Sublimit A definition
Examples of Sublimit A in a sentence
The sub-limits set out in the Transaction Criteria (Sub-limit A, Sub-limit B and Sub-limit C) will apply to the issue of Trade LCs. The Trade Finance Facility may not be drawn in cash.
Mortgage Loans that initially are funded under Sublimit B are not charged twice when subsequently funded under Sublimit A or Sublimit E.
SCHEDULE 1 TRANSACTION CRITERIA Criterion Sublimit A Sublimit B Sublimit C General Compliance with Transaction Criteria generally to be determined by Fronting Banks, with any material deviations to be approved by the Majority Participants.
SCHEDULE 1 TRANSACTION CRITERIA3 Criterion Sub-limit A Sub-limit B Sub-limit C General Compliance with Transaction Criteria generally to be determined by Fronting Banks, with any material deviations to be approved by the Majority Participants.
Lender agrees at any time and from time to time during the Advance Period, to make Sublimit A Advances to Borrower in an aggregate principal amount which, (i) when added to the aggregate principal amount of all other Sublimit A Advances does not exceed the maximum amount of Sublimit A, or (ii) when added to the aggregate principal amount of all other then outstanding Advances does not exceed the Commitment.
Each Occurrence $3,000,000, Network Security / Privacy Liability $3,000,000 Breach Response/ Notification Sublimit A minimum limit of 50% of the policy aggregate Technology Professional E&O $3,000,000 (Only applicable for Vendors supplying IT consulting services).
The outstanding amount of Sublimit A Advances shall be deemed to constitute Advances for the purpose of calculating availability under the Committed Revolving Line.
If the aggregate amount of the outstanding Advances exceeds the lesser of (i) the Committed Revolving Line or (ii) with respect to Advances other than Sublimit A Advances, the Take-Out Advance or the Equipment Advances, the Borrowing Base at any time, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
The maximum liability in the event of claim shall be restricted to limit under Sublimit A or Sublimit B (if applicable) or Sum Insured whichever is lower as specified in the Policy Schedule.
Biosphere Loan Sublimit A sublimit of the Revolving Commitment Amount equal to $2,000,000, as such amount may be reduced from time to time pursuant to Section 2.3.