Canadian Letter of Credit Sublimit means an amount equal to $5,000,000. The Canadian Letter of Credit Sublimit is part of, and not in addition to, the Canadian Total Commitments. A permanent reduction of the Canadian Total Commitments shall not require a corresponding pro rata reduction in the Canadian Letter of Credit Sublimit; provided, however, that if the Canadian Total Commitments are reduced to an amount less than the Canadian Letter of Credit Sublimit, then the Canadian Letter of Credit Sublimit shall be reduced to an amount equal to (or, at Canadian Borrower’s option, less than) the Canadian Total Commitments.
Canadian Letter of Credit Sublimit means an amount equal to $5,000,000. The Canadian Letter of Credit Sublimit is part of, and not in addition to, the Canadian Revolving Credit Facility.
Canadian Letter of Credit Sublimit means the lesser of (a) $5,000,000 and (b) the aggregate unused amount of the Canadian Revolving Commitments then in effect.
Examples of Canadian Letter of Credit Sublimit in a sentence
The Agent will promptly notify the Domestic Lenders or the Canadian Lenders, as applicable, of any termination or reduction of the Domestic Letter of Credit Sublimit, Canadian Letter of Credit Sublimit, Swing Line Sublimit or any Commitments under this S ection 2.06.
Counties may have as many individuals as they desire within the discipline category age groups.
More Definitions of Canadian Letter of Credit Sublimit
Canadian Letter of Credit Sublimit means $30,000,000.
Canadian Letter of Credit Sublimit means $2,000,000, subject to increase in accordance with Section 2.22.
Canadian Letter of Credit Sublimit. $75,000,000.
Canadian Letter of Credit Sublimit means the aggregate Canadian Letter of Credit Commitments of the Canadian Issuing Banks, in an amount not to exceed $10 million (or the equivalent thereof in an Alternate Currency).
Canadian Letter of Credit Sublimit is defined in Section 2.11(b)(i).
Canadian Letter of Credit Sublimit means $5,000,000, as the same may be reduced from time to time pursuant to Section 3.1.
Canadian Letter of Credit Sublimit means $15.012.0 million, subject to increase in accordance with Section 2.22.