US Revolving Percentage means, with respect to any US Revolving Lender, the percentage of the total US Revolving Commitments represented by such US Revolving Lender’s US Revolving Commitment; provided that in the case of Section 2.18 when a Defaulting Lender shall exist, “US Revolving Percentage” shall mean the percentage of the total US Revolving Commitments (disregarding any Defaulting Lender’s US Revolving Commitment) represented by such US Revolving Xxxxxx’s US Revolving Commitment. If the US Revolving Commitments have terminated or expired, the US Revolving Percentages shall be determined based upon the US Revolving Commitments most recently in effect, giving effect to any assignments and to any US Revolving Lender’s status as a Defaulting Lender at the time of determination.
US Revolving Percentage as to any US$ Revolving Lender at any time, the percentage which such Lender’s US$ Revolving Commitment then constitutes of the aggregate US$ Revolving Commitments or, at any time after the US$ Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s US$ Revolving Loans then outstanding constitutes of the aggregate principal amount of the US$ Revolving Loans then outstanding, provided, that, in the event that the US$ Revolving Loans are paid in full prior to the reduction to zero of the US$ Revolving Extensions of Credit, the US$ Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding US$ Revolving Extensions of Credit shall be held by the US$ Revolving Lenders on a comparable basis.
US Revolving Percentage means, with respect to any US Revolving Lender, the percentage of the total US Revolving Loan Commitments represented by such Lender’s US Revolving Loan Commitment. If a calculation involving the US Revolving Percentage is required to be made after the US Revolving Loan Commitments have terminated or expired, the US Revolving Percentages shall be determined based upon the US Revolving Loan Commitments most recently in effect, giving effect to any assignments.
Examples of US Revolving Percentage in a sentence
If the Company fails to so reimburse the Issuing Lender by such time, the Administrative Agent shall within two Business Days thereof notify each L/C Participant (with a copy to the Company) of the honor date, the amount of the unreimbursed drawing and the amount of such L/C Participant’s US Revolving Percentage thereof.
Each L/C Participant agrees with the Issuing Lender that, if a draft is paid under any Letter of Credit for which the Issuing Lender is not reimbursed in full by the Parent Borrower in accordance with the terms of this Agreement, such L/C Participant shall pay to the Issuing Lender upon demand at the Issuing Lender’s address for notices specified herein an amount equal to such L/C Participant’s US$ Revolving Percentage of the amount of such draft, or any part thereof, that is not so reimbursed.
More Definitions of US Revolving Percentage
US Revolving Percentage means, with respect to any US Revolving Lender, the percentage of the total US Revolving Loan Commitments represented by such Lender’s US Revolving Loan Commitment; provided that in the case of Section 2.27 when a US Revolving Lender shall be a Defaulting Lender, the “US Revolving Percentage” shall mean the percentage of the total US Revolving Loan Commitments (disregarding such Defaulting Lender’s US Revolving Loan Commitment) represented by such US Revolving Lender’s US Revolving Loan Commitment. If a calculation involving the US Revolving Percentage is required to be made after the US Revolving Loan Commitments have terminated or expired, the US Revolving Percentages shall be determined based upon the US Revolving Loan Commitments most recently in effect, giving effect to any assignments.
US Revolving Percentage as to any US Revolving Lender at any time, the percentage which such Lender's US Revolving Commitment then constitutes of the Total US Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's US Revolving Loans then outstanding constitutes of the aggregate principal amount of the US Revolving Loans then outstanding, provided, that, in the event that the US Revolving Loans are paid in full prior to the reduction to zero of the Total US Revolving Extensions of Credit, the US Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding US Revolving Extensions of Credit shall be held by the Revolving Lenders on a comparable basis.
US Revolving Percentage as to any U.S. Revolving Lender at any time, the percentage which such Lender’s U.S. Revolving Commitment then constitutes of the Total U.S. Revolving Commitments (or, at any time after the U.S. Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s U.S. Revolving Loans then outstanding constitutes the aggregate principal amount of the U.S. Revolving Loans then outstanding).
US Revolving Percentage means, as to any Revolving Lender as of any date of determination, the percentage which such Lender’s U.S. Revolving Commitment then constitutes of the Aggregate U.S. Revolving Commitments or, at any time after the U.S. Revolving Commitments shall have expired or terminated, the percentage which the sum of the aggregate Outstanding Amount of the U.S. Revolving Loans of such Lender, plus such Lender’s participations in the Outstanding Amount of all U.S. L/C Obligations at such time, plus such Lender’s participations in the Outstanding Amount of all Swingline Loans at such time then constitutes of the Aggregate U.S. Revolving Commitments, but subject to adjustment as provided in Section 2.18(a)(iv).
US Revolving Percentage as to any U.S.$ Revolving Lender at any time, the percentage which such U.S. Revolving Lender's U.S.$ Revolving Commitment then constitutes of the total U.S.$ Revolving Commitments of all U.S.$ Revolving Lenders.
US Revolving Percentage as to any US Revolving Lender at any time, the percentage of the aggregate US Revolving Commitments then constituted by such US Revolving Lender’s US Revolving Commitment.
US Revolving Percentage as to any U.S. Revolving Lender at any time, the percentage which such Lender’s U.S. Revolving Commitment then in effect constitutes of the Total U.S. Revolving Commitments then in effect or, at any time after the U.S. Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s U.S. Revolving Loans then outstanding constitutes of the aggregate principal amount of the U.S. Revolving Loans then outstanding, provided that, in the event that the U.S. Revolving Loans are paid in full prior to the reduction to zero of the Total U.S. Revolving Extensions of Credit, the U.S. Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding U.S. Revolving Extensions of Credit shall be held by the U.S. Revolving Lenders on a comparable basis.