Examples of Yen 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 Yen Sublimit or the Swing Line Sublimit or the unused Commitments of any Class under this Section 2.06.
The amount of any such Commitment reduction shall not otherwise be applied to the Letter of Credit Sublimit, the Yen Sublimit or the Swing Line Sublimit unless otherwise specified by the Company.
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.
If such balance, as calculated in Dollars exceeds the Japanese Yen Sublimit by more than US$1,000,000, then the Borrowers, within three (3) days of notice thereof from the Administrative Agent shall make a mandatory prepayment of the Japanese Yen Loans in such amount as necessary to cause the outstanding balance thereof to equal or be less than the Japanese Yen Sublimit.
The amount of any such Commitment reduction shall not otherwise be applied to the Letter of Credit Sublimit, the Yen Sublimit or the Swing Line Sublimit unless otherwise specified by the BorrowerCompany.