Example ContractsClauseseach loan or letter of creditIdentical
Each Loan or Letter of Credit
Each Loan or Letter of Credit contract clause examples

Letter of Credit Amounts. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the available amount of such Letter of Credit at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum available amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum amount may be drawn immediately at such time.

Amendment No. 9 and Joinder to Credit Agreement
Source: SEC EDGAR database • Date: October 18, 2024 • SIC: 2890 • CIK: 2890

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