Acceptance Exposure definition

Acceptance Exposure means, at any time, the aggregate face amount of the outstanding Acceptances and Acceptance Equivalent Loans at such time. The Acceptance Exposure of any Canadian Lender at any time shall be its Applicable Percentage of the aggregate Acceptance Exposure at such time.
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Acceptance Exposure means, at any time, the aggregate face amount of all Bankers Acceptances outstanding at such time for which UMC Canada has not yet reimbursed the Canadian Lenders which have accepted such Bankers Acceptance pursuant to the terms of the Canadian Credit Agreement.
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Acceptance Exposure at any time, the Dollar Equivalent of the aggregate face amount of the outstanding Acceptances and Acceptance Equivalent Loans at such time. The Acceptance Exposure of any Canadian Revolving Lender at any time shall be its Canadian Revolving Percentage of the aggregate Acceptance Exposure at such time.
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Examples of Acceptance Exposure in a sentence

  • The Company will pay on the Termination Date to the Administrative Agent for the account of each Lender the then- outstanding principal amount of each Loan made by such Lender and the amount of the Acceptance Exposure.

  • Such payments shall be held by the U.S. Agent on behalf of the Canadian Agent and the Canadian Lenders as cash collateral securing the Acceptance Exposure in an account or accounts at the Principal Office of the Canadian Agent; and each Canadian Borrower hereby, and by its deposit with the U.S. Agent, grants to the Canadian Agent a security interest in such cash collateral.

  • On the Termination Date each Obligor shall pay to (i) the U.S. Agent, for the account of each Lender, the outstanding aggregate principal and accrued and unpaid interest under its U.S. Notes and to (ii) the Canadian Agent, for the account of each Lender, the outstanding aggregate principal and accrued and unpaid interest under its Canadian Notes and the amount of its Acceptance Exposure.

  • Subject to the terms and conditions of this Agreement, each Lender agrees to extend to the Borrower from the date hereof through the Termination Date, a revolving line of credit which shall not exceed the Total Revolving Credit Commitment less (a) outstanding Advances (including Swingline Advances), (b) Letter of Credit Obligations, and (c) the Acceptance Exposure.

  • Payments received by the Accepting Banks shall be held by the Accepting Banks as cash collateral securing the Acceptance Exposure in an account or accounts at the Accepting Banks’ principal office in San Francisco, California ; and the Borrower hereby, and by its deposit with the Accepting Banks, grants to the Accepting Banks a security interest in such cash collateral.

  • If at such time, there exists any Indebtedness which is contingent in amount, including, without limitation, contingent amounts of LC Exposure, but not including the Acceptance Exposure (such Indebtedness being "Contingent Indebtedness"), the Paying Agent shall (with the information provided under Section 3.01) determine the amount of all Indebtedness then outstanding, including, without limitation, Contingent Indebtedness.

  • So long as any of the Commitments are in effect or any LC Exposure, Acceptance Exposure or Loans are outstanding hereunder, this facility shall be governed by the then effective Borrowing Base.

  • The Company will pay on the Termination Date to the Administrative Agent for the account of each Lender the then-outstanding principal amount of each Loan made by such Lender and the amount of the Acceptance Exposure.

  • If at such time, there exists any Indebtedness which is contingent in amount, including, without limitation, contingent amounts of LC Exposure, but not including the Acceptance Exposure (such Indebtedness being "Contingent Indebtedness"), the Collateral Agent shall (with the information provided under Section 3.01) determine the amount of all Indebtedness then outstanding, including, without limitation, Contingent Indebtedness.

  • For purposes of computing commitment fees with respect to Revolving Commitments, a Revolving Commitment of a Lender shall be deemed to be used to the extent of the outstanding Revolving Loans and LC and Acceptance Exposure of such Lender.


