Existing Letters of Credit definition

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).

Existing Letters of Credit means the letters of credit set forth on Schedule 1.1(c).

Existing Letters of Credit means the letters of credit outstanding on the Closing Date and identified on Schedule 2.03.

Examples of Existing Letters of Credit in a sentence

• All Existing Letters of Credit shall be deemed to have been issued pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof.

• All Existing Letters of Credit shall be deemed to have been issued pursuant to this Agreement and deemed L/C Obligations, and from and after the Closing Date shall be subject to and governed by the terms and conditions of this Agreement.

• The Existing Letters of Credit shall be deemed to be Letters of Credit issued hereunder on the Effective Date.

• The Existing Letters of Credit shall be deemed to have been issued hereunder as of the Closing Date, automatically and without further action.

• For the avoidance of doubt and notwithstanding anything to the contrary in the Loan Documents, the Existing Letters of Credit shall not be amended, extended, reinstated, renewed or otherwise modified without the prior written approval of Bank of Montreal in its sole and absolute discretion.

More Definitions of Existing Letters of Credit

Existing Letters of Credit means those letters of credit listed on Schedule 1.01.

Existing Letters of Credit means the letters of credit issued for the account of the Borrower under the Existing Credit Agreement prior to the Effective Date and set forth on Schedule 2.05.

Existing Letters of Credit means the letters of credit issued and outstanding under the Existing Credit Agreement as of the Amendment Effective Date and set forth in the Existing Letters of Credit Schedule hereto.

Existing Letters of Credit is defined in Section 2.06(a).

Existing Letters of Credit means those letters of credit existing on the Closing Date and identified on Schedule 1.1(a).

Existing Letters of Credit means the letters of credit described by date of issuance, letter of credit number, undrawn amount, name of beneficiary and date of expiry on Schedule 1.01(a).

Existing Letters of Credit means the letters of credit set forth on Schedule 1.1B that have been issued prior to, and are outstanding on, the Restatement Effective Date.