Total Extensions of Credit definition

Total Extensions of Credit at any time, the aggregate amount of the Extensions of Credit of the Lenders outstanding at such time.
Total Extensions of Credit means, at any time, the aggregate Outstanding Amount of (a) the Extensions of Credit of the Lenders at such time plus (b) Competitive Loans at such time.
Total Extensions of Credit at any time, the aggregate amount of all Loans and L/C Obligations outstanding at such time.

Examples of Total Extensions of Credit in a sentence

  • The Borrower shall have the right, upon not less than three 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 of Commitments shall be permitted to the extent that, after giving effect thereto and to any prepayments of the Loans made on the effective date thereof, the Total Extensions of Credit would exceed the Total Commitments.


More Definitions of Total Extensions of Credit

Total Extensions of Credit means at any time, the aggregate, outstanding principal amount of indebtedness for borrowed money of the Loan Parties secured by Liens on the Collateral, including any applicable Priority Obligations and/or the Existing Second Lien Notes.
Total Extensions of Credit means, at any time, the aggregate Outstanding Amount of the Extensions of Credit of the Lenders at suchtime.
Total Extensions of Credit at any time, the aggregate amount of the DSRA L/C Extensions of Credit of the DSRA L/C Lenders outstanding at such time.
Total Extensions of Credit means, at any time, the sum of the Total Revolving Extensions of Credit outstanding at such time plus the LC Facility Exposure at such time.
Total Extensions of Credit at any time, the Total Dollar Working Capital Facility Committed Tranche Extensions of Credit, the Total Dollar Working Capital Facility Uncommitted Tranche Extensions of Credit, the Total Multicurrency Working Capital Facility Extensions of Credit or the Total Acquisition Facility Extensions of Credit at such time, as the context requires. “Total Multicurrency Working Capital Facility Extensions of Credit”: an amount equal to the Dollar Equivalent of the sum of (a) the aggregate unpaid principal amount of Multicurrency Working Capital Facility Loans and Multicurrency Swing Line Loans outstanding at such time, plus (b) the aggregate amount of Multicurrency Working Capital Facility L/C Obligations outstanding at such time. “Total Working Capital Facility Extensions of Credit”: an amount equal to the sum of (a) the Total Dollar Working Capital Facility Committed Tranche Extensions of Credit at such time plus (b) the Total Dollar Working Capital Facility Uncommitted Tranche Extensions of Credit at such time plus (c) the Total Multicurrency Working Capital Facility Extensions of Credit at such time. “Trade Letter of Credit”: a commercial or standby Letter of Credit supporting the purchase of Eligible Commodities giving rise to Eligible Inventory and/or an Eligible Account Receivable no later than sixty (60) days following the date of issuance of such Letter of Credit. “Trading Business”: with respect to each Lender, the day-to-day activities of such Lender or a division, Subsidiary or Affiliate of such Lender relating to the proprietary purchase, sale, hedging and/or trading of commodities, including Eligible Commodities, and any related derivative transactions. “Tranche”: Eurocurrency Loans of the same currency, the then-current Interest Periods of which all begin on the same date and end on the same later date (whether or not such Eurocurrency Loans shall originally have been made on the same day). “Transferee”: as defined in Section 11.7(f). “Type”: as to any Loan, its nature as a Base Rate Loan, Prime Rate Loan or a Eurocurrency Loan. “UCC”: the Uniform Commercial Code as from time to time in effect in the State of New York or, as the context requires, any other applicable jurisdiction. “UCP 600”: as defined in Section 3.4(g). “UK Financial Institution”: any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11....