Aggregate Committed Credit Exposure definition

Aggregate Committed Credit Exposure means the aggregate amount of the Lenders' Committed Credit Exposures.
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Aggregate Committed Credit Exposure has the meaning specified in the Five-Year Revolving Credit Agreement.
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Examples of Aggregate Committed Credit Exposure in a sentence

  • The Borrower shall not, prior to the Compliance Date, permit (a) the sum of the Aggregate Committed Credit Exposure and the aggregate principal amount of the outstanding Bid Loans at any time to be greater than (b) the Adjusted Inventory Amount at such time.

  • Under no circumstances whatsoever will the Borrower request a letter of credit under the Five-Year Credit Agreement at any time that the sum under this Agreement of (x) the aggregate principal amount of all outstanding Bid Loans made by all Lenders plus (y) the Aggregate Committed Credit Exposure is less than the Aggregate Commitments hereunder.

  • The Guarantor shall not, prior to the Compliance Date, permit (a) the sum of the Aggregate Committed Credit Exposure and the aggregate principal amount of the outstanding Bid Loans at any time to be greater than (b) the Adjusted Inventory Amount at such time.