Examples of Aggregate Term Loan Exposure in a sentence
The Loan Parties will not permit (i) Revolver Exposure plus Aggregate Term Loan Exposure at any time to exceed (ii) the Combined Borrowing Base at such time, provided that, if the forgoing shall occur, the Borrowers will promptly prepay the Revolver Exposure in an aggregate amount equal to such excess.
Subject to the terms and conditions set forth herein, each Lender agrees to make Term Loans to the Borrowers on the Effective Date in an aggregate principal amount that will not result in (i) such Lender’s Term Loan Exposure exceeding such Lender’s Commitment or (ii) the Aggregate Term Loan Exposure exceeding the Aggregate Commitments of all Lenders.