Common use of Computations of Outstandings Clause in Contracts

Computations of Outstandings. Whenever reference is made in this Agreement to the “principal amount outstanding” on any date under this Agreement, such reference shall refer to the aggregate principal amount of all Advances outstanding on such date after giving effect to all Advances to be made on such date and the application of the proceeds thereof.

Appears in 22 contracts

Samples: Year Master Credit Agreement (Wisconsin Power & Light Co), Term Loan Credit Agreement (Alliant Energy Corp), Term Loan Credit Agreement (Alliant Energy Corp)

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Computations of Outstandings. Whenever reference is made in this Agreement to the "principal amount outstanding" on any date under this Agreement, such reference shall refer to the aggregate principal amount of all Advances outstanding on such date after giving effect to all Advances Extensions of Credit to be made on such date and the application of the proceeds thereof.

Appears in 6 contracts

Samples: Credit Agreement (Commonwealth Edison Co), Credit Agreement (Commonwealth Edison Co), Credit Agreement (Commonwealth Edison Co)

Computations of Outstandings. Whenever reference is made in this Agreement to the principal amount outstanding” outstanding on any date under this Agreement, such reference shall refer to the sum of the aggregate principal amount of all Advances outstanding on such date date, after giving effect to all Advances to be made on such date and the application of the proceeds thereof.

Appears in 3 contracts

Samples: Term Credit Agreement (Northeast Utilities System), Term Credit Agreement (Northeast Utilities System), Term Credit Agreement (North Atlantic Energy Corp /Nh)

Computations of Outstandings. Whenever reference is made in this Agreement to the "principal amount outstanding" on any date under this Agreement, such reference shall refer to the aggregate principal amount of all Advances outstanding on such date after giving effect to all Advances Extensions of Credit to be made on such date and the application of the proceeds thereof. SECTION 1.04.

Appears in 2 contracts

Samples: Year Credit Agreement (Ies Utilities Inc), Day Credit Agreement (Ies Utilities Inc)

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Computations of Outstandings. Whenever reference is made in this Agreement to the principal amount outstanding” outstanding on any date under this Agreement, such reference shall refer to the sum of the aggregate principal amount of all Advances outstanding on such date in each case after giving effect to all Advances to be made on such date and the application of the proceeds thereof.

Appears in 2 contracts

Samples: Collateral Agency Agreement (North Atlantic Energy Corp /Nh), Revolving Credit Agreement (North Atlantic Energy Corp /Nh)

Computations of Outstandings. Whenever reference is made in this Agreement to the principal amount outstanding” outstanding on any date under this Agreement, such reference shall refer to the aggregate principal amount of all Advances outstanding on such date after giving effect to all Advances to be made on such date and date. At no time shall the application principal amount outstanding under this Agreement exceed the aggregate amount of the proceeds thereofCommitments.

Appears in 1 contract

Samples: Term Loan Agreement (CMS Energy Corp)

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