Examples of L/C-BA Advance in a sentence
Until each USD Revolving Lender funds its USD Revolving Loan or L/C-BA Advance pursuant to this Section 2.03(d) to reimburse the applicable L/C-BA Issuer for any amount drawn under any Letter of Credit or payments made on any Bankers’ Acceptance, interest in respect of such USD Revolving Lender’s Applicable USD Revolving Percentage of such amount shall be solely for the account of such L/C-BA Issuer.
In such event, each USD Revolving Lender’s payment to the Administrative Agent for the account of the applicable L/C-BA Issuer pursuant to Section 2.03(d)(ii) shall be deemed payment in respect of its participation in such L/C- BA Borrowing and shall constitute an L/C-BA Advance from such USD Revolving Lender in satisfaction of its participation obligation under this Section 2.03.
Subject to Section 2.17(b), no such making of an L/C-BA Advance shall relieve or otherwise impair the joint and several obligation of the Borrowers to reimburse the applicable L/C-BA Issuer for the amount of any payment made by such L/C-BA Issuer under any Letter of Credit or Bankers’ Acceptance, together with interest as provided herein.
The court ruled against the plaintiff on the ground that nuisance law did not provide compensation for ultra-sensitive plaintiffs.
In such event, each Revolving Credit Lender's payment to the Administrative Agent for the account of the L/C Issuer pursuant to subsection 3.1(c)(ii) shall be deemed payment in respect of its participation in such L/C-BA Borrowing and shall constitute an L/C-BA Advance from such Lender in satisfaction of its participation obligation under this subsection 3.1.
In such event, each Revolving Credit Lender’s payment to the Administrative Agent for the account of the applicable L/C Issuer pursuant to subsection 3.1(c)(ii) shall be deemed payment in respect of its participation in such L/C-BA Borrowing and shall constitute an L/C-BA Advance from such Lender in satisfaction of its participation obligation under this subsection 3.1 .
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No such making of an L/C-BA Advance shall relieve or otherwise impair the obligation of the Company to reimburse the applicable L/C Issuer for the amount of any payment made by such L/C Issuer under any Letter of Credit or Bankers’ Acceptance, together with interest as provided herein.
No such making of an L/C-BA Advance shall relieve or otherwise impair the obligation of the Borrower to reimburse the L/C Issuer for the amount of any payment made by the L/C Issuer under any Letter of Credit or Bankers' Acceptance, together with interest as provided herein.
If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender's Loan included in the relevant Borrowing or L/C-BA Advance in respect of the relevant L/C Borrowing, as the case may be.