Tranche B Maximum Drawing Amount Clause Samples

Tranche B Maximum Drawing Amount. The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Tranche B Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Tranche B Letters of Credit.
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Tranche B Maximum Drawing Amount. The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Tranche B Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Tranche B Letters of Credit. Tranche B Outstanding Amount. The sum of the sum of the Dollar Equivalent of the Tranche B Maximum Drawing Amount plus the Dollar Equivalent of the total Unpaid Reimbursement Obligations with respect to Tranche B Letters of Credit on such date after giving effect to any Credit Extension pursuant to §2.1.2 and repayment of Reimbursement Obligations with respect to Tranche B Letters of Credit on such date.
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Related to Tranche B Maximum Drawing Amount

  • Maximum Drawing Amount The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit.

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

  • Revolving Committed Amount If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower shall immediately prepay the Revolving Loans and Swingline Loans and (after all Revolving Loans and Swingline Loans have been repaid) Cash Collateralize the LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vii) below).

  • Minimum Amounts and Maximum Number of Eurodollar Tranches Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.