Letter of Credit Facility Commitment definition

Letter of Credit Facility Commitment means $15,000,000. "Revolving Line of Credit Commitment" shall mean $17,500,000.
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Letter of Credit Facility Commitment means $12,500,000.
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Letter of Credit Facility Commitment means $12,500,000. "Letter of Credit Obligations" shall mean that portion of the
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Examples of Letter of Credit Facility Commitment in a sentence

  • Administrative Agent, the Issuers party hereto and the LC Borrower hereby consent to and approve the Letter of Credit Facility Commitment of each Added Lender and the increase in the Letter of Credit Facility Commitment of each Increasing Lender, and such resulting increase in the aggregate Letter of Credit Facility Commitments pursuant to Section 2.21 of the Credit Agreement.

  • The Borrower has requested that the Bank (i) increase the amount of the Revolving Line of Credit Commitment from the sum of $15,000,000 to the sum of $17,500,000, and (ii) decrease the amount of the Letter of Credit Facility Commitment from the sum of $17,500,000 to the sum of $15,000,000.

  • The Borrower has requested that the Bank (i) increase the amount of the Revolving Line of Credit Commitment from the sum of $17,500,000 to the sum of $22,000,000, and (ii) decrease the amount of the Letter of Credit Facility Commitment from the sum of $15,000,000 to the sum of $12,500,000.

  • In the case of an assignment of the Letter of Credit Facility Commitment or Letter of Credit Obligations only, no such assignment shall be made to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons.

  • Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Term Loans (or Term Commitment) or the Letter of Credit Facility Commitment.


More Definitions of Letter of Credit Facility Commitment

Letter of Credit Facility Commitment means $5,000,000 from January 1, 1998 and at all times thereafter.
Sample 1
Letter of Credit Facility Commitment means $17,500,000.
Sample 1
Letter of Credit Facility Commitment means $10,000,000 during the period from the effective date of the First Amendment to this Agreement through December 31, 1997; $5,000,000 during the period from January 1, 1998 through March 31, 1998; and $10,000,000 on April 1, 1998 and at all times thereafter.
Sample 1
Letter of Credit Facility Commitment means the UF L/C Commitment or the PF L/C Commitment.
Sample 1
Letter of Credit Facility Commitment means $10,000,000. "Revolving Line of Credit Commitment" shall mean $50,000,000.
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Letter of Credit Facility Commitment means $10,000,000.
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Letter of Credit Facility Commitment means Twenty Million Dollars ($20,000,000)."
Sample 1