Unissued Letter of Credit Commitment means, with respect to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit for the account of the Borrower or its specified Subsidiaries in an amount equal to the excess of (a) the amount of its Letter of Credit Commitment over (b) the aggregate Available Amount of all Letters of Credit issued by such Issuing Bank.
Unissued Letter of Credit Commitment means, with respect to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit for the account of any Borrower or its specified Subsidiaries in an amount equal to the excess of (a) the amount of its Letter of Credit Commitment over (b) the aggregate Available Amount of all Letters of Credit issued by such Issuing Bank.
Unissued Letter of Credit Commitment means, with respect to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit for the account of any Borrower or its specified Subsidiaries in an amount equal to the excess of (a) the amount of its Letter of Credit Commitment over (b) the sum of (i) aggregate Available Amount of all Letters of Credit issued by such Issuing Bank and (ii) the aggregate outstanding principal amount of all Revolving Credit Advances made by each Issuing Bank pursuant to Section 2.4(c) that have not been ratably funded by the Lenders.
More Definitions of Unissued Letter of Credit Commitment
Unissued Letter of Credit Commitment means the US Unissued Letter of Credit Commitment.
Unissued Letter of Credit Commitment means the Unissued Tranche A Letter of Credit Commitment or the Unissued Tranche B Letter of Credit Commitment.
Unissued Letter of Credit Commitment with respect to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit for the account of any Borrower or its specified Subsidiaries in an amount equal to the excess of (a) the amount of its Letter of Credit Commitment over (b) the sum of (i) aggregate Available Letter of Credit Amount of all Letters of Credit issued by such Issuing Bank and (ii) the aggregate outstanding principal amount of all Revolving Credit Borrowings made by such Issuing Bank pursuant to subsection 2.3(c) that have not been ratably funded by the Lenders.
Unissued Letter of Credit Commitment means, with respect to any Issuing Bank, such Issuing Bank's Letter of Credit Commitment MINUS the aggregate Available Amount of all Letters of Credit issued by such Issuing Bank.
Unissued Letter of Credit Commitment means, with respect to any
Unissued Letter of Credit Commitment means, with respect to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit for the account of any Borrower or its specified Subsidiaries in an amount equal to the excess of (a) the amount of its Letter of Credit Commitment over (b) the sum of (i) aggregate Available Amount of all Letters of Credit issued by such Issuing Bank and (ii) the aggregate outstanding principal amount of all Revolving Credit Advances made by each Issuing Bank pursuant to Section 2.4(c) that have not been ratably funded by the Lenders. “United States” means the United States of America, including the States and the District of Columbia, but excluding its territories and possessions. “Unpaid Settlement Costs” means Settlement Costs that have not been paid. “Unused Additional Currency Facility Commitment” means, with respect to any Additional Currency Facility Lender of any Additional Currency Facility at any time, the lesser of (a) such Lender’s Additional Currency Facility Commitment at such time under the applicable Additional Currency Facility minus the aggregate principal amount of all Additional Currency Facility Advances made by such Lender and outstanding at such time under the applicable Additional Currency Facility and (b) such Lender’s (or such Xxxxxx’s Affiliate’s) Unused Revolving Credit Commitment at such time. “Unused Australian Commitment” means, with respect to any Australian Lender at any time, the lesser of (a) such Xxxxxx’s Australian Commitment at such time minus the aggregate principal amount of all Australian Advances made by such Xxxxxx and outstanding at such time and (b) such Xxxxxx’s (or such Xxxxxx’s Affiliate’s) Unused Revolving Credit Commitment at such time. “Unused Canadian Commitment” means, with respect to any Canadian Lender at any time, the lesser of (a) such Xxxxxx’s Canadian Commitment at such time minus the aggregate principal amount of all Canadian Advances made by such Xxxxxx and outstanding at such time and (b) such Xxxxxx’s (or such Xxxxxx’s Affiliate’s) Unused Revolving Credit Commitment at such time. “Unused Revolving Credit Commitment” means, with respect to each Revolving Credit Lender at any time, (a) such Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Credit Advances made by such Lender (in its capacity as a Lender and not as an Issuing Bank) and outstanding at such time, determined for Advances denominated in any Committed Currency ...
Unissued Letter of Credit Commitment means, (a) with respect to any US Issuing Bank, the obligation of such US Issuing Bank to issue US Letters of Credit for the account of any Borrower in an amount equal to the excess of (i) the amount of its Letter of Credit Commitment minus (ii) the aggregate Available Amount of all US Letters of Credit issued by such US Issuing Bank; or (b) with respect to any Multicurrency Issuing Bank, the obligation of such Multicurrency Issuing Bank to issue Multicurrency Letters of Credit for the account of any Sealed Air — Credit Agreement Borrower in an amount equal to the excess of (i) the amount of its Letter of Credit Commitment minus (ii) the aggregate Available Amount of all Multicurrency Letters of Credit issued by such Multicurrency Issuing Bank.