UK Borrower Sublimit definition

UK Borrower Sublimit means an amount equal to the lesser of the Aggregate Revolving B Commitments and $30,000,000. The UK Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving B Commitments.
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UK Borrower Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $200,000,000. The U.K. Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.
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UK Borrower Sublimit means an amount equal to the lesser of the Aggregate Commitments and the Dollar Equivalent of $250,000,000. The UK Borrower Sublimit is part of, and not in addition to, the Aggregate Commitments. If the UK Borrower ceases to be a direct or indirect Wholly-Owned Subsidiary of the Company this sublimit shall be, automatically and without notice, reduced to $0.00 at time.
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Examples of UK Borrower Sublimit in a sentence

  • For the avoidance of doubt, Swing Line Loans made to the U.K. Borrower shall be made under the U.K. Borrower Sublimit, Swing Line Loans made to the Designated Borrowers shall be made under the Designated Borrower Sublimit and Swing Line Loans made to the Company shall be made under the Revolving Credit Facility.

  • For the avoidance of doubt, notwithstanding any other provisions set forth herein, (i) the U.K. Borrower shall only be required to provide Cash Collateral hereunder on account of Letters of Credit issued under the U.K. Borrower Sublimit (if any) and (ii) the Designated Borrowers shall only be required to provide Cash Collateral hereunder on account of Letters of Credit issued under the Designated Borrower Sublimit (if any).

  • Xxxxxxxx Title: Senior Vice President FIRST AMENDMENT TO CREDIT AGREEMENT Annex A Credit Agreement ANNEX A CREDIT AGREEMENT Dated as of July 17, 2013 among FTD COMPANIES, INC., as the Company and a Borrower and INTERFLORA BRITISH UNIT, as the UK Borrower subject to the UK Borrower Sublimit, CERTAIN SUBSIDIARIES OF FTD COMPANIES, INC.

  • The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, the Swingline Sublimit, the Alternate Currency Sublimit, the UK Borrower Sublimit, the Alternate Currency LC Sublimit or the Aggregate Commitments under this Section 2.04.

  • The UK Borrower Sublimit is part of, and not in addition to, the Revolving Credit Facility.

  • The definition of “UK Borrower Sublimit” shall be amended and restated in its entirety as follows: “ UK Borrower Sublimit ” means an amount equal to the lesser of the AggregateCommitments of all Revolving Credit Lenders in respect of the Revolving Credit Facility and£30,000,000.

  • The Administrative Agent will promptly notify the Lenders of any termination or reduction of the L/C Sublimit, Swingline Sublimit, the Alternative Currency Sublimit, the German Borrower Sublimit, the Spanish Borrower Sublimit, the UK Borrower Sublimit or the Revolving Credit Commitment under this Section 2.06.

  • The UK Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving B Commitments.


More Definitions of UK Borrower Sublimit

UK Borrower Sublimit shall have the meaning set forth in Section 2.1(a).
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UK Borrower Sublimit means an amount equal to Thirty Million Dollars ($30,000,000) (determined in an equivalent amount in Dollars for each Loan denominated in Alternative Currency).
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Related to UK Borrower Sublimit

  • L/C Sublimit has the meaning ascribed to it in Annex B.

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Revolving Commitments and $200,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

  • LC Sublimit means $500,000,000.

  • Swingline Sublimit means an amount equal to the lesser of (a) $15,000,000 and (b) the Revolving Facility. The Swingline Sublimit is part of, and not in addition to, the Revolving Facility.

  • Letter of Credit Sublimit means an amount equal to the lesser of (a) $100,000,000 and (b) the Aggregate Commitments. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Issuing Bank Sublimit means, as of the Effective Date, (i) $2,500,000, in the case of Chase and (ii) in the case of any other Issuing Bank, such amount as shall be designated to the Administrative Agent and the Borrower in writing by such Issuing Bank; provided that any Issuing Bank shall be permitted at any time to increase or reduce its Issuing Bank Sublimit upon providing five (5) days’ prior written notice thereof to the Administrative Agent and the Borrower.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Canadian Borrowing Base means at any time an amount equal to the sum of the Dollar Equivalent of, without duplication:

  • Sublimit means the aggregate amount of Warehousing Advances (expressed as a dollar amount or as a percentage of the Warehousing Commitment Amount) that is permitted to be outstanding at any one time against a specific type of Eligible Loan.

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Foreign Currency Sublimit means $100,000,000.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Swing Line Sublimit means an amount equal to the lesser of (a) $25,000,000 and (b) the Aggregate Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Maximum line current means the root-mean-square current in the supply line of an x-ray machine operating at its maximum rating.

  • Canadian Commitment means the obligation of the Canadian Lender to (a) make Canadian Loans to the Canadian Borrowers and (b) issue Canadian Letters of Credit for the account of the Canadian Borrowers pursuant to Section 2.03, in an aggregate principal amount at any one time outstanding not to exceed C$15,000,000, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Canadian Revolving Commitment means, with respect to each Revolving Lender, the commitment, if any, of such Revolving Lender to make Canadian Revolving Loans hereunder up to the amount set forth on Schedule I to the Lender Addendum executed and delivered by such Lender or in the Assignment and Assumption pursuant to which such lender assumed its Canadian Revolving Commitment. The Canadian Revolving Commitment of each Revolving Lender is a sub-commitment of its Revolving Commitment and, as such, may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Revolving Lender pursuant to Section 11.04. The aggregate amount of the Lenders’ Canadian Revolving Commitments on the Closing Date is $40 million.

  • Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.