FX Sublimit means $250,000.
FX Sublimit. ‘FX Sublimit’ means an amount, subject to the Overall Sublimit, equal to $25,000,000 minus the amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit), and minus all amounts for Cash Management Services utilized under the Cash Management Services Sublimit, and minus the Applicable Purchased Receivables, and minus all outstanding Loans.
FX Sublimit means $500,000.
Examples of FX Sublimit in a sentence
The FX Amount shall at all times be equal to or less than the FX Sublimit, and availability under the Revolving Line shall be reduced by the FX Amount.
If the aggregate amount of the outstanding Advances plus the aggregate amounts outstanding under the FX Sublimit exceeds the Revolving Line at any time, Borrowers shall immediately pay to Bank, in cash, the amount of such excess.
More Definitions of FX Sublimit
FX Sublimit means $50,000.00.
FX Sublimit means a sublimit for FX Contracts under the Revolving Line not to exceed Five Hundred Thousand Dollars ($500,000).
FX Sublimit means $100,000.
FX Sublimit means the International Sublimit less any amounts outstanding under the Letter of Credit Sublimit.
FX Sublimit. ‘FX Sublimit’ means an amount, subject to the Overall Sublimit, equal to $35,000,000 minus the amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit), and minus all amounts for Cash Management Services utilized under the Cash Management Services Sublimit, and minus the aggregate amount of outstanding ‘Purchased Receivables’ under, and as defined in, the Purchase Agreement, and minus all outstanding Loans. Silicon Valley Bank Amendment to Loan Documents “FX Reserve: “Borrower may enter into foreign exchange forward contracts with Silicon, on its standard forms, under which Borrower commits to purchase from or sell to Silicon a set amount of foreign currency more than one business day after the contract date (the ‘FX Forward Contracts’); provided that (1) at the time the FX Forward Contract is entered into Borrower has Loans available to it under this Agreement in an amount at least equal to 10% of the amount of the FX Forward Contract; and (2) the total FX Forward Contracts at any one time outstanding may not exceed 10 times the amount of the FX Sublimit set forth above. The ‘FX Reserve’ shall be a reserve (which shall be in addition to all other reserves) in an amount equal to 10% of the total FX Forward Contracts from time to time outstanding. Silicon may, in its discretion, terminate the FX Forward Contracts at any time that an Event of Default occurs and is continuing. Borrower shall execute all standard form applications and agreements of Silicon in connection with the FX Forward Contracts, and without limiting any of the terms of such applications and agreements, Borrower shall pay all standard fees and charges of Silicon in connection with the FX Forward Contracts.
FX Sublimit means $750,000 in the aggregate together with the Letter of Credit Sublimit.
FX Sublimit means $500,000, less any amounts outstanding under the Letter of Credit Sublimit.