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Common use of Stated Amount Clause in Contracts

Stated Amount. The Stated Amount shall be reduced and reinstated in accordance with the provisions of the Letter of Credit.

Appears in 2 contracts

Sources: Participation Agreement (Minnesota Power Inc), Reimbursement Agreement (Minnesota Power Inc)

Related Clauses

  • Maximum Drawing Amount
  • Revolving Committed Amount
  • Loan Amount
  • Total Commitment
  • Aggregate Principal Amount

Parent Clauses

  • Amount and Terms of Letters of Credit
  • Miscellaneous
  • AMOUNT AND TERMS OF CREDIT
  • Letters of Credit
  • The Credits

Sub-Clauses

  • Notification of Rate
  • Fees
  • Capital Requirements
  • Net Payments
  • Proportionate Reductions
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