LC Participant definition

LC Participant has the meaning provided in Section 2.05(g)(i).
LC Participant has the meaning assigned to that term in Section 2.10(e).
LC Participant means each Person listed as such (and its respective Commitment) for each Purchaser Group as set forth on the signature pages of this Agreement or in any Assumption Agreement or Transfer Supplement.

Examples of LC Participant in a sentence

  • Each Borrower hereby grants to the Administrative Agent, for the benefit of each Issuing Lender issuing a Letter of Credit for such Borrower’s account and each L/C Participant in such Letter of Credit, a security interest in all such cash, deposit accounts and all balances therein provided by such Borrower and all proceeds of the foregoing.

  • The terms of this Amendment shall be binding upon, and shall inure to the benefit of, Seller, Servicer, Purchaser Agents, Related Committed Purchasers, Conduit Purchaser, LC Bank, LC Participant, and Administrator and their respective successors and permitted assigns.


More Definitions of LC Participant

LC Participant means each Person listed as such for each Group as set forth on the signature pages of this Agreement or in any Assumption Agreement or Transfer Supplement.
LC Participant means each Lender.
LC Participant means each financial institution that is a party to this Agreement as an LC Participant or that becomes a party to this Agreement as an LC Participant pursuant to an Assumption Agreement or otherwise.
LC Participant has the meaning set forth in the preamble to the Agreement.
LC Participant means PNC and each other Person that becomes a party to this Agreement in the capacity of an “LC Participant”.
LC Participant means each Financial Institution and its permitted successors and assigns in such capacity.
LC Participant and “Purchasers” shall include the Agent in its individual capacity.