Unpaid Drawing definition
Unpaid Drawing shall have the meaning provided in Section 3.4(a).
Unpaid Drawing shall have the meaning provided for in Section 2.05(a).
Unpaid Drawing means, with respect to any Letter of Credit, the aggregate Dollar amount of the draws made on such Letter of Credit that have not been reimbursed by the applicable Borrower or the applicable LC Obligor or converted to a Revolving Loan pursuant to Section 2.05(f)(i), and, in each case, all interest that accrues thereon pursuant to this Agreement.
Examples of Unpaid Drawing in a sentence
The Administrative Agent shall use the proceeds of such Revolving Credit Loans solely for purpose of reimbursing any Letter of Credit Issuer for the related Unpaid Drawing.
More Definitions of Unpaid Drawing
Unpaid Drawing has the meaning set forth in Section 2.10(d).
Unpaid Drawing shall have the same meaning for such term as set forth in the Credit Agreement;
Unpaid Drawing. As defined in Section 2.12.
Unpaid Drawing drawings on Letters of Credit that have not been reimbursed by the applicable Borrower.
Unpaid Drawing. As defined in Section 2.11.
Unpaid Drawing any Canadian Borrower Unpaid Drawing and any U.S. Borrower Unpaid Drawing.
Unpaid Drawing shall have the meaning provided in Section 3.4(a). “Unpaid Obligations” shall have the meaning provided to it in Section 12.19(c). “Unrestricted Subsidiary” shall mean (a) any Subsidiary of the Borrower that is formed or acquired after the Closing Date and is designated as an Unrestricted Subsidiary by the Borrower pursuant to Section 9.15 subsequent to the Closing Date, (b) any existing Restricted Subsidiary of the Borrower that is designated as an Unrestricted Subsidiary by the Borrower pursuant to Section 9.15 subsequent to the Closing Date and (c) any Subsidiary of an Unrestricted Subsidiary. “US LIBO Rate” shall have the meaning provided in the definition of “Eurocurrency Rate”. “Voting Stock” shall mean, with respect to any Person, shares of such Person’s Capital Stock that is at the time generally entitled, without regard to contingencies, to vote in the election of the Board of Directors of such Person. To the extent that a partnership agreement, limited liability company agreement or other agreement governing a partnership or limited liability company provides that the members of the Board of Directors of such partnership or limited liability company (or, in the case of a limited partnership whose business and affairs are managed or controlled by its general partner, the Board of Directors of the general partner of such limited partnership) is appointed or designated by one or more Persons rather than by a vote of Voting Stock, each of the Persons who are entitled to appoint or designate the members of such Board of Directors will be deemed to own a percentage of Voting Stock of such partnership or limited liability company equal to (a) the aggregate votes entitled to be cast on such Board of Directors by the members of such Board of Directors which such Person or Persons are entitled to appoint or designate divided by (b) the aggregate number of votes of all members of such Board of Directors. “Weighted Average Life to Maturity” shall mean, when applied to any Indebtedness at any date, the number of years obtained by dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment (it being understood that the Weighted Average Life to Maturit...