Specified LC Sublimit definition

Specified LC Sublimit means, with respect to any Issuing Bank, the amounts set forth beside such Issuing Bank on Schedule 2.05 hereto or such other amount as is specified in the agreement pursuant to which such Person becomes an Issuing Bank hereunder or is otherwise agreed by the applicable Issuing Bank, the Borrower and the Administrative Agent.
Specified LC Sublimit means, with respect to any Issuing Bank, such Issuing Bank’s pro rata share of the LC Sublimit (as determined on the Effective Date based on the pro rata share of such Issuing Bank (or its lending affiliate) of the aggregate Revolving Commitments held by all Issuing Banks (or their lending affiliates) on the Effective Date) or such other amount as specified in the agreement pursuant to which such person becomes an Issuing Bank hereunder or, in each case, such larger amount not to exceed the LC Sublimit as the Administrative Agent and the applicable Issuing Bank may agree.
Specified LC Sublimit means, with respect to any Issuing Bank, (a) the amount equal to the product of (i) a fraction, the numerator of which is the Revolving Commitment of such Issuing Bank (or its Affiliate that is a Revolving Lender), and the denominator of which is the total Revolving Commitments times (ii) the Letter of Credit Sublimit or (b) such higher amount as is agreed between such Issuing Bank and the Administrative Agent.

More Definitions of Specified LC Sublimit

Specified LC Sublimit means, with respect to any Issuing Bank, the amounts set forth beside such Issuing Bank’s name on Schedule 1.01(F) hereto or, in each case, such other amount as specified in the agreement pursuant to which such person becomes an Issuing Bank hereunder or, in each case, such larger amount not to exceed the Revolving Facility Commitment as the Administrative Agent and the applicable Issuing Bank may agree or, with respect to the Issuing Bank under an Existing Roll-Over Letter of Credit, the additional amount of such Existing Roll-Over Letter of Credit.
Specified LC Sublimit means, (a) with respect to Credit Suisse, $53,061,261, (b) with respect to Bank of America, the face amount of all Letters of Credit issued by Bank of America as of the Amendment Effective Date, (c) with respect to Citicorp North America, Inc., $53,061,261, and (d) with respect to any other L/C Issuer, such amount as specified in the agreement pursuant to which such person becomes an L/C Issuer hereunder, or in each case of clauses (a) through (d), such greater amount agreed to by such L/C Issuer.
Specified LC Sublimit means, with respect to any Issuing Bank, the amounts set forth beside such Issuing Bank’s name on Schedule 1.01(B) hereto or, in each case, such other amount as specified in the agreement pursuant to which such person becomes an Issuing Bank hereunder or, in each case, such larger amount not to exceed the Revolving Facility Commitment as the Administrative Agent and the applicable Issuing Bank may agree.
Specified LC Sublimit means, with respect to any Issuing Bank, (a) the amount equal to the product of (i) a fraction, the numerator of which is the Revolving Commitment of such Issuing Bank (or its Affiliate that is a Revolving Lender), and the denominator of which is the total Revolving Commitments times (ii) the Letter of Credit Sublimit or (b) such higher amount as is agreed between such Issuing Bank and the Administrative Agent. “Specified Refinancing Debt” means (x) notes or loans that are unsecured and rank pari passu with or subordinated in right of payment to the Loan Document Obligations, (y) notes that are secured by Liens that rank pari passu with or subordinated to the Liens securing the Loan Document Obligations and (z) loans that are secured by Liens that are subordinated to the Liens securing the Loan Document Obligations; provided that (i) Specified Refinancing Debt shall be subject to the requirements set forth in clauses (i), (iii), (iv), (v), (vi) and (vii) of Section 2.22(a), mutatis mutandis, except that Specified Refinancing Debt shall be permitted to be used to refinance all or any portion of any existing Specified Refinancing Debt and in such case references to the Loans in such clauses shall refer to the Specified Refinancing Debt being refinanced; and (ii) any Specified Refinancing Debt that is secured shall be subject to a First Lien Intercreditor Agreement and/or a Junior Lien Intercreditor Agreement, as the case may be. “Specified Representations” means the representations set forth in Section 3.01 (with respect to organizational power and authority to enter into the Loan Documents), Section 3.02, Section 3.03(b)(i), Section 3.08, Section 3.14, Section 3.16, Section 3.17 (with respect to the use of the proceeds of the Loans borrowed on the Closing Date), Section 3.19 and Section 3.20 (in the case of Section 3.20, subject to the proviso of Section 4.01(f)). “Statutory Reserve Rate” means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve, liquid asset or similar percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by any Governmental Authority of the United States. Such reserve, liquid asset or similar percentages shall include those imposed pursuant to Regulation D of the Board of Governors. Eurocurrency Loans shall be deemed to be subject to such reserve, liquid asset or...
Specified LC Sublimit means, with respect to any L/C Issuer, (i) in the case of Citibank (or any of its Affiliates), (x) in the case of Dollar L/C Credit Extensions, 50% of the Dollar L/C Sublimit and (y) in the case of Alternative Currency L/C Credit Extensions, 50% of the Alternative Currency L/C Sublimit and (ii) in the case of any other L/C Issuer, (x) in the case of Dollar L/C Credit Extensions, 100% of the Dollar L/C Sublimit or (y) in the case of Alternative Currency L/C Credit Extensions, 100% of the Alternative Currency L/C Sublimit, as applicable, or in each case such lower percentage as is specified in the agreement pursuant to which such Person becomes an L/C Issuer entered into pursuant to Section 2.03(l) hereof.
Specified LC Sublimit means, with respect to any Issuing Lender, the amount set forth beside such Issuing Lender on Schedule II hereto with respect to Letters of Credit or in each case such other amount as is specified in the agreement pursuant to which such Person becomes an Issuing Lender hereunder.
Specified LC Sublimit means, with respect to any L/C Issuer, (i) in the case of Wells Fargo Bank, National Association (or any of its Affiliates), 33% of the L/C Sublimit, (ii) in the case of PNC Bank, National Association, (or any of its Affiliates), 67% of the L/C Sublimit, and (iii) in the case of any other L/C Issuer, such percentage as is specified in the agreement pursuant to which such Person becomes an L/C Issuer entered into pursuant to Section 2.03(l) hereof.