Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than $10,000 or such lesser amount reasonably acceptable to the respective Letter of Credit Issuer.
Appears in 3 contracts
Samples: Credit Agreement (Global Marine Inc), Credit Agreement (Global Marine Inc), Credit Agreement (Global Marine Inc)
Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than $10,000 25,000 or such lesser amount reasonably acceptable to the respective Letter of Credit Issuer.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Universal Outdoor Holdings Inc), Consolidation and Amendment (Universal Outdoor Inc)
Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than $10,000 $ 100,000 or such lesser amount reasonably acceptable to the respective Letter of Credit Issuer.
Appears in 1 contract
Minimum Stated Amount. The initial Stated Amount of each Letter of Credit shall be not less than $10,000 100,000 or such lesser amount reasonably acceptable to the respective Letter of Credit Issuer.
Appears in 1 contract
