Multicurrency Revolving Exposure definition

Multicurrency Revolving Exposure means, at any time, the sum of (a) the Dollar Equivalent of the principal amount of the Multicurrency Revolving Loans outstanding at such time and (b) the Multicurrency LC Exposure outstanding at such time.

Multicurrency Revolving Exposure means, with respect to any Multicurrency Revolving Lender at any time, the sum of (a) the outstanding Dollar Amount of Multicurrency Revolving Loans of such Multicurrency Revolving Lender at such time, plus (b) an amount equal to such Multicurrency Revolving Lender’s Applicable Percentage of the Multicurrency LC Exposure at such time

Multicurrency Revolving Exposure means, with respect to any Multicurrency Lender at any time, the sum at such time, without duplication, of (a) such Lender’s Multicurrency Commitment Percentage of the sum of the US Dollar Equivalent of the principal amounts of the outstanding Multicurrency Revolving Committed Loans, plus (b) the aggregate amount of such Lender’s obligation to purchase participations in Swing Line Loans, plus (c) the aggregate amount of such Lender’s LC Exposure.

Examples of Multicurrency Revolving Exposure in a sentence

• All or any part of such Defaulting Lender’s participation in LC Obligations shall be reallocated among the non-Defaulting Lenders in accordance with their respective Pro Rata Percentage (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Multicurrency Revolving Exposure of any non-Defaulting Lender to exceed such non-Defaulting Lender’s Multicurrency Revolving Commitment.

• The Issuing Bank shall have no obligation to issue, and Borrower shall not request the issuance of, any Letter of Credit at any time if after giving effect to such issuance, (x) the LC Exposure would exceed the LC Commitment, (y) the total Multicurrency Revolving Exposure would exceed the total Multicurrency Revolving Commitments, or (z) the expiry date of the proposed Letter of Credit is on or after the close of business on the Letter of Credit Expiration Date.

• If the reallocation described in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under Law, (A) prepay (1) Swingline Loans in an amount equal to the Swingline Lender’s Fronting Exposure and (2) Multicurrency Revolving Loans in an amount equal to the Revolving Lenders’ Multicurrency Revolving Exposure and (B) Cash Collateralize Letters of Credit in an amount equal to such Defaulting Lender’s LC Exposure.

More Definitions of Multicurrency Revolving Exposure

Multicurrency Revolving Exposure means, with respect to any Multicurrency Revolving Lender at any time, the sum of the aggregate outstanding principal amount of such Multicurrency Revolving Lender’s Multicurrency Revolving Credit Advances and its L/C Exposure under the Multicurrency Revolving Credit Facility and Swing Line Exposure at such time; provided that for such purpose, the outstanding principal amount of any Multicurrency Revolving Credit Advance shall be deemed to be equal to the Equivalent in Dollars of such Multicurrency Revolving Credit Advance as at such time.

Multicurrency Revolving Exposure means, with respect to any Multicurrency Revolving Lender at any time, the sum of the aggregate outstanding principal amount of such Multicurrency Revolving Lender’s Multicurrency Revolving Credit Advances and its L/C Exposure under the Multicurrency Revolving Credit Facility at such time; provided that for such purpose, the outstanding principal amount of any Multicurrency Revolving Credit Advance shall be deemed to be equal to the Equivalent in Dollars of such Multicurrency Revolving Credit Advance as at such time.

Multicurrency Revolving Exposure means, with respect to any Multicurrency Lender at any time, the sum at such time, without duplication, of such Lender’s Multicurrency Commitment Percentage of the sum of the US Dollar Equivalent of the principal amounts of the outstanding Multicurrency Revolving Committed Loans.

Multicurrency Revolving Exposure means, with respect to any Lender at any time, the sum of (a) the outstanding principal amount of such Lender’s Multicurrency Revolving Loans denominated in US Dollars at such time, (b) the US Dollar Equivalent of the outstanding principal amount of such Lender’s Multicurrency Revolving Loans denominated in Foreign Currencies at such time and (c) the US Dollar Equivalent of the aggregate face amount of the B/As accepted by such Lender and outstanding at such time.

Multicurrency Revolving Exposure means, with respect to any Multicurrency Revolving Lender at any time, the sum of (a) the outstanding principal amount of Multicurrency Revolving Loans of such Multicurrency Revolving Lender at such time, plus (b) an amount equal to the Applicable Percentage of the aggregate principal amount of the Multicurrency Swingline Loans of such Multicurrency Revolving Lender at such time, plus (c) an amount equal to the Applicable Percentage of the Canadian LC Exposure at such time, plus (d) an amount equal to such Multicurrency Revolving Lender’s Applicable Percentage of the aggregate principal amount of Multicurrency Overadvances outstanding.

Multicurrency Revolving Exposure means, with respect to any Revolving Lender, an amount equal to the Applicable Percentage of such Revolving Lender multiplied by the principal amount of outstanding Multicurrency Revolving Loans.

Multicurrency Revolving Exposure means, at any time, the sum of (a) the Dollar Equivalent of the principal amount of the Multicurrency Revolving Loans outstanding at such time and (b) the Multicurrency LC Exposure outstanding at such time. “Multicurrency Revolving Loans” means the revolving loans made by Lenders holding USD/Multicurrency Revolving Commitments under Section 2.01. “Multicurrency Revolving Sublimit” means $3,250,000,0002,750,000,000. 40