Foreign Currency Letter of Credit definition

Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.

Foreign Currency Letter of Credit means a Multicurrency Tranche Letter of Credit denominated in a Foreign Currency.

Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency. “Foreign Currency Sublimit” means $25,000,000.

Examples of Foreign Currency Letter of Credit in a sentence

• Notwithstanding the foregoing or any other provision of this Agreement, but subject to Article IX, a Lender with no Foreign Currency Commitment hereunder shall not be obligated to participate in any Foreign Currency Letter of Credit.

• The Borrower shall reimburse any LC Disbursement under a Foreign Currency Letter of Credit in the same currency as the LC Disbursement.

• A single instance of an application in Kubernetes can consist of either a single container or a small number of tightly coupled containers and share resources [20].

• If the Borrower fails to pay a Reimbursement Obligation on the date and at the time required, then if such payment relates to a Foreign Currency Letter of Credit, automatically and with no further action required, the Borrower’s Reimbursement Obligation shall be permanently converted into an obligation to reimburse the Dollar Equivalent, calculated using the applicable Spot Rate on the date when such payment was due, of such drawing under the Letter of Credit.

• If a Disbursement is made by the Issuer under any Foreign Currency Letter of Credit, the Dollar Equivalent of such Disbursement shall be determined by the Issuer on the Disbursement Date related thereto, and the Issuer shall notify the Administrative Agent and the applicable Borrower promptly of such Dollar Equivalent.

More Definitions of Foreign Currency Letter of Credit

Foreign Currency Letter of Credit shall have the meaning set forth in Section 2.3(j).

Foreign Currency Letter of Credit means any Letter of Credit denominated in a Foreign Currency.

Foreign Currency Letter of Credit means a Letter of Credit issued pursuant to Section 2.4(n) and denominated in a Permitted Foreign Currency.

Foreign Currency Letter of Credit means any Letter of Credit denominated in a currency other than Dollars.

Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency. “ Foreign Kors Person ” has the meaning assigned to such term in Section 9.09.

Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency. “Foreign Lender” means a Lender that is not a U.S. Person.

Foreign Currency Letter of Credit means a Letter of Credit issued pursuant to Section 2.4(n) and denominated in a Permitted Foreign Currency. “Foreign Lender” means a Lender that is not a U.S. Person.