Examples of Aggregate Outstanding Revolving Extensions of Credit in a sentence
Notwithstanding anything to the contrary contained in this Agreement, in no event shall, at the time of the making of any extension of credit hereunder, the sum of the Aggregate Outstanding Revolving Extensions of Credit of all of the Lenders exceed the aggregate Commitments then in effect.
The Borrower shall have the right, upon not less than five Business Days' notice to the Administrative Agent, to terminate the Commitments or, from time to time, to reduce the amount of the Commitments provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Credit Loans made on the effective date thereof, the Aggregate Outstanding Revolving Extensions of Credit would exceed the Revolving Credit Commitments then in effect.
Notwithstanding anything to the contrary contained in this Agreement, in no event shall, at any time, the sum of the Aggregate Outstanding Revolving Extensions of Credit of all of the Lenders plus the aggregate principal amount of outstanding Competitive Loans exceed the aggregate Commitments then in effect.
The Documentation Agent shall have received a Borrowing Base Certificate, dated the Closing Date and setting forth a calculation of the Borrowing Base as of March 31, 1997, showing that the Aggregate Outstanding Revolving Extensions of Credit on the Closing Date (after giving effect to the extension of credit hereunder on the Closing Date), when added to the Permitted Senior Indebtedness on the Closing Date, shall not exceed the Borrowing Base as set forth therein.
The unused portion of any amounts deposited by the Borrower in any such cash collateral account pursuant to this paragraph (h) and any earnings from investments of amounts on deposit therein, shall be paid to the Borrower after sufficient Letters of Credit have expired undrawn so that the Aggregate Outstanding Revolving Extensions of Credit shall no longer exceed the Revolving Credit Commitments as then reduced; PROVIDED that no Default or Event of Default has occurred and is continuing.
After giving effect to the extensions of credit -------------- requested to be made on such date, the Aggregate Outstanding Revolving Extensions of Credit of the Lenders shall not exceed the Borrowing Base then in effect.
The Borrower shall have the right, upon not less than three Business Days notice to the Administrative Agent, from time to time, to reduce the unutilized amount of the Revolving Credit Commitments; PROVIDED that no such termination or reduction shall be permitted if, after giving effect thereto and to any prepayments of the Loans made on the effective date thereof, the Dollar Equivalent of the Aggregate Outstanding Revolving Extensions of Credit would exceed the Revolving Credit Commitments then in effect.
To the extent that after giving effect to any prepayment of any Revolving Credit Loans required by the preceding sentence, the Aggregate Outstanding Revolving Extensions of Credit at such time exceed the Borrowing Base at such time, ASI shall, without notice or demand, immediately deposit in a Cash Collateral Account upon terms reasonably satisfactory to the Administrative Agent an amount equal to the aggregate then outstanding L/C Obligations.
The team will review stakeholders' comments and send back the final decision and a summary of how comments were taken into account; this will be sent back using various methods depending on the issues and type of stakeholders.
Notwithstanding anything to the contrary contained in this Agreement, in no event shall, at any time, the sum of the Aggregate Outstanding Revolving Extensions of Credit of all of the Lenders exceed the aggregate Commitments then in effect.