Designated Obligations definition

Designated Obligations means all obligations of the Borrower with respect to (a) principal of and interest on the Loans and (b) accrued and unpaid fees under the Loan Documents.

Designated Obligations means all obligations of the Borrowers with respect to (a) principal of and interest on the Revolving Loans, (b) participations in Swingline Loans funded (or required to be funded as provided in Article IX) by the Tranche One Lenders or the Tranche Two Lenders, as applicable, (c) amounts payable to the Tranche One Lenders in respect of B/As, (d) unreimbursed LC Disbursements and interest thereon and (e) all facility fees and Letter of Credit participation fees.

Designated Obligations means all obligations of the Credit Parties with respect to (a) principal of and interest on the Loans of each Class (other than Competitive Loans), (b) unreimbursed LC Disbursements and interest thereon and (c) all facility fees and participation fees under Section 6.07 with respect thereto.

Examples of Designated Obligations in a sentence

• As a result of the CAM Exchange, on and after the CAM Exchange Date, each payment received by the Administrative Agent pursuant to any Loan Document in respect of the Designated Obligations shall be distributed to the Lenders pro rata in accordance with their respective CAM Percentages (to be redetermined as of each such date of payment).

• It is understood and agreed that the CAM Exchange, in itself, will not affect the aggregate amount of Designated Obligations owing by the Loan Parties.

• As a result of the CAM Exchange, from and after the CAM Exchange Date, each payment received by Agent pursuant to any Loan Document in respect of any of the Designated Obligations shall be distributed to Lenders, pro rata in accordance with their respective CAM Percentages.

• As a result of the CAM Exchange, on and after the CAM Exchange Date, each payment received by the Administrative Agent pursuant to any Loan Document in respect of the Designated Obligations shall be distributed to the Lenders pro rata in accordance with their respective CAM Percentages (as may be recalculated pursuant to Section 10.20(c) below).

• In the event that on or after the CAM Exchange Date, the aggregate amount of the Designated Obligations shall change as a result of the making of a disbursement under a Letter of Credit by a LC Issuer that is not reimbursed by a Borrower, then each Lender shall promptly reimburse LC Issuer for its CAM Percentage of such unreimbursed payment.

More Definitions of Designated Obligations

Designated Obligations has the meaning assigned to such term in Section 9.18.

Designated Obligations means all Obligations of any Loan Party in respect of principal and interest on the Loans, and L/C Obligations.

Designated Obligations means all obligations of the Borrower with respect to (a) principal of and interest on the Revolving Loans, (b) participations in Swingline Loans funded by the Revolving Lenders, (c) unreimbursed LC Disbursements and interest thereon and (d) all commitment fees and Letter of Credit participation fees.

Designated Obligations means, in respect of this Agreement, all Obligations of the Credit Parties in respect of (a) principal of and interest on the Loans, (b) payments required to be made hereunder in respect of Letters of Credit, including payments in respect of reimbursement of disbursements, interest thereon and obligations to provide cash collateral and (c) facility fees and Letter of Credit participation fees in respect of this Agreement, in each case regardless of whether then due and payable. The Designated Obligations owed to any Lender under this Agreement in respect of outstanding Swingline Loans will consist of such Lender’s Swingline Exposure.

Designated Obligations means all obligations of the Borrowers with respect to (a) principal of and interest on the Loans and(b) accrued and unpaid fees under the Loan Documents.

Designated Obligations means all obligations of the Borrower with respect to (a) principal of and interest on the Loans and LC Exposure and (b) accrued and unpaid fees under the Loan Documents.

Designated Obligations as defined in Section 14.11(a)(v).