Stated Amounts definition

Stated Amounts means, (i) with respect to any Letter of Credit issued in Dollars, the stated or face amount of such Letter of Credit to the extent available at the time for drawing (subject to presentment of all requisite documents), and (ii) with respect to any Letter of Credit issued in any currency other than Dollars, the Assigned Dollar Value of the stated or face amount of such Letter of Credit to the extent available at the time for drawing (subject to presentment of all requisite documents), in either case, as the same may be increased or decreased from time to time in accordance with the terms of such Letter of Credit. For purposes of calculating the Stated Amount of any Letter of Credit at any time:

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Stated Amounts means with respect to any Letter of Credit, the stated or face amount of such Letter of Credit to the extent available at the time for drawing (subject to presentment of all requisite documents), as the same may be increased or decreased from time to time in accordance with the terms of such Letter of Credit.

Stated Amounts means with respect to any Letter of Credit the stated or face amount of such Letter of Credit to the extent available at the time for drawing (subject to presentment of all requisite documents), as the same may be increased or decreased from time to time in accordance with the terms of such Letter of Credit. For purposes of calculating the Stated Amount of any Letter of Credit at any time:

Examples of Stated Amounts in a sentence

• B The Manager has arranged for the Redraw Facility Provider to provide the Trustee with the Redraw Facility under which loans of up to 2% of the sum of the aggregate of the Stated Amounts of the Notes may be made available to the Trustee.

• Each reduction in the Stated Amounts shall be made ratably among the Purchasers in accordance with their respective Stated Amounts.

• On any Distribution Date occurring during an Early Amortization Period with respect to the Series 1996-1 Certificates on or after the date that the Invested Amount is reduced to ten percent or less of the sum of the initial Stated Amounts for the Certificates, Transferor shall have the option to redeem the Series 1996-1 Series Interest.

• The Certificates shall be issuable only in registered form and only in the Stated Amounts of a single Corporate Unit or Treasury Unit and any integral multiple thereof.

• For the purpose of any such quarterly payment, the fee will be determined based upon the aggregate Stated Amounts of the Letters of Credit outstanding on such payment date without regard to any reductions to the Stated Amounts of the Letters of Credit outstanding occurring during such fiscal quarter.

• The Facing Bank shall report to the Agent which shall report to the Lenders monthly any change in the Stated Amount of any Letter of Credit, the aggregate Stated Amounts of all Letters of Credit then outstanding and such other information concerning the Letters of Credit as a Lender shall reasonably request.

• If on the date the Commitments are terminated (whether voluntarily, by reason of the occurrence of an Event of Default or otherwise), there are any Letters of Credit outstanding hereunder, the Borrower shall, on such date, pay to the Agent an amount of money equal to the aggregate amount of the Stated Amounts of such Letter(s) of Credit for deposit into the Letter of Credit Collateral Account.

• Such adjusted Letter of Credit Schedule or new Letter of Credit shall reflect the L/C Stated Amounts of the Banks after the application of paragraph (a) above.

• The obligation of the Bank to make available to the Borrower an amount which, when added to the aggregate Stated Amounts of all Letters of Credit, plus any Unreimbursed L/C Draws on Letters of Credit which have not yet been converted to Revolving Credit Loans, does not exceed $15,000,000.00.

• Subject to the terms of this Agreement, the Banks make available to the Borrower a U.S. Dollar, Australian Dollar and New Zealand Dollar letter of credit facility in an aggregate amount equal to the Total Stated Amounts, provided that the facility shall only be made available by the Banks to the Borrower on an uncommitted basis and at each Bank’s sole discretion.

More Definitions of Stated Amounts

Stated Amounts with respect to any Letter of Credit issued in Dollars, the stated or face amount of such Letter of Credit to the extent available at the time for drawing (subject to presentment of all requisite documents), as the same may be increased or decreased from time to time in accordance with the terms of such Letter of Credit.

Stated Amounts means, (i) with respect to any Letter of Credit issued in Dollars, the stated or face amount of such Letter of Credit to the extent available at the time for drawing (subject to presentment of all requisite documents), and (ii) with respect to any Letter of Credit issued in Euro, the Assigned Dollar Value of the stated or face amount of such Letter of Credit to the extent available at the time for drawing (subject to presentment of all requisite documents), in either case, as the same may be increased or decreased from time to time in accordance with the terms of such Letter of Credit. For purposes of calculating the Stated Amount of any Letter of Credit at any time:

Stated Amounts means with respect to any Letter of Credit issued in Dollars, the maximum stated ------------- -------------- or face amount of such Letter of Credit (to the extent not previously permanently reduced) available at any time prior to the expiration of such Letter of Credit for drawing (subject to presentment of all requisite documents), as the same may be increased or decreased from time to time in accordance with the terms of such Letter of Credit. For purposes of calculating the Stated Amount of any Letter of Credit at any time:

Stated Amounts means (i) with respect to any Letter of Credit issued in U.S. Dollars, the stated or face amount of such Letter of Credit to the extent available at the time for drawing (subject to presentment of all requisite documents), and (ii) with respect to any Letter of Credit issued in any currency other than U.S. Dollars, the U.S. Dollar Equivalent of the stated or face amount of such Letter of Credit to the extent available at the time for drawing (subject to presentment of all requisite documents), in either case as the same may be increased or decreased from time to time in accordance with the terms of such Letter of Credit.

Stated Amounts mean with respect to any Lender Guaranty, the stated or face amount of such Lender Guaranty to the extent available at the time for drawing (subject to presentment of all requisite documents), as such may be increased or decreased from time to time in accordance with the terms of such Lender Guaranty.

Stated Amounts means (i) with respect to any Multicurrency Letter of Credit issued in Dollars, the stated or face amount of such Letter of Credit (to the extent) available at the time for drawing (subject to presentment of all requisite documents), and (ii) with respect to any Letter of Credit issued in any currency other than Dollars, the Dollar Equivalent of the stated or face amount of such Letter of Credit (to the extent) available at the time for drawing (subject to presentment of all requisite documents), in either case as the same may be increased or decreased from time to time in accordance with the terms of such Letter of Credit. For purposes of calculating the Stated Amount of any Letter of Credit at any time: any increase in the Stated Amount of any Letter of Credit by reason of any amendment to any Letter of Credit shall be deemed effective under this Agreement as of the date Facing Agent actually issues an amendment purporting to increase the Stated Amount of such Letter of Credit, whether or not Facing Agent receives the consent of the Letter of Credit beneficiary or beneficiaries to the amendment, except that if a Borrower has required that the increase in Stated Amount be given effect as of an earlier date and Facing Agent issues an amendment to that effect, then such increase in Stated Amount shall be deemed effective under this Agreement as of such earlier date requested by such Borrower; and any reduction in the Stated Amount of any Letter of Credit by reason of any amendment to any Letter of Credit shall be deemed effective under this Agreement as of the later of (x) the date Facing Agent actually issues an amendment purporting to reduce the Stated Amount of such Letter of Credit, whether or not the amendment provides that the reduction be given effect as of an earlier date, or (y) the date Facing Agent receives the written consent (including by authenticated telex, cable, SWIFT messages or facsimile transmission with, in the case of a facsimile transmission, a follow-up original hard copy)) of the Letter of Credit beneficiary or beneficiaries to such reduction, whether written consent must be dated on or after the date of the amendment issued by Facing Agent purporting to effect such reduction.