Aggregate Stated Amount definition

Aggregate Stated Amount means, as of any date, the aggregate Stated Amount of all Letters of Credit issued hereunder that remain outstanding as of such date.
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Aggregate Stated Amount has the meaning given in Section 2.6(c).
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Aggregate Stated Amount means, on any Determination Date, the aggregate of the A$ Equivalent of the Stated Amounts of the relevant Notes at that time.
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Examples of Aggregate Stated Amount in a sentence

  • Maximum Number of [Name of Certificates] Up to [_________] Aggregate Stated Amount of [Name of Certificates]: $[__________] Authorized Denomination: $[___] and integral multiples thereof Rating Agencies: [_________] Closing Date: [________, 20__] Distribution Dates: [_________] and [_________], the Maturity Date, [any Underlying Securities Redemption Distribution Date] or any Underlying Securities Default Distribution Date.

  • The Company has requested CIBC to issue one or more standby letters of credit in an Aggregate Stated Amount not to exceed the Maximum Stated Amount, for the account of the Company to support the Company’s obligation to post collateral in support of its energy hedging activities.

  • The Agent shall promptly advise each Bank of any change in the Aggregate Stated Amount or Expiration Date in respect of each of the Letters of Credit, the cancellation or other termination of any of the Letters of Credit and any Drawing; provided, however, that failure to provide such notice shall not limit or impair the rights of the Agent hereunder or under the Financing Documents.

  • Aggregate Stated Amount of Corporate Units to be issued by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and each ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Trust On each closing date contemplated in the Securities Purchase Agreement, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and the ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Trusts will issue three series of Corporate Units.

  • The Company shall pay to CIBC a fee, quarterly in arrears on the last day of each March, June, September and December falling after the Closing Date (or, if any such day is not a Business Day, the next succeeding Business Day), and on the Termination Date, at a rate equal to 1.25% per annum on the average Aggregate Stated Amount of all Letters of Credit outstanding on each day during such quarter, and for the number of days in such period.

  • Notwithstanding anything in this Section 1.15 to the contrary, no Committed Provider shall be required to make a purchase pursuant to this Section 1.15 for an amount which (a) would cause the aggregate Net Exposure (after giving effect to such purchase) of the related Purchaser Group to exceed the Commitment for such Purchaser Group or (b) would cause the sum of (i) the Capital plus (ii) the LC Aggregate Stated Amount to exceed the Facility Limit.


More Definitions of Aggregate Stated Amount

Aggregate Stated Amount means sum of the Stated Amount of the Series A Letter of Credit and the Stated Amount of the Series B Letter of Credit.
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Aggregate Stated Amount means $15,000,000, as the same may be adjusted pursuant to Section 2.7; provided, that from and after the earlier of (i) the date that the Borrower delivers the FPL QF L/C Termination Notice or (ii) July 10, 2004, if the FPL QF Letter of Credit has not been issued by such date, the Aggregate Stated Amount shall be reduced by $5,000,000.
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Related to Aggregate Stated Amount

  • Aggregate Stated Principal Balance As to any Distribution Date, the aggregate of the Stated Principal Balances for all Mortgage Loans (and when such term is used with respect to a particular Mortgage Pool, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Mortgage Pool) which were outstanding on the Due Date in the month preceding the month of such Distribution Date.

  • Stated Amount of any Letter of Credit shall mean the maximum amount from time to time available to be drawn thereunder, determined without regard to whether any conditions to drawing could then be met.

  • Aggregate Expense Rate With respect to any Mortgage Loan, the sum of the related Servicing Fee Rate and the applicable Insurance Fee Rate, in the case of any Mortgage Loan covered by a Bulk PMI Policy or a LPMI Policy.

  • Aggregate Commitment Amount means the aggregate principal amount of the Aggregate Commitments from time to time. On the Closing Date, the Aggregate Commitment Amount equals $1,500,000,000.

  • Aggregate Invested Amount means, as of any date of determination, the sum of the Invested Amounts of all Series of Certificates issued and outstanding on such date of determination.