Outstanding Credit Exposure definition

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.

Outstanding Credit Exposure means, as to any Lender at any time, the aggregate principal amount of its Loans outstanding at such time.

Outstanding Credit Exposure means, as to any Lender 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.

Examples of Outstanding Credit Exposure in a sentence

• The aggregate Commitments (or Outstanding Credit Exposure if the applicable Commitments have been terminated) purchased by the Assignee hereunder is set forth in Item 4 of Schedule 1.

• In consideration for the sale and assignment of Outstanding Credit Exposure hereunder, the Assignee shall pay the Assignor, on the Effective Date, the amount agreed to by the Assignor and the Assignee.

• If any Lender, whether in connection with setoff or amounts which might be subject to set off or otherwise, receives collateral or other protection or such amounts which may be subject to set off, such Lender agrees, promptly upon demand, to take such action necessary such that all Lenders share in the benefits of such collateral ratably in proportion to their respective Pro Rata Share of the Aggregate Outstanding Credit Exposure.

More Definitions of Outstanding Credit Exposure

Outstanding Credit Exposure means, as to any Lender at any time, the aggregate principal amount of its (i) Revolving Loans, (ii) Competitive Loans, (iii) LC Exposure and (iv) Swingline Exposure outstanding at such time.

Outstanding Credit Exposure means, with respect to any Lender, at any particular time, the sum of (i) the outstanding principal Dollar Amount of such Lender’s Pro Rata Share of the Revolving Loans at such time, plus (ii) the outstanding principal Dollar Amount of such Lender’s Pro Rata Share of the Swing Line Loans at such time, plus (iii) the outstanding Dollar Amount of such Lender’s Pro Rata Share of the L/C Obligations at such time.

Outstanding Credit Exposure means the sum of (a) the aggregate principal amount of Advances outstanding at such time, plus (b) an amount equal to the Letter of Credit Obligations at such time.

Outstanding Credit Exposure is defined in Section 2.4(b)(ii) hereof.

Outstanding Credit Exposure means, as to any Lender at any time, the Dollar Amount of the sum of (i) such Lender’s Outstanding Revolving Credit Exposure, plus (ii) such Lender’s Outstanding Initial Term Loan Credit Exposure and Outstanding 2020 Incremental Term Loan Credit Exposure.

Outstanding Credit Exposure means, as to any Lender at any time the aggregate principal amount of its Advances outstanding at such time.

Outstanding Credit Exposure means, as to any Lender at any time, the aggregate principal amount of its Revolving Loans outstanding at such time.