Common use of Bonding Capacity Clause in Contracts

Bonding Capacity. The Borrower has Bonding Capacity under the Indenture in excess of $15,000,000 as of the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Central Vermont Public Service Corp)

Bonding Capacity. The Borrower has Bonding Capacity under the Indenture in excess of $15,000,000 60,000,000 as of the Closing DateDate and subsequently in excess of the greater of $30,000,000 or the aggregate amount of unsecured Indebtedness.

Appears in 1 contract

Sources: Credit Agreement (Central Vermont Public Service Corp)

Bonding Capacity. The Borrower has Bonding Capacity under the Indenture in excess of $15,000,000 40,000,000 as of the Closing DateDate and subsequently in excess of the greater of $30,000,000 or the aggregate amount of unsecured Indebtedness.

Appears in 1 contract

Sources: Credit Agreement (Central Vermont Public Service Corp)

Bonding Capacity. The Borrower has Bonding Capacity under the Indenture in excess of $15,000,000 28,000,000 as of the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Central Vermont Public Service Corp)