Common use of Minimum Stated Amount Clause in Contracts

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, €150,000 and (z) in the case of a Sterling Denominated Letter of Credit, £150,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

Appears in 4 contracts

Samples: Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc)

AutoNDA by SimpleDocs

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, 250,000 and (y) in the case of a Euro Denominated Letter of Credit, €150,000 and (z) in the case of a Sterling Denominated Letter of Credit, £150,000euro)250,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

Appears in 2 contracts

Samples: Credit Agreement (Dole Food Company Inc), Credit Agreement (Exide Technologies)

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, €150,000 and (z) in the case of a Sterling Denominated Letter Let- ter of Credit, £150,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

Appears in 1 contract

Samples: Intercreditor Agreement (Dole Food Co Inc)

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a U.S. Dollar Denominated Letter of Credit, $250,000, 250,000 and (y) in the case of a Euro Denominated Letter of Credit, €150,000 and (z) in the case of a Sterling Denominated Letter of Credit, £150,000, 250,000 or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

Appears in 1 contract

Samples: Credit Agreement (Exide Technologies)

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, €150,000 (euro)250,000 and (z) in the case of a Sterling Denominated Letter of Credit, £150,000(pound)150,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

Appears in 1 contract

Samples: Credit Agreement (Dole Food Company Inc)

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of CreditCredit denominated in Dollars, $250,00050,000, (y) in the case of a Euro Denominated Letter of CreditCredit denominated in Euros, €150,000 (euro)50,000, and (z) in the case of a Sterling Denominated Letter of CreditCredit denominated in Canadian Dollars, £150,000$CDN 50,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

Appears in 1 contract

Samples: Credit Agreement (Davis-Standard CORP)

AutoNDA by SimpleDocs

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, €150,000 E150,000 and (z) in the case of a Sterling Denominated Letter of Credit, £150,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.of

Appears in 1 contract

Samples: Credit Agreement (Dole Food Company Inc)

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, €150,000 E150,000 and (z) in the case of a Sterling Denominated Letter of Credit, £150,000L150,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

Appears in 1 contract

Samples: Security Agreement (Dole Food Company Inc)

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than $100,000 (x) or if issued in Euros, the case Dollar Equivalent of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, €150,000 and (z) in the case of a Sterling Denominated Letter of Credit, £150,000100,000), or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

Appears in 1 contract

Samples: Credit Agreement (Baldwin Technology Co Inc)

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