Letter of Credit Sublimit

Example Definitions of "Letter of Credit Sublimit"
Letter of Credit Sublimit. Means $5,000,000.
Letter of Credit Sublimit. Means, at any time, an amount equal to zero percent (0%) of the Maximum Commitment measured at the time of issuance of any Letter of Credit; provided, that such percentage may be increased with the consent of the Administrative Agent and the Letter of Credit Issuer in their sole discretion to an amount not to exceed twenty percent (20%) of the Maximum Commitment measured at the time of issuance of any Letter of Credit. The Letter of Credit Sublimit is a part of, and not in addition to, the... Maximum Commitment. View More
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