Canadian Overadvance has the meaning assigned to such term in Section 2.04(b).
Overadvance has the meaning set forth in Section 2.5.
Unintentional Overadvance means an Overadvance which, to the Agent’s knowledge, did not constitute an Overadvance when made but which has become an Overadvance resulting from changed circumstances beyond the control of the Credit Parties, including, without limitation, a reduction in the Appraised Value of property or assets included in the Borrowing Base or misrepresentation by the Loan Parties.
Permitted Overadvance means an Overadvance made by the Agent, in its discretion, which:
Overadvance Amount has the meaning specified therefor in Section 2.4(f).
Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.
Overadvance Loan means a Base Rate Loan made when an Overadvance exists or is caused by the funding thereof.
Protective Advance has the meaning assigned to such term in Section 2.04.
Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).
Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.
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.
Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:
Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.
Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).
Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.
Swing Loan Exposure means, as of any date of determination with respect to any Lender, such Lender’s Pro Rata Share of the Swing Loans on such date.
Revolving Advances means Advances made other than Letters of Credit.
Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.
Term Loan Advances are each defined in Section 2.1.1(a).
Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).
Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).
Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).
Refunded Swing Line Loans has the meaning assigned to that term in subsection 2.1A(iii).
Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.
Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.
Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of (i) the principal amount of Revolving Loans and Swing Loans made and outstanding at such time and (ii) the LC Outstandings at such time.