LC Individual Sublimit definition

LC Individual Sublimit means, with respect to any Issuing Bank, an amount equal to (a) with respect to Letters of Credit issued by the Issuing Banks as of the Closing Date, the respective amounts set forth on the Commitment Schedule, and (b) with respect to Letters of Credit issued by any other Issuing Bank, the amount agreed to by the Issuing Bank and the Borrower Representative upon notice to the Administrative Agent, in each case, as such amount may be increased for an Issuing Bank as agreed to by such Issuing Bank and the Borrower Representative upon notice to the Administrative Agent.
LC Individual Sublimit means, with respect to any Issuing Bank, an amount equal to (a) with respect to Commercial Letters of Credit and Standby Letters of Credit issued by the Issuing Banks designated as such on the Effective Date, the amount set forth on the Commitment Schedule, and (b) with respect to Commercial Letters of Credit and Standby Letters of Credit issued by any other Issuing Bank designated as such by the Borrower Representative following the Effective Date, the amount agreed to by the Issuing Bank and the Borrower Representative with the approval of the Administrative Agent, in each case under this definition, as such amount may be increased for an Issuing Bank as agreed to by such Issuing Bank and the Borrower Representative with notice to the Administrative Agent.
LC Individual Sublimit means, with respect to any Issuing Bank, an amount equal to (a) with respect to Letters of Credit issued by the Issuing Banks as of the Closing Date, the respective amounts set forth on the Commitment Schedule, and (b) with respect to Letters of Credit issued by any other Issuing Bank, the amount agreed to by the Issuing Bank and the Borrower Representative upon notice to the Administrative Agent, in each case, as such amount may be increased for an Issuing Bank as agreed to by such Issuing Bank and the Borrower Representative upon notice to the Administrative Agent. “Lenders” means the Persons listed on the Commitment Schedule and any other Person that shall have become a Lender hereunder pursuant to Section 2.09 or an Assignment and Assumption, other than any such Person that ceases to be a Lender hereunder pursuant to an Assignment and Assumption. Unless the context otherwise requires, the term “Lenders” includes the Swingline Lender and the Issuing Bank. “Letter of Credit Fees” has the meaning assigned to such term in Section 2.12(b).

