Accommodations Outstanding means, at any time,
Accommodations Outstanding means, at any time in relation to (a) a Borrower and any Lender, the amount of all Accommodations outstanding thereunder made to such Borrower by such Lender; (b) a Borrower and all Lenders, the amount of all Accommodations outstanding thereunder made to such Borrower by the Lenders, (c) the Borrowers and any Lender, the amount of all Accommodations outstanding thereunder made to the Borrowers by such Lender; and (d) the Borrower and all Lenders, the amount of all Accommodations outstanding thereunder made to the Borrowers by the Lenders. In determining Accommodations Outstanding, the aggregate amount thereof shall be determined on the basis of the aggregate principal amount of all outstanding Advances, the aggregate Face Amount of all outstanding BA Instruments (if any) which any applicable Lender has purchased or arranged to have purchased and the aggregate principal amount of all outstanding Swingline Advances for which the Lenders are contingently liable pursuant to ARTICLE 3 and the aggregate Face Amount of all outstanding Letters of Credit for which the Lenders are contingently liable pursuant to ARTICLE 5. In determining Accommodations Outstanding, the foregoing amounts shall be expressed in U.S. Dollars and each relevant amount denominated in Canadian Dollars shall be converted (for purposes of such determination only) into its Equivalent Amount in U.S. Dollars as of the date of determination.
Accommodations Outstanding means, at any time, in relation to (a) the Borrower and all Term Loan Lenders, the principal amount of all Accommodations outstanding at such time made to the Borrower, and (b) the Borrower and each Term Loan Lender, the principal amount of all Accommodations outstanding at such time made by such Term Loan Lender under its Term Loan Commitment.
Examples of Accommodations Outstanding in a sentence
The Borrower agrees that any Bank so purchasing a participation in the Accommodations Outstanding of a Class made by the other Banks under this Section 5.8 may to the extent permitted by applicable law exercise all rights of set-off, bankers’ lien, counterclaim or similar rights with respect to such participation as fully as if such Bank were a direct holder of such Accommodations Outstanding in the amount of such participation.
The Tranche A Accommodations Outstanding to each Tranche A Bank at any one time shall not exceed the amount of such Tranche A Bank’s Tranche A Commitment as then in effect.
The Borrower hereby promises to pay to the Administrative Agent for the account of each Tranche A Bank the Tranche A Accommodations Outstanding together with all accrued interest and Fees and all other amounts payable to the Tranche A Banks in connection with this Agreement, on the Tranche A Commitment Termination Date.
All the Accommodations Outstanding and interest hereunder constitute “Debt” (as defined in the HMC Support Agreement) and the term “Debt” as defined in the HMC Support Agreement includes all the Accommodations Outstanding and interest under this Agreement in whatever amount the Borrower may from time to time authorize by resolution of its Board of Directors.
The obligations of the Borrower with respect to Sections 6.1, 6.3, 6.5 and 13.3 hereof shall survive the repayment of the Accommodations Outstanding and the termination of the Commitments.
More Definitions of Accommodations Outstanding
Accommodations Outstanding means, at any time, under a Credit Facility or under the Credit Facilities, as applicable and in aggregate, but subject as provided in the next following sentence:
Accommodations Outstanding means, in relation to the Borrower and any Lender at any time under the Credit Facility, an amount equal to the sum of the aggregate principal amount of all outstanding Advances made by the Lender under the Credit Facility and, in relation to the Borrower and all Lenders, means the sum of the Accommodations Outstanding to each Lender.
