Revolving Letter of Credit Commitment definition

Revolving Letter of Credit Commitment means $500,000,000, as the same may be reduced from time to time pursuant to Section 4.2(c).
Revolving Letter of Credit Commitment means the Revolving Issuer's obligation to issue Revolving Letters of Credit pursuant to Section 2.1.2 and, with respect to each Revolving Loan Lender, such Lender's Revolving Letter of Credit Participation Obligations.
Revolving Letter of Credit Commitment means, as of any date, an amount equal to the aggregate amount of Revolving Credit Commitments as of such date, as the same may be reduced from time to time pursuant to Section 4.2(c).

Examples of Revolving Letter of Credit Commitment in a sentence

  • The Specified Revolving Letter of Credit Commitment of each Revolving Letter of Credit Issuer shall terminate on the applicable Revolving L/C Maturity Date.


More Definitions of Revolving Letter of Credit Commitment

Revolving Letter of Credit Commitment means, with respect to each Issuing Bank, the commitment of such Issuing Bank to issue Letters of Credit pursuant to Section 2.05 up to the amount set forth on Schedule 2.01 (as amended by the Second Amendment or otherwise in accordance with this Agreement).
Revolving Letter of Credit Commitment means, with respect to each Issuing Bank, the commitment of such Issuing Bank to issue Letters of Credit pursuant to Section 2.05.
Revolving Letter of Credit Commitment means $715,000,000, as the same may be reduced from time to time pursuant to Section 4.2(c) .
Revolving Letter of Credit Commitment means, with respect to each Revolving Letter of Credit Issuer, the amount set forth opposite such Revolving Letter of Credit Issuer’s name on Schedule I to Amendment No. 6, as the same may be reduced from time to time pursuant to Section 3.1; provided that the Revolving Letter of Credit Commitment of any Revolving Letter of Credit Issuer may be increased if agreed in writing between the Borrower and such Revolving Letter of Credit Issuer (each acting in its sole discretion) and notified to the Administrative Agent.
Revolving Letter of Credit Commitment appearing in Section 1.1 of the Credit Agreement is hereby amended by deleting said definition in its entirety and inserting the following new definition in lieu thereof:
Revolving Letter of Credit Commitment appearing in Section 1.1 of the Credit Agreement is hereby amended by deleting the text “$500,000,000” appearing therein and inserting the text “$600,000,000” in lieu thereof.
Revolving Letter of Credit Commitment means a US Letter of Credit Commitment or a Canadian Letter of Credit Commitment.