Aggregate Available Revolving Commitments definition

Aggregate Available Revolving Commitments means, at any time, the aggregate amount of Available Revolving Commitments of all the Revolving Lenders at such time.
Aggregate Available Revolving Commitments means, on any date of determination thereof: (a) the Revolving Credit Commitments in effect on such date minus (b) the sum of (i) the aggregate outstanding principal amount of Revolving Credit Loans on such date, (ii) the aggregate outstanding principal amount of Bid Rate Loans on such date, (iii) the aggregate Stated Amounts of all Letters of Credit then outstanding and (iv) the aggregate amount of outstanding Reimbursement Obligations on such date.
Aggregate Available Revolving Commitments as at any date of determination with respect to all Revolving Lenders, an amount in Dollars equal to the Available Revolving Commitments of all Revolving Lenders on such date.

Examples of Aggregate Available Revolving Commitments in a sentence

  • Each ABR Borrowing shall be in an aggregate amount equal to $500,000 or a larger multiple of $100,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the Aggregate Available Revolving Commitments that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.04(f).

  • If the Borrower requests a Revolving Loan or a Letter of Credit, the Agent shall have received the most recent Borrowing Base Certificate required to be delivered by the Borrower to the Agent pursuant to Section 6.3(e), which certificate shall indicate that the requested Revolving Loan or Letter of Credit does not exceed the Aggregate Available Revolving Commitments on such date.

  • Each borrowing of Multicurrency Loans under the Revolving Commitments shall be in an amount in U.S. Dollars equal to, or an amount in an Available Foreign Currency of which the U.S. Dollar Equivalent is equal to, at least $2,500,000 (or, if the then Aggregate Available Revolving Commitments are less than $2,500,000, such lesser amount).


More Definitions of Aggregate Available Revolving Commitments

Aggregate Available Revolving Commitments at any time, the aggregate amount of the Available Revolving Commitments of all the Lenders at such time.
Aggregate Available Revolving Commitments means, at any time, an amount equal to the excess, if any, of (a) the aggregate Revolving Commitments of all Lenders then in effect over the sum of (x) Total Revolving Extensions of Credit plus (y) the aggregate amount guaranteed under the Parent Note Guaranty.

Related to Aggregate Available Revolving Commitments

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • Aggregate Revolving Commitments means, collectively, all Revolving Commitments of all Lenders at any time outstanding.

  • Aggregate Revolving Commitment means the aggregate amount of the Lenders’ Revolving Credit Commitments hereunder, as such amount may be increased, reduced or otherwise modified at any time or from time to time pursuant to the terms hereof. On the Closing Date, the Aggregate Revolving Commitment shall be $250,000,000.

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

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Extended Revolving Credit Commitments shall have the meaning provided in Section 2.14(g)(ii).