Computations of Outstandings. Whenever reference is made in this Agreement to the principal amount of Advances outstanding under this Agreement to one or more Borrowers on any date, such reference shall refer to the aggregate principal amount of all such Advances to such Borrower(s) outstanding on such date after giving effect to (i) all Advances to be made to such Borrower(s) on such date and the application of the proceeds thereof and (ii) any repayment or prepayment of Advances on such date by such Borrower(s).
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Samples: Credit Agreement (Public Service Co of New Hampshire), Credit Agreement, Credit Agreement (Western Massachusetts Electric Co)
Computations of Outstandings. Whenever reference is made in this Agreement to the principal amount of Advances outstanding under this Agreement to one or more more, or all, Borrowers on any date, such reference shall refer to the aggregate principal amount of all such Advances to such Borrower(s) outstanding on such date after giving effect to (i) all Advances to be made to such Borrower(s) on such date and the application of the proceeds thereof and (ii) any repayment or prepayment of Advances on such date by such Borrower(s).
Appears in 4 contracts
Samples: Credit Agreement (Northeast Utilities), Credit Agreement (Northeast Utilities), Collateral Agency Agreement (Northeast Utilities System)
Computations of Outstandings. Whenever reference is made in this Agreement to the principal amount of Advances outstanding under this Agreement to one or more both Borrowers on any date, such reference shall refer to the aggregate principal amount of all such Advances to such Borrower(s) outstanding on such date after giving effect to (i) all Advances to be made to such Borrower(s) on such date and the application of the proceeds thereof and (ii) any repayment or prepayment of Advances on such date by such Borrower(s).
Appears in 2 contracts
Samples: Credit Agreement (Northeast Utilities System), Credit Agreement (Northeast Utilities System)
Computations of Outstandings. Whenever reference is made in this Agreement to the principal amount of Advances outstanding under this Agreement to one or more Borrowers the Borrower on any date, such reference shall refer to the aggregate principal amount of all such Advances to such Borrower(s) the Borrower outstanding on such date after giving effect to (i) all Advances to be made to such Borrower(s) the Borrower on such date and the application of the proceeds thereof and (ii) any repayment or prepayment of Advances on such date by such Borrower(s)the Borrower.
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