Outstanding Revolving Extensions of Credit definition

Outstanding Revolving Extensions of Credit means, as to any Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Credit Loans made by such Lender then outstanding, (b) such Lender’s LC Exposure at such time and (c) such Lender’s ABR Swingline Exposure at such time.
Outstanding Revolving Extensions of Credit as to any Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Credit Loans made by such Lender then outstanding, (b) such Lender's Revolving Credit Percentage of the L/C Obligations then outstanding and (c) such Lender's Revolving Credit Percentage of the Swing Line Loans then outstanding.
Outstanding Revolving Extensions of Credit as to any Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans (or the Dollar Equivalent thereof in the case of Multicurrency Revolving Loans) held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations (or the Dollar Equivalent thereof in the case of Multicurrency L/C Obligations) then outstanding, and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

Examples of Outstanding Revolving Extensions of Credit in a sentence

  • For purposes of determining the Facility Exposures and the Outstanding Revolving Extensions of Credit, amounts of Loans and Letters of Credit denominated in currencies other than Dollars will be converted to Dollar amounts as provided in Section 2.22.

  • Notwithstanding anything to the contrary contained in this Agreement, in no event shall, at the time of the making of any extension of credit hereunder, the sum of the Aggregate Outstanding Revolving Extensions of Credit of all of the Lenders exceed the aggregate Commitments then in effect.

  • The Borrower shall have the right, upon not less than five Business Days' notice to the Administrative Agent, to terminate the Commitments or, from time to time, to reduce the amount of the Commitments provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Aggregate Outstanding Revolving Extensions of Credit would exceed the Revolving Credit Commitments then in effect.

  • VENDOR represents that it is in the business of providing beverage and snack vending services and it is qualified to perform services set forth in this Agreement.

  • Compact the porous backfill material as directed to prevent junction box settlement.In every new and reused junction box, install an electronic marker.

  • The Borrower shall have the right, upon not less than three Business Days notice to the Administrative Agent, from time to time, to reduce the unutilized amount of the Revolving Credit Commitments; PROVIDED that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Loans made on the effective date thereof, the Dollar Equivalent of the Aggregate Outstanding Revolving Extensions of Credit would exceed the Revolving Credit Commitments then in effect.

  • The Documentation Agent shall have received a Borrowing Base Certificate, dated the Closing Date and setting forth a calculation of the Borrowing Base as of March 31, 1997, showing that the Aggregate Outstanding Revolving Extensions of Credit on the Closing Date (after giving effect to the extension of credit hereunder on the Closing Date), when added to the Permitted Senior Indebtedness on the Closing Date, shall not exceed the Borrowing Base as set forth therein.

  • Notwithstanding anything to the contrary contained in this Agreement, in no event shall, at any time, the sum of the Aggregate Outstanding Revolving Extensions of Credit of all of the Lenders plus the aggregate principal amount of outstanding Competitive Loans exceed the aggregate Commitments then in effect.

  • Notwithstanding anything to the contrary contained in this Agreement, in no event shall, at any time, the sum of the Aggregate Outstanding Revolving Extensions of Credit of all of the Lenders exceed the aggregate Commitments then in effect.

  • After giving effect to the extensions of credit -------------- requested to be made on such date, the Aggregate Outstanding Revolving Extensions of Credit of the Lenders shall not exceed the Borrowing Base then in effect.


More Definitions of Outstanding Revolving Extensions of Credit

Outstanding Revolving Extensions of Credit means, as to any Lender at any time, anamount equal to the sum of (a) the aggregate principal amount of all Revolving Credit Loans made by such Lender then outstanding, (b) such Lender’s LC Exposure at such time and (c) such Lender’s ABR Swingline Exposure at such time.
Outstanding Revolving Extensions of Credit as to any Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Credit Loans made by such Lender then outstanding, (b) such Lender's Commitment Percentage of the L/C Obligations then outstanding, (c) such Lender's Commitment Percentage of the aggregate principal amount of all Specified Basket Debt then outstanding and (d) such Lender's Commitment Percentage of the aggregate principal amount of all Fronted Loans then outstanding; provided, that for the purpose of determining such Lender's Available Revolving Credit Commitment pursuant to Section 2.4(a), the aggregate unpaid principal amount of Specified Basket Debt then outstanding shall be deemed to be zero.
Outstanding Revolving Extensions of Credit means, as to any Lender at any time, an amount equal to the
Outstanding Revolving Extensions of Credit as to any Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Credit Loans made by such Lender then outstanding, (b) such Lender's Commitment Percentage of the L/C Obligations then outstanding and (c) such Lender's Commitment Percentage of the aggregate principal amount of all Specified Basket Debt then outstanding; provided, that for the purpose of determining such Lender's Available Revolving Credit Commitment pursuant to Section 2.4(a), the aggregate unpaid principal amount of Specified Basket Debt then outstanding shall be deemed to be zero.
Outstanding Revolving Extensions of Credit means, as to any Bank at any time, the aggregate principal amount of all Revolving Loans, Working Capital Loans and Letter of Credit Liabilities made by such Bank then outstanding.

Related to Outstanding Revolving Extensions of Credit