Amounts Outstanding definition
Examples of Amounts Outstanding in a sentence
The Utilization Fee shall accrue at all times during the Availability Period (and thereafter so long as any Loans remain outstanding) when the Total Amounts Outstanding are greater than or equal to 50% of the Aggregate Revolving Credit Loan Commitments, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date (and, if applicable, thereafter on demand).
Subject to the following sentence, the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Revolving Credit Loan Percentage, a utilization fee (the “Utilization Fee”) in Euros equal to the product of (i) the Utilization Fee Rate times (ii) the actual daily amount of the Total Amounts Outstanding.
The liability shall be divided between the Covered Bondholders pro rata according to the respective Principal Amounts Outstanding of the Covered Bonds held by each of them respectively.
The Bank undertakes to give such written notice to the Purchaser as soon as practicable and in any event no later that 2 hours after Barclays Bank has confirmed to the Bank that the Amounts Outstanding have been so received and credited.
The Borrower must repay the Amounts Outstanding under the Facility at the times and in the manner specified in Part 1.