Applications and Agreements for Letters of Credit definition

Applications and Agreements for Letters of Credit means, collectively, the Applications and Agreements for Letters of Credit executed by the Borrower from time to time and delivered to NationsBank to support the issuance of Letters of Credit;
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Applications and Agreements for Letters of Credit means, collectively, the Applications and Agreements for Letters of Credit, or similar documentation, executed by the Borrower from time to time and delivered to the Issuing Bank to support the issuance of Letters of Credit.
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Applications and Agreements for Letters of Credit means, collectively, the Applications and Agreements for Letters of Credit, or similar documentation, executed by the
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Examples of Applications and Agreements for Letters of Credit in a sentence

  • Each Borrower agrees that the Security Agreement to which it is a party shall continue to secure all indebtedness of the Borrower to the Banks evidenced by the Revolving Credit Notes, the Swing Line Note, the Applications and Agreements for Letters of Credit and the Loan Agreement, all as they may be amended by this Amendment.

  • The New Borrower hereby acknowledges receipt of copies of the Loan Agreement, the Revolving Credit Notes, the Swing Line Note and the Applications and Agreements for Letters of Credit.

  • Each Borrower agrees that the Security Agreement to which it is a party shall continue to secure all indebtedness of the Borrower to the Banks evidenced by the Revolving Credit Notes, the Swing Line Note, the Applications and Agreements for Letters of Credit and the Loan Agreement, all as they may be amended by this Third Amendment.

  • To secure its obligations to the Banks under the Loan Agreement, the Revolving Credit Notes, the Swing Line Note and the Applications and Agreements for Letters of Credit, Res-Care has delivered to the Administrative Bank the share certificates evidencing the Pledged Shares that are described in Exhibit 1 hereto.

  • The New Borrower hereby assumes all Obligations and liabilities of the Borrowers to the Banks under the Loan Agreement, the Revolving Credit 216 Notes, the Swing Line Note and the Applications and Agreements for Letters of credit, as fully as if the New Borrower had executed each of the Loan Agreement, the Revolving Credit Notes, the Swing Line Note and the Applications and Agreements for Letters of Credit on June _, 1998, and on each date of subsequent amendment thereof.

  • To secure its obligations to the Banks under the Loan Agreement, the Revolving Credit Notes, the Swing Line Note and the Applications and Agreements for Letters of Credit, the New Borrower has executed and delivered to the Administrative Bank a Security Agreement, in the form attached to the Loan Agreement as EXHIBIT K, and UCC-1 financing statements, in the form attached to the Loan Agreement as EXHIBIT L.

  • By the execution and delivery of this Agreement, the New Borrower is hereby made a party to each of the Loan Agreement, the Revolving Credit Notes, the Swing Line Note and the Applications and Agreements for Letters of Credit, as amended.

  • To the extent that there shall be any conflict between the terms of this Agreement and the Applications and Agreements for Letters of Credit this Agreement shall control.

  • The Loan Agreement, the Revolving Credit Notes, the Swing Line Note and the Applications and Agreements for Letters of Credit shall each be deemed to be amended by this Agreement and to incorporate this Agreement by reference.

  • Each Borrower agrees that the Security Agreement to which it is a party shall continue to secure all indebtedness of the Borrower to the Banks evidenced by the Revolving Credit Notes, the Swing Line Note, the Applications and Agreements for Letters of Credit and the Loan Agreement, all as they may be amended by this Second Amendment.

Related to Applications and Agreements for Letters of Credit

  • Trade Letters of Credit shall have the meaning assigned to such term in Section 2.05(a).

  • Commercial Letters of Credit means those letters of credit subject to the UCP payable in Dollars and issued or caused to be issued by Lender on behalf of Borrower under a Loan Facility for the benefit of a supplier(s) of Borrower in connection with Borrower's purchase of goods or services from the supplier in support of the export of the Items.

  • Letter of Credit Agreements means all letter of credit applications and other agreements (including any amendments, modifications or supplements thereto) submitted by the Borrower, or entered into by the Borrower, with the Issuing Bank relating to any Letter of Credit.

  • Existing Letters of Credit means each of the letters of credit issued under the Existing Credit Agreement outstanding on the Closing Date that are described on Schedule 1.01(b).

  • Credit Agreements means any promissory note, mortgage, loan agreement, indenture or similar instrument or agreement to which the Company or any of its Subsidiaries is or becomes a borrower, as such instruments or agreements may be amended, restated, supplemented or otherwise modified from time to time and including any one or more refinancing or replacements thereof, in whole or in part, with any other debt facility or debt obligation, for as long as the payee or creditor to whom the Company or any of its Subsidiaries owes such obligation is not an Affiliate of the Company.

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Letters of Credit as defined in Section 3.1(a).

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Facility Agreements means the agreements of that name between the Issuer and different

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

  • Servicer Letter of Credit means a letter of credit, surety bond or insurance policy issued by a depository institution, insurance company or financial institution having a short-term credit rating at least equal to the Required Deposit Rating and providing that the Indenture Trustee may draw thereupon in the event the Servicer fails to deposit SUBI Collections into the 20[__]-[__] SUBI Collection Account on a monthly basis.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Outstanding Letters of Credit shall have the meaning given such term in Section 2.02(j).

  • Local Facility Agreements means any agreement under which a Local Facility is made available.

  • Credit Agreement Documents means the collective reference to any Credit Agreement, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Substitute Letter of Credit has the meaning set forth in Section 10.5(c).

  • Trade Letter of Credit shall have the meaning provided in Section 2.01(a).

  • Existing Credit Agreements has the meaning set forth in the recitals hereto.

  • Guaranty Agreements means, collectively, the Parent Guaranty Agreements and the Subsidiary Guaranty Agreements.

  • Letter of Credit Accommodations means the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Lender for the account of Borrower or any Obligor or (b) with respect to which Lender has agreed to indemnify the issuer or guaranteed to the issuer the performance by Borrower of its obligations to such issuer.

  • Funding Agreements means all or any of the agreements or instruments to be entered into by a Project Service Provider or any of their Associates relating to the financing of its business of providing services pursuant to the terms of any Project Agreements, excluding always the Project Agreements themselves;

  • Letter of Credit Documents means, with respect to any Letter of Credit, collectively, any application therefor and any other agreements, instruments, guarantees or other documents (whether general in application or applicable only to such Letter of Credit) governing or providing for (a) the rights and obligations of the parties concerned or at risk with respect to such Letter of Credit or (b) any collateral security for any of such obligations, each as the same may be modified and supplemented and in effect from time to time.

  • Facility Letter of Credit means a Letter of Credit issued by the Issuer pursuant to Section 2.2.

  • LC Documents means the Letters of Credit and all applications, agreements and instruments relating to the Letters of Credit.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.