L/C Issuer. The L/C Issuers shall act on behalf of the Revolving Lenders with respect to any Letters of Credit issued by them and the documents associated therewith. The L/C Issuers shall have all of the benefits and immunities (i) provided to the Administrative Agent in this Article 9 with respect to any acts taken or omissions suffered by the L/C Issuers in connection with Letters of Credit issued by them or proposed to be issued by them and the Applications pertaining to such Letters of Credit as fully as if the term “Administrative Agent,” as used in this Article 9, included the L/C Issuers with respect to such acts or omissions (it being understood and agreed that for purposes of this Section 9.8, all references to “Lenders” in this Article 9 shall be deemed to be references to “Revolving Lenders”) and (ii) as additionally provided in this Agreement with respect to such L/C Issuer.
Appears in 8 contracts
Sources: Loan Agreement (Western Digital Corp), Loan Agreement (Western Digital Corp), Loan Agreement (Western Digital Corp)
L/C Issuer. The L/C Issuers Issuer shall act on behalf of the Revolving Lenders with respect to any Letters of Credit issued by them it and the documents associated therewith. The L/C Issuers Issuer shall have all of the benefits and immunities (i) provided to the Administrative Agent in this Article ARTICLE 9 with respect to any acts taken or omissions suffered by the L/C Issuers Issuer in connection with Letters of Credit issued by them it or proposed to be issued by them it and the Applications pertaining to such Letters of Credit as fully as if the term “Administrative Agent,” ”, as used in this Article ARTICLE 9, included the L/C Issuers Issuer with respect to such acts or omissions (it being understood and agreed that for purposes of this Section 9.8, all references to “Lenders” in this Article ARTICLE 9 shall be deemed to be references to “Revolving Lenders”) and (ii) as additionally provided in this Agreement with respect to such L/C Issuer.
Appears in 8 contracts
Sources: Amendment No. 5 (Worldpay, Inc.), Amendment No. 4 (Vantiv, Inc.), Amendment and Restatement Agreement (Vantiv, Inc.)