UK Borrower Sublimit definition

UK Borrower Sublimit means an amount equal to the lesser of the Aggregate Revolving B Commitments and $30,000,000. The UK Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving B Commitments.
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UK Borrower Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $200,000,000. The U.K. Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.
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UK Borrower Sublimit shall have the meaning set forth in Section 2.1(a).
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Examples of UK Borrower Sublimit in a sentence

  • For the avoidance of doubt, notwithstanding any other provisions set forth herein, (i) the U.K. Borrower shall only be required to provide Cash Collateral hereunder on account of Letters of Credit issued under the U.K. Borrower Sublimit (if any) and (ii) the Designated Borrowers shall only be required to provide Cash Collateral hereunder on account of Letters of Credit issued under the Designated Borrower Sublimit (if any).

  • For the avoidance of doubt, Swing Line Loans made to the U.K. Borrower shall be made under the U.K. Borrower Sublimit, Swing Line Loans made to the Designated Borrowers shall be made under the Designated Borrower Sublimit and Swing Line Loans made to the Company shall be made under the Revolving Credit Facility.

  • For the avoidance of doubt, the termination of the status of the U.K. Borrower shall not, in and of itself, reduce the Revolving Credit Commitments or the U.K. Borrower Sublimit.

  • The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, the Swingline Sublimit, the Alternate Currency Sublimit, the UK Borrower Sublimit, the Alternate Currency LC Sublimit or the Aggregate Commitments under this Section 2.04.

  • The Administrative Agent will promptly notify the Lenders of any termination or reduction of the L/C Sublimit, Swingline Sublimit, the Alternative Currency Sublimit, the German Borrower Sublimit, the Spanish Borrower Sublimit, the UK Borrower Sublimit or the Revolving Credit Commitment under this Section 2.06.

  • This measure will develop a Mechanism for addressing environmental and social issues in projects design, implementation and operation.


More Definitions of UK Borrower Sublimit

UK Borrower Sublimit means an amount equal to Thirty Million Dollars ($30,000,000) (determined in an equivalent amount in Dollars for each Loan denominated in Alternative Currency).
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UK Borrower Sublimit means an amount equal to the lesser of the Aggregate Revolving B Commitments and $25,000,000. The UK Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving B Commitments. “Unrestricted Subsidiary” means, as of the Second Amendment Effective Date, each of (a) Bloom That, Inc. (as successor-by-merger with FTD International Corporation), a Delaware corporation, (b) FlowerFarm, Inc. (formerly known as Value Network Service, Inc.), a Delaware corporation, (c) Flowers USA, Inc., a Connecticut corporation, (d) FTD Holdings, Incorporated, a Delaware corporation, and (e) Renaissance Greeting Cards, Inc., a Maine corporation. Following the Second Amendment Effective Date, no additional Subsidiaries may be designated as Unrestricted Subsidiaries, other than the designation of any Floral Support Center SPE as an Unrestricted Subsidiary by the Company (in a written notice by the Company to the Administrative Agent); provided that (i) no Floral Support Center SPE may be designated as an Unrestricted Subsidiary if such Floral Support Center SPE (A) owns any Capital Stock of the Company or any Restricted Subsidiary, (B) holds a Lien on any assets or property of the Company or any Restricted Subsidiary, (C) has, on the date of designation, assets in excess of 5% of the consolidated assets of the Company and its Subsidiaries, (D) has, on the date of designation, gross revenues in excess of 5% of the consolidated gross revenues of the Company and its Subsidiaries, or (E) when aggregated with all other Unrestricted Subsidiaries on the date of designation, has assets in excess of 10% of the consolidated assets of the Company and its Subsidiaries or gross revenues in excess of 10% of the consolidated gross revenues of the Company and its Subsidiaries, (in the case of clauses (i)(C) through (i)(E), based on the most recent financial statements provided by the Company under Section 7.01 and determined over the most recently ended four Fiscal Quarter period for which financial statements are available); (ii) after giving effect to the designation of any Floral Support Center SPE as an Unrestricted Subsidiary, the Company will be in Pro Forma Compliance; and (iii) the Company and its Restricted Subsidiaries shall make no cash Investments in, or provide credit support to, such Floral Support Center SPEs except for (1) customary initial capital contributions made at the time such Floral Support Center SPEs are organized and (2) Contingent Obligations permitted ...
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Related to UK Borrower Sublimit

  • L/C Sublimit means an amount equal to $5,000,000. The L/C Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • L/C Issuer Sublimit means with respect to each L/C Issuer, such amount as may be separately agreed between such L/C Issuer and the Borrower from time to time (with specific notice of such amount, and any change thereto, with respect to each L/C Issuer being promptly communicated to the Administrative Agent), provided that the L/C Issuer Sublimit with respect to any Person that ceases to be an L/C Issuer for any reason pursuant to the terms hereof shall be $0 (subject to the Letters of Credit of such Person remaining outstanding in accordance with the provisions hereof).

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Commitments and $50,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • LC Sublimit means $500,000,000.

  • Swingline Sublimit means an amount equal to the lesser of (a) $15,000,000 and (b) the Revolving Facility. The Swingline Sublimit is part of, and not in addition to, the Revolving Facility.

  • Letter of Credit Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $25,000,000. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

  • Issuing Bank Sublimit means, as of the Effective Date, (i) $2,500,000, in the case of Chase and (ii) in the case of any other Issuing Bank, such amount as shall be designated to the Administrative Agent and the Borrower in writing by such Issuing Bank; provided that any Issuing Bank shall be permitted at any time to increase or reduce its Issuing Bank Sublimit upon providing five (5) days’ prior written notice thereof to the Administrative Agent and the Borrower.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Sublimit means the aggregate amount of Warehousing Advances (expressed as a dollar amount or as a percentage of the Warehousing Commitment Amount) that is permitted to be outstanding at any one time against a specific type of Eligible Loan.

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Foreign Currency Sublimit means $100,000,000.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Swing Line Sublimit means an amount equal to the lesser of (a) $25,000,000 and (b) the Aggregate Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Canadian Commitment means the obligation of the Canadian Lender to (a) make Canadian Loans to the Canadian Borrowers and (b) issue Canadian Letters of Credit for the account of the Canadian Borrowers pursuant to Section 2.03, in an aggregate principal amount at any one time outstanding not to exceed C$15,000,000, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.