Total Unutilized Revolving Loan Commitment definition

Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (a) the Total Revolving Loan Commitment in effect at such time less (b) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment then in effect less (y) the sum of the aggregate principal amount of all Revolving Loans and Swingline Loans then outstanding plus the aggregate amount of all Letter of Credit Outstandings.

Examples of Total Unutilized Revolving Loan Commitment in a sentence

• Each reduction to the Total Unutilized Revolving Loan Commitment pursuant to this Section 3.02 shall apply to reduce the Revolving Loan Commitments of the various RL Lenders pro rata based on their respective RL Percentages.

• Each reduction to the Total Unutilized Revolving Loan Commitment pursuant to this Section 4.02 shall apply to reduce the Revolving Loan Commitments of the various RL Lenders pro rata based on their respective RL Percentages.

• Each reduction to the Total Unutilized Revolving Loan Commitment pursuant to this Section 3.02 shall apply to proportionately and permanently reduce the Revolving Loan Commitment of each RL Lender (based on their respective RL Percentages).

• In such event, the Borrower shall be deemed to have requested a Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 1.02 for the principal amount of Base Rate Loans, but subject to the amount of the Total Unutilized Revolving Loan Commitment and the applicable conditions set forth in Section 4 (other than the delivery of a Notice of Borrowing).

• Each reduction to the Total Unutilized Revolving Loan Commitment pursuant to this Section 4.02 shall apply (i) to reduce the Revolving Loan Commitments of the various RL Lenders pro rata based on their respective RL Percentages and (ii) to reduce the Total Revolving A Loan Capacity and/or the Total Revolving B Loan Capacity, as specified by the U.S. Borrower, by an amount which, in the aggregate, equals the reduction in the Total Revolving Loan Commitment pursuant to the immediately preceding clause (i).

More Definitions of Total Unutilized Revolving Loan Commitment

Total Unutilized Revolving Loan Commitment means, at any time, the sum of the Unutilized Revolving Loan Commitments of each of the Banks.

Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the then Total Revolving Loan Commitment less (y) the sum of the aggregate principal amount of all Revolving Loans (for this purpose, using the Dollar Equivalent of all Primary Alternate Currency Revolving Loans) and Swingline Loans then outstanding plus the then aggregate amount of all Letter of Credit Obligations.

Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment then in effect, less (y) the sum of (i) the aggregate principal amount of Revolving Loans then outstanding (for this purpose, taking the Dollar Equivalent thereof in the case of Canadian Revolving Loans then outstanding) plus (ii) the then aggregate amount of Letter of Credit Outstandings.

Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment then in effect less (y) the sum of the Aggregate Canadian Borrower RL Exposure at such time and the Aggregate U.S. RL Exposure at such time.

Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment then in effect, less (y) the sum of (I) the aggregate principal amount of Revolving Loans then outstanding (for this purpose, taking the Dollar Equivalent thereof in the case of Alternate Currency Revolving Loans then outstanding) plus (II) the aggregate principal amount of Swingline Loans then outstanding plus (III) the then aggregate amount of Letter of Credit Outstandings plus (IV) the aggregate principal amount of all Competitive Bid Loans then outstanding (for this purpose, taking the Dollar Equivalent thereof in the case of Alternate Currency Competitive Bid Loans then outstanding).

Total Unutilized Revolving Loan Commitment means, at any time, the aggregate amount available to be drawn under the Existing Revolving Credit Facility at such time.

Total Unutilized Revolving Loan Commitment means, at ------------------------------------------ any time, (a) the Total Revolving Loan Commitment at such time less (b) the sum ---- of the total Revolving Credit Exposures of all the Revolving Lenders at such time.