More Definitions of Acceptance Exposure

Acceptance Exposure means, at any time, the aggregate face amount of all Bankers' Acceptances outstanding at such time for which the Company has not yet reimbursed the Accepting Lenders.
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Acceptance Exposure means, at any time, the aggregate face amount of all Bankers Acceptances outstanding at such time for which the Borrower has not yet repaid an Accepting Bank.
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Acceptance Exposure at any time, the aggregate face amount of Canadian B/A Loans.
Sample 1
Acceptance Exposure means, at any time, the aggregate principal amount of the outstanding Acceptances and Acceptance Equivalent Loans at such time, expressed in U.S. Dollars. Acceptance Exposure shall include the face amount of all outstanding bankers' acceptances as of the Effective Date in respect of which the Canadian Lenders have agreed to indemnify the accepting banks under the letter agreement dated as of February 23, 2001 among the banks who have accepted such acceptances, the Canadian Administrative Agent and the Canadian Lenders. The Acceptance Exposure of any Canadian Lender at any time shall be its Applicable Percentage of the aggregate Acceptance Exposure at such time.
Sample 1

Related to Acceptance Exposure

  • Facility Exposure means, at any date of determination, the sum of the aggregate principal amount of all outstanding Advances and the Available Amount under all outstanding Letters of Credit.

  • Swingline Exposure means, at any time, the aggregate principal amount of all Swingline Loans outstanding at such time. The Swingline Exposure of any Lender at any time shall be its Applicable Percentage of the total Swingline Exposure at such time.

  • Swap Exposure means, as at any relevant date, the amount certified by the Swap Bank to the Agent to be the aggregate net amount in Dollars which would be payable by the Borrower to the Swap Bank under (and calculated in accordance with) section 6(e) (Payments on Early Termination) of the Master Agreement if an Early Termination Date had occurred on the relevant date in relation to all continuing Designated Transactions entered into between the Borrower and the Swap Bank;

  • Total Revolving Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.

  • L/C Exposure at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time, and (b) the aggregate amount of all L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time. The L/C Exposure of any L/C Lender at any time shall equal its L/C Percentage of the aggregate L/C Exposure at such time.

  • Swing Line Exposure means, at any time, the aggregate principal amount of all Swing Line Loans outstanding at such time. The Swing Line Exposure of any Lender at any time shall be its Pro Rata Share of the total Swing Line Exposure at such time.

  • Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposure of all the Lenders at such time.

  • Credit Exposure means, as to any Lender at any time, the sum of (a) such Lender’s Revolving Credit Exposure at such time, plus (b) an amount equal to the aggregate principal amount of its Term Loans outstanding at such time.

  • Revolving Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time.

  • Applicable Fronting Exposure means, with respect to any Person that is an Issuing Bank at any time, the sum of (a) the aggregate amount of all Letters of Credit issued by such Person in its capacity as an Issuing Bank (if applicable) that remains available for drawing at such time and (b) the aggregate amount of all LC Disbursements made by such Person in its capacity as an Issuing Bank (if applicable) that have not yet been reimbursed by or on behalf of the Borrower at such time.

  • Defaulting Lender Fronting Exposure means, at any time there is a Defaulting Lender, (a) with respect to the Issuing Bank, such Defaulting Lender’s Applicable Percentage of the outstanding Letter of Credit obligations other than Letter of Credit obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Total Revolving Credit Exposure means, as to any Revolving Credit Lender at any time, the unused Revolving Credit Commitments and the Revolving Credit Exposure of such Revolving Credit Lender at such time.

  • Total Exposure means, for any Lender at any time, the sum of (i) the aggregate principal amount of all outstanding Loans of such Lender plus (ii) such Lender’s Applicable Percentage of the Letter of Credit Usage.

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Aggregate Credit Exposure means, at any time, the aggregate Credit Exposure of all the Lenders at such time.

  • Letter of Credit Exposure means, at any time, the sum of (a) the aggregate undrawn maximum face amount of each Letter of Credit at such time plus (b) the aggregate unpaid amount of all Reimbursement Obligations at such time.

  • Aggregate Credit Exposures means, at any time, in respect of (a) the Term Facility, the aggregate amount of the Term Loans outstanding at such time and (b) in respect of the Revolving Credit Facility, the sum of (i) the unused portion of the Revolving Credit Facility at such time and (ii) the Total Revolving Credit Outstandings at such time.

  • Uptime Percentage means Uptime expressed as a percentage, calculated in accordance with the following formula:

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Total Credit Exposure means, as to any Lender at any time, the unused Commitments and Revolving Credit Exposure of such Lender at such time.

  • Aggregate Exposure Percentage with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Aggregate Exposure at such time to the Aggregate Exposure of all Lenders at such time.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.