Examples of Foreign Borrower Sublimit in a sentence
If after giving effect to any reduction or termination of Revolving Commitments under this Section 2.06, the Letter of Credit Sublimit, the Foreign Borrower Sublimit or the Swingline Sublimit exceeds the Revolving Facility at such time, the Letter of Credit Sublimit, Foreign Borrower Sublimit or the Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.
The Maximum Foreign Borrower Sublimit is part of, and not in addition to, the Facility.
The Company shall also specify in such written notice the Foreign Borrower Sublimit for such designated Foreign Borrower.
The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Foreign Borrower Sublimit, Swingline Sublimit or the Revolving Commitment under this Section 2.06.
For purposes of clarity, any increase in the Commitments pursuant to this Section 2.09(e) through (g) may give rise to an increase in the Primary Foreign Borrower Sublimit and/or the German Borrowers Sublimit subject to the percentage limits provided for in the definition of Foreign Borrower Sublimit Condition.