Letter of Credit Limit definition

Letter of Credit Limit means $5,000,000.
Letter of Credit Limit means $10,000,000.
Letter of Credit Limit means the amount set forth in Section 1(e) of Schedule A.

Examples of Letter of Credit Limit in a sentence

  • Lender shall, on the terms and conditions set forth in this Agreement (including the terms and conditions set forth in Section 1.1 and Section 1.6), make Letters of Credit available to Borrowers either by issuing them, or by causing other financial institutions to issue them supported by Xxxxxx’s guaranty or indemnification; provided, that after giving effect to each Letter of Credit, the Letter of Credit Balance will not exceed the Letter of Credit Limit.


More Definitions of Letter of Credit Limit

Letter of Credit Limit means $25,000,000.
Letter of Credit Limit means, on any date, a maximum amount (as such amount may be reduced from time to time pursuant to Section 2.2) equal to $275,000,000. The Letter of Credit Limit is part of, and not in addition to, the Commitments.
Letter of Credit Limit means $20,000,000.
Letter of Credit Limit means $15,000,000.
Letter of Credit Limit means $20,000,000.”
Letter of Credit Limit means $75,000,000.
Letter of Credit Limit means $1,000,000.