Local Currency Sublimit definition

Local Currency Sublimit means $75,000,000.
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Local Currency Sublimit means $200,000,000. The Local Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.
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Local Currency Sublimit means, as of any date, the sum (a) of $80,000,000 and (b) the aggregate principal amount, not in excess of $95,000,000, of all Local Currency Loans outstanding or made on such date the proceeds of which were, or will be on such date, used to finance the purchase of the capital stock of the European Target or to refinance such Local Currency Loans."
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Examples of Local Currency Sublimit in a sentence

  • In the event that, on any Reset Date, the Local Currency Loan Exposure exceeds 105% of the Local Currency Sublimit, then, within three Business Days after notice thereof to the Company from the Administrative Agent, the Borrowers shall prepay Local Currency Loans in an aggregate amount such that, after giving effect thereto, the Local Currency Loan Exposure does not exceed the Local Currency Sublimit.

  • Rowing WA further reserves the right to refuse the service of alcohol to any patron it considers to be intoxicated, and/or offensive manner.

  • In the event that, on any Calculation Date, the Local Currency Loan Exposure exceeds 105% of the Local Currency Sublimit, then, within three Business Days after notice thereof to the Borrower from the Administrative Agent, the Borrower shall prepay Local Currency Loans in an aggregate amount such that, after giving effect to such prepayment, the Local Currency Loan Exposure does not exceed the Local Currency Sublimit.

  • If, following any partial reduction of the Revolving Credit Commitments, the Total Revolving Credit Commitment (as so reduced) shall be less than the Local Currency Sublimit, the Local Currency Sublimit shall be automatically reduced so as to equal the Total Revolving Credit Commitment.


More Definitions of Local Currency Sublimit

Local Currency Sublimit means $60,000,000.
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