Total Commitments. The sum of the aggregate principal amount of all Loans outstanding at any time, the aggregate amount available for drawing under all Letters of Credit then outstanding and the aggregate amount of all Reimbursement Obligations then outstanding (such sum to be referred to herein as the "Outstanding Facilities Credit") shall not exceed the Total Commitment at such time.
Appears in 2 contracts
Samples: Security Agreement (Indus International Inc), Credit Agreement (Indus International Inc)
Total Commitments. The sum of the aggregate principal amount of all Loans outstanding at any time, the aggregate amount available for drawing under all Letters of Credit then outstanding and and, the aggregate amount of all Reimbursement Obligations then outstanding (such sum to be referred to herein as the "Outstanding Facilities Credit") shall not exceed the Total Commitment at such time.
Appears in 1 contract
Total Commitments. The sum of the aggregate principal amount of all Revolving Loans outstanding at any timeoutstanding, the aggregate amount available for drawing under all Letters of Credit then outstanding and the aggregate amount of all Reimbursement Obligations then outstanding (such sum to be referred to herein as the "Outstanding Facilities Credit") shall not exceed the Total Commitment at such time.
Appears in 1 contract
Samples: Credit Agreement (Quantum Corp /De/)
