L/C Sublimit has the meaning ascribed to it in Annex B.
L/C Sublimit has the meaning provided in Section 2.01(b).
L/C Sublimit means an amount equal to $10,000,000. The L/C Sublimit is a part of, and not in addition to, the Revolving Committed Amount.
Examples of L/C Sublimit in a sentence
A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrowers shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (i) the aggregate LC Exposure shall not exceed the LC Sublimit and (ii) the Facility B LC Exposure shall not exceed $25,000,000.
More Definitions of L/C Sublimit
L/C Sublimit means the lesser of (x) U.S.$100,000,000 and (y) the aggregate Revolving Credit Commitments, as may be reduced pursuant to the terms hereof. The L/C Sublimit is part of, and not in addition to, the Revolving Credit Commitments.
L/C Sublimit means $10,000,000, as reduced pursuant to the terms hereof.
L/C Sublimit means $5,000,000, as reduced pursuant to the terms hereof.
L/C Sublimit means $20,000,000, as reduced pursuant to the terms hereof.
L/C Sublimit means $50,000,000.
L/C Sublimit means the lesser of (a) $20,000,000 and (b) the Revolving Credit Commitment.
L/C Sublimit means up to $30,000,000 in aggregate amount of Letters of Credit that may be issued under the Revolving Credit Facility.