Multicurrency Sublimit definition

Multicurrency Sublimit means the 2013 Multicurrency Sublimit, the 2016 Multicurrency Sublimit and/or the 2020 Multicurrency Sublimit, as the case may be.

Multicurrency Sublimit means, at any date, the lesser of (x) $400,000,000 and (y) the Total Revolving Credit Commitment at such date.

Multicurrency Sublimit at any time, the lesser of (i) $800,000,000 and (ii) the aggregate amount of the Revolving Credit Commitments then in effect (or, if the Revolving Credit Commitments have terminated, the aggregate Revolving Credit Commitments in effect immediately prior to such termination).

Examples of Multicurrency Sublimit in a sentence

• If, after giving effect to the prepayment of all outstanding Revolving Credit Loans denominated in Alternative Currencies, the Aggregate Multicurrency Exposures exceed 100% of the Multicurrency Sublimit, the Borrower shall Cash Collateralize the Letters of Credit Outstanding in respect of Letters of Credit denominated in Alternative Currencies to the extent of such excess.

• If the Borrower opts to reduce the Revolving Commitments, the Multicurrency Sublimit shall subsequently be reduced on a pro rata basis.

• No Borrower shall request and no Multicurrency Lender shall be required to make any Multicurrency Loan if, after making such Multicurrency Loan (i) the Total Outstanding Extensions of Credit shall exceed the Total Commitments then in effect or (ii) the Dollar Equivalent of the aggregate outstanding Multicurrency Loans shall exceed the Multicurrency Sublimit.

• Moreover, as shown in Table 4, the duration of the events in scenario 4 is two times longer than in the rest of scenarios.

• Any reduction of the Total Commitments to an amount below the Multicurrency Sublimit then in effect shall result in an automatic dollar-for-dollar reduction of the Multicurrency Sublimit.

More Definitions of Multicurrency Sublimit

Multicurrency Sublimit means $30,000,000.

Multicurrency Sublimit. $300,000,000.

Multicurrency Sublimit means $20,000,000.

Multicurrency Sublimit means, at any date, (A) in the case of Euro, the lesser of (x) $400,000,000 and (y) the Total Revolving Credit Commitment at such date less the amount of Multicurrency Exposure denominated in Alternative Currencies and (B) in the case of Alternative Currencies, an aggregate amount equal to the lesser of (x) $200,000,000 and (y) the Total Revolving Credit Commitment at such date.

Multicurrency Sublimit means the Dollar Equivalent Amount of $61,304,348.00. The Multicurrency Sublimit is part of, and not in addition to, the Total Commitment.

Multicurrency Sublimit. $250,000,000, which shall part of and included in the Revolving Commitment.

Multicurrency Sublimit means the lesser of (a) $30,000,000, and (b) the aggregate amount of the Commitments.