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WEN » Topics » Letter of Credit Obligations

This excerpt taken from the WEN 8-K filed Mar 12, 2009.
Letter of Credit Obligations” means, at any time, the aggregate of all liabilities at such time of Revolving Borrowers to all Issuers with respect to Letters of Credit, whether or not any such liability is contingent, including, without duplication, the sum of (a) the Reimbursement Obligations at such time and (b) the Letter of Credit Undrawn Amounts at such time.

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