Borrower Sublimit definition

Borrower Sublimit means, as to any Borrower, the amount set forth opposite such Borrower’s name below, as modified from time to time pursuant to Section 2.06: Borrower Borrower Sublimit Met-Ed $350,000,000 Penn $100,000,000 Penelec $300,000,000 West-Penn $200,000,000
Borrower Sublimit for each Borrower, the amount set forth below next to the name of such Borrower, as such amounts may be reduced from time to time pursuant to Section 2.06(a): Borrower Sublimit AEP $350,000,000 OPC $200,000,000 APC $150,000,000 CSPC $120,000,000 IMPC $120,000,000 SEPC $120,000,000 ATCC $70,000,000 ATNC $35,000,000 KPC $35,000,000 PSCO $35,000,000
Borrower Sublimit has the meaning set forth in Section 2.01(a).

Examples of Borrower Sublimit in a sentence

  • Promptly after receipt thereof, the Agent will notify each Lender in writing of the contents of each Aggregate Commitment or Borrower Sublimit reduction notice, Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder.


More Definitions of Borrower Sublimit

Borrower Sublimit means: (i) with respect to CL&P, $150,000,000, (ii) with respect to WMECO, $100,000,000, (iii) with respect to Yankee, $100,000,000 and (iv) with respect to PSNH, $100,000,000.
Borrower Sublimit means (a) with respect to Seadrill Operating, $250,000,000, and (b) with respect to Seadrill Capricorn, $150,000,000.
Borrower Sublimit means (a) as to the Company, $500,000,000 and (b) as to the Borrowing Subsidiary, $500,000,000, in each case as such sublimit may be reduced from time to time pursuant to Section 2.8.3.
Borrower Sublimit means, with respect to a Borrower, the aggregate amount of all Lenders’ Subcommitments allocated to such Borrower, as such sublimit may be reduced or increased from time to time pursuant to Section 2.07, reduced from time to time pursuant to Section 2.09 or as otherwise provided in this Agreement. The amount of each Borrower’s Borrower Sublimit is set forth on Schedule I. As of the Effective Date, the Borrower Sublimit with respect to (i) CCT is $1,450,000,000, (ii) FSIC is $685,000,000, (iii) FSIC II is $650,000,000 and (iv) FSIC III is $650,000,000.
Borrower Sublimit means (a) as to the Company, $300,000,000 and (b) as to the Borrowing Subsidiary, $800,000,000, in each case as such sublimit may be reduced from time to time pursuant to Section 2.8.3.
Borrower Sublimit means (a) as to CIPS, $135,000,000, (b) as to each of CILCO and IP, $150,000,000, (c) as to Resources, $200,000,000 and (d) as to CILCORP, $50,000,000 or, in the case of any Borrower, any lesser amount to which the Borrower Sublimit of such Borrower shall have been reduced pursuant to Section 2.8.
Borrower Sublimit contained in Section 1.01 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows: