Example ContractsClausesisp98Variants
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LOC Obligations” means, at any time, the sum, without duplication, of # the maximum amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in such Letters of Credit plus # the aggregate amount of all drawings under Letters of Credit honored by an Issuing , but not theretofore reimbursed. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

LOCL/C Obligations” means, as at any time,date of determination, the sum, without duplication, of # the maximumaggregate amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in suchoutstanding Letters of Credit plus # the aggregate of all unreimbursed amounts, including all Letter of Credit borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of all drawings under Letterssuch Letter of Credit honored by an Issuing , but not theretofore reimbursed.shall be determined in accordance with [Section 1.06]. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98,ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

LOCL/C Obligations” means, as at any time,date of determination, the sum, without duplication, of # the maximumaggregate amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in suchoutstanding Letters of Credit plus # the aggregate of all Unreimbursed Amounts (including all L/C Borrowings). For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of all drawings under Letterssuch Letter of Credit honored by an Issuing , but not theretofore reimbursed.shall be determined in accordance with [Section 1.06]. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98,ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

LOCL/C Obligations” means, as at any time,date of determination, the sum, without duplication, of # the maximumaggregate amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in suchoutstanding Letters of Credit plus # the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of all drawings under Letterssuch Letter of Credit honored by an Issuing , but not theretofore reimbursed.shall be determined in accordance with [Section 1.07]. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98,ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

LOCL/C Obligations” means, as at any time,date of determination, the sum, without duplication, of # the maximumaggregate amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in suchoutstanding Letters of Credit plus # the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of all drawings under Letterssuch Letter of Credit honored by an Issuing , but not theretofore reimbursed.shall be determined in accordance with [Section 1.09]. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98,ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

LOCL/C Obligations” means, as at any time,date of determination, the sum, without duplication, of # the maximumaggregate amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in suchoutstanding Letters of Credit plus # the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of all drawings under Letterssuch Letter of Credit honored by an Issuing , but not theretofore reimbursed.shall be determined in accordance with [Section 1.06]. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98,ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

LOCL/C Obligations” means, as at any time,date of determination, the sum, without duplication, of # the maximumaggregate amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in suchoutstanding Letters of Credit plus # the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of all drawings under Letterssuch Letter of Credit honored by an Issuing , but not theretofore reimbursed.shall be determined in accordance with [Section 1.08]. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98,ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

LOCL/C Obligations” means, as at any time,date of determination, the sum, without duplication, of # the maximumaggregate amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in suchoutstanding Letters of Credit plus # the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of all drawings under Letterssuch Letter of Credit honored by an Issuing , but not theretofore reimbursed.shall be determined in accordance with [Section 1.06]. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98,ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

LOCL/C Obligations” means, as at any time,date of determination, the sum, without duplication, of # the maximumaggregate amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in suchoutstanding Letters of Credit plus # the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of all drawings under Letterssuch Letter of Credit honored by an Issuing , but not theretofore reimbursed.shall be determined in accordance with [Section 1.06]. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98,ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

LOCL/C Obligations” means, as at any time,date of determination, the sum, without duplication, of # the maximumaggregate amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit then outstanding, assuming compliance with all requirements for drawings referred to in suchoutstanding Letters of Credit plus # the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of all drawings under Letterssuch Letter of Credit honored by an Issuing , but not theretofore reimbursed.shall be determined in accordance with [Section 1.8]. For all purposes of this Credit Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP98,ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

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