Available Aggregate Commitment definition

Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time.
Available Aggregate Commitment means (a) at any time on or prior to May 1, 2002, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time and (b) at any time after May 1, 2002, zero.
Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time. "Bank One" means Bank One, NA, a national banking association having its principal office in Chicago, Illinois, in its individual capacity, and its successors. "Borrower" means Xxxxxxx International, Inc., an Indiana corporation, and its successors and assigns. "Borrowing Date" means a date on which an Advance is made hereunder.

Examples of Available Aggregate Commitment in a sentence

  • The Borrower agrees to pay to the Designated Agent for the account of each Lender according to its Pro Rata Share a Commitment Fee (the “Commitment Fee”) at a per annum rate equal to the Applicable Fee Rate on the average daily Available Aggregate Commitment from the date hereof to and including the Facility Termination Date for such Lender, payable in arrears on each Quarterly Payment Date hereafter and on the Facility Termination Date for such Lender.


More Definitions of Available Aggregate Commitment

Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time. “Bank One” means Bank One, NA, a national banking association having its principal office in Chicago, Illinois, in its individual capacity, and its successors.
Available Aggregate Commitment means, for any day, the Aggregate Revolving Commitment then in effect minus the sum (without duplication) of (i) the aggregate principal amount of outstanding Advances and Swing Line Loans, and (ii) the Aggregate Outstanding LC Exposure.
Available Aggregate Commitment means, for any day, the Aggregate Commitment then in effect minus the sum of (i)the aggregate principal amount of the outstanding Advances and (ii)the Aggregate Outstanding LC Exposure.
Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure (exclusive of the portion thereof constituting Term Loans) at such time.
Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure (exclusive of the portion thereof constituting Term Loans) at such time. SIDLEY AUSTIN BROWN & WOOD
Available Aggregate Commitment means, for any day, the Aggregate Commitment then in effect MINUS the sum of (i) the aggregate outstanding principal amount of the Advances; (ii) the aggregate outstanding principal amount of the Swing Line Loans; and (iii) the Aggregate Outstanding LC Exposure.
Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time. “Bank Notice Date” see Section 2.17(b).