Examples of Revolving Credit Exposure in a sentence
Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally and for itself alone, agrees to make Revolving Credit Loans to the Borrower during the Availability Period in an aggregate principal amount that will not result in such Revolving Credit Xxxxxx’s Revolving Credit Exposure exceeding such Revolving Credit Lender’s Commitment or the total Revolving Credit Exposures exceeding the total Commitments.
The Agent, the Borrower and each Lender agree that upon the Effective Date, the Revolving Credit Exposure of the Lenders under the Existing Credit Agreement shall be reallocated among the Lenders in accordance with their respective Percentages calculated based on the Lender Commitments of the Lenders set forth on Schedule II attached hereto (the “Effective Date Percentages”).
Notwithstanding anything herein to the contrary, the Administrative Agent shall not be liable for, or be responsible for any loss, cost or expense suffered by the Borrower, any Subsidiary, any Lender or any Issuing Bank as a result of, any determination of the Revolving Credit Exposure, any of the component amounts thereof or any portion thereof attributable to each Lender or Issuing Bank.