Common use of The Standby L/C Sublimit Clause in Contracts

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Dollars ($500,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 27, 1998.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Million Dollars ($500,0005,000,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 27July 31, 19982003.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Dollars ($500,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 27December 30, 19982000.

The Standby L/C Sublimit. As a sublimit to under the Revolving Loan, Bank shall issue, for the account of BorrowerBorrowers, one or more irrevocable, irrevocable standby letters of credit (individually, an a "Standby L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding Standby L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn Standby L/Cs shall not exceed Five Hundred Thousand Million and No/100 Dollars ($500,0005,000,000.00) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby All Standby L/C Cs shall have an expiry date more than twelve (12) months from be drawn on terms and conditions acceptable to Bank in its date of issuance reasonable determination and each L/C shall be governed by the terms of (and Borrower agrees Borrowers agree to execute) Bank's standard form for of standby L/C applications letter of credit application and reimbursement agreementsagreement. No Standby L/C shall expire after February 27later than August 15, 19982004. Notwithstanding the foregoing, the combined amount outstanding under the Commercial L/C Sublimit and the Standby L/C Sublimit shall not exceed Five Million and No/100 Dollars ($5,000,000.00), at any time.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, irrevocable standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Three Hundred Thousand Dollars ($500,000300,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) 12 months from its date of issuance and each L/C shall be governed by the terms of (and Borrower Xxxxxxxx agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 27May 31, 19981999.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Dollars TWO MILLION DOLLARS ($500,0002,000,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 27September 30, 1998.2002. Borrower shall pay to Bank an L/C commission equal to one and one half percent (1.5%) per annum computed with respect to the face amount of each L/C..

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, irrevocable standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Dollars ($500,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for of standby L/C applications letter of credit application and reimbursement agreementsagreement. No L/C shall expire after February 27July 1, 1998.

The Standby L/C Sublimit. As a sublimit to the Revolving LoanLoan A, Bank shall issue, for the account of BorrowerBorrowers, one or more irrevocable, standby letters of credit (individually, an "“L/C" ” and collectively, the "“L/Cs"”). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Two Million Dollars ($500,0002,000,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. Loan A. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's ’s standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 27October 1, 19982008.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an a "Standby L/C" and collectively, the "Standby L/Cs"). All such standby Standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding Standby L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn Standby L/Cs shall not exceed Five One Million Two Hundred Fifty Thousand Dollars ($500,0001,250,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby Standby L/C shall have an expiry date more than twelve (12) 12 months from its date of issuance unless approved by Bank and each Standby L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire more than 90 days after February 27, 1998the maturity date of the Revolving Loan.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Dollars TWO MILLION DOLLARS ($500,0002,000,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 275, 19982000.

The Standby L/C Sublimit. As a sublimit to under the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, irrevocable standby letters of credit (individually, an "a “Standby L/C" and collectively, the "L/Cs"”). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding Standby L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn Standby L/Cs (collectively, the “Standby L/C Exposure”) plus the Commercial L/C Exposure as of such time, shall not exceed Five Hundred Thousand Million and 00/100 Dollars ($500,0005,000,000.00) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby All Standby L/C Cs shall have an expiry date more than twelve (12) months from its date of issuance be drawn on terms and each L/C conditions acceptable to Bank and shall be governed by the terms of (and Borrower agrees to execute) Bank's ’s standard form for of standby L/C applications letter of credit application and reimbursement agreementsagreement. No Standby L/C shall expire after February 27more than three hundred sixty-five (365) days from the date of its issuance, 1998and in no event later than March 31, 2010.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Ten Million Dollars ($500,00010,000,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 27June 30, 1998.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, irrevocable standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Dollars ($500,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for of standby L/C applications letter of credit application and reimbursement agreementsagreement. No L/C shall expire after February 27July 3, 19982000.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby or commercial letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Two Million Dollars ($500,0002,000,000.00) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each Each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C may be issued for a period exceeding 12 months, and no L/C shall expire after February 27June 1, 1998.. At Borrower's request, Bank will issue L/C's with the following affiliates named as the Account Party, so long as the Borrower executes the Bank's standard form for L/C applications and reimbursement agreements:

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby Standby letters of credit (individually, an a "Standby L/C" and collectively, the "Standby L/Cs"). All such standby Standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding Standby L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn Standby L/Cs shall not exceed Five Hundred Thousand Ten Million Dollars ($500,00010,000,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving LoanLoan and Commercial L/C sublimit. No standby Standby L/C shall have an expiry date more than twelve (12) 12 months from its date of issuance (except for Amendment) and each Standby L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby Standby L/C applications and reimbursement agreements. No L/C shall expire after February 27, 1998.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Ten Million Dollars ($500,00010,000,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 27April 2, 19982001.

The Standby L/C Sublimit. As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an "L/C" and collectively, the "L/Cs"). All such standby L/Cs shall be drawn on such terms and conditions as are acceptable to Bank. The aggregate amount available to be drawn under all outstanding L/Cs and the aggregate amount of unpaid reimbursement obligations under drawn L/Cs shall not exceed Five Hundred Thousand Two Million Dollars ($500,0002,000,000) and shall reduce, dollar for dollar, the maximum amount available under the Revolving Loan. No standby L/C shall have an expiry date more than twelve (12) months from its date of issuance and each L/C shall be governed by the terms of (and Borrower agrees to execute) Bank's standard form for standby L/C applications and reimbursement agreements. No L/C shall expire after February 27June 30, 1998.