Letter of Credit Facility Commitment definition

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 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

• All L/C Participation Fees, Letter of Credit Facility Commitment Fees and Issuing Bank Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days.

• Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Term Loans (or Term Commitment) or the Letter of Credit Facility Commitment.

• In the case of an assignment of the Letter of Credit Facility Commitment or Letter of Credit Obligations only, no such assignment shall be made to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons.

• A Participant shall not be entitled to receive any greater payment under Sections 2.14(c), 2.15 and 2.16 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless, in the case of a participation of a Letter of Credit Facility Commitment or Letter of Credit Obligations, the sale of the participation to such Participant is made with the Borrowers’ prior written consent.

More Definitions of Letter of Credit Facility Commitment

Letter of Credit Facility Commitment means $17,500,000.

Letter of Credit Facility Commitment means $5,000,000 from January 1, 1998 and at all times thereafter.

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 $10,000,000 during the period from the effective date of the First Amendment to this Agreement through December 31, 1997; $5,000,000 during the period from January 1, 1998 through March 31, 1998; and $10,000,000 on April 1, 1998 and at all times thereafter.

Letter of Credit Facility Commitment means, with respect to each LC Lender, the commitment of such LC Lender to participate in Letters of Credit in the aggregate principal amount outstanding not to exceed the amount set forth opposite such LC Lender’s name on Schedule I or in the Assignment and Acceptance or Increase and Joinder Agreement, as applicable, pursuant to which such LC Lender becomes a party hereto, as such amount may be adjusted from to time pursuant to this Agreement. “Letter of Credit Facility Commitments” means the aggregate of such commitments for all LC Lenders, and the aggregate amount of the Letter of Credit Facility Commitments on the Effective Date is $400,000,000.00.

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 Twenty Million Dollars ($20,000,000)."