Letters of credit

Example Definitions of "Letters of credit"
Letters of credit. One or more irrevocable letters of credit issued by an issuing bank for the benefit of the Escrow Agent, which Letters of Credit shall provide that the face amount thereof may be drawn at any time (without further conditions) upon delivery by the Trustee and the Escrow Agent of certification that the Conditions Precedent Date has occurred
Found in Caesars Acquisition Co contract
Letters of credit. One Means one or more irrevocable letters of credit issued by an issuing bank for the benefit of the Escrow Agent, which Letters of Credit shall provide that the face amount thereof may be drawn at any time (without further conditions) upon delivery by the Trustee Administrative Agent and the Escrow Agent of certification that the Conditions Precedent Date has occurred occurred.
Found in Caesars Acquisition Co contract
Letters of credit. One Means one or more irrevocable letters of credit issued by an issuing bank for the benefit of the Escrow Agent, which Letters of Credit shall provide that the face amount thereof may be drawn at any time (without further conditions) upon delivery by the Trustee (acting in accordance with the Indenture) and the Escrow Agent (acting at the direction of the Trustee) of certification that the Conditions Precedent Date has occurred occurred.
Found in CAESARS ENTERTAINMENT Corp contract
View Variations (2)
Letters of credit. Standby and commercial letters of credit now or hereafter issued by a Letter of Credit Issuer from time to time at the request of, and for the account of, Borrower issued pursuant to this Agreement
Found in FINISH LINE INC contract
Letters of credit. Any Letter of Credit issued by the Bank on behalf of Borrower or any Related Party. Borrower acknowledges that during the term of this Loan, the aggregate amount outstanding for letters of credit shall not exceed $800,000.
Found in AROTECH CORP contract
Letters of credit. Shall have the meaning provided in Paragraph 4D(a) and shall be deemed to include the "Letters of Credit" issued by Lender pursuant to the Original Agreement (the "Existing Letters of Credit")
Found in Canterbury Park Holding Corp contract
Letters of credit. All Letters of Credit as that term is defined in the Article 5 of the UCC
Found in Celsius Holdings, Inc. contract
Letters of credit. The reference to "$100,000,000" in the last sentence of clause (a) of Section 2.19 of the Agreement is amended to read "$125,000,000".
Found in Lennox International Inc contract
Letters of credit. Shall mean all commercial and standby letters of credit which the Bank may in its discretion issue following the Borrower's application therefor, and the payment of all applicable fees in connection therewith.
Found in TechTarget Inc contract
Letters of credit. 2.02 Letters of Credit.
Found in POPE RESOURCES LTD PARTNERSHIP contract
Letters of credit. The following terms which are defined in Article 9 are used herein as so defined: Accessions, Accounts, Chattel Paper, Commercial Tort Claims, Deposit Accounts, Documents, Equipment, General Intangibles, Goods, Instruments, Inventory, Investment Property, Letters of Credit, Letter-of-Credit Rights, Payment Intangibles, Proceeds, Promissory Notes, Software and Supporting Obligations.
Found in REGO PAYMENT ARCHITECTURES, INC. contract
Letters of credit. The definitions ascribed thereto from time to time by the UCC.
Found in 1847 Holdings LLC contract
All Definitions