Sunoco 2013 Annual Report Download - page 176

18
"Issuer Documents" means with respect to any Letter of Credit, the LC Application, and
any other document, agreement and instrument entered into by a LC Issuer and the Borrower (or
any Subsidiary) or in favor of such LC Issuer and relating to any such Letter of Credit.
"Joint Venture" means a Person incorporated or otherwise formed pursuant to the laws of
the United States or Canada or any state or province thereof or the District of Columbia, in which
one of more Loan Parties holds, directly or indirectly, an Equity Interest, and that is not a Subsidiary
or Unrestricted Subsidiary.
"Laws" means, collectively, all international, foreign, Federal, state and local statutes,
treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents
or authorities, including the interpretation or administration thereof by any Governmental Authority
charged with the enforcement, interpretation or administration thereof, and all applicable
administrative orders, directed duties, requests, licenses, authorizations and permits of, and
agreements with, any Governmental Authority, in each case whether or not having the force of law.
"LC Application" means an application and agreement for the issuance or amendment of a
Letter of Credit in the form from time to time in use by a LC Issuer.
"LC Conditions" has the meaning given to such term in Section 2.07(g).
"LC Credit Extension" means, with respect to any Letter of Credit, the issuance thereof or
extension of the expiry date thereof, or the increase of the amount thereof.
"LC Issuer" means each of Citibank, N.A., Barclays Bank PLC, PNC Bank, National
Association, The Bank of Tokyo-Mitsubishi UFJ, Ltd., TD Bank, N.A., and Wells Fargo Bank, N.A.
in its capacity as an issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit
hereunder, and one or more other Lenders selected by the Borrower who agree to act as an issuer
of Letters of Credit and are approved by Administrative Agent in its reasonable discretion. As used
herein, the terms "LC Issuer" and "the LC Issuer" shall mean "each LC Issuer" or "the applicable
LC Issuer," as the context may require.
"LC Issuer Commitment" means (a) with respect to each LC Issuer as of the Closing Date,
$50,000,000, or such other amount as shall be agreed after the Closing Date in writing by such LC
Issuer and the Borrower (with prompt notice to the Administrative Agent), and (b) with respect to
any Lender which agrees to be a LC Issuer after the Closing Date, the aggregate face amount of
Letters of Credit that such LC Issuer has agreed in writing to issue pursuant to a written agreement
between such LC Issuer and the Borrower (with prompt notice thereof to the Administrative Agent).
"LC Obligations" means, as at any date of determination, the aggregate amount available
to be drawn under all outstanding Letters of Credit plus the aggregate of all Matured LC Obligations.
For purposes of computing the amount available to be drawn under any Letter of Credit, the amount
of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of
this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any