Sublimits. Section 4.2(c) of the Repurchase Agreement is amended and restated in its entirety as follows:
Sublimits. If, under the Credit Facility Agreement, the Parties have provided for Sublimits within the limits of which Credit Facilities may be issued for each Borrower, the provisions of these GCC and the Credit Facility Agreement on the Borrower shall appropriately apply to each Borrower, if the case, and the provisions on the Facility Limit shall appropriately apply to the Sublimits established for each Borrower.
Sublimits. Bank shall have no obligation (a) to issue any Letters of Credit, if the aggregate outstanding undrawn amount of all Letters of Credit would exceed $1,000,000; (b) to issue any Letter of Credit, if an Event of Default has occurred and is continuing; or (c) to issue any Letter of Credit if the Revolving Credit Facility Usage plus the amount of such new Letter of Credit to be issued exceeds the Maximum Revolving Credit Facility Amount (the "Letter of Credit Sublimit").
Sublimits. If after giving effect to any reduction or termination of Revolving Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swingline Sublimit exceeds the Revolving Facility at such time, the Letter of Credit Sublimit or the Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
Sublimits. Notwithstanding anything to the contrary set forth herein, Borrower may borrow hereunder only to the extent that after giving effect to such borrowing (collectively, the “Sublimits”):
2.6.1.1. the Loan to Value Ratio shall not exceed seventy percent (70%) (the “Maximum Loan to Value Ratio”);
2.6.1.2. the Facility Debt Service Coverage Ratio shall not be less than 1.20 : 1.00.
2.6.1.3. the number of Borrowing Tranches outstanding shall not exceed fifteen (15);
2.6.1.4. the Loan shall not exceed the Commitment; and
2.6.1.5. one or more Qualifying Rate Cap Agreements and/or Qualifying Rate Swap Agreements shall be maintained with (i) an aggregate notional amount equal to the Required Hedge Amount and (ii) a Hedged Debt Service Coverage Ratio of no less than 1.20:1.00.
Sublimits. The aggregate Outstanding Principal Amount of Advances made with respect to a specific type of Eligible Loan outstanding at any one time shall not exceed the following (expressed as a percentage of the Commitment Amount). If the amount of the Sublimit for a particular type of Mortgage Loan is “N/A”, then that type of Mortgage Loan is not an Eligible Loan hereunder. Wet Loans: 40% Aged Loans: 10% RTL Loans: 100%
Sublimits. The following restrictions shall apply in relation to any request by Company to one or more Revolving Lenders to issue Letters of Credit in accordance with the provisions of this subsection 3.1:
(i) Letter of Credit Usage (other than under clause (ii) below) shall at no time exceed $20,000,000; and
(ii) Company may request that one or more Revolving Lenders issue Standby Letters of Credit or similar instruments for the purpose of supporting the obligations of HSBC Bank plc as a guarantor under the UK Loan Notes (the “Applicable Standby Letters of Credit”) provided that the maximum aggregate amount which may become available for drawing under the Applicable Standby Letters of Credit shall not exceed $60,000,000; and
(iii) Letter of Credit Usage on the Closing Date shall not exceed $50,000,000.
Sublimits. Subject to the terms and conditions hereof, as part of the Risk Management Credit Facility, HSBC may issue FEFCs, the notional risk amount of which shall not in the aggregate at any time outstanding exceed such Xxxxxx's FEFC Sublimit. Each FEFC shall constitute usage of the Risk Management Commitment.
Sublimits. Revolving Advances made to Borrowers against (i) Eligible Insured Foreign Receivables owing from C.E.
