Total Revolving Exposure definition
Total Revolving Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.
Total Revolving Exposure means, at any time, the sum of the Revolving Exposure of each of the Lenders at such time.
Total Revolving Exposure means, at any time, the sum of the Total Revolving Loans and LC Exposure outstanding at such time.
Examples of Total Revolving Exposure in a sentence
For purposes of this clause (e), a Lender’s “pro rata share” shall be determined based upon its share of the sum of the Total Revolving Exposure at the time.
No permanent reduction of Revolving Commitments pursuant to the immediately preceding sentence shall be required to be accompanied by a prepayment of Revolving Loans unless, after giving effect to such reduction, the Total Revolving Exposure would exceed the Total Revolving Commitments, in which case, the Borrower shall, on the date of such reduction, repay or prepay Revolving Loans in an aggregate amount sufficient to eliminate such excess for such date.
More Definitions of Total Revolving Exposure
Total Revolving Exposure means, with respect to all Revolving Lenders at any time, the aggregate principal amount at such time of all outstanding Revolving Loans.
Total Revolving Exposure means, as to any Revolving Credit Lender at any time, the unused Revolving Credit Commitments and Revolving Credit Exposure of such Lender at such time.
Total Revolving Exposure means at any time, the sum of the aggregate Revolving Exposures for each of the Revolving Lenders.
Total Revolving Exposure means, as of any time of determination, the sum of (a) the aggregate principal amount of Revolving Loans outstanding at such time and (b) the aggregate amount of Letter of Credit Obligations outstanding at such time.
Total Revolving 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.
Total Revolving Exposure means, as to any Revolving Lender at any time, the unused Revolving Commitment of such Revolving Lender at such time and the Revolving Credit Exposure of such Revolving Lender at such time.
Total Revolving Exposure means, at any date, the Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment shall have terminated on such date, the aggregate Revolving Exposure of all Lenders at such date).