Supplemental Letters definition

Supplemental Letters means the letters supplemental to the Security Documents executed or (as the context may require) to be executed by the Security Parties who are not party to this Agreement in favour of the Agent in the form set out in Schedule 2.
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Supplemental Letters means, together, the First Supplemental Letter and the Second Supplemental Letter;”;
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Supplemental Letters means the notice dated October 9, 1998 delivered by the Executive to the Company under the 1997 Agreement, and the letter agreements dated, respectively, November 6 and December 18, 1998 between the Executive and the Company supplementing the 1997 Agreement.
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Examples of Supplemental Letters in a sentence

  • The parties have agreed to a reopener as more fully described in the Supplemental Letters of Agreement.

  • The parties have agreed to maintain a separate document that will include all Supplemental Letters of Agreement and understanding.

  • As used herein, “Letters of Credit” and “Letter of Credit” shall include the Letter of Credit and all Supplemental Letters of Credit (as hereinafter defined) and Replacement Letters of Credit (as hereinafter defined).

  • Supplemental Letters of Credit and Replacement Letters of Credit shall be issued by a financial institution acceptable to Beneficiary in the exercise of its reasonable discretion, provided, however, Beneficiary shall have no obligation to approve any financial institution which does not have net worth, as determined in accordance with generally accepted accounting principles consistently applied, (“Net Worth”) in excess of Two Hundred Fifty Million Dollars ($250,000,000.00) (“Issuer’s Minimum Net Worth”).

  • Supplemental Letters of Credit and Replacement Letters of Credit shall be issued by a financial institution acceptable to Beneficiary in the exercise of its reasonable discretion, provided, however, Beneficiary shall have no obligation to approve any financial institution which does not have net worth, as determined in accordance with generally accepted accounting principles consistently applied, (“Net Worth”) in excess of One Billion Dollars ($1,000,000,000.00) (“Issuer’s Minimum Net Worth”).

  • Replacement and Supplemental Letters of Credit may be issued by a substitute “Issuer” reasonably acceptable to Beneficiary; provided that Beneficiary shall have no obligation to approve any person that is not a financial institution with tangible net worth, as determined in accordance with generally accepted accounting principles consistently applied, in excess of Two Hundred Fifty Million Dollars ($250,000,000).

  • Each of the fees payable with respect to Letters of Credit under Section 3.4 of the Loan Agreement shall be payable with respect to the Supplemental Letters of Credit, PROVIDED THAT such fees shall be for the sole account of the Supplemental Lenders.

  • Replacement and Supplemental Letters of Credit may be issued by a substitute "Issuer" reasonably acceptable to Beneficiary; provided that Beneficiary shall have no obligation to approve any person that is not a financial institution with tangible net worth, as determined in accordance with generally accepted accounting principles consistently applied, in excess of Two Hundred Fifty Million Dollars ($250,000,000).

  • The definition of “Secured Supplemental Letters of Credit” appearing in Article IX of the Security Agreement is hereby amended by deleting the text “$10,000,000” appearing in said definition and inserting the text “$20,000,000” in lieu thereof.

  • Without limiting the generality of the foregoing (and except to the extent certain provisions of the 1997 Agreement are referenced hereunder), the terms hereof supersede in all respects: (i) the letter agreement dated February 23, 1996 between the parties hereto, (ii) the 1997 Agreement, and (iii) the Supplemental Letters, which are hereby terminated and shall have no further force or effect.


More Definitions of Supplemental Letters

Supplemental Letters means each of the letters dated 10 July 2008 and 4 August 2010, each executed by (inter alios) the Borrowers and the Agent and any other letters supplemental to this Agreement that may have been executed prior to the date of the Fifth Supplemental Agreement;
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