Letter of Credit Issuer Sublimit definition

Letter of Credit Issuer Sublimit means (i) with respect to each Issuing Bank as of the Effective Date, as set forth on Schedule 2.01, and (ii) with respect to any other Issuing Bank, an amount as shall be agreed to by the Administrative Agent, such Issuing Bank and the Borrower.

Letter of Credit Issuer Sublimit means, with respect to any Issuing Lender, the obligation of such Issuing Lender to issue Letters of Credit as such obligation may be adjusted from time to time pursuant to this Agreement, which obligation as of the Closing Date is the amount set forth opposite such lender’s name on Schedule 1.1(a) hereto under the caption “Letter of Credit Issuer Sublimit” as the same may be adjusted from time to time pursuant to the terms hereof.

Letter of Credit Issuer Sublimit means, at any time, with respect to (a) each of Barclays Bank PLC, BNP Paribas, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG New York Branch, Royal Bank of Canada, Société Générale, The Toronto-Dominion Bank, New York Branch, and The Bank of Nova Scotia, $50,000,000 (or such other amount as may be agreed between such L/C Issuer and the Borrower from time to time), (b) JPM, $25,000,000 (or such other amount as may be agreed between such L/C Issuer and the Borrower from time to time) and (c) any other Person that is a L/C Issuer, such other amount as may be agreed between such other L/C Issuer and the Borrower at the time such Person becomes a L/C Issuer or from time to time thereafter.

Examples of Letter of Credit Issuer Sublimit in a sentence

• If, after giving effect to any prepayment of the Revolving Credit Commitments that results in a reduction of the Revolving Credit Commitments, the Letter of Credit Sublimit exceeds the amount of the Revolving Credit Commitments, such sublimit shall be automatically reduced by the amount of such excess (including a corresponding reduction to each Issuing Bank’s Letter of Credit Issuer Sublimit (ratably) unless otherwise agreed by the Borrower and each applicable Issuing Bank).

• If, after giving effect to any reduction of the Revolving Credit Commitments, the Letter of Credit Sublimit exceeds the amount of the Revolving Credit Commitments, such sublimit shall be automatically reduced by the amount of such excess (including a corresponding reduction to each Issuing Bank’s Letter of Credit Issuer Sublimit (ratably) unless otherwise agreed by the Borrower and each applicable Issuing Bank).

• On the Amendment No. 2 Effective Date, the Letter of Credit Issuer Sublimit of each Issuing Bank shall be as set forth on Annex A attached hereto.

• Pursuant to 17 C.F.R. Section 200.83 SCHEDULE 2.01 Lenders, Revolving Commitments and Letter of Credit Issuer Sublimit Lender Revolving Commitment Letter of Credit Issuer Sublimit Barclays Bank PLC $ 250,000,000 $ 166,667,000 Xxxxxxx Xxxxx Lending Partners LLC $ 250,000,000 N/A Xxxxxxx Sachs Bank USA N/A $ 166,667,000 Xxxxxx Xxxxxxx Senior Funding, Inc.

• Lord Denning M.R. rejected a submission that the damage was purely economic saying, at p.

More Definitions of Letter of Credit Issuer Sublimit

Letter of Credit Issuer Sublimit means, at any time, with respect to (a) each of Barclays Bank PLC, BNP Paribas, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG New York Branch, Royal Bank of Canada, Société Générale, The Toronto-Dominion Bank, New York Branch, and The Bank of Nova Scotia, $50,000,000 (or such other amount as may be agreed between such L/C Issuer and the Borrower from time to time) , (b) JPM, $25,000,000 (or such other amount as may be agreed between such L/C Issuer and the Borrower from time to time) and (c) any other Person that is a L/C Issuer, such other amount as may be agreed between such other L/C Issuer and the Borrower at the time such Person becomes a L/C Issuer or from time to time thereafter .

Letter of Credit Issuer Sublimit means, at any time, with respect to (a) JPM, its Revolving Credit Commitment at such time and (b) any other Person that is a L/C Issuer, such other amount as may be agreed between such other L/C Issuer and the Borrower at the time such Person becomes a L/C Issuer.

Letter of Credit Issuer Sublimit means (a) for Bank, $50,000,000, (b) for Bank of America, N.A., $25,000,000 and (c) for Xxxxx Fargo Bank, National Association, $10,000,000, as such sublimits may be adjusted from time to time as agreed among the Agent, the applicable Letter of Credit Issuer and Borrower Agent.

Letter of Credit Issuer Sublimit means, at any time, with respect to (a) each of Barclays Bank PLC, BNP Paribas, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG New York Branch, Royal Bank of Canada, Société Générale, Toronto Dominion (Texas) LLC, and The Bank of Nova Scotia, $50,000,000, (b) JPM, $25,000,000 and (c) any other Person that is a L/C Issuer, such other amount as may be agreed between such other L/C Issuer and the Borrower at the time such Person becomes a L/C Issuer.

Letter of Credit Issuer Sublimit means, with respect to each Letter of Credit Issuer, such sublimit as may be agreed from time to time among the Agent, the applicable Letter of Credit Issuer and the Borrower Agent.

Letter of Credit Issuer Sublimit means, at any time, with respect to (a) GS Bank $12,500,000, (b) Royal Bank of Canada, $5,000,000, (c) Deutsche Bank AG New York Branch,$3,750,000 and (d) Xxxxxx Xxxxxxx Senior Funding, Inc., $3,750,000 (in each case, or such other amount as may be agreed between such L/C Issuer and the Borrower from time to time) and (e) any other Person that is a L/C Issuer, such other amount as may be agreed between such other L/C Issuer and the Borrower at the time such Person becomes a L/C Issuer or from time to time thereafter.

Letter of Credit Issuer Sublimit means, as at any date of determination, (i) with respect to CS, $15,000,000, (ii) with respect to Xxxxxx Xxxxxxx Bank, N.A., $7,500,000 and (iii) with respect to Bank of America, N.A., $7,500.000.