Foreign Exchange Sublimit definition

Foreign Exchange Sublimit means a sublimit for foreign exchange contracts under the Revolving Line, subject to the availability under the Revolving Line and the Borrowing Base, in an aggregate amount not to exceed $1,000,000 less, in each case, any amounts outstanding under the Letter of Credit Sublimit and the Cash Management Sublimit.

Foreign Exchange Sublimit means a sublimit for FX Contracts under the Revolving Line not to exceed Five Hundred Thousand Dollars ($500,000), minus any amounts outstanding under the ACH Sublimit and the Letter of Credit Sublimit.

Foreign Exchange Sublimit means a sublimit for foreign exchange contracts under the Revolving Line not to exceed Two Million Five Hundred Thousand Dollars ($2,500,000).

Examples of Foreign Exchange Sublimit in a sentence

• The unused portion of the Revolving Line, for the purposes of this calculation, shall include amounts reserved under the Cash Management Services Sublimit for products provided and under the Foreign Exchange Sublimit for FX Forward Contracts.

• The FX Amount shall at all times be equal to or less than the Foreign Exchange Sublimit.

• If at any time the Revolving Facility is terminated or otherwise ceases to exist, Borrower shall immediately secure in cash all obligations under the Foreign Exchange Sublimit on terms acceptable to Bank.

• If at any time the Revolving Facility is terminated or otherwise ceases to exist, Borrower shall promptly secure in cash all obligations under the Foreign Exchange Sublimit on terms reasonably acceptable to Bank.

• Pertaining to Deletion of Letters of Credit Sublimit, Foreign Exchange Sublimit and Cash Management Services Sublimit.

More Definitions of Foreign Exchange Sublimit

Foreign Exchange Sublimit means Two Hundred Fifty Thousand Dollars ($250,000.00).

Foreign Exchange Sublimit means Ten Million Dollars ($10,000,000).

Foreign Exchange Sublimit means, as of any applicable date of determination, a sublimit for foreign exchange contracts under the Revolving Line not to exceed an aggregate amount of Five Hundred Thousand Dollars ($500,000), minus the total amounts outstanding on such date of determination under the Letter of Credit Sublimit and the Credit Card Services Sublimit.

Foreign Exchange Sublimit means Twenty Million Dollars ($20,000,000).’

Foreign Exchange Sublimit means Two Hundred Fifty Thousand Dollars ($250,000.00). "Letter of Credit Sublimit" means Two Hundred Thousand Dollars ($200,000.00).

Foreign Exchange Sublimit means a sublimit for foreign exchange contracts under the Revolving Line, subject to the availability under the Revolving Line and the Borrowing Base, in an aggregate amount not to exceed $1,000,000 less any amounts outstanding under the Letter of Credit Sublimit.

Foreign Exchange Sublimit is an amount equal to Two Million Dollars ($2,000,000).