Accommodations Outstanding means, at any time, the principal amount owed to the Lenders under the Credit Facilities, and, more specifically, means (i) under the Revolving Facility, in relation to (a) the Borrower and all Revolving Lenders, the amount of all Accommodations outstanding thereunder at such time made to the Borrower by the Revolving Lenders, and (b) the Borrower and each Revolving Lender, the amount of all Accommodations outstanding at such time made by such Revolving Lender under its Commitment under the Revolving Facility; (ii) under Facility B, in relation to (a) the Borrower and all Facility B Lenders, the amount of all Accommodations outstanding thereunder at such time made to the Borrower by the Facility B Lenders, and (b) the Borrower and each Facility B Lender, the amount of all Accommodations outstanding at such time made by such Facility B Lender under its Commitment under Facility B; and (iii) in respect of Letters of Credit, in relation to the Borrower and the Issuing Lender, the Aggregate Face Amount of Letters of Credit Outstanding at such time issued by the Issuing Lender to the Borrower. In determining Accommodations Outstanding under the Revolving Facility, the aggregate amount thereof shall be determined on the basis of (i) the aggregate principal amount of all Advances in Canadian Dollars, (ii) the Equivalent Amount in Canadian Dollars of the aggregate principal amount of all Advances in US Dollars, (iii) an amount equal to the Aggregate Face Amount of Letters of Credit Outstanding for which the Revolving Lenders are contingently liable pursuant to Section 3.01(1) and Section 5.02(2), as the case may be, and (iv) the aggregate Face Amount of all outstanding BA Instruments which any applicable Lender has purchased or arranged to have purchased (and in respect of each Revolving Lender, a ratable part of such amounts). In determining Accommodations Outstanding under the Facility B-1 Tranche, the aggregate amount thereof shall be determined on the basis of the aggregate principal amount of all Advances in US Dollars (and in respect of each Facility B-1 Lender, a ratable portion of such amounts). In determining Accommodations Outstanding under the Facility B-2 Tranche, the aggregate amount thereof shall be determined on the basis of (i) the aggregate principal amount of all Advances in Canadian Dollars and (ii) the aggregate Face Amount of all outstanding BA Instruments which any applicable Lender has purchased or arranged to have purchased (and in respect ...
Accommodations Outstanding means an amount equal to the sum of (i) the aggregate principal amount of all outstanding Advances made by the Lender, (ii) the aggregate Face Amount of all outstanding Bankers' Acceptances, completed Drafts and BA Equivalent Notes which the Lender has purchased, and (iii) the aggregate Face Amount of all Documentary Credits for which the Lender is contingently liable. In determining Accommodations Outstanding, the foregoing amounts shall be expressed in Canadian dollars and each relevant U.S. Dollar amount shall be converted, for purposes of such calculation, into its Equivalent Cdn. $ Amount, as of the relevant day.
Accommodations Outstanding means, at any time, (A) under a Credit Facility, in relation to (i) each Borrower and all Lenders under such Credit Facility, the amount of all Accommodations Outstanding thereunder at such time made to such Borrower by such Lenders; and (ii) each Borrower and each Lender under such Credit Facility, the amount of all Accommodations Outstanding thereunder at such time made to such Borrower by such Lender, (B) in respect of Documentary Credits, in relation to each Borrower and the Documentary Credit Lender, the Face Amount of all Documentary Credits outstanding at such time issued by the Documentary Credit Lender to such Borrower, and (C) in respect of Swingline Advances, in relation to each Borrower and the Swingline Lender, the amount of all Swingline Advances outstanding thereunder at such time made to such Borrower by the Swingline Lender. In determining Accommodations Outstanding, the aggregate amount thereof shall be determined on the basis of (y) in the case of all Credit Facilities, the aggregate outstanding principal amount of all Advances and the Face Amount of all outstanding Bankers’ Acceptances, completed Drafts and BA Equivalent Notes which any relevant Lender has purchased, and (z) in the case of the Operating Facility, shall include (a) in respect of the Operating Lenders, an amount equal to the Face Amount of all Documentary Credits for which the Operating Lenders are contingently liable to make an Advance in accordance with Section 5.04(2), (and in respect of each Operating Lender, a rateable part of such Face Amount), and (b) in respect of the Operating Lenders, an amount equal to the principal amount of all Swingline Advances for which the Operating Lenders are contingently liable pursuant to Section 3.01(3) (and in respect of each Operating Lender, a rateable part of such principal amount). In determining Accommodations Outstanding, the foregoing amounts shall be expressed in U.S. Dollars and each relevant Cdn. Dollar amount shall be converted, for the purposes of such calculation, into its Equivalent U.S. $ Amount as of the date of calculation.
Accommodations Outstanding means, in relation to the Borrower and any Bank at any time, an amount equal to the sum of (i) the aggregate principal amount of all outstanding Loans made by the Bank, and (ii) the aggregate Face Amount of all outstanding Bankers’ Acceptances, completed Drafts and BA Equivalent Notes which the Bank has purchased or arranged to have purchased; and in relation to the Borrower and all Banks means the sum of the Accommodations Outstanding to each Bank.