Aggregate Revolving Outstandings definition

Aggregate Revolving Outstandings means the aggregate Outstanding Amount of all Revolving Loans and all L/C Obligations.

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

Aggregate Revolving Outstandings at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

Examples of Aggregate Revolving Outstandings in a sentence

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

• After giving effect to all Credit Extensions occurring on the Closing Date, the Aggregate Revolving Outstandings (exclusive of any outstanding LC Obligations) shall not exceed US$50,000,000 and the outstanding LC Obligations shall not exceed US$85,000,000.

• If at anytime during any calendar month, the Aggregate Revolving Outstandings exceeds the Borrowing Base (calculated exclusive of the Borrowing Base Supplement) by any amount, the Borrower shall, on or before the 10th day of the next following month, pay to the Agent for the ratable benefit of the Banks a non-refundable fee in the amount of $2,000.00.

• The Company may from time to time on at least five Business Days' prior written notice received by the Administrative Agent (which shall promptly advise each Lender thereof) permanently reduce the Aggregate Revolving Commitment Amount to an amount not less than the Aggregate Revolving Outstandings; provided that any such reduction shall be in the amount of $5,000,000 or an integral multiple thereof.

• Notwithstanding any other provision of this Agreement, (a) the Aggregate Revolving Outstandings shall not at any time exceed the Aggregate Revolving Commitment Amount, (b) the Stated Amount of all Letters of Credit shall not at any time exceed $20,000,000 and (c) the aggregate outstanding Dollar Equivalent principal amount of all Eurocurrency Loans denominated in a currency other than Dollars shall not exceed at any time $100,000,000.

More Definitions of Aggregate Revolving Outstandings

Aggregate Revolving Outstandings the Class A Revolving Outstandings and the Class B Revolving Outstandings at any time, the aggregate amount of the Revolving Extensions of Credit of the Lenders outstanding at such time.

Aggregate Revolving Outstandings as at any date of determination with respect to any Lender, an amount in U.S. Dollars equal to the sum of (a) the aggregate outstanding principal amount of Revolving Credit Loans of such Lender and (b) the U.S. Dollar Equivalent of the Aggregate Multicurrency Outstandings of such Lender.

Aggregate Revolving Outstandings. As of any date, the sum of the Revolving Outstandings of all Banks on such date.

Aggregate Revolving Outstandings as at any date of determination with respect to any Revolving Lender, an amount equal to the sum of (a) the aggregate unpaid principal amount of such Lender's Dollar Revolving Loans on such date and (b) such Lender's Revolving Percentage of the aggregate unpaid principal amount of all L/C Obligations on such date.

Aggregate Revolving Outstandings means at any time the sum of (a) the aggregate principal amount of all outstanding Revolving Loans and (b) the Stated Amount of all Letters of Credit. Agreement - see the Preamble.

Aggregate Revolving Outstandings means, at any time, the sum of (i) the aggregate principal amount of all Loans outstanding at such time PLUS (ii) the aggregate amount of all Letter of Credit Liabilities outstanding at such time. AGREEMENT - is defined in the PREAMBLE. ALTERNATE BASE RATE - shall mean:

Aggregate Revolving Outstandings means on any date the sum of (i) the Domestic Revolving Outstandings plus (ii) the Multi-Currency Revolving Outstandings, in each case determined based upon the Exchange Rates as in effect on the most recent Reset Date.