Loan Exposure definition
Loan 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.
Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of such ▇▇▇▇▇▇’s portion of the Term Loans; provided, at any time prior to the making of the Term Loans, the Loan Exposure of any Lender shall be equal to such ▇▇▇▇▇▇’s Commitment.
Loan Exposure means, with respect to any Lender as of any date of determination, (a) as of the Closing Date, that Lender’s Loan Commitment; and (b) after the Closing Date, the outstanding principal amount of the Loans made by such Lender.
Examples of Loan Exposure in a sentence
Subject to the terms and conditions set forth herein, each ▇▇▇▇▇▇ agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in such ▇▇▇▇▇▇’s Loan Exposure exceeding such ▇▇▇▇▇▇’s Commitment.
So long as any Lender shall have any Loan Exposure or any Commitment hereunder, the Borrower will not permit the Consolidated Net Interest Coverage Ratio as of the last day of each fiscal quarter, to be less than 3.00 to 1.00.
More Definitions of Loan Exposure
Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Loans of such Lender; provided, at any time prior to the making of the Loans, the Loan Exposure of any Lender shall be equal to such Lender’s Commitment.
Loan Exposure as defined in the Facility A Credit Agreement.
Loan Exposure means, with respect to any Lender on any date of determination, the percentage equal to the aggregate outstanding principal amount of such Lender’s Loans on such date divided by the aggregate Loans on such date.
Loan Exposure with respect to any Lender as of any date of determination, (i) if there are no outstanding Letters of Credit or Revolving Credit Loans, that Lender's Revolving Credit Commitment, and (ii) otherwise, the sum of (a) the aggregate outstanding principal amount of the Revolving Credit Loans of that Lender plus (b) in the event that Lender is an Issuing Lender, the Dollar Equivalent of the aggregate stated or face amount in respect of all Letters of Credit issued by that Lender and outstanding (in each case net of any participations purchased by other Lenders in such Letters of Credit or any unreimbursed drawings thereunder) plus (c) in the event that such Lender is the Swing Line Lender, the aggregate principal amount of Swing Line Loans made by such Lender then outstanding (net of any participations purchased by other Lenders in such Swing Line Loans) plus (d) the Dollar Equivalent of the aggregate amount of all participations purchased by that Lender in any outstanding Swing Line Loans or Letters of Credit or any unreimbursed drawings under any Letters of Credit.
Loan Exposure as to any Lender, at any time, the aggregate Commitments (or, if such Commitments have terminated or expired, the aggregate amount then outstanding of Loans made pursuant to such Commitments) and outstanding Loans then constituted by such L▇▇▇▇▇’s Commitment (or, if such Commitment has terminated or expired, the aggregate amount then outstanding of Loans made pursuant to such Commitment) and outstanding Loans.
Loan Exposure means, with respect to any Lender as of any date of determination, the aggregate outstanding principal amount of the Loan of that Lender.
Loan Exposure means, with respect to any Lender as of any date of determination (i) prior to the termination of the Commitments, that Lender's Commitment, and (ii) after the termination of the Commitments, the aggregate outstanding principal amount of the Revolving Loans of that Lender.