LC Commitment Amount definition

LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.
LC Commitment Amount means $75,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.05.
LC Commitment Amount means $60,000,000 or the Dollar Equivalent thereof in Designated Foreign Currency.

Examples of LC Commitment Amount in a sentence

  • Subject to the foregoing, (i) any reduction of the Commitments to an amount that is less than $15,000,000 shall also result in a reduction of the LC Commitment Amount to the extent of such deficit, and (ii) if after giving effect to any reduction of the LC Commitment Amount pursuant to the preceding clause (i), any Fronting Commitment exceeds the LC Commitment Amount, such Fronting Commitment shall be automatically reduced by the amount of such excess.


More Definitions of LC Commitment Amount

LC Commitment Amount means $10,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.05.
LC Commitment Amount equals $100,000,000.00.
LC Commitment Amount means the Dollar Equivalent of $50,000,000.
LC Commitment Amount means $400,000,000, as such amount may be increased as set forth in any applicable Incremental Revolving Credit Assumption Agreement (or similar applicable agreement) in accordance with Section 2.18(a).
LC Commitment Amount. With respect to any Pre-funded Letter of Credit, the amount which the Issuer could be required to pay to the Pre-funded LOC Agent Bank in respect thereof (including, for the avoidance of doubt, any portion thereof which the Issuer has collateralized or deposited into a trust or with the Pre-funded LOC Agent Bank for the purpose of making such payments).
LC Commitment Amount means $10,000,000.
LC Commitment Amount means $300,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.