Common use of Minimum Stated Amount Clause in Contracts

Minimum Stated Amount. The Stated Amount of each Letter of Credit shall be not less than $25,000 or such lesser amount as is acceptable to the Issuing Bank but in no event shall there be more than 75 Letters of Credit outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Vantas Inc), Credit Agreement (Reckson Services Industries Inc)

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Minimum Stated Amount. The Stated Amount of each Letter of Credit shall not be not less than $25,000 or such lesser an amount as is acceptable to the respective Issuing Bank but in no event shall there be more than 75 Letters of Credit outstanding at any one timeBank.

Appears in 2 contracts

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

Minimum Stated Amount. The Stated Amount of each A Letter of Credit shall be not less than $25,000 or such lesser amount as is acceptable to the A Issuing Bank but in no event shall there be more than 75 A Letters of Credit outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Frontline Capital Group), Credit Agreement (Hq Global Holdings Inc)

Minimum Stated Amount. The Stated Amount of each Letter of Credit shall be not less than $25,000 1,000,000 or such lesser amount as is acceptable to the Issuing Bank but in no event shall there be more than 75 Letters of Credit outstanding at any one timeBank.

Appears in 2 contracts

Samples: Credit Agreement (Golden Sky Systems Inc), Credit Agreement (Ubiquitel Inc)

Minimum Stated Amount. The Stated Amount of each B Letter of Credit shall be not less than $25,000 or such lesser amount as is acceptable to the B Issuing Bank but in no event shall there be more than 75 50 B Letters of Credit outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Frontline Capital Group), Credit Agreement (Hq Global Holdings Inc)

Minimum Stated Amount. The Stated Amount of each Letter of Credit shall be not less than $25,000 100,000 or such lesser amount as is acceptable to the Issuing Bank but in no event shall there be more than 75 Letters issuing such Letter of Credit outstanding at any one timeCredit.

Appears in 2 contracts

Samples: Credit Agreement (American Italian Pasta Co), Credit Agreement (American Italian Pasta Co)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than $25,000 5,000 or such lesser amount as is acceptable to the Issuing Bank but in Letter of Credit Issuer, provided that no event shall there be more than 75 40 Letters of Credit (or such greater number acceptable to the Letter of Credit Issuer) shall be outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Primedia Inc), Credit Agreement (Tsecrp Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than $25,000 5,000 or such lesser amount as is acceptable to the Issuing Bank but in Letter of Credit Issuer, provided that no event shall there be more than 75 40 Letters of Credit (including Existing Letters of Credit) (or such greater number acceptable to the Letter of Credit Issuer) shall be outstanding at any one time.

Appears in 1 contract

Samples: Credit Agreement (Western Empire Publications Inc)

Minimum Stated Amount. The Stated Amount of each Letter of Credit shall be not less than $25,000 500,000 or such lesser amount as is acceptable to the Issuing Bank but in no event shall there be more than 75 Letters respective Letter of Credit outstanding at any one timeIssuer.

Appears in 1 contract

Samples: Credit Agreement (Harrahs Entertainment Inc)

Minimum Stated Amount. The Stated Amount of each Letter of Credit shall be not less than $25,000 100,000 or such lesser amount as is acceptable to the Issuing Bank but in no event shall there be more than 75 Letters of Credit outstanding at any one timeBank.

Appears in 1 contract

Samples: Credit Agreement (Staff Leasing Inc)

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Minimum Stated Amount. The initial Stated Amount of each Letter of Credit (other than the Existing Letters of Credit as to which no minimum is established hereby) shall be not less than $25,000 or such lesser amount as is acceptable to the Issuing Bank but in no event shall there be more than 75 Letters Letter of Credit outstanding at any one timeIssuer.

Appears in 1 contract

Samples: Credit Agreement (Zurn Industries Inc)

Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than $25,000 or such lesser amount as is acceptable to the Issuing Bank but in Letter of Credit Issuer; provided that no event shall there be more than 75 25 Letters of Credit (or such greater number acceptable to the Letter of Credit Issuer) shall be outstanding at any one time.

Appears in 1 contract

Samples: Credit Agreement (Primedia Inc)

Minimum Stated Amount. The Stated Amount of each Letter of --------------------- Credit shall be not less than $25,000 100,000 or such lesser amount as is acceptable to the Issuing Bank but and in no event shall there be more than 75 five Letters of Credit outstanding at any one timetime or such greater amount as is acceptable to the Issuing Bank.

Appears in 1 contract

Samples: Credit Agreement (Physician Health Corp)

Minimum Stated Amount. The Stated Amount of each Letter of Credit shall be not less than $25,000 250,000 or such lesser amount as is acceptable to the Issuing Bank but in no event shall there be more than 75 ten Letters of Credit outstanding at any one time.

Appears in 1 contract

Samples: Credit Agreement (Video Update Inc)

Minimum Stated Amount. The Stated Amount of each Letter of Credit shall be not less than $25,000 250,000 or such lesser amount as is acceptable to the Issuing Bank but in no event shall there be more than 75 four Letters of Credit outstanding at any one time.

Appears in 1 contract

Samples: Credit Agreement (Moovies Inc)

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