Aggregate Individual Currency Commitments definition
Aggregate Individual Currency Commitments means, at any time, the sum of all Individual Currency Commitments at such time. The initial amount of the Aggregate Individual Currency Commitments on the date hereof is $96,500,000.
Examples of Aggregate Individual Currency Commitments in a sentence
Accrued Utilization Fees shall be payable in arrears on the last day of March, June, September and December of each year, each date on which the Aggregate Core Currency Commitments or the Individual Currency Commitments are permanently reduced and on the date on which the Aggregate Core Currency Commitments and the Aggregate Individual Currency Commitments terminate or the Aggregate Credit Exposure is $0, commencing on the first such date to occur after the Effective Date.
During the Commitment Period, the Non-Core Currency Borrowers may borrow, prepay in whole or in part and reborrow Individual Currency Loans under the Aggregate Individual Currency Commitments, all in accordance with the terms and conditions of this Agreement.