LOC Committed Amount definition
LOC Committed Amount shall have the meaning set forth in Section 2.3(a).
LOC Committed Amount means, collectively, the aggregate amount of all of the LOC Commitments of the Lenders to issue and participate in Letters of Credit as referenced in Section 2.4 and, individually, the amount of each Lender’s LOC Commitment as specified in Schedule 2.1(a).
LOC Committed Amount shall have the meaning assigned to such term in Section 2.2.
Examples of LOC Committed Amount in a sentence
If the Revolving Committed Amount is reduced below the then current LOC Committed Amount, the LOC Committed Amount shall automatically be reduced by an amount such that the LOC Committed Amount equals the Revolving Committed Amount.
More Definitions of LOC Committed Amount
LOC Committed Amount means, collectively, the aggregate amount of all of the LOC Commitments of the Lenders to issue and participate in Letters of Credit as referenced in Section 2.2 and, individually, the amount of each Lender's LOC Commitment as specified in Schedule 2.1(a).
LOC Committed Amount means TEN MILLION DOLLARS ($10,000,000).
LOC Committed Amount means FIVE MILLION DOLLARS ($5,000,000).
LOC Committed Amount shall have the meaning assigned to such term in --------------------
LOC Committed Amount means $200,000,000, as it may be reduced from time to time pursuant to the terms hereof.
LOC Committed Amount collectively, the aggregate amount of all of the LOC Commitments of the Banks to issue and participate in Letters of Credit as referenced in subsection 2.22 and, individually, the amount of each Bank’s LOC Commitment.
LOC Committed Amount means ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000).