Common use of Limitations on Amounts, Issuance and Amendment Clause in Contracts

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 10 contracts

Samples: Credit Agreement (Bowman Consulting Group Ltd.), Credit Agreement (Powell Industries Inc), Credit Agreement (Ligand Pharmaceuticals Inc)

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Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall may be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xi) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziii) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving Commitments.

Appears in 9 contracts

Samples: Credit Agreement (BGC Group, Inc.), Credit Agreement (Newmark Group, Inc.), Credit Agreement (Newmark Group, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving Credit Commitments.

Appears in 7 contracts

Samples: Credit Agreement (Envista Holdings Corp), Credit Agreement (Vontier Corp), Credit Agreement (Fortive Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 7 contracts

Samples: Credit Agreement (Apogee Enterprises, Inc.), Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 5 contracts

Samples: Credit Agreement (Digital Turbine, Inc.), Credit Agreement (Digital Turbine, Inc.), Credit Agreement (Digital Turbine, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 5 contracts

Samples: Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Aggregate Revolving Commitments.

Appears in 5 contracts

Samples: Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Bandwidth Inc.), Credit Agreement (Duluth Holdings Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Representative shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 4 contracts

Samples: Credit Agreement (Smith & Wesson Brands, Inc.), Credit Agreement (Smith & Wesson Brands, Inc.), Credit Agreement (Smith & Wesson Brands, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving Commitments.

Appears in 4 contracts

Samples: Credit Agreement (Shutterstock, Inc.), Credit Agreement (Halozyme Therapeutics, Inc.), Credit Agreement (Tandem Diabetes Care Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the applicable Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment and (ziv) the Total Revolving Exposure Credit Outstandings shall not exceed the total Aggregate Revolving Credit Commitments.

Appears in 4 contracts

Samples: Credit Agreement (Highwoods Realty LTD Partnership), Credit Agreement (Highwoods Realty LTD Partnership), Credit Agreement (Highwoods Realty LTD Partnership)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Credit, Ryder shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Domestic Revolving Credit Exposure of any Domestic Lender shall not exceed its Revolving Commitment such Domestic Lender’s Domestic Commitment, and (zD) the Total Revolving Exposure Domestic Outstandings shall not exceed the total Revolving Aggregate Domestic Commitments.

Appears in 3 contracts

Samples: Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the applicable Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total Revolving Credit Exposure shall not exceed the total Revolving Commitments.

Appears in 3 contracts

Samples: Credit Agreement (Atmus Filtration Technologies Inc.), Credit Agreement (Atmus Filtration Technologies Inc.), Credit Agreement (Cummins Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total aggregate Revolving Credit Exposure shall not exceed the total Revolving Commitments.

Appears in 3 contracts

Samples: Credit Agreement (Fox Factory Holding Corp), Credit Agreement (Fox Factory Holding Corp), Credit Agreement (Fox Factory Holding Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment and (z) the Total Revolving Credit Exposure shall not exceed the total Revolving CommitmentsCredit Facility.

Appears in 3 contracts

Samples: Credit Agreement (Carriage Services Inc), Credit Agreement, Credit Agreement (Carriage Services Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Revolving Lender shall not exceed its Revolving Commitment and Commitment, (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving CommitmentsCommitments and (v) the Total Revolving Outstandings shall not exceed the Revolving Advance Limit.

Appears in 3 contracts

Samples: Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xi) the aggregate L/C Obligations shall not exceed the Letter of Credit Sublimit, (ii) the aggregate Outstanding Amount of the Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Sublimit, (y) the Revolving Exposure of any Lender Obligations shall not exceed its Revolving Commitment such Lender’s Commitment, and (ziii) the Total Revolving Exposure Outstandings shall not exceed the total Revolving CommitmentsMaximum Availability.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Invesco Real Estate Income Trust Inc.), Revolving Credit Agreement (Invesco Real Estate Income Trust Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wx) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xy) the aggregate L/C Obligations shall not exceed the L/C Sublimit, Sublimit and (yz) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving CommitmentsCommitment.

