Letter of Credit Advances means all amounts owing to Bank under any Letter of Credit Agreement, including, without limitation, all drafts paid by Bank under any Letter of Credit and with respect to which and to the extent that Bank has not been reimbursed.

Letter of Credit Advances or the “Swing Line Advances”) by the Lender to or for the benefit of the Borrower from time to time in an aggregate amount not to exceed at any time outstanding the U.S. dollar amount first above mentioned, the indebtedness of the Borrower resulting from each such Revolving Credit Advance, Letter of Credit Advance and Swing Line Advance being evidenced by this Promissory Note, and (b) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified. This Promissory Note shall be governed by, and construed in accordance with, the laws of the State of New York. DIGITAL REALTY TRUST, L.P. By: Digital Realty Trust, Inc., its Sole General Partner By Name: Title: ADVANCES AND PAYMENTS OF PRINCIPAL Date Amount of Advance Amount of Principal Paid or Prepaid Unpaid Principal Balance Notation Made By EXHIBIT B TO THE REVOLVING CREDIT AGREEMENT FORM OF NOTICE OF BORROWING NOTICE OF BORROWING , Citicorp North America, Inc., as Administrative Agent under the Credit Agreement referred to below 0 Xxxxx Xxx, Xxxxx 000 Xxx Xxxxxx, Xxxxxxxx 00000 Xxxxxx Xxxxxx of America Attention: Xxxxxxx Xxxxxxx, Citigroup Global Loans [Citibank International plc, as Sub-Agent under the Credit Agreement referred to below 0 Xxxxxxx Xxxxxxxx, 0xx Xxxxx Xxxxxx X00 0XX Xxxxxx Xxxxxxx Attention: ] Ladies and Gentlemen: The undersigned, DIGITAL REALTY TRUST, L.P., refers to the Revolving Credit Agreement dated as of August 31, 2007 (as amended from time to time, the “Credit Agreement”; the terms defined therein being used herein as therein defined), among the undersigned, Digital Realty Trust, Inc., as Parent Guarantor, the Subsidiary Guarantors party thereto, the Lender Parties party thereto and Citicorp North America, Inc., as Administrative Agent for the Lender Parties, and hereby gives you notice, irrevocably, pursuant to Section 2.02 of the Credit Agreement that the undersigned hereby requests a Borrowing under the Credit Agreement, and in that connection sets forth below the information relating to such Borrowing (the “Proposed Borrowing”) as required by Section [2.02(a)][2.02(b)] of the Credit Agreement:

Letter of Credit Advances means each Existing Letter of Credit and each issuance of a Letter of Credit under Section 2.6 made pursuant to Section 2.1 in which each Lender acquires a pro rata risk participation pursuant to Section 2.6(f).

Examples of Letter of Credit Advances in a sentence

In the event of a Letter of Credit Advance due to a draw on a Letter of Credit, the Borrower may reinstate the applicable Letter of Credit to the original stated amount of the Letter of Credit Amount by written instruction to the Purchaser to reinstatement the Letter of Credit Amount with the date of reinstatement and the payment of all Letter of Credit Advances with respect to such draws, with interest accruing on such Letter of Credit Advances to the date of reinstatement.
Each Line of Credit Advance made and each Letter of Credit issued under this Agreement shall be in a minimum principal amount of $100,000; provided that Letter of Credit Advances shall be in the principal amount of the corresponding draw on the applicable Letter of Credit and shall not require submission of a Request for Line of Credit Advance or Letter of Credit.
The Borrower is irrevocably and unconditionally obligated to reimburse the Purchaser for any Letter of Credit Advances made under the terms of the applicable Letter of Credit.
No ground water extraction is proposed for the existing and the proposed facility.
Within the limits of the Letter of Credit Facility Sublimit, and subject to the limits referred to above, the Borrower may request the issuance of Letters of Credit under this Section 2.15(a), repay any Letter of Credit Advances resulting from drawings thereunder pursuant to Section 2.15(c) and request the issuance of additional Letters of Credit under this Section 2.15(a).

More Definitions of Letter of Credit Advances

Letter of Credit Advances means all amounts owing to Issuing Lender under any Letter of Credit Agreement, including, without limitation, all drafts paid by Issuing Lender under any Letter of Credit and with respect to which and to the extent that Issuing Lender has not been reimbursed, and all amounts owing to Lenders who purchase their Pro Rata Share of Letter of Credit Advances in accordance with this Agreement.

Letter of Credit Advances means all sums which are from time to time paid by the Agent pursuant to Letters of Credit, or any of them, together with all other sums, fees, reimbursements or other obligations which are due to the Agent pursuant to the Letters of Credit, or any of them.

Letter of Credit Advances means all sums which may from time to time be paid by any and all of the Lenders pursuant to the Letters of Credit, or any of them, together with all other sums, fees, reimbursements or other obligations which may be due to any or all of the Lenders pursuant to the Letters of Credit, or any of them.

Letter of Credit Advances means all sums which are from time to time paid by the Agent pursuant to Letters of Credit, or any of them, together with all other sums, fees,

Letter of Credit Advances means a Borrowing by way of its issuance of a Letter of Credit pursuant to this Agreement.

Letter of Credit Advances means Loans by Lenders that are deemed to occur as a result of Enron's reimbursement of any Letter of Credit Provider for drawings made under the Letters of Credit.

Letter of Credit Advances definition

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