Total Credit Exposures definition

Total Credit Exposures means, at any time, the sum of (a) the unused Revolving Commitments of all Lenders, (b) the Total Revolving Credit Exposures and (c) the Total Term Loan Exposures.
View Source
Total Credit Exposures means, as to any Lender at any time, the unused Commitment and Credit Exposure of such Lender at such time.
View Source
Total Credit Exposures as to any Lender at any time, the sum of (a) the Peso Equivalent of the unused outstanding Revolving Credit Commitment of such Lender plus (b) the Peso Equivalent of the Revolving Credit Exposure of such Lender plus (c) the unused outstanding ​ Term Loan Commitment of such Lender plus (d) the Term Loan Exposure of such Lender, in each case (a), (b), (c) and (d), at such time.
View Source

Examples of Total Credit Exposures in a sentence

  • Upon receipt of an Incremental Request from the Borrower, the Administrative Agent shall offer the Lenders the opportunity to participate in the requested Incremental Facility in such amounts that would allow such Lender to maintain its percentage of the Total Credit Exposures of all Lenders.

  • The allocation of the Incremental Commitments shall first be requested from the existing Lenders in the same proportion that the Total Credit Exposure held by each Lender bears to the Total Credit Exposures of all Lenders.

  • If and when the DDTL Facility becomes effective in accordance with the terms set forth in the Credit Agreement, the Lenders’ respective Total Credit Exposures and resulting percentages will automatically adjust to account for same.

  • Subject to the terms and conditions set forth herein, on the Effective Date each Lender severally agrees to make Loans in US Dollars to Borrower in the amount of such Lender’s Commitment, provided that such Loans will not result in (a) such Lender’s Credit Exposure exceeding such Lender’s Commitment or (b) the sum of the Total Credit Exposures exceeding the total Commitments.

  • At any time, Banks having Total Credit Exposures representing at least 51% of the Total Credit Exposures of all Banks.

  • If any Lender, whether by setoff or otherwise, has payment made to it upon its Total Credit Exposure (other than payments received pursuant to Section 3.1, 3.2, 3.4 or 3.5) in a greater proportion than that received by any other Lender, such Lender agrees, promptly upon demand, to purchase a portion of the Total Credit Exposures held by the other Lenders so that after such purchase each Lender will hold its Pro Rata Share of the Obligations.

  • Subject to the terms and conditions set forth herein, on the Effective Date each Lender severally agrees to make Loans in US Dollars to Borrower in the amount of such Lender’s Commitment, provided that such Loans will not result in (a) such Lender’s Credit Exposure exceeding such ▇▇▇▇▇▇’s Commitment or (b) the sum of the Total Credit Exposures exceeding the total Commitments.

  • Each Restricted Person is duly qualified, in good standing, and authorized to do business in all other jurisdictions within the United States or Canada where the failure to so qualify would have a Material Adverse Effect.


More Definitions of Total Credit Exposures

Total Credit Exposures means, as to any Lender at any time, the unused Commitment and Credit Exposure of such Lender at such time. “Total Outstandings” means the aggregate Outstanding Amount of all Loans and all L/C Obligations.
View Source