Letter of Credit Commitment

Letter of Credit Commitment. Means the commitment of the Lender to issue Letters of Credit in an amount up to $10,000,000, as the same may be reduced in accordance with Sections 2.4 and 7.1(iii) hereof.

Letter of Credit Commitment. Means, with respect to any Lender, the commitment of such Lender, if any, (a) to issue Syndicated Letters of Credit and Non-Syndicated Letters of Credit and acquire participations in Participated Letters of Credit and/or (b) to make Loans under Section 2.07(a)(I), in each case expressed as an amount representing the maximum aggregate amount of such Lender's Credit Exposure hereunder, as such commitment may be (i) reduced from time to time pursuant to Section 2.11 and (ii) reduced or increased... from time to time pursuant to assignments by or to such Lender pursuant to Section 10.04. The initial amount of each Lender's Letter of Credit Commitment (including such Lender's allocable portion of the RC Sublimit that may be borrowed under Section 2.07(a)(I)) is set forth on Schedule I or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Letter of Credit Commitment, as applicable. The aggregate amount of the Lenders' Letter of Credit Commitments as of the First Amendment Effective Date is $3,000,000,000. View More

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

Letter of Credit Commitment. An amount equal to $7,000,000.00

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