Designated Borrower Sublimit means an amount equal to the lesser of (a) the Revolving Credit Facility and (b) $400,000,000. The Designated Borrower Sublimit is part of, and not in addition to, the Revolving Credit Facility.

Designated Borrower Sublimit means an amount equal to the lesser of the Aggregate Commitments and $50,000,000. The Designated Borrower Sublimit is part of, and not in addition to, the Aggregate Commitments.

Designated Borrower Sublimit means an amount equal to the lesser of the Aggregate Revolving Credit Commitments and $500,000,000. The Designated Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving Credit Commitments.

Examples of Designated Borrower Sublimit in a sentence

The amount of any such reduction shall not be applied to the Alternative Currency Sublimit, the Financial Letter of Credit Sublimit or the Designated Borrower Sublimit unless otherwise specified by the Company.
The amount of any such Aggregate Commitment reduction shall not be applied to the Alternative Currency Sublimit, the Letter of Credit Sublimit or the Designated Borrower Sublimit unless otherwise specified by the Company.
If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.14 to the designation of such Borrower as a Designated Borrower and the determination of the Designated Lenders and Designated Borrower Sublimit with respect to such Designated Borrower shall have been met to the reasonable satisfaction of the Administrative Agent.
Committed Loans may be made under a Designated Borrower Sublimit to either the Company or the Designated Borrower to which such Designated Borrower Sublimit applies, and shall only be made by the Designated Lenders participating in such Designated Borrower Sublimit, based on the Applicable Percentage of such Designated Lenders with respect to such Designated Borrower Sublimit.
The Tribunal believes that the likelihood of a reoccurrence is minimal.

More Definitions of Designated Borrower Sublimit

Designated Borrower Sublimit means, with respect to any Designated Borrower at any time, an amount equal to the sum of the Commitments of all applicable Designated Lenders to such Designated Borrower in effect at such time, but not to exceed the Designated Borrower Sublimit for such Designated Borrower then in effect pursuant to Section 2.14. The Designated Borrower Sublimit of any Designated Borrower is part of, and not in addition to, the Aggregate Commitments, and in no event shall the Company Sublimit plus the aggregate amount of all Designated Borrower Sublimits then in effect exceed the Aggregate Commitments.

Designated Borrower Sublimit means an amount equal to the lesser of the Revolving Credit Facility and $600,000,000. The Designated Borrower Sublimit is part of, and not in addition to, the Revolving Credit Facility.

Designated Borrower Sublimit means an aggregate amount equal to the lesser of the Aggregate Commitments and $500,000,000. The Designated Borrower Sublimit is part of, and not in addition to, the Aggregate Commitments.

Designated Borrower Sublimit means (a) with respect to BlackRock Group Limited, $1,500,000,000 and (b) with respect to any additional Designated Borrower, the amount reasonably determined by the Administrative Agent in consultation with the Company at the time such Subsidiary is added as a Designated Borrower pursuant to Section 2.9.

Designated Borrower Sublimit means, as to any Designated Borrower, the aggregate amount of Commitments available to such Borrower for borrowings under the Credit Facilities. As of the Amendment No. 10 Effective Date, the Designated Borrower Sublimit shall be $600,000,000, with respect to BlackRock Group Limited and $25,000,000, with respect to BlackRock Netherlands; provided that, the Company may modify such amount from time to time by notice to the Administrative Agent in accordance with Section 2.92.1(a); provided further, that, in each case, in the event there is a Defaulting Lender, the Designated Borrower Sublimit shall be reduced by such Defaulting Lender’s Commitment Percentage for so long as such Lender is a Defaulting Lender. For the avoidance of doubt, upon any such Defaulting Lender being deemed cured in accordance with Section 4.16(h), by replacement of such Defaulting Lender pursuant to Section 4.14(b) or otherwise, the reduction of the Designated Borrower Sublimit shall be of no further effect.

Designated Borrower Sublimit means, with respect to each Foreign Obligor for which the Administrative Agent has not received an opinion of local counsel in form and substance and from counsel satisfactory to it, an amount equal to the lesser of (a) the Aggregate Commitments and (b) $10,000,000. Each Designated Borrower Sublimit is part of, and not in addition to, the Aggregate Commitments.

Designated Borrower Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b)