Common use of Limitations on Amounts Clause in Contracts

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (for purposes of this clause (c), the aggregate LC Exposure (including as a component of the aggregate Credit Exposure) shall be determined without giving effect to the participations therein of the Lenders pursuant to paragraph (e) of this Section) (i) the aggregate LC Exposure of the Issuing Bank shall not exceed $25,000,000, (ii) the total Credit Exposures shall not exceed the aggregate Commitments, (iii) the Issuing Bank’s Credit Exposure shall not exceed its Commitment and (iv) the total Covered Debt Amount shall not exceed the Borrowing Base then in effect.

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (for purposes of this clause (c), i) the aggregate LC Exposure (including as a component of the aggregate Credit Exposure) shall be Issuing Banks (determined for these purposes without giving effect to the participations therein of the Lenders pursuant to paragraph (e) of this Section) shall not exceed $40,000,000, (iii) the aggregate LC Exposure of the applicable Issuing Bank requested to issue such Letter of Credit (determined for these purposes without giving effect to the participations therein of the Lenders pursuant to paragraph (e) of this Section) shall not exceed $25,000,000the amount set forth opposite the name of such Issuing Bank in Schedule VIII hereto, (iiiii) the total Credit Exposures shall not exceed the aggregate Commitments, (iii) the Issuing Bank’s Credit Exposure shall not exceed its Commitment and (iv) the total Covered Debt Amount shall not exceed the Borrowing Base then in effect.

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (for purposes of this clause (c), i) the aggregate LC Exposure of all Issuing Lenders (including as a component of the aggregate Credit Exposure) shall be determined for these purposes without giving effect to the participations therein of the Revolving Lenders pursuant to paragraph (ef) of this Section) shall not exceed U.S.$200,000,000, (iii) the total Revolving Exposure shall not exceed the total Revolving Commitments and (iii) the aggregate LC Exposure of such Issuing Lender (determined for these purposes without giving effect to the Issuing Bank shall not exceed $25,000,000, participations therein of the Revolving Lenders pursuant to paragraph (iif) the total Credit Exposures of this Section) shall not exceed the aggregate Commitmentsmaximum LC Exposure for such Issuing Lender, if any, specified in the instrument contemplated by clause (iiik) the Issuing Bank’s Credit Exposure shall not exceed its Commitment and (iv) the total Covered Debt Amount shall not exceed the Borrowing Base then in effectbelow.

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (for purposes of this clause (c), i) the aggregate LC Exposure (including as a component of the aggregate Credit Exposure) shall be Issuing Bank (determined for these purposes without giving effect to the participations therein of the Lenders pursuant to paragraph (e) of this Section) (i) the aggregate LC Exposure of the Issuing Bank shall not exceed $25,000,0005,000,000, (ii) the total Revolving Credit Exposures shall not exceed the aggregate Commitments, (iii) the Issuing Bank’s total Revolving Multicurrency Credit Exposure Exposures shall not exceed its Commitment the Multicurrency Sublimit and (iv) the total Covered Debt Amount shall not exceed the Borrowing Base then in effect.

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension extension, (for purposes of this clause (c), i) the aggregate LC Exposure (including as a component of the aggregate Credit Exposure) shall be Issuing Bank (determined for these purposes without giving effect to the participations therein of the Lenders pursuant to paragraph (e) of this Section) (i) the aggregate LC Exposure of the Issuing Bank shall not exceed $25,000,000, (ii) the total Revolving Dollar Credit Exposures shall not exceed the aggregate Dollar Revolving Commitments, (iii) the Issuing Bank’s total Revolving Multicurrency Credit Exposure Exposures shall not exceed its Commitment the aggregate Multicurrency Revolving Commitments and (iv) the total Covered Debt Amount shall not exceed the Borrowing Base then in effect.

