LC Commitments definition

LC Commitments means up to [***] plus the Incremental LC Commitments, if any.

LC Commitments means collectively, the LC Commitments for all the Lenders.

LC Commitments means Incremental L/C Commitments and Extended L/C Commitments.

Examples of LC Commitments in a sentence

• Any reduction of the Total L/C Commitments shall be applied to the L/C Commitments of each Lender according to its respective L/C Percentage.

• All fees accrued until the effective date of any termination of the Total L/C Commitments shall be paid on the effective date of such termination.

• Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the L/C Commitments then in effect.

• Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof (or, if the then Total L/C Commitments are less than $1,000,000, such lesser amount), and shall reduce permanently the L/C Commitments then in effect.

• The Revolving Commitments and the related L/C Commitments of the relevant L/C Issuers shall terminate automatically on the Revolving Termination Date.

More Definitions of LC Commitments

LC Commitments shall refer to the aggregate of the Banks’ LC Commitments hereunder.

LC Commitments has the meaning assigned to such term in the definition of “Issuing Bank”.

LC Commitments see Section 2.5.

LC Commitments means, collectively, the Canadian LC Commitment and the U.S. LC Commitment.

LC Commitments means, as to each Issuing Bank, the US Tranche LC Commitment and the Australian Tranche LC Commitment of such Issuing Bank.

LC Commitments means up to $[***].

LC Commitments means, collectively, the Bay Gas LC Commitments and the ESI LC Commitments.