LC Amount definition

LC Amount means the dollar amount set forth next to each LC Participant’s name on Schedule A to this Agreement.
LC Amount has the meaning given in the Aircraft Lease Agreement.
LC Amount at any time, the aggregate undrawn face amount of all Letters of Credit and LC Guaranties then outstanding.

Examples of LC Amount in a sentence

  • After giving effect to such issuance, the LC Amount will be [$_______].

  • Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan: (a) the Aggregate Capital plus the LC Amount would exceed the Facility Limit at such time; or (b) the Aggregate Capital plus the Adjusted LC Amount would exceed the Borrowing Base at such time.


More Definitions of LC Amount

LC Amount means the sum of (i) the aggregate face amount of all issued and outstanding Letters of Credit, plus (ii) Unreimbursed L/C Obligations.
LC Amount has the meaning set forth in Section 3.2.
LC Amount at any time, the aggregate undrawn available amount of all Letters of Credit then outstanding plus the amount of LC Obligations that have not been reimbursed by Borrowers or funded with a Revolving Credit Loan.
LC Amount applicable thereto shall in no event to exceed the original LC Amount under Article 6 and such "LC Amount" applicable thereto shall not be subject to reduction in manner in which the original LC Amount is subject to reduction in accordance with Article 6.
LC Amount means at any time of determination, the sum of the amounts then available to be drawn under all outstanding Letters of Credit.
LC Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.