Hedge LC Commitment

Hedge LC Commitment. Means the commitment of a Lender to acquire participations in Hedge Letters of Credit, and "Hedge L/C Commitments" means such commitments of all Lenders in the aggregate. The amount of each Lender's Hedge L/C Commitment, if any, is the lesser of (a) the amount set forth on Appendix A-2 or in the applicable Assignment Agreement, and (b) such Lender's Pro Rata Share of the Delivery Amount, as such term is defined in the J. Aron Swap (as amended up to and including the Fifth Amendment Effective... Date), in each case, subject to any adjustment or reduction pursuant to the terms and conditions hereof. View More