Common use of Commitment Limitations Clause in Contracts

Commitment Limitations. The Dollar amount or Dollar Equivalent (as applicable) of the aggregate principal amount of all Loans outstanding plus the aggregate Dollar amount or Dollar Equivalent (as applicable) available for drawing under all Letters of Credit outstanding at such time plus the aggregate Dollar amount or Dollar Equivalent (as applicable) of all Reimbursement Obligations outstanding at such time shall not exceed the Total Commitment at such time.

Appears in 3 contracts

Sources: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)