Credit Extensions definition

Credit Extensions mean each of the following: (a) a Borrowing and (b) an L/C Credit Extension.

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Credit Extensions means the Loans and the Letters of Credit.

Credit Extensions means (a) an Advance made by any Lender, and (b) the issuance, increase or extension of any Letter of Credit by the Issuing Lender.

Examples of Credit Extensions in a sentence

• Absent manifest error, the accounts or records maintained by the Agent and each Lender shall be presumed to reflect correctly the amount of the Credit Extensions made by the Lenders to the Borrowers and the interest and payments thereon.

• At the effective time of each such reduction, the Canadian Borrower shall pay to the Agent for application as provided herein (i) any amount by which the Canadian Credit Extensions outstanding on such date exceed the amount to which the Canadian Commitments are to be reduced effective on such date, in each case pro rata based on the amount prepaid, and (ii) any Breakage Costs, if applicable.

• Notwithstanding the foregoing, no Canadian Swingline Loans shall be made pursuant to this subsection (a) (other than Permitted Overadvances) if the aggregate Credit Extensions would exceed the limitations set forth in Section 2.1(a)(i), (iii) or (v).

• At the effective time of each such reduction, the Domestic Borrowers shall pay to the Agent for application as provided herein (i) all Commitment Fees accrued on the amount of the Domestic Commitments so reduced through the date thereof, (ii) any amount by which the Domestic Credit Extensions outstanding on such date exceed the amount to which the Domestic Commitments are to be reduced effective on such date, in each case pro rata based on the amount prepaid, and (iii) any Breakage Costs, if applicable.

• At the effective time of each such reduction, the UK Borrower shall pay to the Agent for application as provided herein (i) any amount by which the UK Credit Extensions outstanding on such date exceed the amount to which the UK Commitments are to be reduced effective on such date, in each case pro rata based on the amount prepaid, and (ii) any Breakage Costs, if applicable.

More Definitions of Credit Extensions

Credit Extensions as of any day, shall be equal to the sum of (a) the principal balance of all Loans then outstanding, and (b) the then amount of the Letter of Credit Outstandings.

Credit Extensions means, as of any date of determination, the sum of (a) the Revolving Credit Extensions and (b) the principal balance of all Additional Loans.

Credit Extensions means each Credit Extension as defined in the Credit Agreement.

Credit Extensions means, collectively, the Canadian Credit Extensions, the UK Credit Extensions and the Domestic Credit Extensions.

Credit Extensions means all of the following: (a) the Term Loans; and (b) all Protective Advances.

Credit Extensions shall have the meaning set forth in the third recital.

Credit Extensions is the Term Loan 2015, any letter of credit, foreign exchange forward contract, amount utilized for cash management services, or any other extension of credit by Bank for Borrower’s benefit.