Aggregate Revolving Credit Obligations definition

Aggregate Revolving Credit Obligations means, as of any particular time, the sum of (a) the aggregate principal amount of all Revolving Loans then outstanding, plus (b) the aggregate principal amount of all Swing Loans then outstanding, plus (c) the aggregate principal amount of all Agent Advances then outstanding, plus (d) the aggregate principal amount of all Letter of Credit Obligations then outstanding.
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Aggregate Revolving Credit Obligations means, as of any particular time, the sum of (a) the Effective Amount of all Loans then outstanding, plus (b) the Effective Amount of all L\C Obligations then outstanding.
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Aggregate Revolving Credit Obligations means, as of any particular time, the sum of (a) the Aggregate Revolving Dollar Obligations, plus (b) the Equivalent Amount (in Dollars) of the Aggregate Revolving Pound Obligations.
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Examples of Aggregate Revolving Credit Obligations in a sentence

  • Except for Overadvances permitted under Section 2.1(d), in the event and on such occasion that the Aggregate Revolving Credit Obligations exceed the lesser of (A) the Aggregate Revolving Loan Commitments or (B) the Borrowing Base, the Borrowers shall prepay the Revolving Loans, Agent Advances, Swing Loans, Overadvances or Letter of Credit Reserve Account, as appropriate, by an aggregate amount equal to such excess.

  • If at any time the amount of the Aggregate Revolving Credit Obligations exceed the Revolving Loan Commitments, the Borrowing Base or any other applicable limitation set forth in this Agreement (including, without limitation, the limitations on Swing Loans, Agent Advances, Overadvances and Letters of Credit) such excess shall nevertheless constitute a portion of the Obligations that are secured by the Collateral and are entitled to all benefits thereof.


More Definitions of Aggregate Revolving Credit Obligations

Aggregate Revolving Credit Obligations means, as of any particular time, the sum of (a) the aggregate principal amount of all Revolving Loans then outstanding, plus (b) the aggregate principal amount of all Swing Loans then outstanding, plus (c) the aggregate principal amount of all Agent Advances then outstanding, plus (d) the aggregate amount of all Letter of Credit Obligations then outstanding. "Agreement" shall mean this Credit Agreement, together with all Exhibits and Schedules hereto in each case, as amended, restated, supplemented, or otherwise modified from time to time. "Agreement Date" shall mean September 26, 2019. "Amendment No. 3 Effective Date" means February 17, 2022. "Amendment No. 4 Effective Date" means January 21, 2026. "Amendment No. 4 Transactions" shall mean (a) the Financing Transactions on the Amendment No. 4 Effective Date, (b) the issuance of the 2034 Notes, (c) the redemption of the 2028 Notes and (d) the payment of all fees, costs and expenses incurred or payable by the Borrower or any Subsidiary in connection with the foregoing. "Anti-Corruption Laws" shall mean all laws, rules and regulations of any jurisdiction applicable to the Borrower or its Subsidiaries from time to time concerning or relating to bribery or corruption, including the United States Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder. "Anti-Terrorism Law" any law relating to terrorism or money laundering, including the Patriot Act and the Currency and Foreign Transactions Reporting Act (also known as the "Bank Secrecy Act", 31 U.S.C. §§ 5311-5330 and 12 U.S.C. §§ 1818(s), 1820(b) and §§ 1951-1959), and the rules and regulations thereunder. "Applicable Law" shall mean, in respect of any Person, all provisions of constitutions, statutes, rules, regulations, and orders of governmental bodies or regulatory agencies applicable, whether by law or by virtue of contract, to such Person, and all orders and decrees of all courts and arbitrators in proceedings or actions to which the Person in question is a party or by which it is bound.
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