BPDB Letter of Credit Amount definition

BPDB Letter of Credit Amount means, as of the relevant date, an amount equal to the aggregate of the next two (2) Months of Capacity Payments plus the next two (2) Months of Variable Operation and Maintenance Payments (as adjusted in each case for exchange rate and inflation in accordance with Section 13.1 to the determination date) determined as at the Commercial Operations Date on the basis of the Contracted Facility Capacity assuming that the Facility will be Dispatched at eighty percent (80%) of Contracted Facility Capacity at all times during that two Month period and, thereafter, computed every 365 Days starting from the Commercial Operations Date (in accordance with Section 13.2(i)) on the basis of then-prevailing Dependable Capacity and assuming that the Facility will be Dispatched at eighty percent (80%) of the then-prevailing Dependable Capacity at all times during that two Month period;
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BPDB Letter of Credit Amount means, as of the relevant date, an amount equal to the aggregate of the three (3) Months of Tariff Payments (as adjusted in each case for inflation in accordance with Section 12.1 to the determination date) determined as at the Supply Commencement Date on the basis of the Contracted Capacity, computed every 365 Days starting from the Supply Commencement Date (in accordance with Section 12.2(f));
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BPDB Letter of Credit Amount means, the unconditional irrevocable Letter (s) of Credit, provided by BPDB to the companyn in accordance with Section 13.1 ;
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Examples of BPDB Letter of Credit Amount in a sentence

  • L/C Amount Such amount (the “L/C Amount”) as the Applicant shall notify to the [Issuing Bank and the Advising and Negotiating Bank] from time to time as being the BPDB Letter of Credit Amount as defined in and calculated (and recalculated from time to time) in accordance with the provisions of the Contract dated ......................

  • L/C Amount Such amount (the “L/C Amount”) as the Applicant shall notify to the [Issuing Bank and the Advising and Negotiating Bank] from time to time as being the BPDB Letter of Credit Amount as defined in and calculated (and recalculated from time to time) in accordance with the provisions of the Contract dated between the Company and Applicant.

Related to BPDB Letter of Credit Amount

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

  • Letter of Credit Commitment means, with respect to any Issuing Bank at any time, the amount set forth opposite such Issuing Bank’s name on Schedule I hereto under the caption “Letter of Credit Commitment” or, if such Issuing Bank has entered into one or more Assignment and Acceptances, set forth for such Issuing Bank in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Issuing Bank’s “Letter of Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Facility Letter of Credit means a Letter of Credit issued by an Issuer pursuant to Section 2.15.

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Letter of Credit Request shall have the meaning provided in Section 2.03(a).