Appears in 2 contracts

Samples: Credit Agreement (Comscore, Inc.), Credit Agreement (Comscore, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving Credit Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Halozyme Therapeutics, Inc.), Credit Agreement (Rite Aid Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment and (ziv) the Total sum of the total Revolving Exposure Credit Exposures shall not exceed the total Revolving Credit Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Leonardo DRS, Inc.), Credit and Term Loan Agreement (Black Creek Diversified Property Fund Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the applicable Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer any Issuing Bank shall not exceed its Letter of Credit Individual Sublimit, (ii) the aggregate Revolving L/C Commitment, (x) the aggregate L/C Obligations Exposure shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Facility Credit Exposure of any Revolving Facility Lender shall not exceed its Revolving Facility Commitment and (ziv) the Total total Revolving Exposure Facility Credit Exposures shall not exceed the total Revolving Facility Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Barnes Group Inc), Credit Agreement (Barnes Group Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Lender Credit Exposure of any Lender shall not exceed its Revolving such Lender’s Commitment and (ziv) the Total Revolving Exposure total Lender Credit Exposures of all Lenders shall not exceed the total Revolving CommitmentsCommitments of all Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Mercury General Corp), Credit Agreement (Mercury General Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xi) the aggregate L/C Obligations shall not exceed the applicable L/C Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving Commitments.. An Issuing Bank shall not be under any obligation to issue any Letter of Credit if:

Appears in 2 contracts

Samples: Credit Agreement (Power Solutions International, Inc.), Credit Agreement (Power Solutions International, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Credit Exposure of any Revolving A Lender shall not exceed its Revolving A Commitment and (z) the Total aggregate Revolving Credit Exposure shall not exceed the total aggregate Revolving Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit Credit, the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its such L/C Issuer’s L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment such Lender’s Commitment, and (z) the Total Revolving Exposure Outstandings shall not exceed the total Revolving Aggregate Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Perkinelmer Inc), Credit Agreement (Perkinelmer Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total aggregate Revolving Credit Exposure shall not exceed the total aggregate Revolving Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Borrowers shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Aggregate Revolving Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Hecla Mining Co/De/), Credit Agreement (Hecla Mining Co/De/)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xi) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yii) the Revolving Exposure Credit Exposures of any Lender shall not exceed its Revolving Commitment and (ziii) the Total total Revolving Exposure Credit Exposures shall not exceed the lesser of (x) total Revolving Commitments.Commitments and (y) the Borrower’s Borrowing Base as defined in Article I. An Issuing Bank shall not be under any obligation to issue any Letter of Credit if:

Appears in 2 contracts

Samples: Credit Agreement (SWK Holdings Corp), Credit Agreement (SWK Holdings Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xi) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yii) the Revolving Exposure aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations shall not exceed its Revolving Commitment such Lender’s Commitment, and (ziii) the Total Revolving Exposure Outstandings shall not exceed the total Revolving CommitmentsMaximum Availability.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.), Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving Aggregate Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (Franklin Street Properties Corp /Ma/)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment and (ziv) the Total sum of the total Revolving Exposure Credit Exposures shall not exceed the total Revolving Credit Commitments.

Appears in 2 contracts

Samples: Security Agreement (Ciena Corp), Credit Agreement (Leonardo DRS, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitmentcommitment to issue Letters of Credit hereunder, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total sum of the total Revolving Exposure Exposures shall not exceed the total Revolving Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Information Services Group Inc.), Credit Agreement (Information Services Group Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yiii) the Revolving Credit Exposure of any Revolving Credit Lender shall not exceed its Revolving Credit Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Aggregate Revolving Credit Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Armada Hoffler Properties, Inc.), Credit Agreement (Armada Hoffler Properties, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Credit Exposure shall not exceed the total Revolving Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Agilysys Inc), Credit Agreement (PJT Partners Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the applicable L/C Issuer (including, for the avoidance of doubt, any Existing Letters of Credit issued by such L/C Issuer) shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Aggregate Revolving Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Parsons Corp), Credit Agreement (Parsons Corp)

Limitations on Amounts, Issuance and Amendment. v.A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its the L/C Issuer’s L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Exposure of any Revolving Lender shall not exceed its such Revolving Commitment Lender’s Revolving Commitment, and (zD) the Total Revolving Credit Exposure shall not exceed the total Revolving CommitmentsFacility.

Appears in 1 contract

Samples: Credit Agreement (Commercial Vehicle Group, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer any Issuing Lender shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment and (z) the Total Revolving Credit Exposure shall not exceed the total Revolving Credit Commitments.

Appears in 1 contract

Samples: Credit Agreement (Copart Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, and (y) the Revolving A Exposure of any Revolving A Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving CommitmentsA Commitment.

Appears in 1 contract

Samples: Credit Agreement (Radiant Logistics, Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Borrowers shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (1847 Goedeker Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total Revolving Exposure Credit Exposures shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Shutterstock, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Credit Exposure shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Hackett Group, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, Letter of Credit Sublimit and (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving CommitmentsCommitment.

