Limit on Credit Support Instruments. WIL-Ireland shall not permit the aggregate amount of all obligations (contingent or otherwise) of WIL-Ireland and its Restricted Subsidiaries with respect to letters of credit, bank guarantees, bid bonds, surety bonds, performance bonds, customs bonds, advance payment bonds and similar instruments (including Letters of Credit issued pursuant to this Agreement) to exceed $1,000,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Weatherford International PLC), Credit Agreement (Weatherford International PLC)
Limit on Credit Support Instruments. WIL-Ireland shall not permit the aggregate amount of all obligations (contingent or otherwise) of WIL-Ireland and its Restricted Subsidiaries with respect to letters of credit, bank guarantees, bid bonds, surety bonds, performance bonds, customs bonds, advance payment bonds and similar instruments (including Letters letters of Credit credit issued pursuant to this the RCF Credit Agreement) to exceed $1,000,000,000.
Appears in 1 contract
Samples: Day Revolving Credit Agreement (Weatherford International PLC)
Limit on Credit Support Instruments. WIL-Ireland shall not permit the aggregate amount of all obligations (contingent or otherwise) of WIL-Ireland and its Restricted Subsidiaries with respect to letters of credit, bank guarantees, bid bonds, surety bonds, performance bonds, customs bonds, advance payment bonds and similar instruments (including Letters letters of Credit credit issued pursuant to this the Revolving Credit Agreement) to exceed $1,000,000,000.
Appears in 1 contract
Samples: Term Loan Agreement (Weatherford International PLC)