AGGREGATE LC AMOUNT definition

AGGREGATE LC AMOUNT has the meaning set forth in Section 6.01.
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AGGREGATE LC AMOUNT means the sum of the L/C Amounts of each Borrower.
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AGGREGATE LC AMOUNT means the aggregate amount available to be drawn under all Letters of Credit issued by all XX Xxxxx.
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Examples of AGGREGATE LC AMOUNT in a sentence

  • For the purposes of this Section 2.9(b), "Unused Amount" means the Maximum Line reduced by (1) outstanding Revolving Advances made to all Borrowers and (2) the Aggregate L/C Amount.

  • If the Credit Facility is terminated for any reason whatsoever while any Letter of Credit is outstanding, the Borrowers shall thereupon pay the Lender in immediately available funds for deposit in the Special Account an amount equal to the Aggregate L/C Amount.

  • The Arboretum Gratefully Acknowledges LIFE TIME FRIENDS1991 - Present Founders Nancy Caspers Jane DouganKenneth W.

  • For so long as (i) the Borrower has any liabilities under or in respect of the Finance Documents and (ii) the monies held in the Bank Account amount to less than US$220,000,000 (the shortfall being the “ Deposit Shortfall”), the Borrower shall procure that one or more Letters of Credit in an Aggregate LC Amount of not less than the Deposit Shortfall have been delivered and are held to or to the order of the Original Lender.

  • Subsequent to this purchase, the Aggregate LC Amount will be $_______ and the Aggregate Capital will be $_____.]5 1 Must be at least two (2) Business Days from the date of this Purchase Notice.

  • As of this date, the Aggregate L/C Amount is $ [break down into components of the Aggregate L/C Amount ] and the Aggregate L/C Amount as of the first day of the Fiscal Year was $ .

  • Borrower shall pay to Agent for the ratable benefit of Lenders a fee equal to .40% per annum of the average monthly amount by which the Maximum Revolving Amount exceeds the sum of the outstanding principal balance of the Revolving Credit Loans and the Aggregate LC Amount.

  • After giving effect to the Funded Purchase contemplated by this Section 3 and the transactions contemplated by the Payoff Agreement, (i) the Aggregate Capital will be $69,912,192, (ii) PNC’s aggregate outstanding Capital will be $34,956,096, (iii) SMBC’s aggregate outstanding Capital will be $34,956,096, and (iv) the Aggregate LC Amount will be zero ($0).


More Definitions of AGGREGATE LC AMOUNT

AGGREGATE LC AMOUNT means, as of any time, the sum, calculated on a Dollar-Equivalent Basis, of (i) the aggregate amount then-available to be drawn under all L/Cs issued under any Guaranteed Facility, (ii) the then-remaining amount of L/Cs available to be issued under any Guaranteed Facility (based on the maximum aggregate amount of L/Cs that could from time to time in the future be issued under any such Guaranteed Facility), and (iii) the aggregate amount of draws (including accrued but unpaid interest thereon) on any L/Cs issued under any Guaranteed Facility that have not yet been reimbursed by the Company to either (x) the applicable Bank or (y) the Guarantor (following a payment by the Guarantor to the Bank pursuant to a Guaranty).
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AGGREGATE LC AMOUNT means the aggregate amount available to be drawn under all Letters of Credit issued by all LC Banks.
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Related to AGGREGATE LC AMOUNT

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Aggregate Maximum Credit Amounts at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06.

  • Aggregate Outstandings means, at a particular time, the sum of (a) the Aggregate Letters of Credit Outstandings at such time and (b) the aggregate outstanding principal amount of all Revolving Credit Loans at such time.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Aggregate Cap has the meaning set forth in Section 20.1A.

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Aggregate Revolving Committed Amount means the aggregate amount of Revolving Commitments in effect from time to time, being initially ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000).

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Aggregate Revolver Outstandings means, at any date of determination: the sum of (a) the unpaid balance of Revolving Loans, (b) the aggregate amount of Pending Revolving Loans, (c) one hundred percent (100%) of the aggregate undrawn face amount of all outstanding Letters of Credit, and (d) the aggregate amount of any unpaid reimbursement obligations in respect of Letters of Credit.

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Maximum Revolving Credit Amount means $85,000,000.00.

  • Maximum Swingline Amount means $5,000,000.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Maximum Revolving Amount means $10,000,000.

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one-half of one percent (0.5%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Letter of Credit Maximum Amount means $5,000,000; provided that, on and after the Maturity Date, the Letter of Credit Maximum Amount shall be zero.

  • Letter of Credit Amount the stated maximum amount available to be drawn under a particular Letter of Credit, as such amount may be reduced or reinstated from time to time in accordance with the terms of such Letter of Credit.