Letter of Credit Commitment Amount definition

Letter of Credit Commitment Amount means, on any date, a maximum amount of $25,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.
Letter of Credit Commitment Amount means, on any date, a maximum amount equal to the lesser of (i) Seventy-Five Million Dollars ($75,000,000.00), as such amount may be permanently reduced from time to time pursuant to Section 2.2, and (ii) the Revolving Loan Commitment Amount on such date.
Letter of Credit Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

Examples of Letter of Credit Commitment Amount in a sentence

  • In addition to Advances made under the Line of Credit, the Borrower may request and CFC shall issue, from time to time, up to, but not including, the Maturity Date, Letters of Credit to such beneficiary or beneficiaries as may be requested by Borrower from time to time under the terms and conditions of this Agreement, provided, that the aggregate amount of all Letters of Credit outstanding shall not exceed the Letter of Credit Commitment Amount.

  • The amount of any Draw reimbursed pursuant to Section3.06.H shall be available, under the terms of this Agreement and within the limits of the Letter of Credit Commitment Amount, for issuance of additional Letters of Credit.


More Definitions of Letter of Credit Commitment Amount

Letter of Credit Commitment Amount means a maximum amount of $5,000,000 as such amount may be permanently reduced from time to time pursuant to Section 2.2.
Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be permanently reduced from time to time pursuant to Section 2.2.
Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.
Letter of Credit Commitment Amount has the meaning given to that term in Section 2.4(a).
Letter of Credit Commitment Amount means, as the context may require, the U.S. Letter of Credit Commitment Amount and/or the Canadian Letter of Credit Commitment Amount.
Letter of Credit Commitment Amount means, on any date, a maximum amount of $4,000,000, as such amount may be reduced from time to time pursuant to SECTION 2.2.
Letter of Credit Commitment Amount. $250,000,000.