Total Usage definition

Total Usage means, at any time, the sum of (i) the aggregate outstanding principal amount of all Loans and Swingline Loans and (ii) the Aggregate LC Exposure, all determined at such time.
Total Usage means, as to any Lender at any time of determination, the sum of (i) the aggregate principal amount of all Committed Loans by such Lender at such time outstanding, (ii) the aggregate amount of such Lender’s Letter of Credit Liabilities, (iii) the aggregate amount of such Lender’s Swing Line Obligations and (iv) the product derived by multiplying (a) the aggregate principal amount of all Competitive Bid Loans at such time outstanding and (b) such Lender’s Percentage.

Examples of Total Usage in a sentence

  • Total Usage Charges each month will be equal to the Usage Charge multiplied by the volume of gas delivered to Customer by Company during such month: Rider RA: Plus a quantity of gas as calculated in accordance with Rider RA.

  • This option only applies to grantees who commit to a Total Usage Commitment of less than 400,000 miles.

  • The LC Agent shall not incur any liability by acting in reliance upon information supplied by the Administrative Agent as to the Total Usage at any time (including Loans to be made pursuant to Notices of Borrowing theretofore received by the Administrative Agent).

  • The Early Termination Charge is calculated by subtracting Customer’s Total Usage Charges from the AVC t o arrive at the Unfulfilled AVC and multiplying that number by the percentage shown.

  • A Deposit equal to fifty percent (50%) of the Total Usage Fees and the Facility Damage Deposit and Clean-Up Deposit is required upon execution of this Contract in order to secure the Event Date.


More Definitions of Total Usage

Total Usage means, at any time, the sum of the outstanding ----------- aggregate principal amount of the Loans plus the aggregate Letter of Credit Outstandings.
Total Usage means, as to any Lender at any time of determination, the sum of (i) the aggregate principal amount of all Committed Loans by such Lender at such time outstanding and (ii) the product derived by multiplying (a) the aggregate principal amount of all Competitive Bid Loans at such time outstanding and (b) such Lender’s Percentage.
Total Usage means the aggregate actual usage of the Relevant UK ETS Facility by all Users during the relevant period;
Total Usage has the meaning assigned to such term in Section 2.11(b).
Total Usage means, at any time of determination, the sum of (x) the Outstanding Reimbursement Obligations plus (y) the LC Amount at such time.
Total Usage means, as of any date of determination, the sum of (a) the then extant amount of outstanding Advances, plus (b) the then extant amount of the Letter of Credit Usage, plus (c) the then extant amount of the Term Loan.