Acceptance Usage definition

Acceptance Usage means, as at any date of determination, the aggregate Face Amount of all completed Bankers’ Acceptances which have not been repaid by McKesson Canada whether or not due and whether or not held by a Lender. For purposes of this definition, any Bankers’ Acceptance that has been prepaid in full shall not be deemed to be outstanding and all Bankers’ Acceptances shall be valued in Dollar Equivalents as of the applicable Computation Date.
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Acceptance Usage means, as at any date, the sum (without duplication) of the aggregate Face Amount of all Acceptances accepted by Canadian Lenders pursuant to Section 2.03 which have not been repaid by the Canadian Borrower, whether or not due and whether or not held by any Lender. For purposes of this definition, all Acceptances shall be valued in Dollar Equivalents as of any date of determination.
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Acceptance Usage means, as at any date, the sum (without duplication) of the aggregate Face Amount of all Acceptances created by Canadian Lenders pursuant to Section 4 which have not been repaid by Canada Safeway whether or not due and whether or not held by any Lender. For purposes of this definition, any Acceptance which has been prepaid in full shall not be deemed to be outstanding and all Acceptances shall be valued in Dollar Equivalents as of any date of determination.
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Examples of Acceptance Usage in a sentence

  • The amount of the Total Canadian Revolving Credit Commitment which shall be available to TD Canada for Canadian Loans shall be reduced by the aggregate amount of all Canadian Letters of Credit Outstandings and Canadian Acceptance Usage.

  • For the purposes of determining the amount of Domestic Loans plus Domestic Letter of Credit Outstandings plus Domestic Acceptance Usage plus Swing Line Outstandings, it is intended by the parties that all Domestic Loans shall be the functional equivalent of Loans made and repaid (based on the applicable Advance Date Exchange Rate for each Advance) in Dollars.

  • The amount of the Total Domestic Revolving Credit Commitment which shall be available to the Multicurrency Facilities Borrowers as Domestic Revolving Loans shall be reduced by the aggregate amount of all Domestic Letters of Credit Outstandings, Swing Line Outstandings, Domestic Acceptance Usage and Competitive Bid Loans.

  • The Proceeds of Discount of such Bills shall be applied by the Bank in payment to it of the Bills Acceptance Usage Fee payable in respect of those Bills and of an amount equal to the amount of the unpaid payment.

  • The amount of the Total Domestic Revolving Credit Commitment which shall be available to the Multicurrency Facilities Borrowers shall be reduced by the aggregate amount of all Domestic Letters of Credit Outstandings, Swing Line Outstandings, Domestic Acceptance Usage and Competitive Bid Loans.

  • For the purposes of determining the amount of Domestic Loans plus Domestic Letters of Credit Outstandings plus Domestic Acceptance Usage plus Swing Line Outstandings, it is intended by the parties that all Domestic Loans shall be the functional equivalent of Loans made and repaid (based on the applicable Advance Date Exchange Rate for each Advance) in Dollars.

  • The amount of the Total Canadian Revolving Credit Commitment which shall be available to TD Canada shall be reduced by the aggregate amount of all Canadian Letters of Credit Outstandings and Canadian Acceptance Usage.


More Definitions of Acceptance Usage

Acceptance Usage means, as at any date of determination, the aggregate Face Amount of all completed Bankers' Acceptances which have not been repaid by Libbey Canada whether or not due and whether or not held by Canadian Agent. For purposes of this definition, any Bankers' Acceptance for which security has been given to Canadian Agent for the full amount thereof shall not be deemed to be outstanding and all Bankers' Acceptances shall be valued in Dollar Equivalents as of such date of determination.
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Related to Acceptance Usage

  • Acceptance period, as used in this provision, means the number of calendar days available to the PHA/IHA for awarding a contract from the date specified in this solicitation for receipt of bids.

  • Acceptance Window shall have the meaning specified in paragraph 2B(5).

  • Acceptance Day shall have the meaning specified in paragraph 2B(5).

  • Facility Usage means, at the time in question, the aggregate amount of outstanding Loans and LC Obligations at such time.

  • Maximum Drawing Amount means at the time in question the sum of the maximum amounts which LC Issuer might then or thereafter be called upon to advance under all Letters of Credit which are then outstanding.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Restricted Amount has the meaning set forth in Section 2.11(b)(iv).

  • Maximum Credit means, at any time, the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time.

  • Availability Block means $15,000,000.

  • Loan Limit means, at any time, the lesser of (a) the Total Commitment at such time and (b) the Borrowing Base at such time (including as it may be reduced pursuant to Section 2.14(h)).

  • Acceptance Letter means the letter from Adviser to BD pursuant to which the Adviser appoints BD as a Broker Dealer for each series of MuniPreferred issued by any Fund that has executed a Request Letter.

  • Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Acceptance Date has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Increase Amount is defined in Section 2.3(a).

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Acceptance Condition means, with respect to an Offer, the condition set forth in the Offer Documents with respect to the number of acceptances to an Offer which must be secured to declare such Offer unconditional as to acceptances which shall be more than 50% of the Target shares carrying voting rights.

  • Acceptable Discount has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Credit Limit means the total dollar amount of the Account which we approved and which you may borrow against according to the terms of this Agreement.

  • Permitted Amount means, on any date, an amount equal to 3.5 times Adjusted EBITDA as of the most recent fiscal quarter for which financial statements of the Company are internally available immediately preceding such date.