Domestic Letter of Credit Sublimit definition

Domestic Letter of Credit Sublimit means an amount equal to $70,000,000. The Domestic Letter of Credit Sublimit is part of, and not in addition to, the Domestic Total Commitments. A permanent reduction of the Domestic Total Commitments shall not require a corresponding pro rata reduction in the Domestic Letter of Credit Sublimit; provided, however, that if the Domestic Total Commitments are reduced to an amount less than the Domestic Letter of Credit Sublimit, then the Domestic Letter of Credit Sublimit shall be reduced to an amount equal to (or, at the Lead Borrower’s option, less than) the Domestic Total Commitments.

Domestic Letter of Credit Sublimit means, at any time, the sum of $400,000,000 less the then Canadian Letter of Credit Outstandings, as such amount may be increased or reduced in accordance with the terms of this Agreement.

Domestic Letter of Credit Sublimit means an amount equal to $50,000,000. The Domestic Letter of Credit Sublimit is part of, and not in addition to, the Domestic Revolving Commitments. A permanent reduction of the Domestic Revolving Commitments shall not require a corresponding pro rata reduction in the Domestic Letter of Credit Sublimit; provided, however, that if the Domestic Revolving Commitments are reduced to an amount less than the Domestic Letter of Credit Sublimit, then the Domestic Letter of Credit Sublimit shall be reduced to an amount equal to (or, at the Lead Borrower’s option, less than) the Domestic Revolving Commitments.

Examples of Domestic Letter of Credit Sublimit in a sentence

• If, after giving effect to any reduction of the Domestic Commitments, the Domestic Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the remaining Domestic Commitments, such Domestic Letter of Credit Sublimit or Swing Line Sublimit shall be automatically reduced by the amount of such excess.

• If, after giving effect to any reduction of the Tranche A Commitments, the Domestic Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the remaining Tranche A Commitments, such Domestic Letter of Credit Sublimit or Swing Line Sublimit shall be automatically reduced by the amount of such excess.

• If, after giving effect to any reduction of the Domestic Revolving Commitments, the Domestic Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the remaining Domestic Revolving Commitments, such Domestic Letter of Credit Sublimit or Swing Line Sublimit shall be automatically reduced by the amount of such excess.

• The Domestic Letter of Credit Sublimit is part of, and not in addition to, the Revolving Domestic Total Commitments.

• The amount of any such Aggregate Domestic Revolving Commitment reduction shall not be applied to the Domestic Letter of Credit Sublimit or the Euro Currency Sublimit unless otherwise specified by EMS.

• The amount of any such Aggregate Domestic Revolving Commitment reduction shall not be applied to the Domestic Letter of Credit Sublimit unless otherwise specified by GGC.

• A permanent reduction of the Revolving Domestic Total Commitments shall not require a corresponding pro rata reduction in the Domestic Letter of Credit Sublimit; provided, however, that if the Revolving Domestic Total Commitments are reduced to an amount less than the Domestic Letter of Credit Sublimit, then the Domestic Letter of Credit Sublimit shall be reduced to an amount equal to (or, at Parent’s option, less than) the Revolving Domestic Total Commitments.

• The Hong Kong Subfacility is part of, and not in addition to, the Domestic Letter of Credit Sublimit and the Canadian Letter of Credit Sublimit.

More Definitions of Domestic Letter of Credit Sublimit

Domestic Letter of Credit Sublimit means an amount equal to $92,500,000. The Domestic Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Domestic Commitments. A permanent reduction of the Aggregate Domestic Commitments shall not require a corresponding pro rata reduction in the Domestic Letter of Credit Sublimit; provided, however, that if the Aggregate Domestic Commitments are reduced to an amount less than the Domestic Letter of Credit Sublimit, then the Domestic Letter of Credit Sublimit shall be reduced to an amount equal to (or, at Lead Borrower’s option, less than) the Aggregate Domestic Commitments.

Domestic Letter of Credit Sublimit means US$5,000,000. The Domestic Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Domestic Revolving Commitments.

Domestic Letter of Credit Sublimit means an amount equal to $40,000,000. The Domestic Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Domestic Commitments. A permanent

Domestic Letter of Credit Sublimit means an amount equal to the sum of (a) US$125,000,000, less (b) the aggregate stated amount of all outstanding Canadian Letters of Credit on the date of determination. The Domestic Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Domestic Revolving Commitments.

Domestic Letter of Credit Sublimit means the Letter of Credit Sublimit for Domestic Letters of Credit.

Domestic Letter of Credit Sublimit means the lesser of (i) $10,000,000 and (ii) the aggregate unused amount of the Domestic Revolving Commitments then in effect.