More Definitions of LC Individual Sublimit

LC Individual Sublimit means (a) $10,000,000 for Barclays, in its capacity as an Issuing Bank, (b) $25,000,000 for Bank of America N.A. in its capacity as an Issuing Bank, (c) $5,000,000 for Canadian Imperial Bank of Commerce, New York Branch in its capacity as an Issuing Bank, (d) $5,000,000 for Citizens Bank in its capacity as an Issuing Bank, (e) $15,000,000 for HSBC Bank USA, National Association in its capacity as an Issuing Bank, (f) $20,000,000 for The Bank of Nova Scotia in its capacity as an Issuing Bank, (g) $5,000,000 for Fifth Third Bank, National Association in its capacity as an Issuing Bank, (h) $5,000,000 for PNC Bank, National Association, in its capacity as an Issuing Bank, (i) $5,000,000 for TD Bank, N.A., in its capacity as an Issuing Bank, (j) $5,000,000 for U.S. Bank National Association in its capacity as an Issuing Bank, (k) $40,000,000 for Xxxxx Fargo Bank, National Association in its capacity as an Issuing Bank, (l) $5,000,000 for Citibank, N.A., in its capacity as an Issuing Bank, (m) $5,000,000 for Xxxxxxx Xxxxx Bank USA, in its capacity as an Issuing Bank, and (n) with respect to any other Issuing Bank, such amount agreed to by the Borrowers and such Issuing Bank; provided that, at the request of the Borrowers, any Issuing Bank may, in its sole discretion, without the necessity of obtaining the consent of the Administrative Agent or any Lender, elect to increase its LC Individual Sublimit in an amount not to exceed the Revolving Commitment of the applicable Lender so long as after giving effect to such increase, the aggregate LC Individual Sublimit of all Issuing Banks does not exceed the LC Aggregate Maximum Amount; provided, further that the foregoing sublimits apply to the applicable Lender and its Affiliates.
LC Individual Sublimit means, with respect to any Issuing Bank, an amount equal to (a) with respect to Letters of Credit issued by the Issuing Banks as of the Restatement Effective Date, the respective amounts set forth on the Commitment Schedule, and (b) with respect to Letters of Credit issued by any other Issuing Bank, the amount agreed to by the Issuing Bank and the Borrower Representative upon notice to the Administrative Agent, in each case, as such amount may be increased for an Issuing Bank as agreed to by such Issuing Bank and the Borrower Representative upon notice to the Administrative Agent.
LC Individual Sublimit means (a) $5,000,000 for Barclays, in its capacity as an Issuing Bank, (b) 15,000,000 for Bank of America N.A. in its capacity as an Issuing Bank, (c) $5,000,000 for Canadian Imperial Bank of Commerce, New York Branch in its capacity as an Issuing Bank, (d) $5,000,000 for Citizens Bank in its capacity as an Issuing Bank, (e) $10,000,000 for HSBC Bank USA, National Association in its capacity as an Issuing Bank, (f) $5,000,000 for JPMorgan Chase Bank, N.A., in its capacity as an Issuing Bank, (g) $20,000,000 for The Bank of Nova Scotia in its capacity as an Issuing Bank, (h) $5,000,000 for Fifth Third Bank, National Association in its capacity as an Issuing Bank, (i) $5,000,000 for PNC Bank, National Association, in its capacity as an Issuing Bank, (j) $5,000,000 for TD Bank, N.A., in its capacity as an Issuing Bank, (k) $5,000,000 for U.S. Bank National Association in its capacity as an Issuing Bank, (l) $40,000,000 for Xxxxx Fargo Bank, National Association in its capacity as an Issuing Bank, and (m) with respect to any other Issuing Bank, such amount agreed to by the Borrowers and such Issuing Bank; provided that, at the request of the Borrowers, any Issuing Bank may, in its sole discretion, without the necessity of obtaining the consent of the Administrative Agent or any Lender, elect to increase its LC Individual Sublimit in an amount not to exceed the Revolving Commitment of the applicable Lender so long as after giving effect to such increase, the aggregate LC Individual Sublimit of all Issuing Banks does not exceed the LC Aggregate Maximum Amount; provided, further that the foregoing sublimits apply to the applicable Lender and its Affiliates.
LC Individual Sublimit means (a) $30,000,000 for JPMorgan Chase Bank, N.A., in its capacity as an Issuing Bank, (b) $30,000,000 for Bank of America, N.A., in its capacity as an Issuing Bank, (c) $10,000,000 for HSBC Bank USA, National Association, in its capacity as an Issuing Bank, (d) $5,000,000 for Bank of Nova Scotia, in its capacity as an Issuing Bank and (e) with respect to any other Issuing Bank, such amount agreed to by the Borrowers and such Issuing Bank; provided that, at the request of the Borrowers, any Issuing Bank may, in its sole discretion, without the necessity of obtaining the consent of the Administrative Agents or any Lender, elect to increase its LC Individual Sublimit in an amount not to exceed the Revolving Commitment of the applicable Lender so long as after giving effect to such increase, the aggregate LC Individual Sublimit of all Issuing Banks does not exceed the LC Aggregate Maximum Amount.
LC Individual Sublimit means (a) $4,000,000 for JPMorgan Chase Bank, N.A., in its capacity as an Issuing Bank, (b) $9,000,000 for Bank of America, N.A., in its capacity as an Issuing Bank, (c) $7,500,000 for HSBC Bank USA, National Association, in its capacity as an Issuing Bank, (d) $13,500,000 for Bank of Nova Scotia, in its capacity as an Issuing Bank, (e) $4,000,000 for PNC Bank, National Association in its capacity as an Issuing Bank, (f) $4,000,000 for U.S. Bank, National Association in its capacity as an Issuing Bank, (g) $4,000,000 for Xxxxx Fargo Bank, National Association in its capacity as an Issuing Bank, (h) $4,000,000 for TD Bank, N.A. in its capacity as an Issuing Bank, and (i) with respect to any other Issuing Bank, such amount agreed to by the Borrowers and such Issuing Bank; provided that, at the request of the Borrowers, any Issuing Bank may, in its sole discretion, without the necessity of obtaining the consent of the Administrative Agents or any Lender, elect to increase its LC Individual Sublimit in an amount not to exceed the Revolving Commitment of the applicable Lender so long as after giving effect to such increase, the aggregate LC Individual Sublimit of all Issuing Banks does not exceed the LC Aggregate Maximum Amount.
LC Individual Sublimit means, with respect to any Issuing Bank, an amount equal to (a) with respect to Commercial Letters of Credit and Standby Letters of Credit issued by the Issuing Banks as of the Effective Date, the respective amounts set forth on the Commitment Schedule, and (b) with respect to Commercial Letters of Credit and Standby Letters of Credit issued by any other Issuing Bank, the amount agreed to by the Issuing Bank and the Borrower Representative upon notice to the Administrative Agent, in each case, as such amount may be increased for an Issuing Bank as agreed to by such Issuing Bank and the Borrower Representative upon notice to the Administrative Agent.
LC Individual Sublimit means, with respect to any Issuing Bank, an amount equal to (a) with respect to Letters of Credit issued by the Issuing Banks as of the Closing Date, the respective amounts set forth on the Commitment Schedule, and (b) with respect to Letters of Credit issued by any other Issuing Bank, the amount agreed to by the Issuing Bank and the Borrower Representative upon notice to the Administrative Agent, in each case, as such amount may be increased for an Issuing Bank as agreed to by such Issuing Bank and the Borrower Representative upon notice to the Administrative Agent. “Lenders” means the Persons listed on the Commitment Schedule and any other Person that shall have become a Lender hereunder pursuant to Section 2.09 or an Assignment and Assumption, other than any such Person that ceases to be a Lender hereunder pursuant to an Assignment and Assumption. Unless the context otherwise requires, the term “Lenders” includes the Swingline Lender and the Issuing Bank. “Letter of Credit Fees” has the meaning assigned to such term in Section 2.12(b). “Letters of Credit” has the meaning assigned to such term in Section 2.06, and the term “Letter of Credit” means any one of them or each of them singularly, as the context may require. “Lien” means, with respect to any asset, any mortgage, lien, pledge, hypothecation, charge, security interest or similar encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any conditional sale or other title retention agreement or any lease in the nature thereof); provided that in no event shall an operating lease or an agreement to sell be deemed to constitute a Lien. “Loan Documents” means, collectively, this Agreement, any promissory notes issued pursuant to this Agreement, any Letter of Credit applications, the Collateral Documents, the Loan Guaranty, the Intercompany Subordination Agreement, each Compliance Certificate, the Fee Letter, the First Amendment Fee Letter, any Borrowing Base Certificate, any promissory notes issued hereunder, and any and all other instruments, agreements, documents and writings executed in connection with the foregoing