Common use of 07Letter of Credit Amounts Clause in Contracts

07Letter of Credit Amounts. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.

07Letter of Credit Amounts. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect available to be drawn at such time; provided, however, provided that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document letter of credit agreement or application related thereto, provides for one or more automatic increases in the stated available amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect available to be drawn at such time.

07Letter of Credit Amounts. Unless otherwise specified hereinspecified, all references herein to the amount of a Letter of Credit at any time shall be deemed to be the stated amount Stated Amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document Documents related thereto, provides for one or more automatic increases in the stated amount Stated Amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount Stated Amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount Stated Amount is in effect at such time.. ​