Appears in 1 contract

Samples: Credit Agreement (Braemar Hotels & Resorts Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated extended or renewed only if (and upon issuance, amendment, extension, reinstatement extension or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement extension or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer any Issuing Bank shall not exceed its L/C LC Commitment; provided that, subject to the limitations set forth in this Section 2.06(c), any Issuing Bank may issue Letters of Credit in excess of its LC Commitment, (xii) the aggregate L/C LC Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Revolving Lender shall not exceed its Revolving Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Invitation Homes Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving CommitmentsMaximum Availability.

Appears in 1 contract

Samples: Credit Agreement (Braemar Hotels & Resorts Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Revolving Credit Lender shall not exceed its Revolving Credit Commitment and (ziv) the Total Revolving Exposure Credit Outstandings shall not exceed the total Revolving CommitmentsCredit Facility.

Appears in 1 contract

Samples: Credit Agreement (Fortress Net Lease REIT)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total sum of the total Revolving Exposure Credit Exposures of all Lenders shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Monotype Imaging Holdings Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Ufp Technologies Inc)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the applicable L/C Issuer shall not exceed its L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (zD) the Total Revolving Exposure with respect to the Revolving Commitments shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Sunpower Corp)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the applicable L/C Issuer shall not exceed its L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Exposure of any Lender shall not exceed its Initial Revolving Commitment and (zD) the Total Revolving Exposure with respect to the Initial Revolving Commitments shall not exceed the total Initial Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Sunpower Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yiii) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total Revolving Exposure Exposures shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Nathans Famous, Inc.)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) unless otherwise agreed by the applicable L/C Issuer in its sole discretion, the aggregate amount of the outstanding Letters of Credit issued by the such L/C Issuer shall not exceed its such L/C Issuer’s L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment such Lender’s Commitment, and (zD) the Total Revolving Exposure Credit Exposures of all Lenders shall not exceed the total Aggregate Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Workday, Inc.)

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Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Aggregate Revolving Commitments.. CHAR1\1759258v10

Appears in 1 contract

Samples: Credit Agreement (KnowBe4, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate L/C Obligations shall not exceed the Letter of Credit Sublimit, (ii) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yiii) the Revolving Credit Exposure of any Revolving Credit Lender shall not exceed its Revolving Credit Commitment and (ziv) the Total sum of the total Revolving Exposure Credit Exposures shall not exceed the total Revolving Credit Commitments.

Appears in 1 contract

Samples: Credit Agreement (Camden Property Trust)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving Aggregate Commitments.. ​

Appears in 1 contract

Samples: Credit Agreement (Franklin Street Properties Corp /Ma/)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the applicable Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment Commitment, and (zD) the Total Revolving Exposure Outstandings shall not exceed the total Aggregate Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Stifel Financial Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure of all Lenders shall not exceed the total Revolving CommitmentsCommitments of all Lenders.

Appears in 1 contract

Samples: Credit Agreement (Zynga Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Revolving Lender shall not exceed its Revolving Commitment Committed Amount and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Aggregate Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (American Healthcare REIT, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and Commitment, (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Commitments and (v) the Total Outstandings shall not exceed the Revolving CommitmentsAdvance Limit.

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its the L/C Issuer’s L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Exposure of any Revolving CHAR1\1892801v4 Lender shall not exceed its such Revolving Commitment Lender’s Revolving Commitment, and (zD) the Total Revolving Credit Exposure shall not exceed the total Revolving CommitmentsFacility.

Appears in 1 contract

Samples: Credit Agreement (Commercial Vehicle Group, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wx) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xy) the aggregate L/C Obligations shall not exceed the L/C Sublimit, and (yz) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving CommitmentsCommitment.

Appears in 1 contract

Samples: Credit Agreement (Enfusion, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total total Revolving Exposure Credit Exposures shall not exceed the total Revolving Aggregate Commitments.

Appears in 1 contract

Samples: Credit Agreement (Resource REIT, Inc.)

Limitations on Amounts, Issuance and Amendment. A (i)A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the each L/C Issuer shall not exceed its such L/C Issuer’s L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Exposure of any Revolving Lender shall not exceed its such Revolving Commitment Lender’s Revolving Commitment, and (zD) the Total Revolving Credit Exposure shall not exceed the total Revolving CommitmentsFacility.

