Total Committed Exposure definition

Total Committed Exposure means, with respect to any Bank at any time, the sum of (i) the aggregate principal amount of its Committed Loans then outstanding, (ii) its share of the undrawn amount which is then, or may thereafter become, available for drawing under each Letter of Credit then outstanding and (iii) its share of the principal amount of each unpaid Reimbursement Obligation then outstanding.
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Examples of Total Committed Exposure in a sentence

  • Concurrently with each reduction of the Commitments pursuant to Section 2.12, the Company shall prepay Committed Loans, 39 46 in the manner provided in Section 2.11, to the extent (if any) required so that no Bank's Total Committed Exposure exceeds its Commitment as so reduced.

Related to Total Committed Exposure

  • Aggregate Credit Exposure means, at any time, the aggregate Credit Exposure of all the Lenders.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Aggregate Credit Exposures means, at any time, in respect of (a) the Term Facility, the aggregate amount of the Term Loans outstanding at such time and (b) in respect of the Revolving Credit Facility, the sum of (i) the unused portion of the Revolving Credit Facility at such time and (ii) the Total Revolving Credit Outstandings at such time.

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

  • Total Revolving Credit Exposure means, the sum of the outstanding principal amount of all Lenders’ Revolving Loans, their LC Exposure and their Swingline Exposure at such time; provided, that clause (a) of the definition of Swingline Exposure shall only be applicable to the extent Lenders shall have funded their respective participations in the outstanding Swingline Loans.