L/C Amount definition
L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.
L/C Amount shall have the meaning assigned to such term in the definition of “Revolving L/C Exposure”.
L/C Amount means the sum of (a) the aggregate face amount of any issued and outstanding Letters of Credit, plus (b) amounts drawn under Letters of Credit for which the Lenders have neither been reimbursed nor effected a Borrowing.
More Definitions of L/C Amount
L/C Amount means the aggregate face amount of all Acceptable Letters of Credit required by Exhibit 31.
L/C Amount means the sum of (i) the aggregate amount available for drawing under any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.
L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit, plus (ii) amounts drawn under Letters of Credit for which the Lenders have neither been reimbursed nor made any Advance.
L/C Amount for a Borrower means the sum of (i) the Aggregate Face Amount of any issued and outstanding Letters of Credit for which such Borrower is the account party and (ii) the unpaid amount of the Obligation of Reimbursement with respect to such Letters of Credit.
L/C Amount has the meaning specified in Section 11.10(c).
L/C Amount has the meaning set forth in Section 2.17(B)(ii)(b) hereof.
L/C Amount for a Borrower means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit issued to such Borrower and (ii) the unpaid amount of the Obligation of Reimbursement of such Borrower.