Appears in 1 contract

Samples: Credit Agreement (AeroVironment Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company or, as applicable, the Foreign Borrower, shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (COMMERCIAL METALS Co)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Lydall Inc /De/)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Borrowers shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (ONESPAWORLD HOLDINGS LTD)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wv) the aggregate amount of the outstanding Letters of Credit issued by the any L/C Issuer shall not exceed its L/C Commitment, (xw) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yx) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (zy) the Total Revolving Exposure shall not exceed the total Revolving Commitments.. No L/C Issuer shall be under any obligation to issue any Letter of Credit if:

Appears in 1 contract

Samples: Credit Agreement (Fresh Del Monte Produce Inc)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Borrowers shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Credit Exposure of any 38 Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure of all Lenders shall not exceed the total Aggregate Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Forward Air Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Credit Exposure shall not exceed the total Revolving CommitmentsCommitments and shall not exceed the Borrowing Base then in effect.

Appears in 1 contract

Samples: Credit Agreement (Avid Bioservices, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yiii) the Revolving Lender Credit Exposure of any Lender shall not exceed its Revolving such Lender’s Commitment and (ziv) the Total Revolving Exposure total Lender Credit Exposures of all Lenders shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Mercury General Corp)

Limitations on Amounts, Issuance and Amendment. (1) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the applicable Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment such Lender’s Commitment, and (zD) the Total Revolving Exposure Outstandings shall not exceed the total Revolving Aggregate Commitments.. 45CHAR1\1990274v3 CHAR1\1990274v1

Appears in 1 contract

Samples: Credit Agreement (Itt Inc.)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Borrowers shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure of all Lenders shall not exceed the total Aggregate Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Forward Air Corp)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.Revolving

Appears in 1 contract

Samples: Credit Agreement (Harmonic Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wx) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xy) the aggregate L/C Obligations shall not CHAR1\0000000x0 exceed the L/C Sublimit, Sublimit and (yz) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving CommitmentsCommitment.

Appears in 1 contract

Samples: Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer any Issuing Lender shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment and (z) the Total Revolving Credit Exposure shall not exceed the total Revolving Credit Commitments.

Appears in 1 contract

Samples: Credit Agreement (Copart Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer any Issuing Lender shall not exceed its L/C Commitment, (xii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (yiii) the Revolving Outstanding Credit Exposure of any Lender shall not exceed its Revolving Commitment and (ziv) the Total Revolving Exposure Aggregate Outstanding Credit Exposures shall not exceed the total Revolving CommitmentsAggregate Commitment.

Appears in 1 contract

Samples: Credit Agreement (GXO Logistics, Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wx) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xy) the aggregate L/C Obligations shall not exceed the L/C Sublimit, Sublimit and (yz) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving CommitmentsCommitment.

Appears in 1 contract

Samples: Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.)

Limitations on Amounts, Issuance and Amendment. A (i)A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of ​ ​ ​ each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the each L/C Issuer shall not exceed its such L/C Issuer’s L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Exposure of any Revolving Lender shall not exceed its such Revolving Commitment Lender’s Revolving Commitment, and (zD) the Total Revolving Credit Exposure shall not exceed the total Revolving CommitmentsFacility.

Appears in 1 contract

Samples: Credit Agreement (AeroVironment Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Ufp Technologies Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower Company shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Credit Exposure shall not exceed the total aggregate amount of the Revolving CommitmentsFacility.

Appears in 1 contract

Samples: Credit Agreement (Radiant Logistics, Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Credit Exposure shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Paycom Software, Inc.)

Limitations on Amounts, Issuance and Amendment. (i) A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the applicable Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wA) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (xB) the aggregate L/C Obligations shall not exceed the L/C Letter of Credit Sublimit, (yC) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Commitment such Lender’s Commitment, and (zD) the Total Revolving Exposure Outstandings shall not exceed the total Revolving Aggregate Commitments.

Appears in 1 contract

Samples: Credit Agreement (ITT Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (wi) the aggregate amount of the outstanding Letters of Credit issued by the L/C any LC Issuer shall not exceed its L/C LC Commitment, (xii) the aggregate L/C LC Obligations shall not exceed the L/C LC Sublimit, (yiii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment and (ziv) the Total sum of the total Revolving Exposure Credit Exposures shall not exceed the total Revolving Credit Commitments.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (OPAL Fuels Inc.)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitment, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Credit Exposure shall not exceed the total aggregate amount of the Revolving CommitmentsFacility.

Appears in 1 contract

Samples: Credit Agreement (Radiant Logistics, Inc)

Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (w) the aggregate amount of the outstanding Letters of Credit issued by the L/C Issuer shall not exceed its L/C Commitmentthe Letter of Credit Sublimit, (x) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (y) the Revolving Exposure of any Lender shall not exceed its Revolving Commitment and (z) the Total Revolving Exposure shall not exceed the total Revolving Commitments.

Appears in 1 contract

Samples: Credit Agreement (Boston Beer Co Inc)

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