Dollar Denominated Letter of Credit definition

Dollar Denominated Letter of Credit means any Letter of Credit incurred in Dollars.
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Dollar Denominated Letter of Credit means each Letter of Credit denominated in U.S. Dollars.
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Dollar Denominated Letter of Credit means any Letter of Credit incurred in Dollars. “Dollar Denominated Loan” means any Loan incurred in Dollars.
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Examples of Dollar Denominated Letter of Credit in a sentence

  • The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, €150,000 and (z) in the case of a Sterling Denominated Letter of Credit, £150,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

  • The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000 and (y) in the case of a Euro Denominated Letter of Credit, (euro)250,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

  • The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, €150,000 and (z) in the case of a Sterling Denominated Let- ter of Credit, £150,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

  • The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, U.S.$25,000 and (y) in the case of a Canadian Dollar Denominated Letter of Credit, Cdn.$25,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

  • The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, (euro)250,000 and (z) in the case of a Sterling Denominated Letter of Credit, (pound)150,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

  • The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a U.S. Dollar Denominated Letter of Credit, $250,000 and (y) in the case of a Euro Denominated Letter of Credit, €250,000 or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.

  • The Stated Amount of each Letter of Credit upon issuance shall be not less than (x) in the case of a Dollar Denominated Letter of Credit, $250,000, (y) in the case of a Euro Denominated Letter of Credit, E150,000 and (z) in the case of a Sterling Denominated Letter of Credit, L150,000, or in each case such lesser amount as is reasonably acceptable to the respective Issuing Lender.


More Definitions of Dollar Denominated Letter of Credit

Dollar Denominated Letter of Credit means a Letter of Credit that is available for drawing in Dollars.
Sample 1

Related to Dollar Denominated Letter of Credit

  • Letter of Credit Exposure means, at any time, the sum of (a) the aggregate Available Amount of all outstanding Letters of Credit at such time plus (b) the aggregate amount of all payments or disbursements made by an Issuing Bank pursuant to a Letter of Credit Advance that have not yet been reimbursed at such time.