Credit Facility Exposure definition

Credit Facility Exposure means, for any Lender at any time, the sum of (i) such Lender’s Revolving Facility Exposure at such time, (ii) in the case of the Swing Line Lender, the principal amount of Swing Loans outstanding at such time, and (iii) the outstanding aggregate principal amount of the Term Loan made by such Lender, if any.

Credit Facility Exposure means, for any Lender at any time, the Dollar Equivalent of the sum of (i) such Lender’s Revolving Facility Exposure at such time, and (ii) in the case of the Swing Line Lender, the principal amount of Swing Loans outstanding at such time.

Credit Facility Exposure means, for any Lender at any time, the sum of (i) such Lender’s Revolving Facility Exposure at such time, and (ii) if such Lender is a Canadian Lender (whether directly or by its Canadian Lending Installation), such Canadian Lender’s Canadian Sub-Facility Exposure at such time.

Examples of Credit Facility Exposure in a sentence

• On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Administrative Agent, the Lenders, the Swing Line Lender and each LC Issuer agree to establish the Credit Facility for the benefit of the Borrower; provided, however, that at no time will (i) the Aggregate Credit Facility Exposure exceed the Total Credit Facility Amount, or (ii) the Credit Facility Exposure of any Lender exceed the aggregate amount of such Lender’s Commitment.

• Except for Protective Advances and Overadvance Loans permitted under Section 2.03, if on any date (after giving effect to any other payments on such date) the Aggregate Credit Facility Exposure exceeds the Maximum Borrowing Amount, then, in the case of each of the foregoing, the Borrower shall, before noon on the second Business Day following such date, prepay the principal amount of Loans and, after Loans have been paid in full, Unpaid Drawings, in an aggregate amount at least equal to such excess.

• On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Administrative Agent, the Lenders, the Swing Line Lender and each LC Issuer agree to establish the Credit Facility for the benefit of the Borrower; provided, however, that at no time will (i) the Aggregate Credit Facility Exposure exceed the Total Revolving Commitment, or (ii) the Credit Facility Exposure of any Lender exceed the aggregate amount of such Lender’s Commitment.

• Borrowers agree to pay, on the 1st day of each month and on the Maturity Date, to Agent, for the account of Lenders, in accordance with their respective Pro Rata Shares, an unused line fee (the “Unused Line Fee”) at the rate of the applicable Unused Line Fee Percentage based on the result of (i) the Total Credit Facility minus (ii) the average daily Credit Facility Exposure during the immediately preceding month.

• Without Agent’s prior approval, Borrowers shall not make any Bulk Purchase, (i) during any period of time when Hypothetical Availability is less than or equal 15% of the Credit Facility Exposure or (ii) that, on a pro forma basis, after giving effect to the contemplated Bulk Purchase, would result in Hypothetical Availability being less than or equal to 15% of the Credit Facility Exposure.

More Definitions of Credit Facility Exposure

Credit Facility Exposure means the sum of (A) the aggregate outstanding amount of all Revolving Loans, plus (B) the aggregate amount of Letter of Credit Obligations.

Credit Facility Exposure means, for any Lender at any time, the outstanding aggregate principal amount of the Term Loan made by such Lender, if any.

Credit Facility Exposure means, for any Lender at any time, the Dollar Equivalent of the sum of

Credit Facility Exposure means, for any Lender at any time, the Dollar Equivalent of the sum of (i) such Lender’s Revolving Exposure at such time; (ii) in the case of the Swing Line Lender, (A) if the principal amount of Swing Loans outstanding at such time does not exceed the Funded Swing Loan Threshold, the principal amount of Swing Loans outstanding at such time and (B) if the principal amount of Swing Loans outstanding at such time exceeds the Funded Swing Loan Threshold, 50% of the principal amount of Swing Loans outstanding at such time; (iii) in the case of the Funded Swing Line Participant, if the principal amount of Swing Loans outstanding at such time exceeds the Funded Swing Loan Threshold, 50% of the principal amount of Swing Loans outstanding at such time; and (iv) if such Lender is a Canadian Lender (whether directly or through its Canadian Lending Installation), such Canadian Lender’s Canadian Facility Exposure at such time.

Credit Facility Exposure means, for any Lender at any time, the sum of (i) such Lender’s Revolving Facility Exposure at such time and (ii) in the case of the Swingline Lender, the principal amount of Swingline Loans outstanding at such time.

Credit Facility Exposure means, for any Lender at any time, the sum of (a) such Lender’s Revolving Facility Exposure at such time and (b) the principal amount of the Term Loans held by such Lender as such time.

Credit Facility Exposure means, for any Lender at any time, the outstanding aggregate principal amount of the Term Loan made by such Lender, if any. “Credit Party” means each U.S. Credit Party and each Non-U.S. EMEA Credit Party. “CRTC” means the Canadian Radio-television and Telecommunications Commission. “Debtor Relief Laws” means the Bankruptcy Code and any other federal, state, provincial, or foreign bankruptcy or insolvency law, each as now and hereinafter in effect, any successors to such statutes,