U.S. Commitment Percentage definition

U.S. Commitment Percentage means, with respect to any US$ Lender at any time, the ratio (expressed as a percentage) of (a) the amount of the US$ Commitment of such US$ Lender at such time to (b) the aggregate amount of the US$ Commitments of all of the US$ Lenders at such time.

U.S. Commitment Percentage as to any U.S. Lender at any time, the percentage which such U.S. Lender's U.S. Commitment then constitutes of the aggregate U.S. Commitments of all U.S. Lenders (or, if the U.S. Commitments have terminated or expired, the percentage which (a) the sum of the Aggregate U.S. R/C Outstandings and the Competitive Loans of such U.S. Lender at such time then constitutes of (b) the sum of the Aggregate U.S. R/C Outstandings and the Competitive Loans of all U.S. Lenders at such time).

U.S. Commitment Percentage as to any US$ Bank at any time, the percentage of the aggregate U.S. Commitments then constituted by such Bank's U.S. Commitment.

Examples of U.S. Commitment Percentage in a sentence

• The applicable Agent will pay to each applicable Lender, promptly after receiving any payment in respect of letter of credit fees referred to in this clause (v), an amount equal to the product of such Lender's U.S. Commitment Percentage or Canadian Commitment Percentage, as the case may be, times the amount of such fees.

• If such Borrower fails to make such payment when due, the General Administrative Agent shall notify each U.S. Lender of the applicable LC Disbursement, the payment then due from such Borrower in respect thereof and such U.S. Lender’s U.S. Commitment Percentage thereof.

• In consideration and in furtherance of the foregoing, each U.S. Lender hereby absolutely and unconditionally agrees to pay to the General Administrative Agent, for the account of the Issuing Lender, such U.S. Lender’s U.S. Commitment Percentage of each LC Disbursement made by the Issuing Lender and not reimbursed on or before the date due as provided in paragraph (e) of this Section 4.01, or of any reimbursement payment required to be refunded to the Borrowers for any reason.

• Each U.S. Lender will make its U.S. Commitment Percentage of each Revolving U.S. Loan borrowing available to the U.S. Agent for the account of Airgas as specified in Section 4.14, or in such other manner as the U.S. Agent may specify in writing, by 1:00 P.M. (Charlotte, North Carolina time) on the date specified in the applicable Notice of Borrowing in U.S. Dollars and in funds immediately available to the U.S. Agent.

• The Canadian Bank, however, shall be obligated and permitted to make U.S. Loans in accordance with its U.S. Commitment Percentage (subject to and taking into account adjustments pursuant to the terms of this Section 8.15).

More Definitions of U.S. Commitment Percentage

U.S. Commitment Percentage means, as to any U.S. Lender at any time, the percentage which such U.S. Lender’s U.S. Commitment then constitutes of the aggregate U.S. Commitments of all U.S. Lenders.

U.S. Commitment Percentage means, for any U.S. Lender, the percentage identified as its U.S. Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any increase in the Revolving U.S. Committed Amount pursuant to Section 4.4(d) or any assignment made in accordance with the provisions of Section 11.3.

U.S. Commitment Percentage of any Lender shall mean the percentage set forth below such Lender’s name on the signature page hereof as its “U.S. Commitment Percentage”, as the same may be adjusted upon any assignment by a Lender pursuant to Sections 15.3(c) or 15.3(d) hereof.

U.S. Commitment Percentage as to any US$ Lender at any time, the ------------------------ percentage of the aggregate US Commitments then constituted by such Lender's US Commitment.

U.S. Commitment Percentage as to any U.S. Lender at any time, the percentage which such U.S. Lender’s U.S. Commitment then constitutes of the aggregate U.S. Commitments of all U.S. Lenders (or, if the U.S. Commitments have terminated or expired, the percentage which (a) the Aggregate U.S. Outstandings of such U.S. Lender at such time then constitutes of (b) the Aggregate U.S. Outstandings of all U.S. Lenders at such time).

U.S. Commitment Percentage means, as to any US Revolving Lender, the percentage equivalent of such US Revolving Lender’s Revolving Loan Commitment, divided by the Aggregate Revolving Loan Commitment; provided that following acceleration of the Loans, such term means, as to any US Revolving Lender, the percentage equivalent of the principal amount of the Loans held by such US Revolving Lender, divided by the aggregate principal amount of the Loans held by all US Revolving Lenders.

U.S. Commitment Percentage. AS TO ANY US$ LENDER AT ANY TIME, THE ------------------------ PERCENTAGE OF THE AGGREGATE US COMMITMENTS THEN CONSTITUTED BY SUCH LENDER'S US COMMITMENT.