Supercuts 2008 Annual Report Download - page 192

" Investments " has the meaning specified in Section 8.04 .
" IRS " means the Internal Revenue Service, and any Governmental Authority succeeding to any of its principal functions under the Code.
" Issuance Date " has the meaning specified in subsection 3.01(a) .
" Issue
" means, with respect to any Letter of Credit, to issue or to extend the expiry of, or to renew or increase the amount of, such Letter of
Credit; and the terms " Issued ," " Issuing " and " Issuance " have corresponding meanings.
" Issuer " means (a) LaSalle, with respect to the Existing Letters of Credit and (b) JPMorgan, in its capacity as issuer of each other Letter of
Credit, together with any replacement letter of credit issuer arising under subsection 10.01(b) .
" Joint Venture " means the Empire Joint Venture and any other single-purpose corporation, partnership, limited liability company, joint
venture or other similar legal arrangement (whether created by contract or conducted through a separate legal entity) now or hereafter formed by
the Company or any of its Subsidiaries with another Person in order to conduct a common venture or enterprise with such Person.
" JPMorgan "—see the preamble.
" JPMSI " means J.P. Morgan Securities Inc.
" Judgment Currency " has the meaning specified in Section 11.18 .
" LaSalle " means LaSalle Bank National Association.
" L/C Advance " means each Lender's participation in any L/C Borrowing in accordance with its Pro Rata Share.
" L/C Amendment Application " means an application form for amendment of outstanding letters of credit as shall at any time be in use by
the applicable Issuer, as such Issuer shall request.
" L/C Application " means an application form for issuances of letters of credit as shall at any time be in use by the applicable Issuer, as
such Issuer shall request.
" L/C Borrowing " means an extension of credit resulting from a drawing under any Letter of Credit which shall not have been reimbursed
on the date when made or converted into a Borrowing of Loans pursuant to subsection 3.03(d) .
" L/C Commitment " means the commitment of the Issuers to Issue and/or maintain, and the commitment of the Lenders severally to
participate in, Letters of Credit from time to time Issued or outstanding under Article III , in an aggregate amount not to exceed $150,000,000 on
any date; provided that the L/C Commitment is a part of the Aggregate Commitment, rather than a separate, independent commitment.
" L/C Obligations " means at any time the sum of (a) the aggregate undrawn amount of all Letters of Credit then outstanding, plus (b) the
amount of all unreimbursed drawings under all Letters of Credit, including all outstanding L/C Borrowings.
" L/C-Related Documents " means the Letters of Credit, the L/C Applications, the L/C Amendment Applications and any other document
relating to any Letter of Credit, including any standard form documents used by the applicable Issuer for letter of credit issuances.
" Lead Agents " means, collectively, the Administrative Agent, the Syndication Agent and the Arrangers, and " Lead Agent " means any of
them.
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