Aggregate Outstanding definition

Aggregate Outstanding means the sum of the outstanding principal balance of the Revolving Note and the L/C Amount.”

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Aggregate Outstanding means, at a particular time, the sum of (a) the Aggregate Letters of Credit outstanding at such time plus (b) the aggregate outstanding principal amount of all Loans at such time.

Aggregate Outstanding. Principal Amount of the Loan and of the Note Assigned to Assignee: $_________________

Examples of Aggregate Outstanding in a sentence

• If any Lender, whether by setoff or otherwise, has payment made to it upon its Outstanding Credit Exposure (other than payments received pursuant to Section 3.1, 3.2, 3.4 or 3.5) in a greater proportion than that received by any other Lender, such Lender agrees, promptly upon demand, to purchase a portion of the Aggregate Outstanding Credit Exposure held by the other Lenders so that after such purchase each Lender will hold its Pro Rata Share of the Aggregate Outstanding Credit Exposure.

• If any Lender, whether in connection with setoff or amounts which might be subject to setoff or otherwise, receives collateral or other protection for its Obligations or such amounts which may be subject to setoff, such Lender agrees, promptly upon demand, to take such action necessary such that all Lenders share in the benefits of such collateral ratably in proportion to their respective Pro Rata Shares of the Aggregate Outstanding Credit Exposure.

• In the event the Trustee shall receive conflicting or inconsistent requests and indemnity pursuant to this Section 5.8 from two or more groups of Holders of the Controlling Class, each representing less than a Majority of the Controlling Class, the Trustee shall act in accordance with the request specified by the group of Holders with the greatest percentage of the Aggregate Outstanding Amount of the Controlling Class, notwithstanding any other provisions of this Indenture.

• The Aggregate Outstanding Credit Exposure and all other unpaid Obligations shall be paid in full by the Borrower on the Facility Termination Date.

• If any Lender, whether in connection with setoff or amounts which might be subject to setoff or otherwise, receives collateral or other protection for its Obligations or such amounts which may be subject to setoff, such Lender agrees, promptly upon demand, to take such action necessary such that all Lenders share in the benefits of such collateral or other protection ratably in proportion to their respective Pro Rata Shares of the Aggregate Outstanding Credit Exposure.

• If any Lender, whether in connection with setoff or amounts which might be subject to setoff or otherwise, receives collateral or other protection for its Obligations or such amounts which may be subject to setoff, such Lender agrees, promptly upon demand, to take such action necessary such that all Lenders share in the benefits of such collateral ratably in proportion to their respective Pro Rata Share of the Aggregate Outstanding Credit Exposure.

• Payments to the Holders of the Subordinated Notes from Interest Proceeds and Principal Proceeds shall be made in the proportion that the Aggregate Outstanding Amount of the Subordinated Notes registered in the name of each such Holder on the applicable Record Date bears to the Aggregate Outstanding Amount of all Subordinated Notes on such Record Date.

• If any Bank, whether in connection with setoff or amounts which might be subject to setoff or otherwise, receives collateral or other protection for its Obligations or such amounts which may be subject to setoff, such Bank agrees, promptly upon demand, to take such action necessary such that all Banks share in the benefits of such collateral ratably in proportion to their respective Pro Rata Share of the Aggregate Outstanding Credit Exposure.

• If any Bank, whether by setoff or otherwise, has payment made to it upon its Outstanding Credit Exposure in a greater proportion than that received by any other Bank, such Bank agrees, promptly upon demand, to purchase a portion of the Aggregate Outstanding Credit Exposure held by the other Banks so that after such purchase each Bank will hold its Pro Rata Share of the Aggregate Outstanding Credit Exposure.

• Thereafter, on each Distribution Date in the Revolving Period, the consideration for the Loans and other Conveyed Property conveyed on such Distribution Date will equal the Aggregate Outstanding Net Eligible Loan Balance of such Loans as of such Distribution Date.

More Definitions of Aggregate Outstanding

Aggregate Outstanding means at any time the aggregate outstanding principal balance of all Advances under the Revolving Loan.

Aggregate Outstanding means at the time of any determination, the sum of the aggregate unpaid face amount of all outstanding unmatured Acceptances, other than Special Finance Bankers Acceptances, plus the aggregate amount of all outstanding Acceptance Obligations, other than in respect of Special Finance Bankers Acceptances.

Aggregate Outstanding means at any time the sum of: (i) the aggregate outstanding principal balance of all Advances under the Revolving Loan plus (ii) the amount of the Letter of Credit Obligations.

Aggregate Outstanding. Principal Amount of Loans owing to the Assignee: $12,069,129.52 Note payable to the order of the Assignee Dated: _________, 2001 Principal amount: $12,069.129.52

Aggregate Outstanding means in respect of the Credit, at any time, the sum expressed in U.S. Dollars of the aggregate Issue Price plus Accrued Original Issue Discount of the Borrowing outstanding at such time;