated by U.S. Bank) in its capacity as issuer of Letters of Credit hereunder. “LC Obligations” means, as of any date of determination, the sum, without duplication, of (a) the aggregate undrawn stated amount under Letters of Credit outstanding at such time, plus (b) the aggregate unpaid amount at such time of all Reimbursement Obligations. “LCA Test Date” has the meaning set forth in Section 1.5. “Lender” has the meaning set forth in the introductory paragraph and includes, as the context requires, the LC Issuer and Swing Line Lender. “Lender Party” has the meaning set forth in Section 6.20(a). “Lender-Provided Swap” means a Swap which is provided to the Company or any Subsidiary by the Agent, the LC Issuer, any other Lender or any Affiliate thereof (at the time such Swap is entered into). “Lending Installation” means, with respect to a Lender or the Agent, the office, branch, subsidiary or affiliate of such Lender or the Agent listed on the signature pages hereof (in the case of the Agent) or on its Questionnaire (in the case of a Lender) or otherwise selected by such Lender or the Agent pursuant to Section 6.3.2. 25