Letter of Credit Borrowing shall have the meaning set forth in Section 2.12(d).
Letter of Credit Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Borrowing.
Letter of Credit Borrowing means any Credit Extension resulting from a drawing under any Letter of Credit that has not been reimbursed or refinanced as a Borrowing of Revolving Loans.
Examples of Letter of Credit Borrowing in a sentence
If Agent is not the Issuer of any Letter of Credit, Borrowing Agent shall authorize and direct Issuer to deliver to Agent all instruments, documents, and other writings and property received by Issuer pursuant to the Letter of Credit and to accept and rely upon Agent’s instructions and agreements with respect to all matters arising in connection with the Letter of Credit, the application therefor or any acceptance therefor.
More Definitions of Letter of Credit Borrowing
Letter of Credit Borrowing has the meaning specified in Section 2.7.3.3 [Disbursements, Reimbursement].
Letter of Credit Borrowing means as is specified in Section 2.8(c)(iii).
Letter of Credit Borrowing means an extension of credit resulting from a drawing under any Letter of Credit that has not been reimbursed on the date when made or refinanced as a Borrowing.
Letter of Credit Borrowing has the meaning specified therefor in Section 3.04(d).
Letter of Credit Borrowing is an Advance comprised of a single Letter of Credit.
Letter of Credit Borrowing shall have the meaning set forth in Section 2.11(d).
Letter of Credit Borrowing as defined in Section 2.4(g)(iv).