Common use of Maximum Drawing Amount Clause in Contracts

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.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Waste Connections Inc/De)

AutoNDA by SimpleDocs

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 that pursuant to the beneficiaries may draw under outstanding terms of the 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.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Industries Usa Inc)

AutoNDA by SimpleDocs

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 Borrower on the Loans and other Obligations from time to time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Iteq Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.