Issuing Lender Commitment definition

Issuing Lender Commitment means the commitment of each Issuing Lender to issue Letters of Credit in face amount not to exceed the amount set forth under the heading “Issuing Lender Commitment” opposite its name in Annex A hereto as updated from time to time or in the Assignment and Acceptance pursuant to which such Issuing Lender became a party hereto or in any other agreement with the Borrower pursuant to which such Issuing Lender becomes an Issuing Lender or increases its Issuing Lender Commitment, in each case, as any of the same may be changed from time to time with the consent of the Borrower and any such Issuing Lender.

Issuing Lender Commitment as to any Issuing Lender at any time, the amount set forth opposite such Issuing Lender’s name in Schedule I under the heading “Issuing Lender Commitment”, as such amount may be reduced or increased from time to time in accordance with the provisions of this Agreement.

Issuing Lender Commitment as to any Issuing Lender, the amount set forth under the heading “Issuing Lender Commitment” opposite such Lender’s name on Schedule 1.1A (after giving effect to the Fourth Restatement Effective Date) or in the Assignment and Assumption pursuant to which such Issuing Lender became a party hereto in such capacity, as the same may be changed from time to time pursuant to the terms hereof.

Examples of Issuing Lender Commitment in a sentence

• The Borrower may, at any time and from time to time, reduce or increase the Issuing Lender Commitment of any Issuing Lender with the consent of such Issuing Lender; provided that the Borrower shall not reduce the Issuing Lender Commitment of any Issuing Lender if, after giving effect of such reduction, the conditions set forth in clauses (i) through (iii) above shall not be satisfied.

• The Issuing Lender Commitment of an Issuing Lender may be modified from time to time by agreement between such Issuing Lender and the Borrower, and notified to the Administrative Agent.

• Each notice shall constitute a representation that after giving effect to the requested issuance, amendment, renewal or extension, as applicable, (i) (A) the LC Exposure shall not exceed the LC Commitment and (B) the aggregate undrawn and unexpired amount of all outstanding Letters of Credit issued by each Issuing Lender shall not exceed such Issuing Lender’s LC Issuing Lender Commitment and (ii) the Total Revolving Extensions of Credit shall not exceed the Total Commitments.

• The Increasing Lender agrees that from and after the Increase Effective Date, its New Commitments set forth in Schedule I hereto shall be included in its Commitment and Issuing Lender Commitment, as applicable, and be governed for all purposes by the Credit Agreement and the other Loan Documents.

• The amount of each Issuing Lender’s Issuing Lender Commitment as of the Closing Date is set forth on Schedule 1.2, or if an Issuing Lender has entered into an Assignment and Assumption or has otherwise assumed an Issuing Lender Commitment after the Closing Date, the amount set forth for such Issuing Lender as its Issuing Lender Commitment in the Register maintained by the Administrative Agent.

More Definitions of Issuing Lender Commitment

Issuing Lender Commitment. (a) with respect to JPMorgan Chase Bank, N.A., $35,000,000 and (b) with respect to any other Issuing Lender, such amount as may be separately agreed in writing by such Issuing Lender and the Borrower.

Issuing Lender Commitment with respect to each Issuing Lender, the commitment of such Xxxxxxx Xxxxxx to issue Letters of Credit hereunder. The amount of each Issuing Xxxxxx’s Issuing Lender Commitment as of the Amendment No. 12 Effective Date is set forth on Schedule 1.2, or if an Issuing Lender has entered into an Assignment and Assumption or has otherwise assumed an Issuing Lender Commitment after the Amendment No. 12 Effective Date, the amount set forth for such Issuing Lender as its Issuing Lender Commitment in the Register maintained by the Administrative Agent. The Issuing Lender Commitment of an Issuing Lender may be modified from time to time by agreement between such Issuing Lender and the Borrower, and notified to the Administrative Agent.

Issuing Lender Commitment with respect to each Issuing Lender, the commitment of such Issuing Lender to issue Letters of Credit hereunder. The amount of each Issuing Lender’s Issuing Lender Commitment as of the Closing Date is set forth on Schedule 1.2, or if an Issuing Lender has entered into an Assignment and Assumption or has otherwise assumed an Issuing Lender Commitment after the Closing Date, the amount set forth for such Issuing Lender as its Issuing Lender Commitment in the Register maintained by the Administrative Agent. The Issuing Lender Commitment of an Issuing Lender may be modified from time to time by agreement between such Issuing Lender and the Borrower, and notified to the Administrative Agent.

Issuing Lender Commitment with respect to each Issuing Lender, the commitment of such Issuing Lender to issue Letters of Credit hereunder. As of the date hereof, each Issuing Lender Commitment of each Lead Lender in its capacity as Issuing Lender is $56,250,000. The Issuing Lender Commitment of any Alternate Issuing Lender shall be set forth in a written notice from such Alternate Issuing Lender to the Administrative Agent on or prior to the date that such Person becomes an Alternate Issuing Lender.

Issuing Lender Commitment with respect to each Issuing Lender, the commitment of such Issuing Lender to issue Letters of Credit hereunder. The initial amount of each Issuing Lender’s Issuing Lender Commitment is set forth on Schedule 1.1C, or if an Issuing Lender has entered into an Assignment and Assumption, the amount set forth for such Issuing Lender as its Issuing Lender Commitment in the Register maintained by the Administrative Agent.

Issuing Lender Commitment means, as to any Issuing Lender, (a) $25,000,000 or (b) if such Issuing Lender has entered into an Assignment and Acceptance Agreement, the amount set forth for such Issuing Lender as its Issuing Lender Commitment in the Register maintained by the Agent pursuant to Section 12.5(e).

Issuing Lender Commitment with respect to each Issuing Lender, $10,000,000 or such other amount as separately agreed in writing by such Issuing Lender and the Borrower.