Aggregate Revolving Credit Outstandings definition

Aggregate Revolving Credit Outstandings shall have the meaning provided in Section 5.2(b).

Aggregate Revolving Credit Outstandings means as at any date of determination with respect to any Lender, the sum of the Dollar Equivalent Amount on such date of the aggregate unpaid principal amount of such Lender’s Revolving Credit Loans on such date and the Dollar Equivalent Amount on such date of the amount of such Lender’s Pro Rata Share of the Facility Letter of Credit Obligations and Swing Loans on such date.

Aggregate Revolving Credit Outstandings as at any time of determination with respect to any Lender, an amount in Dollars equal to the sum of (a) the aggregate unpaid principal amount of such Lender’s Revolving Credit Loans (in the case of outstanding Multicurrency Loans, Aggregate Multicurrency Outstandings) on such date plus (b) such Lender’s Revolving Credit Commitment Percentage of (i) the Aggregate Swingline Outstandings and (ii) the L/C Obligations.

Examples of Aggregate Revolving Credit Outstandings in a sentence

• If, after giving effect to the prepayment of all outstanding Swingline Loans and Revolving Credit Loans, the Aggregate Revolving Credit Outstandings exceed the Total Revolving Credit Commitment then in effect, the Borrower shall Cash Collateralize the Letters of Credit Outstanding to the extent of such excess.

• If, after giving effect to the prepayment of all outstanding Revolving Credit Loans, the Aggregate Revolving Credit Outstandings exceed the Total Revolving Credit Commitment then in effect, the Borrower shall Cash Collateralize the Revolving L/C Obligations to the extent of such excess.

• If, after giving effect to the prepayment of all outstanding Swingline Loans and Revolving Credit Loans, the Aggregate Revolving Credit Outstandings exceed the Total Revolving Credit Commitment then in effect, the Borrower shall Cash Collateralize the Revolving L/C Obligations to the extent of such excess.

• If, after giving effect to the prepayment of all outstanding Swingline Loans and Revolving Credit Loans, the Aggregate Revolving Credit Outstandings exceed the Total Revolving Credit Commitment then in effect, the Borrowers shall Cash Collateralize the Letters of Credit Outstanding to the extent of such excess.

• If on any date the aggregate amount of the Lenders' Revolving Credit Exposures (all the foregoing, collectively, the "Aggregate Revolving Credit Outstandings") exceeds 103% of the Total Revolving Credit Commitment as then in effect, the US Borrower and/or the UK Borrower, as the case may be, shall forthwith repay on such date the principal amount of Swingline Loans and, after all Swingline Loans have been paid in full, Revolving Credit Loans in an amount equal to such excess.

More Definitions of Aggregate Revolving Credit Outstandings

Aggregate Revolving Credit Outstandings as at any date of determination with respect to any Lender, the aggregate unpaid principal amount of such Lender's Revolving Credit Loans on such date.

Aggregate Revolving Credit Outstandings means as at any date of determination with respect to any Revolving Credit Lender, the sum of the U. S. Dollar Equivalent on such date of the aggregate unpaid principal amount of such Lender's Revolving Credit Loans on such date and the U. S. Dollar Equivalent on such date of the amount of such Lender's Pro Rata Share of the Facility Letter of Credit Obligations and Swing Loans on such date.

Aggregate Revolving Credit Outstandings means the aggregate amount of the Lenders’ Revolving Credit Outstandings.

Aggregate Revolving Credit Outstandings means, at a particular time, the aggregate outstanding principal amount of Revolving Credit Loans at such time.

Aggregate Revolving Credit Outstandings at any time, an amount equal to the Revolving Credit Extensions of Credit of all the Lenders at such time.

Aggregate Revolving Credit Outstandings means, as of any date of determination, the Revolving Credit Exposure of all Lenders as of such date of determination.

Aggregate Revolving Credit Outstandings at any time, an amount equal to the sum (calculated in accordance with subsection 4.6(b)) of the Dollar Equivalent Amount of (a) the aggregate then outstanding principal amount of Revolving Credit Loans, (b) the aggregate then outstanding L/C Obligations in respect of Letters of Credit and (c) the aggregate then outstanding principal amount of Swing Line Loans (including Foreign Currency Swing Line Commitments as provided for in subsection 2.6(b)).