Letter of Credit Commitment

Example Definitions of "Letter of Credit Commitment"
Letter of Credit Commitment. Shall mean, at any date, the maximum amount of Letter of Credit Obligations which may from time to time be outstanding hereunder and under the Letter of Credit Applications, being initially $150,000.00 and, as the context may require, the agreement of Lender to issue the Letters of Credit for the account of Borrower subject to the terms and conditions of this Agreement
Found in Canterbury Park Holding Corp contract
Letter of Credit Commitment. An amount equal to $7,000,000.00
Found in Lithia Motors, Inc. contract
Letter of Credit Commitment. The lesser of (i) Thirty Million and 00/100 Dollars ($30,000,000.00) or (ii) the Unused Line of Credit Amount
Found in Astec Inds Inc contract
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