Maximum number of Utilisations. The Borrower may not deliver a Utilisation Request if, as a result of the proposed Utilisation, more than 3 Letters of Credit would be outstanding.
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Sources: Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.)
Maximum number of Utilisations. The Borrower may not deliver a Utilisation Request if, if as a result of the proposed Utilisation, Utilisation more than 3 150 Letters of Credit would be outstanding.
Appears in 1 contract
Sources: Multicurrency Letter of Credit Facility Agreement (Flagstone Reinsurance Holdings, S.A.)
Maximum number of Utilisations. The Borrower may not deliver a Utilisation Request if, if as a result of the proposed Utilisation, Utilisation more than 3 Letters of Credit 7 Loans would be outstanding.
Appears in 1 contract