Tranche B Letters of Credit definition

Tranche B 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 B Commitment, including the letters of credit referred to in Schedule 3.10.

Tranche B Letters of Credit has the meaning given to such term in Section 2.1(b).

Tranche B Letters of Credit means any and all standby letters of credit issued pursuant to Section 2.21(b).

Examples of Tranche B Letters of Credit in a sentence

• The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Tranche B Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Tranche B Letters of Credit.

• WSB should seek assurance from the relevant statutory partners that they are satisfied that agencies are applying robust systems and processes to maintain up to date information about a service user’s GP, and contact numbers / email addresses for family members or informal carers to be contacted when circumstances require this.

• 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.

• On May 23, 2003, the Debtors and the DIP Lenders entered into the seventh amendment to the DIP Financing Facility that provided for, among other things, approval for the restructuring of the obligations relating to the Hennepin WTE project and to permit amendments to the corresponding Tranche A and Tranche B Letters of Credit.

• In essence, under this approach, the former spouse is treated like a mini-participant under the plan.

More Definitions of Tranche B Letters of Credit

Tranche B Letters of Credit means any letters of credit issued by either Tranche B Issuing Bank pursuant to Section 2.6(a)(1), either as originally executed or as the same may from time to time be supplemented, modified, amended, renewed, extended or supplanted.

Tranche B Letters of Credit means the irrevocable standby letters of credit issued to a Beneficiary under this Agreement having an expiry date 364 days from the date of issue in the aggregate issued amount at any one time when aggregated with any other outstanding Tranche B Letters of Credit under this Agreement not to exceed a face amount of $25,000,000.00 (United States Dollars).

Tranche B Letters of Credit as defined in Section 3.1(b).

Tranche B Letters of Credit means any Standby Letter of Credit issued in accordance with Section 2.03(j) of this Agreement.

Tranche B Letters of Credit means, at any time, all Letters of Credit as to which the Letter of Credit Outstandings do not exceed $200,000,000 in the aggregate, subject to adjustment in accordance with Section 2.10 and Section 2.13(b).

Tranche B Letters of Credit means Commercial Letters of Credit and Standby Letters of Credit issued or to be issued by Issuing Lenders for the account of a Borrower with respect to Tranche B Revolving Loan Commitments pursuant to subsection 3.1 and the Existing Letters of Credit.

Tranche B Letters of Credit means any Financial Letters of Credit or Performance Letters of Credit Issued by the Issuing Lender pursuant to SECTION 5.1(B).