L/C Sublimit definition

L/C Sublimit has the meaning ascribed to it in Annex B.
L/C Sublimit has the meaning provided in Section 2.01(b).
L/C Sublimit means an amount equal to $10,000,000. The L/C Sublimit is a part of, and not in addition to, the Revolving Committed Amount.

Examples of L/C Sublimit in a sentence

  • U.K. Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the U.K. Sublimit minus the U.K. Priority Payables Reserve; or (b) the sum of the U.K. Accounts Formula Amount, minus the Availability Reserve allocated by Agent to Promethean U.K. U.K. LC Sublimit: $3,500,000.


More Definitions of L/C Sublimit

L/C Sublimit means $10,000,000, as reduced pursuant to the terms hereof.
L/C Sublimit means an amount equal to Twenty-Five Million Dollars ($25,000,000). The L/C Sublimit is part of, and not in addition to, the Aggregate Commitments.
L/C Sublimit means $5,000,000, as reduced pursuant to the terms hereof.
L/C Sublimit means the lesser of (x) U.S.$100,000,000 and (y) the aggregate Revolving Credit Commitments, as may be reduced pursuant to the terms hereof. The L/C Sublimit is part of, and not in addition to, the Revolving Credit Commitments.
L/C Sublimit means $50,000,000.
L/C Sublimit means the lesser of (a) $20,000,000 and (b) the Revolving Credit Commitment.
L/C Sublimit means $25,000,000, as reduced pursuant to the terms hereof.