Aggregate LC Commitment definition

Aggregate LC Commitment means an amount not to exceed $330 million.
Sample 1Sample 2Sample 3
Aggregate LC Commitment means $150,000,000.
Sample 1Sample 2Sample 3
Aggregate LC Commitment means the lesser of (a) One Billion One Hundred Twenty-Five Million Dollars ($1,125,000,000) and (b) the Aggregate Commitment.
Sample 1Sample 2

Examples of Aggregate LC Commitment in a sentence

  • If on any date the Effective Amount of L/C Obligations exceeds the L/C Commitment, the Company shall Cash Collateralize on such date the outstanding Letters of Credit in an amount equal to the excess of the maximum amount then available to be drawn under the Letters of Credit over the Aggregate L/C Commitment.

  • Local Planning Policy (Unitary Development Plan): Policy HG4.1 ‘Existing Housing Sites’ states: “The Council reaffirms the continuing use for residential purposes of the following sites which were under construction at April 1991 and/or have received policy approval since April, 1991.

  • A Facility LC shall be issued or Modified only if (and upon issuance or Modification of each Facility LC the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance or Modification (i) the LC Exposure shall not exceed the Aggregate LC Commitment and (ii) the aggregate Revolving Credit Exposure of all Lenders shall not exceed the Aggregate Commitment.

  • According to Waife, Nooni, NLasia, Diaba and Fiaka (2015) liquid waste is any form of liquid residue that is hazardous for people or the environment.

  • Any reduction of the Total Commitment and the Aggregate L/C Commitment pursuant to this Section 2.06 shall be applied to each Bank's Commitment and L/C Commitment in accordance with such Bank's Applicable Percentage.


More Definitions of Aggregate LC Commitment

Aggregate LC Commitment at any time means $175,000,000. The Aggregate LC Commitment may be reduced in accordance with Section 2.08(k).
Sample 1
Aggregate LC Commitment shall be $15,000,000.00, unless the same shall be adjusted in accordance with Section 2.10.
Sample 1
Aggregate LC Commitment means $50,000,000.
Sample 1
Aggregate LC Commitment means Five Hundred Million Dollars ($500,000,000).
Sample 1
Aggregate LC Commitment means an amount equal to $62,000,000 plus the Aggregate Payment LC Commitment.
Sample 1
Aggregate LC Commitment shall be $80,000,000.00.
Sample 1
Aggregate LC Commitment means the lesser of (a) Seven Hundred Fifty Million Dollars ($750,000,000) or (b) the Revolving Committed Amount.
Sample 1