Additional L/C Issuers definition

Additional L/C Issuers means up to two Lenders, in addition to Citibank, which have been approved by the Administrative Agent (such approval not to be unreasonably withheld) and the Lead Borrower and that have agreed (each in its sole discretion) to act as an “L/C Issuer” hereunder.
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Additional L/C Issuers means Lenders, in addition to Citibank, which have been approved by the Administrative Agent (such approval not to be unreasonably withheld) and the Borrower and that have agreed (each in its sole discretion) in writing to act as an “L/C Issuer” hereunder.
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Examples of Additional L/C Issuers in a sentence

  • The Borrower may, at any time and from time to time, add one or more Additional L/C Issuers as an L/C Issuer without replacing a current L/C Issuer, in each instance, upon 5 Business Days prior written notice to the current L/C Issuer(s) and the Administrative Agent.

  • The Borrower and all Additional L/C Issuers shall comply with all terms and conditions relating to Letters of Credit set forth in this Agreement, including without limitation, Section 2.03(b)(i) above.

Related to Additional L/C Issuers

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • L/C Issuers means (a) Bank of America in its capacity as issuer of Letters of Credit hereunder, (b) any other Revolving Credit Lender approved by the Administrative Agent and the Borrower that agrees to perform the duties of an L/C Issuer hereunder, and (c) any successor issuer of Letters of Credit hereunder, in each case, for so long as such Person shall have a Letter of Credit Commitment.

  • Additional Secured Parties means any Additional Agents and any Additional Creditors.

  • Additional Senior Debt Facility means each indenture or other governing agreement with respect to any Additional Senior Debt.

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.