Trade Letters of Credit means trade letters of credit issued in support of trade obligations of Borrowers or the Subsidiaries incurred in the ordinary course of business.
Trade LettersLetter of Credit means trade lettersany Letter of creditCredit payable at sight that is issued in supportfor the benefit of trade obligationsa supplier to the Company or any of Borrowers orits Subsidiaries to effect payment to the Subsidiaries incurred in the ordinary course of business.supplier.
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