Common use of Minimum Face Amount Clause in Contracts

Minimum Face Amount. The Face Amount of each Bank Guaranty upon issuance shall be not less than (x) in the case of a Dollar Denominated Bank Guaranty, $250,000,

Minimum Face Amount. The Face Amount of each Bank Guaranty upon issuance shall be not less than (x) in the case of a Dollar Denominated Bank Guaranty, $250,000,, (y) in the case of a Euro Denominated Bank Guaranty, E150,000 and (z) in the case of a Sterling Denominated Bank Guaranty, L150,000, or in each case such lesser amount as is acceptable to the respective Bank Guaranty Issuer.

Minimum Face Amount. The Face Amount of each Bank Guaranty upon issuance shall be not less than (x) in the case of a Dollar Denominated Bank Guaranty, $250,000,, (y) in the case of a Euro Denominated Bank Guaranty, €150,000 and (z) in the case of a Sterling Denominated Bank Guaranty, £150,000, or in each case such lesser amount as is acceptable to the respective Bank Guaranty Issuer.

Minimum Face Amount. The Face Amount of each Bank Guaranty upon issuance shall be not less than (x) in the case of a Dollar Denominated Bank Guaranty, $250,000,250,000 and (y) in the case of a Euro Denominated Bank Guaranty, (euro)250,000, or in each case such lesser amount as is acceptable to the respective Bank Guaranty Issuer.

Minimum Face Amount. The Face Amount of each Bank Guaranty upon issuance shall be not less than (x) in the case of a Dollar Denominated Bank Guaranty, $250,000,, (y) in the case of a Euro Denominated Bank Guaranty, E250,000 and (z) in the case of a Sterling Denominated Bank Guaranty, L150,000, or in each case such lesser amount as is acceptable to the respective Bank Guaranty Issuer.