Alternate Currency Maximum Amount definition

Alternate Currency Maximum Amount means an amount equal to the Total Commitment Amount.
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Alternate Currency Maximum Amount means an amount equal to fifty percent (50%) of the Revolving Amount.
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Alternate Currency Maximum Amount means Fifteen Million Dollars ($15,000,000).
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Examples of Alternate Currency Maximum Amount in a sentence

  • If, at any time, the Alternate Currency Exposure shall exceed the Alternate Currency Maximum Amount, US Borrower (and the appropriate Foreign Borrowers) shall, as promptly as practicable, but in no event later than the next Business Day, pay an aggregate principal amount of the Alternate Currency Loans sufficient to bring the Alternate Currency Exposure within the Alternate Currency Maximum Amount.

  • Administrative Borrower shall not request any Letter of Credit (and the Fronting Lender shall not be obligated to issue any Letter of Credit) if, after giving effect thereto, (A) the Letter of Credit Exposure would exceed the Letter of Credit Commitment, (B) the Revolving Credit Exposure would exceed the Total Commitment Amount, or (C) with respect to a request for a Letter of Credit to be issued in an Alternate Currency, the Alternate Currency Exposure would exceed the Alternate Currency Maximum Amount.

  • If, at any time, the Alternate Currency Exposure shall exceed the Alternate Currency Maximum Amount, the Borrower shall, as promptly as practicable, but in no event later than the next Business Day, pay an aggregate principal amount of the Alternate Currency Loans sufficient to bring the Alternate Currency Exposure within the Alternate Currency Maximum Amount.

  • Borrower shall not request any Letter of Credit (and the Fronting Lender shall not be obligated to issue any Letter of Credit) if, after giving effect thereto, (A) the Letter of Credit Exposure would exceed the Letter of Credit Commitment, (B) the Revolving Credit Exposure would exceed the Total Commitment Amount, or (C) with respect to a request for a Letter of Credit to be issued in an Alternate Currency, the Alternate Currency Exposure would exceed the Alternate Currency Maximum Amount.

  • Borrower shall not request any Letter of Credit (and the Fronting Lender shall not be obligated to issue any Letter of Credit) if, after giving effect thereto, (A) the Letter of Credit Exposure would exceed the Letter of Credit Commitment, (B) the General Revolving Commitment Exposure would exceed the Maximum General Revolving Commitment Amount, or (C) the Alternate Currency Exposure would exceed the Alternate Currency Maximum Amount.


More Definitions of Alternate Currency Maximum Amount

Alternate Currency Maximum Amount means Twenty-Five Million Dollars ($25,000,000).
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Alternate Currency Maximum Amount means an amount equal to fifty percent (50%) of the Total Commitment Amount.
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Alternate Currency Maximum Amount means the Dollar Equivalent of One Hundred Million Dollars ($100,000,000) (excluding Base Rate Loans and Eurodollar Loans outstanding to Foreign Borrowers).
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Alternate Currency Maximum Amount means Fifty Million Dollars ($50,000,000).
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Alternate Currency Maximum Amount means, at any time, the Dollar Equivalent of Forty Million Dollars ($40,000,000).
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Alternate Currency Maximum Amount means the Dollar Equivalent of Forty Million Dollars ($40,000,000).
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Alternate Currency Maximum Amount means One Hundred Fifty Million Dollars ($150,000,000).
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