Examples of Letter of Credit Maximum Amount in a sentence

With respect to its Commitment, Loans, Letter of Credit Maximum Amount and Letters of Credit, the Person serving as the Administrative Agent shall have and may exercise the same rights and powers hereunder and is subject to the same obligations and liabilities as and to the extent set forth herein for any other Lender or Issuing Bank, as the case may be.
The Letter of Credit Liabilities shall not exceed the Letter of Credit Maximum Amount.
Subject to the terms and conditions of this Agreement, Bank may through its Issuing Office, in its sole discretion, at any time and from time to time from the Effective Date until the Revolving Credit Maturity Date, upon the request of Detrex, on behalf of the Companies, issue standby Letters of Credit for the account of Companies, in an aggregate amount at any one time outstanding not to exceed the Letter of Credit Maximum Amount.

More Definitions of Letter of Credit Maximum Amount

Letter of Credit Maximum Amount means as of any date of determination the lesser of: (a) Fifteen Million Dollars ($15,000,000); or (b) the Revolving Credit Maximum Amount as of such date, minus the aggregate principal amount of Advances outstanding as of such date under the Revolving Credit Notes and the Swing Line Notes.

Letter of Credit Maximum Amount means Five Million Dollars ($5,000,000).

Letter of Credit Maximum Amount means Fifteen Million Dollars ($15,000,000).

Letter of Credit Maximum Amount means Ten Million Dollars ($10,000,000).

Letter of Credit Maximum Amount means Twenty Five Million Dollars ($25,000,000).

Letter of Credit Maximum Amount means as of any date of determination the lesser of: (a) Fifteen Million Dollars ($15,000,000); or (b) the Revolving Credit Aggregate Commitment as of such date, minus the aggregate principal amount of Advances outstanding as of such date under the Revolving Credit Notes and the Swing Line Notes.

Letter of Credit Maximum Amount means Twenty Million Dollars ($20,000,000).