Offshore Currency Sublimit definition

Offshore Currency Sublimit means an amount equal to the lesser of (a) $250,000,000 and (b) the Revolving Commitment.

Offshore Currency Sublimit means $30,000,000.

Offshore Currency Sublimit at any time, the lesser of (a) $20,000,000 and (b) the Revolving Credit Commitments then in effect.

Examples of Offshore Currency Sublimit in a sentence

• The Dollar Equivalent of all Revolving Credit Loans denominated in an Offshore Currency, when aggregated with the Dollar Equivalent of all Fronted Offshore Currency Loans plus the Dollar Equivalent of all Letter of Credit Obligations denominated in an Offshore Currency, shall not exceed the Offshore Currency Sublimit.

• If on any Computation Date, the Dollar Equivalent of the outstanding principal balance of Revolving Credit Loans denominated in an Offshore Currency and Letter of Credit Obligations denominated in an Offshore Currency plus the Dollar Equivalent of the outstanding principal balance of Fronted Offshore Currency Loans exceed the Offshore Currency Sublimit, the Borrower shall pay an amount equal to such excess to Administrative Agent within three (3) Business Days following demand by the Administrative Agent.

More Definitions of Offshore Currency Sublimit

Offshore Currency Sublimit means $50,000,000.

Offshore Currency Sublimit means, at any time, (i) as to Sterling, the lesser of (a) $600,000,000 and (b) the Revolving Loan Commitments then in effect, (ii) as to ADollars, the lesser of (a) $1,000,000,000 and (b) the Revolving Loan Commitments then in effect, and (iii) as to Lire, the lesser of (a) $150,000,000 and (b) the Revolving Loan Commitments then in effect; provided that such Offshore Currency Sublimits may be increased from time to time pursuant to subsection 2.1D or decreased from time to time pursuant to subsection 2.4F.

Offshore Currency Sublimit means the Equivalent Amount of $100,000,000.

Offshore Currency Sublimit means the Dollar Equivalent of $500,000,000.

Offshore Currency Sublimit means the Equivalent Amount of the combined Commitments.

Offshore Currency Sublimit at any time, (a) as to all Offshore Currency Loans, the lesser of (i) $175,000,000 and (ii) the Revolving Commitments then in effect and (b) as to Offshore Currency Loans denominated in the same Offshore Currency, the lesser of (i) if such Offshore Currency is (A) an Eligible Offshore Currency or (B) Canadian Dollars or Italian Lira, $75,000,000, or, if such Offshore Currency is any other Offshore Currency, $25,000,000 and (ii) the Revolving Commitments then in effect.

Offshore Currency Sublimit means the Dollar Equivalent of U.S. $150,000,000, as the same may be reduced in accordance with the terms of this Agreement.