Standby Letter of Credit Sublimit definition

Standby Letter of Credit Sublimit means $25,000,000.
Standby Letter of Credit Sublimit. $4,500,000.
Standby Letter of Credit Sublimit means $50,000,000.

Examples of Standby Letter of Credit Sublimit in a sentence

  • In addition, the Letter of Credit Sublimit and/or the Standby Letter of Credit Sublimit may be increased by an amount not to exceed the amount of any increase in Commitments with the consent of the L/C Issuers and the holders of such Commitment Increase.


More Definitions of Standby Letter of Credit Sublimit

Standby Letter of Credit Sublimit means an amount equal to FIFTEEN MILLION DOLLARS ($15,000,000). The Standby Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.
Standby Letter of Credit Sublimit means $4,010,500.
Standby Letter of Credit Sublimit means, at any time, an amount equal to $10,000,000 plus the amount available at such time to be drawn under the Fleet Takeout SLC, as such amount may be reduced pursuant to Section 2.05. The Standby Letter of Credit Sublimit is part of, and not in addition to, the Commitment.
Standby Letter of Credit Sublimit means (a) $6,000,000 from the Amendment No. 9 Effective Date through December 31, 2009, and (b) $4,010,000 at all times thereafter.
Standby Letter of Credit Sublimit means the limitation of One Million Dollars ($1,000,000) on the aggregate principal sum of all undrawn Standby Letters of Credit outstanding at given point in time.
Standby Letter of Credit Sublimit thereto in the appropriate alphabetical order, which shall read in full as follows:
Standby Letter of Credit Sublimit shall have the meaning assigned to such term in Section 2.1A hereof.”