Aggregate Revolving Exposure definition
Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposure of all the Lenders at such time.
Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposure of all the Lenders at such time (with the Swingline Exposure of each Lender calculated assuming that all of the Lenders have funded their participations in all Swingline Loans outstanding at such time).
Aggregate Revolving Exposure means the aggregate amount of the Lenders’ Revolving Exposures.
Examples of Aggregate Revolving Exposure in a sentence
If the Borrower is required to provide an amount of cash collateral hereunder pursuant to Section 2.10, such amount (to the extent not applied as aforesaid) shall be returned to the Borrower to the extent that, after giving effect to such return, the (i) R-1 Aggregate Revolving Exposure would not exceed the R-1 Aggregate Commitment and (ii) R-2 Aggregate Revolving Exposure would not exceed the R-2 Aggregate Commitment and no Default shall have occurred and be continuing.
More Definitions of Aggregate Revolving Exposure
Aggregate Revolving Exposure means, at any time, the aggregate Credit Exposure of all the Lenders at such time.
Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposures of all the Lenders at such time.
Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposure of all the Lenders at such time. “Agreement Value ” means, for each Swap Agreement, on any date of determination, the maximum aggregate amount (giving effect to any netting agreements) that the Borrower or any Subsidiary would be required to pay if such Swap Agreement were terminated on such date. “ALTA” means the American Land Title Association. “Alternate Base Rate ” means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the NYFRB Rate in effect on such day plus ½ of 1% and (c) the Adjusted LIBO Rate for a one month Interest Period in dollars on such day (or if such day is not a Business Day, the immediately preceding Business Day) plus 1%, provided that for the purpose of this definition, the Adjusted LIBO Rate for any day shall be based on the LIBO Screen Rate (or if the LIBO Screen Rate is not available for such one month Interest Period, the Interpolated Rate) at approximately 11:00 a.m. London time on such day. Any change in the Alternate Base Rate due to a change in the Prime Rate, the NYFRB Rate or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the Prime Rate, the NYFRB Rate or the Adjusted LIBO Rate, respectively. If the Alternate Base Rate is being used as an alternate rate of interest pursuant to Section 2.14 hereof, then the Alternate Base Rate shall be the greater of clauses (a) and (b) above and shall be determined without reference to clause (c) above. For the avoidance of doubt, if the Alternate Base Rate as determined pursuant to the -2-
Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposure of all the Revolving Lenders. “Agreement” has the meaning assigned to such term in the preamble.
Aggregate Revolving Exposure means the sum, without duplication, of (a) the outstanding principal amount of all Revolving Loans, (b) the outstanding principal amount of all Swingline Loans and (c) the Letter of Credit Obligations.
Aggregate Revolving Exposure the sum of the Revolving Exposures of all the Lenders at such time.
Aggregate Revolving Exposure means, with respect to all Lenders at any time, the sum of the outstanding principal amount of the Revolving Loans and the sum of the following, without duplication, the Foreign Currency Exposure, the LC Exposure and the Swingline Exposure at such time; provided, that clause (a) of the definition of Swingline Exposure shall only be applicable to the extent Lenders shall have funded their respective participations in the outstanding Swingline Loans.