Net Outstandings definition

Net Outstandings means, in relation to a Multi-account Overdraft, the Ancillary Outstandings of that Multi-account Overdraft.

Net Outstandings of any Lender means, at any time, the sum of (a) all amounts paid by such Lender (other than pursuant to Section 8.5 (Indemnification)) to the Agent in respect to the Revolving Loan or otherwise under this Agreement, MINUS (b) all amounts paid by the Agent to such Lender which are received by the Agent and which, pursuant to this Agreement, are paid over to such Lender for application in reduction of the outstanding principal balance of the Revolving Loan.

Net Outstandings of any Lender means, at any time, the sum of (a) all amounts paid by such Lender (other than pursuant to SECTION 14.7) to the Agent in respect of Revolving Credit Loans or otherwise under this Agreement, MINUS (b) all amounts paid by the Agent to such Lender which are received by the Agent and which, pursuant to this Agreement, are paid over to such Lender for application in reduction of the outstanding principal balance of the Revolving Credit Loans.

Examples of Net Outstandings in a sentence

• The following transactions were carried out with the above related parties at normal commercial terms:(Amount in Rs.) Sr. No.Name of Related partyNature of Transactions31.03.201231.03.20111.Aplab LimitedPurchase of Materials13,67,04618,89,324 Sale of Finished Goods1,10,01,6351,47,15,385 Reimbursement of Expenses Received10,81,23744,731 Service Charges Received6,85,49540,91,100 Service Charges Paid-27,585 Net Outstandings payable/ (receivable) *7,61,18,5475,46,11,1572.Deodhar Electro Design (I) Pvt.

• EFG Eurobank Ergasias Consumer Lending Market Shares 25.7%22.2%% 3025 20 15 10 5 01999 2000 Mortgage LendingImproving service through technology and training Total Net Outstandings in Mortgage Lending for the year 2000 amounted to Grd.

• It is agreed that each Lender's Net Outstandings are intended by the Lenders to be equal at all times to such Lender's Ratable Share of the aggregate principal amount of all Revolving Credit Loans outstanding.

• He was also responsible for the management and development of a diverse team of employees.

• Designated Net Amount means the amount notified by the Company to the Agent upon the establishment of a Multi-account Overdraft as being the maximum amount of Net Outstandings that will, at any time, be outstanding under that Multi-account Overdraft.

More Definitions of Net Outstandings

Net Outstandings means, at any time, an amount equal to the aggregate unpaid amount of all Outstandings minus the aggregate amount of funds in the [****] (as defined in the [****]) as of such date.

Net Outstandings means, in relation to a Multi-account Overdraft, the aggregate debit balance of overdrafts comprised in that Multi-account Overdraft, net of any credit balances on any account comprised in that Multi-account Overdraft, to the extent that the credit balances are freely available to be set-off by the relevant Ancillary Lender against Liabilities owed to it by the relevant Debtor under that Multi-account Overdraft.

Net Outstandings means, with respect to an overdraft facility comprising more than one account, the Ancillary Outstandings of such overdraft facility.

Net Outstandings means, at any time, an amount equal to the aggregate unpaid amount of all Outstandings minus the aggregate amount of funds in the [****] (as defined in the [****] Agreement) as of such date.

Net Outstandings means, in relation to a Multi-account Overdraft, the Ancillary Outstandings of that Multi-account Overdraft. “Net Proceeds” means (a) with respect to any Disposition (including any Prepayment Asset Sale), the Cash proceeds (including CashEquivalents and Cash proceeds subsequently received (as and when received) in respect of non-Cash consideration initially received), net of (i) selling costsand out-of-pocket expenses (including reasonable broker’s fees or commissions, legal fees, transfer and similar Taxes and the Lead Borrower’s good faith estimate of income Taxes paid or payable (including pursuant to Tax sharing arrangements or any Tax distributions) in connection with such Disposition),(ii) amounts provided as a reserve in accordance with GAAP against any liabilities under any indemnification obligation or purchase price adjustment associated with such Disposition (provided that to the extent and at the time any such amounts are released from such reserve, such amounts shall constitute Net Proceeds), (iii) the principal amount, premium or penalty, if any, interest and other amounts on any Indebtedness (other than the Loans, and any other Indebtedness secured by a Lien that is pari passu with or expressly subordinated to the Lien on the Collateral securing the Secured Obligations) which is secured by the asset sold in such Disposition and which is required to be repaid or otherwise comes due or would be in default and is repaid (other than any such Indebtedness that is assumed by the purchaser of such asset) and (iv) Cash escrows (until released from escrow to the Lead Borrower or any of its Restricted Subsidiaries) from the sale price for such Disposition; and (b) with respect to any issuance or incurrence of Indebtedness or Capital Stock, the Cash proceeds thereof, net of all Taxes and customary fees, commissions, costs, underwriting discounts and other fees and expenses incurred in connection therewith.

Net Outstandings means, in relation to a Multi-account Overdraft, the Ancillary Outstandings of that Multi-account Overdraft. “New Lender” has the meaning given to such term in Clause 25.1 (Assignments and transfers by the Lenders).

Net Outstandings means, in relation to a Cash Management Agreement, the aggregate debit balance of overdrafts on any account subject to such Cash Management Agreement, net of any credit balances on any account comprised subject to such Cash Management Agreement, to the extent that the credit balances are freely available to be set-off by the relevant Cash Management Provider against Liabilities owed to it by the relevant Debtor under that Cash Management Agreement.