Common use of Minimum Stated Amount Clause in Contracts

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 6 contracts

Sources: Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 or such lesser amount as shall be reasonably is acceptable to the respective Letter of Credit Issuer.

Appears in 5 contracts

Sources: Credit Agreement (Fairpoint Communications Inc), Credit Agreement (Fairpoint Communications Inc), Credit Agreement (Fairpoint Communications Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 20,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 4 contracts

Sources: Credit Agreement (Geo Specialty Chemicals Inc), Credit Agreement (Geo Specialty Chemicals Inc), Credit Agreement (Penhall Co)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 3 contracts

Sources: Credit Agreement (Bread Financial Holdings, Inc.), Credit Agreement (Bread Financial Holdings, Inc.), Credit Agreement (Alliance Data Systems Corp)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 10,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 3 contracts

Sources: Credit Agreement (Global Marine Inc), Credit Agreement (Global Marine Inc), Credit Agreement (Global Marine Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 50,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 3 contracts

Sources: Credit Agreement (Noble Corp), Credit Agreement (Noble Drilling Corp), Credit Agreement (Noble Drilling Corp)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 5,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer, provided that no more than 40 Letters of Credit (or such greater number acceptable to the Letter of Credit Issuer) shall be outstanding at any one time.

Appears in 2 contracts

Sources: Credit Agreement (Primedia Inc), Credit Agreement (Tsecrp Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall not be not less than the U.S. Dollar Equivalent of $100,000 100,000, or such lesser amount as shall be reasonably is acceptable to the respective Letter of Credit IssuerIssuing Bank.

Appears in 1 contract

Sources: Credit Agreement (Autotote Corp)

Minimum Stated Amount. The initial Stated Amount of each Letter --------------------- of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 1 contract

Sources: Credit Agreement (Unilab Corp /De/)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall not be not less than the U.S. Dollar Equivalent of $100,000 25,000 or such lesser amount as shall be reasonably is acceptable to the respective Letter of Credit Issuer.

Appears in 1 contract

Sources: Credit Agreement (Eagle Picher Technologies LLC)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 25,000 or such lesser amount as shall be reasonably is acceptable to the respective Letter of Credit IssuerIssuing Bank.

Appears in 1 contract

Sources: Credit Agreement (Tracor Inc /De)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 50,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 1 contract

Sources: Credit Agreement (Diamond Offshore Drilling Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 150,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 1 contract

Sources: Credit Agreement (Hosiery Corp of America Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall not be not less than the U.S. Dollar Equivalent of $100,000 125,000 or such lesser amount as shall be reasonably is acceptable to the respective Letter of Credit IssuerIssuing Agent.

Appears in 1 contract

Sources: Credit Agreement (Artesyn Technologies Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 10,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 1 contract

Sources: Credit Agreement (Universal Hospital Services Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 5,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer, provided that no more than 40 Letters of Credit (including Existing Letters of Credit) (or such greater number acceptable to the Letter of Credit Issuer) shall be outstanding at any one time.

Appears in 1 contract

Sources: Credit Agreement (Western Empire Publications Inc)

Minimum Stated Amount. The initial Stated Amount of each --------------------- Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 or such lesser amount as shall be reasonably is acceptable to the respective Letter of Credit IssuerIssuing Bank.

Appears in 1 contract

Sources: Credit Agreement (Ocih LLC)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 or such lesser amount as shall be reasonably is acceptable to the respective Letter Issuing Bank, provided that in each calendar quarter up to five Letters of Credit Issuermay be issued having an initial Stated Amount of greater than $10,000 and less than $100,000.

Appears in 1 contract

Sources: Credit Agreement (Chartwell Leisure Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter --------------------- of Credit shall be not less than the U.S. Dollar Equivalent of $100,000 150,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 1 contract

Sources: Credit Agreement (Hci Direct Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter --------------------- of Credit shall not be not less than the U.S. Dollar Equivalent of $100,000 100,000, or such lesser amount as shall be reasonably is acceptable to the respective Letter of Credit IssuerIssuing Bank.

Appears in 1 contract

Sources: Credit Agreement (Autotote Corp)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit (other than the Existing Letters of Credit as to which no minimum is established hereby) shall be not less than the U.S. Dollar Equivalent of $100,000 25,000 or such lesser amount as shall be reasonably acceptable to the respective Letter of Credit Issuer.

Appears in 1 contract

Sources: Credit Agreement (Zurn Industries Inc)