LC Lender definition

LC Lender means a Lender with a LC Commitment, which as of the Closing Date is as set forth on Schedule 2.01.
LC Lender means, at any time, any Person that has a Letter of Credit Commitment or outstanding Letter of Credit Exposure at such time. As of the Closing Date, the LC Lenders are those Persons listed on Annex I as having a Letter of Credit Commitment.

More Definitions of LC Lender

LC Lender means any Lender that has an LC Commitment or which, at --------- the date of determination, has purchased (pursuant to Section 3.05) a participation in a Letter of Credit.
LC Lender means CIBC and EDC to the extent that EDC has acceded to the obligations, rights and benefits of the LC Lender pursuant to the operation of Section 5.03.
LC Lender means a Lender with a LC Commitment, which as of the date hereof is as set forth on Schedule 2.01.
LC Lender means a Revolving Lender or a Tranche A LC Lender.
LC Lender means CIBC and EDC to the extent that EDC has acceded to the obligations, rights and benefits of the LC Lender pursuant to the operation of Sec tion 5.03. “ L/C Fronting Exposure ” has the meaning set forth in Sec tion 13.16(2). “ LDC Agreements ” means Collection Service Agreements and Transportation Agreements and the Electricity Service Agreements listed on Schedule G hereto as such agreements are in effect on the date hereof and as from time to time supplemented, amended restated or replaced from time to time and any such agreement entered into with LDCs after the date hereof, whether or not scheduled. “LDCs” means (i) local distribution companies to whom volumes of natural gas are delivered by an Obligor and with whom such Obligor has Transportation Agreements and Collection Service Agreements and (ii) local electricity distribution companies, which deliver electricity to Customers for and on behalf of an Obligor and with whom such Obligor has an Electricity Service Agreement. “ Lease Obligations ” means, as to any Person, the obligations of such Person to pay rent or other amounts under a lease of (or other agreement conveying the right to use) any Right of Use Asset which obligations are required to be recorded on a balance sheet of such Person in accordance with IFRS 16. For the purposes of this Agreement, including all calculations of any Lease Obligations to be made hereunder, any lease which would be accounted for as an operating lease under the International Financial Reporting Standards as in effect on December 31, 2018 shall be, notwithstanding any subsequent change in the International Financial Reporting Standards, deemed to be accounted for as an operating lease under such prior IFRS rules (regardless of whether such lease is entered into or assumed before or after December 31, 2018) and the obligations thereunder shall not be Lease Obligations for the purpose of this Agreement. “ Lender Group Commitment ” means, with respect to a particular Lender Group, the amount set forth in Schedule A hereto as the Lender Group Commitment of such Lender Group under the Revolving Facilities as the same may be increased or reduced pursuant to this Agreement. “ Lender Groups ” means, collectively, (a) CIBC, (b) National Bank of Canada, (c) HSBC Bank Canada, (d) Xxxxxx Xxxxxxx Senior Funding, Inc., and (e) any assignee of a Lender Group which has delivered an Assignment Agreement, and “ Lender Group ” means any one of the Lender Groups. “ Lender Hedge Pro...
LC Lender means any one of the LC Lenders.
LC Lender means, at any time, any Lender that has a Letter of Credit Commitment at such time.