RL Exposure definition
RL Exposure means, at any time, the sum of (i) the aggregate principal amount of all Revolving Loans then outstanding, (ii) the aggregate principal amount of all Swingline Loans then outstanding and (iii) the aggregate Letter of Credit Outstandings at such time.
RL Exposure means, at any time, the sum of (i) the aggregate principal amount of all Revolving Loans then outstanding,
Examples of RL Exposure in a sentence
On any day on which the Aggregate Canadian RL Exposure exceeds the Total Canadian Revolving Loan Commitment as then in effect, the Canadian Revolving Borrowers shall prepay on such day the principal of outstanding Canadian Revolving Loans in an amount equal to such excess.