Letter of Credit Commitment Amount definition

Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

Letter of Credit Commitment Amount means, on any date, a maximum amount of Five Million Dollars ($5,000,000), as such amount may be permanently reduced from time to time pursuant to Section 2.2 or Section 3.1.

Letter of Credit Commitment Amount means, on any date, $100,000,000, as such amount is reduced from time to time in accordance with Section 2.3.

Examples of Letter of Credit Commitment Amount in a sentence

• During several decades, the content of the youth and other programs was full of communist ideology.

• No Issuer shall be permitted or required to issue any Letter of Credit if, after giving effect thereto, (a) the aggregate amount of all Letter of Credit Outstandings would exceed the Letter of Credit Commitment Amount or (b) the sum of the aggregate amount of all Letter of Credit Outstandings plus the aggregate principal amount of all Revolving Loans and Swing Line Loans then outstanding would exceed the Revolving Loan Commitment Amount.

• The Revolving Loan Commitment Amount, the Swing Line Loan Commitment Amount and the Letter of Credit Commitment Amount shall be reduced as set forth below.

• In no event shall the Synthetic Letter of Credit Commitment Amount be reduced to an amount that is less than the Synthetic Letter of Credit Outstandings.

• No Letter of Credit will be caused to be issued which, taking into account the issuance of such Letter of Credit, would either cause the Letter of Credit Outstandings to exceed the Letter of Credit Commitment Amount or cause the aggregate principal amount of the Revolving Loans then outstanding plus the Letter of Credit Outstandings and the Lender Guaranty Disbursements to exceed the Revolving Loan Commitment Amount.

More Definitions of Letter of Credit Commitment Amount

Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to SECTION 2.2.

Letter of Credit Commitment Amount means, on any date, the lesser of (a) the then applicable Maximum Loan Amount on such date and (b) $25,000,000, as such amount may be permanently reduced from time to time pursuant to Section 2.2 and other provisions of this Agreement.

Letter of Credit Commitment Amount has the meaning given to that term in Section 2.4(a).

Letter of Credit Commitment Amount means, on any date an aggregate amount not to exceed the U.S. Dollar Equivalent of $20,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

Letter of Credit Commitment Amount. $25,000,000.

Letter of Credit Commitment Amount means, on any date, a maximum amount of $75,000,000 (or, if less, the then existing Commitment Amount).

Letter of Credit Commitment Amount means, as the context may require, the U.S. Letter of Credit Commitment Amount and/or the Canadian Letter of Credit Commitment Amount.