Facility Letter of Credit Sublimit definition

Facility Letter of Credit Sublimit means $25,000,000.
Facility Letter of Credit Sublimit means $50,000,000.
Facility Letter of Credit Sublimit means $20,000,000.

Examples of Facility Letter of Credit Sublimit in a sentence

  • Except to the extent that a Lender has a specified Facility Letter of Credit Sublimit applicable to it as shown on Schedule I hereto or shall otherwise have agreed to be designated as an Issuer, no Lender shall have any obligation to accept or approve any request for, or to issue, amend or extend, any Letter of Credit, and the obligations of an Issuer to issue, amend or extend any Facility Letter of Credit are expressly limited by and subject to the provisions of this Section 2.19.

  • Form, acquire or permit to exist any Subsidiaries (other than the Company, TI and ST as Subsidiaries of Holdings and TFC as a Subsidiary of the Company).


More Definitions of Facility Letter of Credit Sublimit

Facility Letter of Credit Sublimit means $10,000,000.
Facility Letter of Credit Sublimit means $15,000,000.
Facility Letter of Credit Sublimit means $75,000,000.
Facility Letter of Credit Sublimit means, for each of the Issuers, the obligation of such Issuer to issue Facility Letters of Credit in the aggregate not exceeding the amount set forth in Schedule I hereto as its “Facility Letter of Credit Sublimit,” as such amount may be increased or decreased from time to time pursuant to the terms of Section 2.19.9.
Facility Letter of Credit Sublimit means an amount equal to the Aggregate Commitment.
Facility Letter of Credit Sublimit means $350,000,000.
Facility Letter of Credit Sublimit means an aggregate amount of