LC Commitment

Example Definitions of "LC Commitment"
LC Commitment. $75,000,000; provided that no Issuing Bank shall be obligated to issue Letters of Credit in an aggregate face amount in excess of $25,000,000 (or such greater amount as is agreed to in writing by such Issuing Bank) outstanding at any time
LC Commitment. At any time means the greater of (a) $400,000,000 and (b) 20% of the aggregate Commitments at such time.
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