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 $50,000 or such lesser amount as is acceptable to the Issuing Bank.

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than $50,000 or such lesser amount as is acceptable to the respective Issuing Bank.

Minimum Stated Amount. The Stated Amount of each Letter of Credit shall be not less than $50,000 (or the Relevant Currency Equivalent thereof, as the case may be) or such lesser amount as is acceptable to the respective Issuing Bank.

Minimum Stated Amount. The Stated Amount of each Letter of Credit upon issuance shall be not less than $50,000 10,000 or such lesser amount as is acceptable to the respective Issuing BankLender.