Examples of RC Sublimit in a sentence
Subject to the proviso in the immediately preceding sentence, any termination or reduction of the Commitment or the RC Sublimit shall be permanent.
Loans shall constitute utilization of both the RC Sublimit and the Commitments.
The first is “when will you update your research on virus writers?” The answer is “all of the time”.
The Account Parties may at any time terminate, or from time to time reduce, the Commitment and/or RC Sublimit; provided that (i) each reduction of the Commitment or RC Sublimit shall be in an amount that is $25,000,000 or a larger multiple of $5,000,000 and (ii) the Account Parties shall not terminate or reduce the Commitment or RC Sublimit if the Credit Exposure would exceed the Commitment or the outstanding Loans would exceed the RC Sublimit, as the case may be.
Subject to the terms and conditions set forth herein, the Lender agrees to make Loans to an Account Party from time to time during the Availability Period in an aggregate principal amount that will not result in (i) the Lender's outstanding Loans exceeding the RC Sublimit and (ii) the Credit Exposure exceeding the aggregate amount of the Commitment.
The Account Parties may at any time terminate, or from time to time reduce, the Commitments and/or the RC Sublimit; PROVIDED that (i) each reduction of the Commitments or the RC Sublimit shall be in an amount that is $25,000,000 or a larger multiple of $5,000,000 and (ii) the Account Parties shall not terminate or reduce the Commitments or the RC Sublimit if the Aggregate Credit Exposure would exceed the Commitments or the outstanding Loans would exceed the RC Sublimit, as the case may be.
Failure of Contractor to provide the required information, may result in a determination that Contractor is a non-responsive Contractor.
The Account Parties may at any time terminate, or from time to time reduce, the Commitment and/or RC Sublimit; PROVIDED that (i) each reduction of the Commitment or RC Sublimit shall be in an amount that is $25,000,000 or a larger multiple of $5,000,000 and (ii) the Account Parties shall not terminate or reduce the Commitment or RC Sublimit if the Credit Exposure would exceed the Commitment or the outstanding Loans would exceed the RC Sublimit, as the case may be.
Subject to the terms and conditions set forth herein, the Lender agrees to make Loans to an Account Party from time to time during the Availability Period in an aggregate principal amount that will not result in (i) the Lender’s outstanding Loans exceeding the RC Sublimit and (ii) the Credit Exposure exceeding the aggregate amount of the Commitment.
Any termination or reduction of the Commitments or the RC Sublimit shall be permanent.