Letter of Credit Schedule definition

Letter of Credit Schedule means a schedule to a Letter of Credit detailing the Banks’ L/C Stated Amount under that Letter of Credit as may be adjusted from time to time in accordance with Clause 5.6 (Adjusted Letter of Credit Schedule).
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Letter of Credit Schedule means Schedule 15 attached to this Master Agreement.
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Examples of Letter of Credit Schedule in a sentence

  • In lieu of (or in addition to) depositing cash for the Substitution Deposit, Borrower may post a Letter of Credit as additional Collateral issued by a financial institution reasonably acceptable to Lender in accordance with the Letter of Credit Schedule, with a face amount available to be drawn equal to the Substitution Deposit (less any amount deposited in cash) as additional Collateral.

  • January 20, 2018 Financial Letter of Credit Schedule 1.1F Issuing Lender Sublimits Lender Non-Financial Letters of Credit Applicable Percentages for Non-Financial Letters of Credit Bank of America, N.A. $ 40,000,000.00 40.000000000 % Deutsche Bank AG Deutschlandgeschäft Branch $ 40,000,000.00 40.000000000 % The Bank of Tokyo-Mitsubishi UFJ, Ltd.

  • Schedule 1.20 - Form of Letter of Credit Schedule 2.20 - List of Punchlist Items The foregoing BASIC LEASE INFORMATION is incorporated herein and made a part of the LEASE to which it is attached.

  • January 2, 2020 Financial Letter of Credit Schedule 1.1F Issuing Lender Sublimits Lender Non-Financial Letters of Credit Applicable Percentages for Non- Financial Letters of Credit Bank of America, N.A. $ 25,000,000.00 50.000000000 % Deutsche Bank AG Deutschlandgeschäft Branch $ 25,000,000.00 50.000000000 % Schedule 3.4 Disclosed Matters None.

  • Addendum; Exhibit A-"Site Plan with Demised Premises"; Exhibit A-1-"Site Plan with Outside Area"; Exhibit B-"Lease Commencement Verification Letter"; Exhibit C-" Form of Letter of Credit"; Schedule 1-"Work Letter Agreement".

  • Schedule 6.01(b) - Existing Indebtedness Lender Purpose Outstanding Balance HP Financial Services Software License Purchase $ 393,116 Microsoft Licensing Software License Purchase $ 954,948 University ofthe Incarnate Word (from Data Rose Ltd.) Inducement Loan from Datapoint Landlord $ 437,923 The Existing Letter of Credit Schedule 6.02(b) - Existing Liens None Schedule 6.04(b) - Existing Investments • 87,563 shares of Common Stock of Sonian, Inc.

  • INITIAL PAGE TO SCHEDULE 14 TO MASTER CREDIT FACILITY AGREEMENT Future Advance Schedule /s/ GTH Borrower Initials SCHEDULE 15 TO MASTER CREDIT FACILITY AGREEMENT Letter of Credit Schedule Any Letter of Credit required or permitted pursuant to this Master Agreement shall be subject to the terms of this Master Agreement and this Letter of Credit Schedule.

  • SCHEDULE 15 TO MASTER CREDIT FACILITY AGREEMENT Letter of Credit Schedule Any Letter of Credit required or permitted pursuant to this Master Agreement shall be subject to the terms of this Master Agreement and this Letter of Credit Schedule.

  • Each request by the Borrower for the re-designation of a Letter of Credit Schedule II under this Section 2.05(c) shall be deemed to be a representation by the Borrower that the re-designation of such Letter of Credit complies with the conditions set forth herein.

  • The Purchaser shall use commercially reasonable efforts to replace the outstanding letters of credit securing certain leases entered into by the Company or its Subsidiaries related to the Business, as listed on the attached Letter of Credit Schedule, on or prior to the Closing Date.

Related to Letter of Credit Schedule

  • Facility Letter of Credit means a Letter of Credit issued hereunder.

  • Letter of Credit Amount the stated maximum amount available to be drawn under a particular Letter of Credit, as such amount may be reduced or reinstated from time to time in accordance with the terms of such Letter of Credit.

  • Letter of Credit Limit means $5,000,000.

  • Letter of Credit Request shall have the meaning provided in Section 2.03(a).

  • U.S. Letter of Credit means any Letter of Credit issued under the U.S. Facility.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Unused Letter of Credit Subfacility means an amount equal to the Letter of Credit Subfacility minus the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit plus, without duplication, (b) the aggregate Unpaid Drawings obligations with respect to a Letters of Credit.

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Letter of Credit Commitment means, with respect to any Issuing Bank at any time, the amount set forth opposite such Issuing Bank’s name on Schedule I hereto under the caption “Letter of Credit Commitment” or, if such Issuing Bank has entered into one or more Assignment and Acceptances, set forth for such Issuing Bank in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Issuing Bank’s “Letter of Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Letter of Credit Subfacility means, at any time, an amount equal to the lesser of (a) the aggregate amount of the L/C Issuers’ Letter of Credit Sublimits at such time and (b) the Revolving Credit Facility at such time. The Letter of Credit Subfacility is part of, and not in addition to, the Revolving Credit Facility. On the Closing Date, the amount of the Letter of Credit Subfacility is $25,000,000.

  • Canadian Letter of Credit means each Letter of Credit issued hereunder for the account of the Canadian Borrower.

  • Extended Letter of Credit has the meaning given that term in Section 2.3.(b).

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • Trade Letter of Credit means any Letter of Credit that is issued under the Letter of Credit Facility for the benefit of a supplier of inventory to the Borrower or any of its Subsidiaries to effect payment for such Inventory.

  • Letter of Credit means any letter of credit issued pursuant to this Agreement.

  • Revolving Letter of Credit means a letter of credit issued by a Revolving Fronting Bank pursuant to Section 2.03(a) and shall also include each Existing Letter of Credit.

  • Dollar Letter of Credit means a Letter of Credit denominated in Dollars.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Agent maintained at the office of the Agent at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Tower Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Supporting Letter of Credit has the meaning specified in Section 1.3(g).

  • Letter of Credit Liability means, without duplication, at any time and in respect of any Letter of Credit, the sum of (a) the undrawn face amount of such Letter of Credit, plus (b) the aggregate unpaid principal amount of all Reimbursement Obligations of Borrower at such time due and payable in respect of all drawings made under such Letter of Credit.

  • Letter of Credit Guaranty means one or more guaranties by the Administrative Agent in favor of the L/C Issuer guaranteeing or relating to the obligations of the Borrower to the L/C Issuer under a reimbursement agreement, Letter of Credit Application or other like document in respect of any Letter of Credit.

  • Commercial Letter of Credit means any letter of credit or similar instrument issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by Company or any of its Subsidiaries in the ordinary course of business of Company or such Subsidiary.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Letter of Credit Payment means any amount paid or required to be paid by the Issuing Lender in its capacity hereunder as issuer of a Letter of Credit as a result of a draft or other demand for payment under any Letter of Credit.

  • Letter of Credit Disbursement means a payment made by Issuing Bank pursuant to a Letter of Credit.