Committed Limit definition
Committed Limit means the credit limit that each Syndicated Bank agrees to provide under this Credit Facility in the amount listed in Attachment 1 or the limit after cancellation or revocation in accordance with this Agreement.
Examples of Committed Limit in a sentence
For the avoidance of doubt, no Erroneous Payment Deficiency Assignment will reduce the Individual Committed Limit of any Buyer and each such Individual Committed Limit of each Buyer shall remain available in accordance with the terms of this Framework Agreement.
Subject to all relevant conditions for the drawdown of this Credit Facility under this Agreement, the Issuer may issue commercial paper in accordance with this Agreement within the scope of the Committed Limit and the drawdown deadline of the Tranche C Facility.