Principal L/C Issuer definition

Principal L/C Issuer means any L/C Issuer that has issued Letters of Credit having an aggregate Outstanding Amount in excess of $10,000,000.
Principal L/C Issuer means each of Citibank and Deutsche Bank AG New York Branch.
Principal L/C Issuer means DBNY and any L/C Issuer that has issued Letters of Credit having an aggregate Outstanding Amount in excess of $500,000.

Examples of Principal L/C Issuer in a sentence

  • Any resignation by National City Bank as Multicurrency Administrative Agent pursuant to this Section shall also constitute its resignation as Canadian Administrative Agent, Principal L/C Issuer and Swing Line Lender.


More Definitions of Principal L/C Issuer

Principal L/C Issuer means Bank of America, any other L/C Issuer that has issued Letters of Credit having an aggregate Outstanding Amount in excess of $4,000,000.
Principal L/C Issuer means JPMorgan Chase Bank, N.A. and any L/C Issuer that has issued Letters of Credit having an aggregate Outstanding Amount in excess of $500,000.
Principal L/C Issuer means JPMorgan and any other L/C Issuer that has issued Letters of Credit having an aggregate Outstanding Amount in excess of $10,000,000.
Principal L/C Issuer means each of Citibank and Deutsche Bank Trust Company Americas.
Principal L/C Issuer means JPMorgan Chase Bank, N.A. and any L/C Issuer that has issued Letters of Credit having an aggregate
Principal L/C Issuer means Goldman Sachs Bank USA and any L/C Issuer that has issued Letters of Credit having an aggregate
Principal L/C Issuer means Wells Fargo and any L/C Issuer that has issued Letters of Credit having an aggregate Outstanding Amount in excess of $500,000.