Outstanding Credits means, on any date of determination, the sum of (i) the aggregate principal amount of all Loans outstanding on such date plus (ii) the LC Outstandings on such date. The Outstanding Credits with respect to any Lender at any time shall be its Commitment Percentage of the total Outstanding Credits at such time.
Outstanding Credits means, on any date of determination, the sum of (i) the aggregate principal amount of all Advances outstanding on such date plus (ii) the LC Outstandings on such date.
Outstanding Credits means, on any date of determination, an amount equal to the sum of (i) the aggregate principal amount of all Borrowings outstanding on such date plus (ii) the LC Outstandings on such date, in each case, after giving effect to all repayments and prepayments of Advances and Reimbursement Amounts and all reductions in the LC Outstandings on such date.
Examples of Outstanding Credits in a sentence
If and to the extent that the Outstanding Credits on any date hereunder shall exceed the aggregate amount of the Commitment hereunder on such date, the Borrower agrees to prepay on such date a principal amount of Advances, which prepayment shall result in the amount of Outstanding Credits being less than or equal to the Commitment hereunder on such date.
Subject to the conditions set forth in Article III and the other terms and conditions hereof, the Borrower may from time to time borrow, prepay pursuant to Section 2.12 and reborrow under this Section 2.01; provided, that in no case shall the Lender be required to make an Advance to the Borrower hereunder if the making of such Advance would cause the total amount of all Outstanding Credits to exceed the aggregate amount of the Commitment.
More Definitions of Outstanding Credits
Outstanding Credits means, on any date of determination, an amount equal to the sum of (i) the aggregate principal amount of all Borrowings outstanding on such date plus (ii) the LC Outstandings on such date.
Outstanding Credits means, on any date of determination, an amount equal to (i) the aggregate principal amount of all Advances outstanding on such date plus (ii) the aggregate undrawn amount of all issued Letters of Credit outstanding on such date plus (iii) the aggregate amount of Reimbursement Obligations outstanding on such date (excluding Reimbursement Obligations that, on such date of determination, are repaid with the proceeds of Advances made in accordance with Sections 2.04(f) and (g), to the extent the principal amount of such Advances is included in the determination of the aggregate principal amount of all outstanding Advances as provided in clause (i) of this definition). The Outstanding Credits of a Lender on any date of determination shall be an amount equal to the outstanding Advances made by such Lender plus the amount of such Lender’s participation interest in outstanding Letters of Credit and Reimbursement Obligations included in the definition of “Outstanding Credits”.
Outstanding Credits mean, on any date of determination, an amount equal to (i) the aggregate principal amount of all Contract Advances outstanding on such date plus (ii) the aggregate Stated Amount of all issued but undrawn Letters of Credit outstanding on such date plus (iii) the aggregate amount of Reimbursement Obligations outstanding on such date (exclusive of Reimbursement Obligations which, on such date of determination, are repaid with the proceeds of a Contract Advance made in accordance with Section 2.02(i)(ii), to the extent the principal amount of such Contract Advance is included in the determination of the aggregate principal amount of all outstanding Contract Advances as provided in clause (i) of this definition). The "Outstanding Credits" of a Lender on any date of determination shall be an amount equal to the outstanding Advances made by such Lender plus the amount of such Lender's participatory interest in outstanding Letters of Credit and Reimbursement Obligations.
Outstanding Credits of any Lender shall mean, on any date of determination, an amount equal to (i) the aggregate principal amount of all outstanding Loans made by such Lender plus (ii) such Lender's LC Outstandings on such date.
Outstanding Credits means, on any date of determination, an amount equal to the aggregate principal amount of all Advances outstanding on such date.
Outstanding Credits means, on any date of determination, an amount equal to the sum of (i) the aggregate principal amount of all Revolving Advances outstanding on such date, (ii) the aggregate principal amount of all Swingline Advances outstanding on such date, and (iii) the LC Outstandings on such date.
Outstanding Credits of any Lender shall mean, on any date of determination, an amount equal to (i) the aggregate principal amount of all outstanding Revolving Credit Loans made by such Lender plus (ii) such Lender’s LC Outstandings on such date plus (iii) such Lender’s Swingline Outstandings on such date.