L/C Participants definition

L/C Participants means, with respect to any Letter of Credit, the collective reference to all the Revolving Credit Lenders other than the applicable Issuing Lender.

L/C Participants means the collective reference to all the Lenders other than the applicable Issuing Lender.

L/C Participants means the collective reference to all the Revolving Lenders other than the Issuing Bank.

Examples of L/C Participants in a sentence

• Each payment to the Administrative Agent of the Issuing Lender’s fees or L/C Participants’ commissions shall be made in like manner, but for the account of the Issuing Lender or the L/C Participants, as the case may be.

• Each payment to the Administrative Agent of any Issuing Lender’s fees or L/C Participants’ commissions shall be made in like manner, but for the account of such Issuing Lender or the L/C Participants, as the case may be.

• Each payment to the Administrative Agent of the Issuing Lender's fees or L/C Participants' commissions shall be made in like manner, but for the account of the Issuing Lender or the L/C Participants, as the case may be.

• The Administrative Agent shall, promptly following its receipt thereof, distribute to the Issuing Lender and the L/C Participants all commissions received pursuant to this Section in accordance with their respective Revolving Credit Commitment Percentages.

• The Administrative Agent shall, promptly following its receipt thereof, distribute to the Issuing Lender and the L/C Participants all commissions received pursuant to this Section 3.3 in accordance with their respective Revolving Credit Commitment Percentages.

More Definitions of L/C Participants

L/C Participants means the collective reference to all the Revolving Credit Lenders other than the Issuing Lender.

L/C Participants the collective reference to all Revolving Lenders (including the Issuing Lender), as participants in each Letter of Credit.

L/C Participants means, with respect to any Letter of Credit issued by an Issuing Lender, the collective reference to all of the L/C Tranche Lenders (other than the Issuing Lender with respect to such Letter of Credit).

L/C Participants means the collective reference to all the Revolving Credit Lenders.

L/C Participants means the collective reference to all the Lenders.

L/C Participants means (a) in the case of Fronted Letters of Credit, the collective reference to all the Revolving Credit Lenders other than the Issuing Lender and (b) in the case of Several Letters of Credit, the collective reference to all the Participating Lenders.

L/C Participants means the collective reference to all Lenders participating in the issuance of Letters of Credit.