Issuing Lender Sublimit definition

Issuing Lender Sublimit means $16,666,666.67, or such greater amount as determined by the applicable Issuing Lender in its sole discretion.

Issuing Lender Sublimit means (a) with respect to UBS AG, Stamford Branch, $10,000,000 and (b) with respect to each other Issuing Lender party hereto from time to time, Letter of Credit Outstandings at any time not to exceed in the aggregate an amount to be agreed between the Company and such Issuing Lender (upon notice to the Administrative Agent) (as such amount may be adjusted as provided below) and, in any case of clause (a), such other amount to be agreed in writing between the Company and such Issuing Lender (in its sole discretion).

Issuing Lender Sublimit means, (a) with respect to each initial Issuing Lender, $7,500,000, as such amount may be modified pursuant to a Successor Issuing Lender Agreement and (b) with respect to any Successor Issuing Lender, such amount as specified in the applicable Successor Issuing Lender Agreement.

Examples of Issuing Lender Sublimit in a sentence

• Any Letter of Credit so issued by an Issuing Lender in excess of its individual Issuing Lender Sublimit then in effect shall nonetheless constitute a Letter of Credit for all purposes of the Credit Agreement, and shall not affect the Issuing Lender Sublimit of any other Issuing Lender, subject to the limitations on the aggregate Letter of Credit Exposure set forth Section 2.2(a)(i).

• Any Letter of Credit so issued by an Issuing Lender in excess of its individual Issuing Lender Sublimit then in effect shall nonetheless constitute a Letter of Credit for all purposes of this Agreement, and shall not affect the Issuing Lender Sublimit of any other Issuing Lender, subject to the limitations on the aggregate Letter of Credit Exposure set forth in Section 2.2(a)(i).

• Each assignment of the Revolving Credit Commitments of any Class by any Revolving Lender pursuant to this Section 11.8.2 shall automatically constitute and be deemed an assignment of its Letter of Credit Issuing Lender Sublimit to the assignee with respect to such Revolving Credit Commitments of such Class.

• This Agreement, the other Loan Documents and any separate letter agreements with respect to (i) fees payable to the Administrative Agent and (ii) increases or reductions of the Issuing Lender Sublimit of the Issuing Lender constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof.

• As of the Amendment No. 2 Effective Date, the individual sublimits are as follows: Issuing Lender Sublimit Wells Fargo $850,000,000DNB Bank ASA, New York Branch $850,000,000Barclays Bank plc $200,000,000JPMorgan Chase Bank, N.A. $200,000,000Citibank, N.A. $200,000,000The Bank of Tokyo-Mitsubishi UFJ, Ltd.

More Definitions of Issuing Lender Sublimit

Issuing Lender Sublimit means (a) with respect to Wells Fargo Bank, National Association, $200,000,000, (b) with respect to JPMorgan Chase Bank, N.A., $160,000,000 , and (c) with respect to each other Issuing Lender party hereto from time to time, Letter of Credit Outstandings at any time not to exceed in the aggregate an amount to be agreed between the Company and such Issuing Lender (upon notice to the Administrative Agent) (as such amount may be adjusted as provided below) and, in any case of clause (a) or (b), such other amount to be agreed in writing between the Company and such Issuing Lender (in its sole discretion).

Issuing Lender Sublimit means, (a) with respect to each Issuing Lender as of the Amendment No. 2 Effective Date, the LOC Committed Amount multiplied by 11.1111111%, as such amount may be modified pursuant to a Successor Issuing Lender Agreement and (b) with respect to any Successor Issuing Lender, such amount as specified in the applicable Successor Issuing Lender Agreement.

Issuing Lender Sublimit means (a) with respect to Xxxxx Fargo Bank, National Association, $200,000,000, (b) with respect to JPMorgan Chase Bank, N.A., $160,000,000 , and (c) with respect to each other Issuing Lender party hereto from time to time, Letter of Credit Outstandings at any time not to exceed in the aggregate an amount to be agreed between the Company and such Issuing Lender (upon notice to the Administrative Agent) (as such amount may be adjusted as provided below) and, in any case of clause (a) or (b), such other amount to be agreed in writing between the Company and such Issuing Lender (in its sole discretion).

Issuing Lender Sublimit means, as of the Effective Date, (i) $20,000,000, in the case of JPMCB and (ii) $30,000,000, in the case of Amegy, such amount as shall be designated to the Administrative Agent and the Borrower in writing by an Issuing Lender; provided that any Issuing Lender shall be permitted at any time to increase its Issuing Lender Sublimit upon providing five (5) days’ prior written notice thereof to the Administrative Agent and the Borrower; provided, further, that the sum of all Issuing Lender Sublimits hereunder shall not exceed $50,000,000 in the aggregate.

Issuing Lender Sublimit. (a) as of the Closing Date, (i) $25,000,000, in the case of Bank of America and (ii) $25,000,000, in the case of PNC Bank, National Association and (b) in the case of any other Lender designated as an Issuing Lender after the Closing Date in an Issuing Lender Agreement, such amount as shall be designated to the Administrative Agent and the Company in writing by such Issuing Lender in such Issuing Lender Agreement; provided that any Issuing Lender shall be permitted at any time to increase its Issuing Lender Sublimit upon providing five (5) days’ prior written notice thereof to the Administrative Agent and the Company to an amount not exceeding the L/C Commitment.

Issuing Lender Sublimit means, with respect to each Issuing Lender, Letter of Credit Outstandings at any time not to exceed in the aggregate $100,000,000 or such greater amount to be agreed in writing between the Company and such Issuing Lender (in its sole discretion).”

Issuing Lender Sublimit means, as of the Effective Date, (i) $10,000,000, in the case of JPMCB and (ii) $25,000,000, in the case of Amegy, such amount as shall be designated to the Administrative Agent and the Borrower in writing by an Issuing Lender; provided that any Issuing Lender shall be permitted at any time to increase its Issuing Lender Sublimit upon providing five (5) days’ prior written notice thereof to the Administrative Agent and the Borrower. For the avoidance of doubt, while the Issuing Lender Sublimits total in excess of the Facility Limit and the Letter of Credit Maximum Amount, the Letter of Credit Exposure shall not exceed the Letter of Credit Maximum Amount or the Facility Limit and the Aggregate Revolving Exposure shall not exceed the Facility Limit.