CREDIT OUTSTANDING definition

CREDIT OUTSTANDING means any loan, extension of credit, issuance of a guarantee, acceptance, or letter of credit, including an endorsement or standby letter of credit, or other transaction that extends financing to a person or group of persons.
Sample 1Sample 2Sample 3
CREDIT OUTSTANDING means, at any time, without duplication, the aggregate unpaid principal amount of the Loans.
Sample 1Sample 2
CREDIT OUTSTANDING means, at any time, the sum of (i) the aggregate Letter of Credit Exposure at such time, plus (ii) the aggregate outstanding principal balance of all Loans at such time.
Sample 1Sample 2

Examples of CREDIT OUTSTANDING in a sentence

  • XXXXXX, III XXXXX XXXXXXX SCHEDULE 2 to SECOND AMENDED AND RESTATED CREDIT AGREEMENT STANDBY LETTERS OF CREDIT OUTSTANDING As of March 31, 2002 BENEFICIARY LC # MATURITY AMOUNT NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURG, PA.

  • LETTERS OF CREDIT OUTSTANDING 09/30/06 ISSUING DOCUMENTARY / CURRENCY USD DATE DATE EXPIRY BANK BENEFICIARY/LOCATION L/C # DIP/PRE-DIP COMPANY TYPE STANDBY CURR.

  • THE OUTSTANDING PRINCIPAL BALANCE OF THE REVOLVING NOTE PLUS THE FACE AMOUNT OF ALL LETTERS OF CREDIT OUTSTANDING SHALL NOT EXCEED THE BORROWING BASE AS OF THE END OF ANY FISCAL QUARTER, BEGINNING QUARTER ENDING JUNE 30, 1998.

  • PAYMENTS: I agree to pay this note as follows: ON DEMAND, BUT IF NO DEMAND IS MADE THEN MONTHLY PAYMENTS OF ACCRUED INTEREST CALCULATED ON THE AMOUNT OF CREDIT OUTSTANDING BEGINNING ON 04-01-2002 AND PRINCIPAL DUE ON 08-01-2003.

  • In addition to interest, I agree to pay the following charges which are are not included in the principal amount above: ______________________________________________________________________________________________________________ PAYMENTS: I agree to pay this note as follows: QUARTERLY PAYMENTS OF ACCRUED INTEREST CALCULATED ON THE AMOUNT OF CREDIT OUTSTANDING BEGINNING ON 02-10-2011 AND PRINCIPAL DUE ON 11-07-2011.

  • PAYMENTS: I agree to pay this note as follows: ON DEMAND, BUT IF NO DEMAND IS MADE THEN MONTHLY PAYMENTS OF ACCRUED INTEREST CALCULATED ON THE AMOUNT OF CREDIT OUTSTANDING BEGINNING ON 01-02-2005 AND PRINCIPAL DUE ON 03-02-2005.

  • LETTERS OF CREDIT OUTSTANDING As of September 8, 2008 EXPIRATION BENEFICIARY NAME AMOUNT LC # DATE ISSUING BANK Royal Bank of Canada 725,643 000000 1-Mar-09 PNC Liberty Mutual 125,000 257810 1-Mar-09 PNC 850,643 Schedule 2.10 To Credit Agreement RTI International Metals, Inc.

  • I agree to pay this Note as follows: ON DEMAND, BUT IF NO DEMAND IS MADE THEN MONTHLY PAYMENTS OF ACCRUED INTEREST CALCULATED ON THE AMOUNT OF CREDIT OUTSTANDING BEGINNING ON 03-27-2008 AND MONTHLY PRINCIPAL PAYMENTS OF $80,000.00 BEGINNING 03-27-2006.

  • IF BANK OF AMERICA RESIGNS AS L/C ISSUER, IT SHALL RETAIN ALL THE RIGHTS, POWERS, PRIVILEGES AND DUTIES OF THE L/C ISSUER HEREUNDER WITH RESPECT TO ALL LETTERS OF CREDIT OUTSTANDING AS OF THE EFFECTIVE DATE OF ITS RESIGNATION AS L/C ISSUER AND ALL L/C OBLIGATIONS WITH RESPECT THERETO (INCLUDING THE RIGHT TO REQUIRE THE LENDERS TO MAKE BASE RATE LOANS OR FUND RISK PARTICIPATIONS IN UNREIMBURSED AMOUNTS PURSUANT TO SECTION 2.03(C)).

  • If a payment Is made more than 15 days after it is due, I agree to pay a late charge of 5.000% OF THE LATE AMOUNT WITH A MIN OF $50.00 AND A MAX OF $500.00 ADDITIONAL CHARGES: In addition to interest, I agree to pay the following charges which  are x are not included in the principal amount above: LOAN CLOSING FEES PAYMENTS: I agree to pay this note as follows: MONTHLY PAYMENTS OF ACCRUED INTEREST CALCULATED ON THE AMOUNT OF CREDIT OUTSTANDING BEGINNING ON 04-01-2007.


More Definitions of CREDIT OUTSTANDING

CREDIT OUTSTANDING means, at any time, without duplication, the sum of (i) the aggregate unpaid principal amount of the Loans and (ii) the Outstanding Letters of Credit.
Sample 1

Related to CREDIT OUTSTANDING

  • Revolving Credit Outstandings means, at any particular time, the sum of (a) the principal amount of the Revolving Loans outstanding at such time, (b) the Letter of Credit Obligations outstanding at such time and (c) the principal amount of the Swing Loans outstanding at such time.

  • Letter of Credit Outstandings means, at any time, the sum of (i) the aggregate Stated Amount of all outstanding Letters of Credit and (ii) the amount of all Unpaid Drawings.

  • Letters of Credit Outstanding means, at any time, the sum of, without duplication, (a) the aggregate Stated Amount of all outstanding Letters of Credit and (b) the aggregate principal amount of all Unpaid Drawings in respect of all Letters of Credit.

  • Total Revolving Credit Outstandings means the aggregate Outstanding Amount of all Revolving Credit Loans, Swing Line Loans and L/C Obligations.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Total Revolving Outstandings means the aggregate Outstanding Amount of all Revolving Loans, all Swing Line Loans and all L/C Obligations.

  • Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender's Loans at such time.

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • Total Outstandings means the aggregate Outstanding Amount of all Loans and all L/C Obligations.

  • Letter of Credit Exposure means, with respect to any Lender, at any time, the sum of (a) the Dollar Equivalent amount of the principal amount of any Unpaid Drawings in respect of which such Lender has made (or is required to have made) payments to the Letter of Credit Issuer pursuant to Section 3.4(a) at such time and (b) such Lender’s Revolving Credit Commitment Percentage of the Letters of Credit Outstanding at such time (excluding the portion thereof consisting of Unpaid Drawings in respect of which the Lenders have made (or are required to have made) payments to the Letter of Credit Issuer pursuant to Section 3.4(a)).

  • Revolving Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time.

  • Aggregate Credit Exposure means, at any time, the aggregate Credit Exposure of all the Lenders at such time.

  • Letter of Credit Usage means, as at any date of determination, the sum of (i) the maximum aggregate amount which is or at any time thereafter may become available for drawing under all Letters of Credit then outstanding plus (ii) the aggregate amount of all drawings under Letters of Credit honored by Issuing Lenders and not theretofore reimbursed out of the proceeds of Revolving Loans pursuant to subsection 3.3B or otherwise reimbursed by Company.

  • Outstanding Credit Exposure means, as to any Bank at any time, the sum of (i) the aggregate principal amount of its Loans outstanding at such time, plus (ii) an amount equal to its Pro Rata Share of the LC Obligations at such time.