Sterling Sublimit definition

Sterling Sublimit means an amount equal to the lesser of (x) the Aggregate Commitments and (y) £300,000,000. The Sterling Sublimit is part of, and not in addition to, the Aggregate Commitments.
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Sterling Sublimit means the Dollar Equivalent of Sterling in an amount not to exceed $100,000,000.
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Sterling Sublimit means the Dollar Equivalent of Sterling equal to $25,000,000.
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Examples of Sterling Sublimit in a sentence

  • The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, the Swing Line Sublimit, the Euro Sublimit or the Sterling Sublimit or the unused Commitments of any Class under this Section 2.06 as the Borrower may direct in its sole discretion.

  • The amount of any such Revolving Credit Commitment reduction shall not be applied to the Letter of Credit Sublimit, the Swing Line Sublimit, the Euro Sublimit or Sterling Sublimit unless otherwise specified by the Borrower.

  • The amount of any such Revolving Credit Commitment reduction shall not be applied to the Letter of Credit Sublimit, the Swing Line Sublimit, the Euro Sublimit or Sterling Sublimit unless otherwise specified by the BV Borrower.

  • In no event shall a Protective Advance be made if, after giving effect thereto, (a) the Euros Outstanding shall exceed the Euro Sublimit, (b) the Sterling Outstanding shall exceed the Sterling Sublimit and (c) the Yen Outstanding shall exceed the Yen Sublimit.

  • The purchasers have agreed that the Private Placement Warrants will not be sold or transferred by them, until 30 days after the completion of a Business Combination.The Initial Stockholders and the holders of the Private Placement Warrants will be entitled to registration rights with respect to their securities pursuant to an agreement signed prior to or on the effective date of the Public Offering.

  • No reduction of the Commitments shall reduce the Sterling Sub-limit except that if, after giving effect to any such reduction of the Commitments, the aggregate amount of the remaining Commitments would be less than the Sterling Sub-limit, the Sterling Sub-limit thenceforth shall be such lesser amount.

  • Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time and the Pounds Sterling Sublimit, the Borrower may borrow under this Section 2.01(e), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(e).

  • The aggregate amount of the Commitments on the Agreement Date is $150,000,000 and the Sterling Sub-limit on the Agreement Date is $70,000,000.

  • The aggregate amount of the Commitments on the Restated Agreement Date is $150,000,000 and the Sterling Sub-limit on the Restated Agreement Date is $70,000,000.

  • The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit, the Swing Line Sublimit, the Euro Sublimit or the Sterling Sublimit or the unused Commitments of any Class under this Section 2.06 as the relevant Borrower may direct in its sole discretion.


More Definitions of Sterling Sublimit

Sterling Sublimit means an amount equal to the lesser of (a) $420,000,000 and (b) the aggregate Dollar Amount of the Sterling Revolving Credit Commitments. The Sterling Sublimit is part of, not in addition to, the Revolving Credit Facility.
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Sterling Sublimit means the Dollar Equivalent of Sterling equal to $25,000,000. “Submitted Amount” has the meaning set forth in Section 2.05(a)(v)(C)(1). “Submitted Discount” has the meaning set forth in Section 2.05(a)(v)(C)(1).
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Sterling Sublimit means, in relation to any Capital denominated in Sterling, up to £10,000,000.
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Sterling Sublimit means a Dollar Amount equal to $500,000,000.
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Sterling Sublimit means the Dollar Equivalent of Sterling equal to $50,000,000.
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Related to Sterling Sublimit

  • Swing Line Sublimit means an amount equal to the lesser of (a) $50,000,000 and (b) the Aggregate Revolving Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

  • Letter of Credit Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $50,000,000. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Swingline Commitment the obligation of the Swingline Lender to make Swingline Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

  • Swing Line means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Dollar Equivalent means, at any time, (a) with respect to any amount denominated in Dollars, such amount, and (b) with respect to any amount denominated in any Alternative Currency, the equivalent amount thereof in Dollars as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of Dollars with such Alternative Currency.