Tranche A Letters of Credit definition

Tranche A Letters of Credit letters of credit issued by the Issuing Lender pursuant to this Agreement, to the extent such Letters of Credit are deemed, pursuant to the provisions of this Agreement, to be a use of the Tranche A Commitment, including the letters of credit referred to in Schedule 3.10.
Tranche A Letters of Credit means, at any time, Letters of Credit in an amount equal to the lesser of (i) the Total Tranche A Credit-Linked Deposit and (ii) the aggregate amount of outstanding Letters of Credit at such time. Letters of Credit will from time to time be deemed to be Tranche A Letters of Credit or Revolving Letters of Credit in accordance with the provisions of Section 2.05(a).
Tranche A Letters of Credit as defined in Section 3.1(a).

Examples of Tranche A Letters of Credit in a sentence

  • Each of the Existing Letters of Credit outstanding under the Existing Credit Agreement on the Closing Date immediately prior to the effectiveness of this Agreement shall be deemed to be issued by the Issuing Bank thereof as Tranche A Letters of Credit under this Agreement on the Closing Date.

  • The undersigned Lenders hereby ratify, confirm and approve all actions taken by Administrative Agent and Issuing Lenders to extend or permit the extension of the Tranche A Letters of Credit and Tranche B Letters of Credit described on Annex D attached hereto to the dates set forth on such Annex.

  • The number of recommendations issued by the National Human Rights Commission and state human rights commissions concerning cases of torture and ill- treatment is also substantially lower than the number of complaints they received.

  • The Tranche A Letters of Credit and the Tranche B Letters of Credit.

  • Notwithstanding any provision in this Agreement to the contrary, the sole funding obligation of each Tranche A Lender in respect of its participation in Tranche A Letters of Credit shall be satisfied in full upon the funding of its Tranche A Credit-Linked Deposit on the Restatement Effective Date.


More Definitions of Tranche A Letters of Credit

Tranche A Letters of Credit has the meaning given to such term in Section 2.1(a).
Tranche A Letters of Credit means any letters of credit issued by the Tranche A Issuing Bank pursuant to Section 2.6(a)(2), either as originally executed or as the same may from time to time be supplemented, modified, amended, renewed, extended or supplanted.
Tranche A Letters of Credit shall have the meaning set forth in Section 2.03(a).
Tranche A Letters of Credit means the Letters of Credit issued pursuant to Section 2.05(a).
Tranche A Letters of Credit means, at any time, the Letters of Credit issued hereunder which are not Tranche B Letters of Credit.
Tranche A Letters of Credit means any and all standby letters of credit issued pursuant to Section 2.21(a).