Maximum Drawing Amount. The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit.
Maximum Drawing Amount. The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit. Multiemployer Plan. Any multiemployer plan within the meaning of Section 3(37) of ERISA maintained or contributed to by the Borrower or any ERISA Affiliate.
Maximum Drawing Amount. The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit. MAYOR'S. See preamble. MAYOR'S FLA. See preamble. XXXXX'X. Xxxxx'x Investors Services, Inc. MORTGAGED PROPERTY. The Headquarters Facility and any Real Estate which is subject to any Mortgage.
Maximum Drawing Amount. The maximum aggregate amount from time to time that the beneficiaries may draw under outstanding Letters of Credit. Maximum Rate. With respect to each Lender, the maximum lawful nonusurious rate of interest (if any) which under Applicable Law such Lender may charge the Borrowers on the Loans and other Obligations from time to time. Multiemployer Plan. Any multiemployer plan within the meaning of 3(37) of ERISA maintained or contributed to by the Borrowers or any ERISA Affiliate.
Maximum Drawing Amount. The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Letters of Credit, as such maximum aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.
Maximum Drawing Amount. At any time, the maximum aggregate amount from time to time that the beneficiaries may draw under outstanding Letters of Credit (using, in the case of Canadian Dollar Letters of Credit, the U.S. Dollar Equivalent of the aggregate undrawn face amount thereof on the relevant date) (plus, for purposes of computing amounts outstanding including under §§2.1(a), 2.2, 2.3.1(a), 2.6(a), 3.2(b), 4.1, 5.2 and 12.1, but without duplication, unpaid Reimbursement Obligations, if any). Unless otherwise specified herein, the outstanding amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of Credit that, by its terms or the terms of any document or agreement related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. Moody’s. Xxxxx’x Investors Service, Inc. Multiemployer Plan. Any multiemployer plan within the meaning of §3(37) of ERISA maintained or contributed to by the Borrower, any of its Subsidiaries, or any ERISA Affiliate (or pursuant to which any such Person accrued an obligation to make contributions at any time during the preceding five plan years).
Maximum Drawing Amount. The maximum aggregate amount from time to time that the beneficiaries may draw under outstanding Letters of Credit. Maximum Rate. With respect to each Bank, the maximum lawful nonusurious rate of interest (if any) which under Applicable Law such Bank may charge the Borrowers on the Loans and other Obligations from time to time.
Maximum Drawing Amount. The maximum aggregate amount that the ---------------------- beneficiaries may at any time draw under outstanding Letters of Credit or Foreign Letters of Credit, as the case may be, as such aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit or Foreign Letter of Credit, as the case may be. Maximum Unused Revolving Commitment. With respect to any Lender at any ------- ------ --------- ---------- time, (a) such Lender's Revolving Commitment at such time minus (b) the sum of ----- (i) the aggregate principal amount of all Revolving Credit Loans and Swing Line Loans made (in each case) by such Lender and which are outstanding at such time and Unpaid Reimbursement Obligations owing to such Lender, plus (ii) without duplication, such Lender's Revolving Credit Commitment Percentage of the Maximum Drawing Amount of all Letters of Credit issued and outstanding at such time. Maximum Unused Revolving Multicurrency Commitment. With respect to any ------------------------------------------------- Lender at any time, (a) such Lender's Revolving Multicurrency Commitment at such time minus (b) the sum of (i) such Lender's Revolving Multicurrency Commitment ----- Percentage of all Revolving Multicurrency Loans which are outstanding at such time, (ii) the aggregate principal amount of all Multicurrency Swing Line Loans made by such Lender and which are outstanding at such time and Foreign Unpaid Reimbursement Obligations owing to such Lender, plus (iii) without duplication, such Lender's Revolving Multicurrency Commitment Percentage of the Maximum Drawing Amount of all Foreign Letters of Credit issued and outstanding at such time. XxXxxxx. XxXxxxx Corporation, a Delaware corporation. ------- XxXxxxxx. XxXxxxxx II, LLC, a Delaware limited liability company. -------- Moody's. Xxxxx'x Investors Service, Inc. ------- Multicurrency Commitment Fee. See (S)4.3 hereof. ---------------------------- Multicurrency Lender. Any Lender which, at the time of making any -------------------- applicable Multicurrency Loan or Multicurrency Swing Line Loan, or, for purposes of (S)6.11.3 hereof, at the relevant date of determination, (a) has a Multicurrency Lending Office, (b) would not, by virtue of making any Multicurrency Loan or Multicurrency Swing Line Loan to Samsonite Europe, subject Samsonite Europe to any withholding tax as a result of the making of such Multicurrency Loan or Multicurrency Swing Line Loan (including the payment of principal ...
Maximum Drawing Amount. On the date as of which the maximum drawing amount is to be determined, the Dollar Equivalent of the aggregate maximum amount which the beneficiaries may draw from time to time under Letters of Credit issued for the account of the Borrower pursuant to §3.1 hereof. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, the Maximum Drawing Amount of such Letter of Credit shall be the aggregate maximum amount so remaining available to be drawn.
Maximum Drawing Amount. The maximum aggregate amount from time to time that the beneficiaries may draw under outstanding Letters of Credit. Moody's. Moody's Investors Service, Inc. Multiemployer Plan. Any mulxxxxxxxyer plan within the meaning of Section 3(37) of ERISA maintained or contributed to by the Borrower, any of its Subsidiaries, or any ERISA Affiliate. New Lending Office. See Section 5.1(d). Non-U.S. Bank. See Section 5.1(c). Notes. Notes issued according to Section 2.4(e).
