Letter of Credit Facility Commitment definition

Letter of Credit Facility Commitment means $12,500,000.
Letter of Credit Facility Commitment means $15,000,000. "Revolving Line of Credit Commitment" shall mean $17,500,000.
Letter of Credit Facility Commitment means $12,500,000. "Letter of Credit Obligations" shall mean that portion of the

Examples of Letter of Credit Facility Commitment in a sentence

  • The Borrower has requested that the Bank (i) increase the amount of the Revolving Line of Credit Commitment from the sum of $17,500,000 to the sum of $22,000,000, and (ii) decrease the amount of the Letter of Credit Facility Commitment from the sum of $15,000,000 to the sum of $12,500,000.

  • Administrative Agent, the Issuers party hereto and the LC Borrower hereby consent to and approve the Letter of Credit Facility Commitment of each Added Lender and the increase in the Letter of Credit Facility Commitment of each Increasing Lender, and such resulting increase in the aggregate Letter of Credit Facility Commitments pursuant to Section 2.21 of the Credit Agreement.

  • The Borrower has requested that the Bank (i) increase the amount of the Revolving Line of Credit Commitment from the sum of $15,000,000 to the sum of $17,500,000, and (ii) decrease the amount of the Letter of Credit Facility Commitment from the sum of $17,500,000 to the sum of $15,000,000.


More Definitions of Letter of Credit Facility Commitment

Letter of Credit Facility Commitment means $10,000,000. "Revolving Line of Credit Commitment" shall mean $50,000,000.
Letter of Credit Facility Commitment means $10,000,000.
Letter of Credit Facility Commitment means a non-revolving reducing amount equal to the lesser of (i) the Outstanding Facility Letters of Credit, and (ii) $25,000,000. ..
Letter of Credit Facility Commitment means the UF L/C Commitment or the PF L/C Commitment.
Letter of Credit Facility Commitment means Twenty Million Dollars ($20,000,000)."
Letter of Credit Facility Commitment means, with respect to each Lender, the commitment of such Lender to acquire participations in Letter of Credit Facility Letters of Credit pursuant to Section 2.23(d), as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Letter of Credit Facility Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of the Letter of Credit Facility Commitment is $20,000,000.
Letter of Credit Facility Commitment means $17,500,000.