Examples of US LC Sublimit in a sentence

Any termination of the U.S. Commitments below the U.S. L/C Sublimit then in effect shall reduce the U.S. L/C Sublimit by a like amount.
In the event of any increase in the U.S. Revolving Credit Commitments pursuant to this Section 2.1(b), the U.S. L/C Sublimit and the U.S. Swing Line Sublimit shall increase automatically pro rata on a percentage basis (i.e. any percentage increase in the aggregate amount of the U.S. Revolving Credit Commitments pursuant to this Section shall result in an equal percentage increase the U.S. Swing Line Sublimit and the U.S. L/C Sublimit).
The U.S. L/C Sublimit may be increased pursuant to Section 2.1(b).
Any reduction of the US Tranche A Loan Commitment shall not result in a pro rata or any other reduction of the US L/C Sublimit unless so designated in writing by US Borrower Representative or, unless the US Tranche A Loan Commitment is reduced below $25,000,000, of the Canadian Commitment.
A reduction of the U.S. Revolving Credit Commitments shall not require a corresponding pro rata reduction in the U.S. L/C Sublimit except as, and to the extent, provided in Section 2.5(b)(ii).

More Definitions of US LC Sublimit

US LC Sublimit means US $125,000,000.

US LC Sublimit means US $8,000,000.

US LC Sublimit means $25,000,000.

US LC Sublimit with "TRA US LC Sublimit", and (viii) replace each reference to "LC Collateral" with "TRA LC Collateral".

US LC Sublimit. $10.0 million, as such amount may be increased from time to time in accordance with Section 2.20 or Section 9.2(f).

US LC Sublimit means U.S. $75,000,000, as the same may be reduced or increased at any time or from time to time pursuant to the terms hereof.

US LC Sublimit means $24,000,000.