Total Available Commitment definition

Total Available Commitment means the sum of the Available -------------------------- Commitments of all of the Lenders.

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Total Available Commitment means, as of any date, the Total Commitment as of such date minus an amount equal to the excess of (i) the aggregate Net Cash Proceeds to be used as specified in all notices given by the Obligors' Representative to the Administrative Agent in accordance with Sections 2.03(b) hereof over (ii) the sum of (x) the aggregate amount of all reductions of the Total Commitment required by reason of the provisos to Section 2.03(b) with respect to such Net Cash Proceeds and (y) the aggregate amount of Loans (including the Loans requested to be made on such date) the proceeds of which have been or, upon the making thereof, will be used for the purposes specified in such notices in accordance with such Section.

Total Available Commitment means, at any time, the sum of the Available Commitments of each of the Lenders at such time.

Examples of Total Available Commitment in a sentence

• To the extent that, after giving effect to any repayment of the Loans and reduction of the Aggregate Commitment required by the preceding sentence, the sum of the Aggregate Outstandings of Credit of all Lenders exceeds the Total Available Commitment (as reduced), then (in addition to the Borrower's obligations under Section 4.2(c) above) any amounts remaining of such Debt Proceeds shall be deposited in the Cash Collateral Account.

• On or after the Effective Date, to make one or more Loans to the Obligors from time to time on any Business Day prior to the Commitment Termination Date in an aggregate principal amount not to exceed at any time outstanding such Bank's Commitment; provided that at no time shall the aggregate outstanding principal amount of all Loans exceed the Total Available Commitment.

• Each borrowing under the Total Available Commitment shall be in an amount equal to (x) in the case of ABR Loans, $5,000,000 or a whole multiple of $1,000,000 in excess thereof (or, if the then Total Available Commitment is less than $5,000,000, such lesser amount) and (y) in the case of Eurodollar Loans, $5,000,000 or a whole multiple of $1,000,000 in excess thereof.

• Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Subsidiary of the Borrower, the Borrower shall be obligated to reimburse the applicable Issuing Bank hereunder for any and all drawings under such Letter of Credit.

• Notwithstanding anything to the contrary set forth herein, after giving effect to any Revolving Loan and after the issuance of any Letter of Credit, in no event shall the Outstanding Amount exceed the Total Available Commitment.

More Definitions of Total Available Commitment

Total Available Commitment means, as to any Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Commitment then in effect over (b) the sum of (i) such Lender’s then outstanding Euribor Rate Loans and (ii) the Euro Equivalent Amount of such Lender’s then outstanding Offshore Rate Loans.

Total Available Commitment means, at any time, the Total Commitment at such time less the Blocked Commitment, if any, at such time..

Total Available Commitment means an amount equal to:

Total Available Commitment in relation to any Bank at any time means, save as otherwise provided herein, the aggregate of its Available Dollar Commitment and the dollar equivalent of its Available Sterling Commitment at such time;

Total Available Commitment the sum of the Available Commitments -------------------------- of all the Lenders.

Total Available Commitment the sum of the Available Commitments of all the Lenders. 18 25 "Total Commitment": the sum of the Commitments (in each case, as the same may be increased, reduced or otherwise adjusted from time to time as provided herein) not to exceed $500,000,000. "Total Debt": for the Borrower and the Restricted Subsidiaries as of any date, without duplication, the sum of (a) Indebtedness outstanding on such date excluding any Intercompany Subordinated Debt, (b) Capital Lease Obligations outstanding on such date and (c) Guarantee Obligations, determined on a consolidated basis in accordance with GAAP. "Total Extensions of Credit": at any time, the sum of the Aggregate Outstandings of Credit of each Lender at such time. "Tranche": the collective reference to Eurodollar Loans made by the Lenders, the then current Interest Periods of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day). "Transferee": as defined in Section 12.6(i). "Type": as to any Loan, its nature as an ABR Loan or a Eurodollar Loan. "Unavailable Commitment": as defined in Section 2.4. "Uniform Customs": the Uniform Customs and Practice for Documentary Credits (1993 Revision), International Chamber of Commerce Publication No. 500, as the same may be amended from time to time. "Unrestricted Subsidiary":

Total Available Commitment means the aggregate of the Available Commitments of all the Lenders.