Letter of Credit Exposure. The sum of (a) the aggregate amount of all Reimbursement Obligations and (b) the aggregate undrawn amount under all outstanding Letters of Credit. The Letter of Credit Exposure of any Lender at any time shall mean its pro rata percentage of the aggregate Letter of Credit Exposure, based on the aggregate Commitments. Letter of Credit Fee. See Section 1.02.
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Samples: Credit Agreement (Pegasus Communications Corp), Credit Agreement (Pegasus Communications Corp)
Letter of Credit Exposure. The sum of (a) the aggregate amount of all Reimbursement Obligations outstanding obligations of the Borrower to repay Letter of Credit Disbursements and (b) the aggregate undrawn amount under all outstanding Letters of Credit. The Letter of Credit Exposure of any Lender at any time shall mean its pro rata PRO RATA percentage of the aggregate Letter of Credit Exposure, based on the aggregate Commitments. Letter of Credit Fee. See Section 1.02.
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Samples: Credit Agreement (Teletrac Inc /De)
Letter of Credit Exposure. The sum of (a) the aggregate amount of all Reimbursement Obligations outstanding obligations of the Companies to repay Letter of Credit Disbursements and (b) the aggregate undrawn amount under all outstanding Letters of Credit. The Letter of Credit Exposure of any Revolver Lender at any time shall mean its pro rata percentage of the aggregate Letter of Credit Exposure, based on the aggregate Revolver Commitments. Letter of Credit Fee. See Section 1.021.03.
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