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (for purposes of this clause (c), i) the aggregate LC Exposure of Chase, as an Issuing Lender (including as a component of the aggregate Credit Exposure) shall be determined for these purposes without giving effect to the participations therein of the Revolving Lenders pursuant to paragraph (e) of this Section) ), shall not exceed $20,000,000, (iii) the aggregate LC Exposure of First Chicago, as an Issuing Lender (determined for these purposes without giving effect to the Issuing Bank shall not exceed $25,000,000participations therein of the Revolving Lenders pursuant to paragraph (e) of this Section), (ii) the total Credit Exposures shall not exceed the aggregate Commitments, Qingdao Letter of Credit Limit and (iii) the Issuing Bank’s Credit Exposure shall not exceed its Commitment and (iv) sum of the total Covered Debt Amount Revolving Exposures PLUS the aggregate principal amount of outstanding Competitive Loans shall not exceed the Borrowing Base then in effecttotal Revolving Commitments.

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (for purposes of this clause (c), i) the aggregate LC Exposure (including as a component of the aggregate Credit Exposure) shall be applicable Issuing Lender (determined for these purposes without giving effect to the participations therein of the Lenders pursuant to paragraph (e) of this Section) shall not exceed such Issuing Lender’s Issuing Lender Sublimit, (iii) the aggregate LC Exposure (determined for these purposes without giving effect to the participations therein of the Issuing Bank Lenders pursuant to paragraph (e) of this Section) shall not exceed $25,000,000, 50,000,000 and (ii) the total Credit Exposures shall not exceed the aggregate total Commitments, (iii) the Issuing Bank’s Credit Exposure shall not exceed its Commitment and (iv) the total Covered Debt Amount shall not exceed the Borrowing Base then in effect.

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (for purposes of this clause (c), i) the aggregate LC Exposure (including as a component of the aggregate Credit Exposure) shall be Issuing Bank (determined for these purposes without giving effect to the participations therein of the Lenders pursuant to paragraph (e) of this Section) (i) the aggregate LC Exposure of the Issuing Bank shall not exceed $25,000,000, 50,000,000; (ii) the total Revolving Dollar Credit Exposures Exposure shall not exceed the aggregate Dollar Commitments, ; (iii) the Issuing Bank’s total Revolving Multicurrency Credit Exposure shall not exceed its Commitment the aggregate Multicurrency Commitments; and (iv) the total Covered Debt Amount shall not exceed the Borrowing Base then in effect.

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each 41 Revolving Credit Agreement Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (for purposes of this clause (c), i) the aggregate LC Exposure (including as a component of the aggregate Credit Exposure) shall be Issuing Bank (determined for these purposes without giving effect to the participations therein of the Lenders pursuant to paragraph (e) of this Section) (i) the aggregate LC Exposure of the Issuing Bank shall not exceed $25,000,0005,000,000, (ii) the total Revolving Dollar Credit Exposures shall not exceed the aggregate Dollar Commitments, (iii) the Issuing Bank’s total Revolving Multicurrency Credit Exposure Exposures shall not exceed its Commitment the aggregate Multicurrency Commitments and (iv) the total Covered Debt Amount shall not exceed the Borrowing Base then in effect.

Limitations on Amounts. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (for purposes of this clause (c), i) the aggregate LC Exposure of all Issuing Lenders (including as a component of the aggregate Credit Exposure) shall be determined for these purposes without giving effect to the participations therein of the Revolving Lenders pursuant to paragraph (ef) of this Section) shall not exceed U.S.$60,000,000, (iii) the total Revolving Exposure shall not exceed the total Revolving Commitments and (iii) the aggregate LC Exposure of such Issuing Lender (determined for these purposes without giving effect to the Issuing Bank shall not exceed $25,000,000, participations therein of the Revolving Lenders pursuant to paragraph (iif) the total Credit Exposures of this Section) shall not exceed the aggregate Commitmentsmaximum LC Exposure for such Issuing Lender, if any, specified in the instrument contemplated by clause (iiik) the Issuing Bank’s Credit Exposure shall not exceed its Commitment and (iv) the total Covered Debt Amount shall not exceed the Borrowing Base then in effectbelow.