Common use of Minimum Stated Amount Clause in Contracts

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall not be less than $250,000 or such lesser amount as is acceptable to the Issuing Agent.

Appears in 3 contracts

Samples: Credit Agreement (Sealed Air Corp/De), Assignment and Assumption Agreement (Sealed Air Corp/De), Global Revolving Credit Agreement (Sealed Air Corp/De)

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Minimum Stated Amount. The initial Stated Amount of each --------------------- Letter of Credit shall be not be less than $250,000 10,000 or such lesser amount as is acceptable to the Issuing AgentAgent and the Letter of Credit Issuer.

Appears in 2 contracts

Samples: Credit Agreement (Graphic Controls Corp), Credit Agreement (Graphic Controls Corp)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not be less than $250,000 100,000 or such lesser amount as is acceptable to the respective Issuing AgentLender.

Appears in 1 contract

Samples: Silgan Credit Agreement (Silgan Holdings Inc)

Minimum Stated Amount. The initial Stated Amount of each --------------------- Letter of Credit shall be not be less than $250,000 100,000 or such lesser amount as is acceptable to the Issuing AgentBank.

Appears in 1 contract

Samples: Credit Agreement (Ocih LLC)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall not be less than the U.S. Dollar Equivalent of $250,000 125,000 or such lesser amount as is acceptable to the Issuing Agent.

Appears in 1 contract

Samples: Credit Agreement (Artesyn Technologies Inc)

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Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not be less than $250,000 25,000 or such lesser amount as is acceptable to the respective Issuing AgentBank.

Appears in 1 contract

Samples: Credit Agreement (Tracor Inc /De)

Minimum Stated Amount. The initial Stated Amount of each Letter --------------------- of Credit shall not be less than $250,000 or such lesser amount as is acceptable to the Issuing Letter of Credit Issuer and the Agent.

Appears in 1 contract

Samples: Credit Agreement (HCC Industries International)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall not be less than $250,000 10,000 or such lesser amount as is acceptable to the Issuing Letter of Credit Issuer and the Agent.

Appears in 1 contract

Samples: Credit Agreement (Peebles Inc)

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