Aggregate Outstanding Exposure definition

Aggregate Outstanding Exposure means the sum of the aggregate outstanding principal amount of the Advances plus the Letter of Credit Exposure at any time.
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Aggregate Outstanding Exposure shall have the meaning provided in Section 5.2(a).
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Aggregate Outstanding Exposure means, at any time, the aggregate Outstanding Exposure of all the Lenders at such time. ​
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Examples of Aggregate Outstanding Exposure in a sentence

  • If, after giving effect to the prepayment of all outstanding Loans, the Aggregate Outstanding Exposure exceed the Total Commitment then in effect, the Company shall Cash Collateralize the then Letters of Credit Outstanding in an amount equal to such excess.

  • 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 Exposure.

  • If on any Liquid Asset Coverage ---------------------------- Date the Aggregate Outstanding Exposure exceeds the Adjusted Liquid Asset Coverage Amount, the Company shall prepay the Advances (and/or provide cover for Letter of Credit Liabilities as specified in Section 2.05(d)) in an aggregate amount equal to such excess.