U.S. Protective Advances definition
U.S. Protective Advances shall have the meaning provided in Section 2.18.
U.S. Protective Advances as defined in Section 2.1.6.
U.S. Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.
Examples of U.S. Protective Advances in a sentence
US Required ▇▇▇▇▇▇▇ may at any time revoke Agent’s authority to make further US Protective Advances under clause (a) by written notice to Agent.
US Lenders shall participate on a Pro Rata basis in US Protective Advances outstanding from time to time.
US Protective Advances or UK Protective Advances, as the context requires.
More Definitions of U.S. Protective Advances
U.S. Protective Advances as defined in Section 2.1.7(a). US Required Lenders: one or more US Secured Parties holding more than 50% of (a) the aggregate outstanding US Revolver Commitments; or (b) following termination of the US Revolver Commitments, the aggregate outstanding US Revolver Loans and LC Obligations of US Borrowers or, if all Revolver Loans and LC Obligations have been paid in full, the aggregate remaining Obligations; provided, however, that Revolver Commitments, Revolver Loans and other Obligations held by a Defaulting Lender and its Affiliates shall be disregarded in making such calculation, but any related Fronting Exposure shall be deemed held as a Revolver Loan or LC Obligation by the Secured Party that funded the applicable Revolver Loan or issued the applicable Letter of Credit.
U.S. Protective Advances has the meaning specified in Section 2.01(e).
U.S. Protective Advances as defined in Section 2.1.8(a). US Required Lenders: one or more US Secured Parties holding more than 50% of the aggregate outstanding US Term Loans; provided, however, that Term Loans and other Obligations held by a Defaulting Lender and its Affiliates shall be disregarded in making such calculation. US Secured Parties: Agent, US Lenders, and any other holder of US Obligations. US Tax Compliance Certificate: as defined in Section 5.10.2(b)(iii).
U.S. Protective Advances as defined in Section 2.1.8(a). US Required Lenders: one or more US Secured Parties holding more than 50% of the aggregate outstanding US Term Loans; provided, however, that Term Loans and other Obligations held by a Defaulting Lender and its Affiliates shall be disregarded in making such calculation. US Secured Parties: Agent, US Lenders, and any other holder of US Obligations. US Tax Compliance Certificate: as defined in Section 5.10.2(b)(iii). US Term Commitment: for any US Lender, its obligation to make US Term Loans up to the maximum principal amount equal to its US Commitment Percentage of the aggregate amount of all US Term Commitments, which are shown on Schedule 1.1 as of the Closing Date, or as hereafter determined pursuant to each Assignment and Acceptance to which it is a party. US Term Commitments: the aggregate amount of the US Term Commitment of all US Lenders. The US Term Commitments on the Closing Date are $14,000,000. US Term Exposure: with respect to any US Lender, the outstanding principal amount of such US Lender’s US Term Loans. US Term Loan: a term loan made pursuant to Section 2.1.1 and each US Protective Advance.
U.S. Protective Advances has the meaning specified therefor in Section 2.3(d)(i).
U.S. Protective Advances as defined in Section 2.1.6. “U.S. Reimbursement Date”: as defined in Section 2.2.2. “U.S. Rent and Charges Reserve”: the Dollar Equivalent of the aggregate of (a) all past due rent and other amounts owing by a U.S. Facility Obligor to any landlord, warehouseman, processor, repairman, mechanic, shipper, freight forwarder, broker or other Person who possesses any Collateral or could assert a Lien on any Collateral; and (b) a reserve at least equal to two months’ rent and other charges that could be payable to any such Person, unless it has executed a ▇▇▇▇ ▇▇▇▇▇▇. “U.S. Revolver Commitment”: for any U.S. Lender, its obligation to make U.S. Revolver Loans and to issue U.S. Letters of Credit, in the case of U.S. Issuing Bank, or participate in U.S. LC Obligations, in the case of the other U.S. Lenders, to the U.S. Borrowers up to the maximum principal amount shown on Schedule 1.1(a), as hereafter modified pursuant to Section 2.1.4, Section 2.1.7 or Section 2.1.8 or an Assignment to which it is a party. “U.S. Revolver Commitments” means the aggregate amount of such commitments of all U.S. Lenders. “U.S. Revolver Commitment Termination Date”: the earliest to occur of (a) the Maturity Date, (b) the date on which the U.S. Borrowers terminate the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2. “U.S. Revolver Loan”: a Loan made by U.S. Lenders to U.S. Borrower pursuant to Section 2.1.1(a), which Loan shall be denominated in U.S. Dollars and shall be either a Term SOFR Loan or a U.S. Prime Rate Loan, in each case as selected by U.S. Borrower or Borrower Agent, and including any U.S. Swingline Loan, U.S. Overadvance Loan or U.S. Protective Advance. “U.S. Revolver Usage”: an amount equal to (a) the aggregate principal amount of outstanding U.S. Revolver Loans; plus (b) the aggregate Stated Amount of outstanding U.S. Letters of Credit (except to the extent Cash Collateralized by the U.S. Borrowers) and, without duplication, the aggregate amount of all unreimbursed drawings under U.S. Letters of Credit. “U.S. Special Resolution Regimes”: as defined in Section 14.18. “U.S. Subsidiary”: any Subsidiary that is organized under the laws of the United States of America or any state thereof or the District of Columbia. “U.S. Swingline Lender”: Bank of America or an Affiliate of Bank of America that agrees to extend U.S. Swingline Loans, in its capacity as lender of U.S. Swingli...
U.S. Protective Advances has the meaning assigned to such term in Section 2.05(a).