Aggregate Revolving Outstandings definition

Aggregate Revolving Outstandings means the aggregate Outstanding Amount of all Revolving Loans and all L/C Obligations.

Aggregate Revolving Outstandings at any time, the aggregate amount of the Class B Revolving Outstandings and the Class C Revolving OutstandingsExtensions of Credit of the Lenders outstanding at such time.

Aggregate Revolving Outstandings at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

Examples of Aggregate Revolving Outstandings in a sentence

• If, after giving effect to the prepayment of all outstanding Swingline Loans and Revolving Credit Loans, the Aggregate Revolving Outstandings exceed the Borrowing Base then in effect, the Borrowers shall Cash Collateralize the L/C Obligations to the extent of such excess.

• If, after giving effect to the prepayment of all outstanding Protective Advances, Swingline Loans and Revolving Credit Loans, the Aggregate Revolving Outstandings exceed the Total Revolving Credit Commitment then in effect, the Borrowers shall Cash Collateralize the L/C Obligations to the extent of such excess.

• On each date on which the Aggregate Revolving Commitment Amount is reduced pursuant to Section 6.1, the Company shall prepay Revolving Loans in the amount necessary (if any) so that the Aggregate Revolving Outstandings will not exceed the Aggregate Revolving Commitment Amount as reduced on such date.

• On each date on which the Aggregate Revolving Commitment Amount is reduced pursuant to Section 6.1.1 or 6.1.2, the Company shall prepay Revolving Loans in the amount necessary (if any) so that the Aggregate Revolving Outstandings will not exceed the Aggregate Revolving Commitment Amount as reduced on such date.

• Notwithstanding any other provision of this Agreement, (a) the Aggregate Revolving Outstandings shall not at any time exceed the Aggregate Revolving Commitment Amount and (b) the Stated Amount of all Letters of Credit shall not at any time exceed $10,000,000.

More Definitions of Aggregate Revolving Outstandings

Aggregate Revolving Outstandings shall have the meaning provided in Section 5.2(b).

Aggregate Revolving Outstandings as at any date of determination with respect to any Lender, an amount in U.S. Dollars equal to the sum of (a) the aggregate outstanding principal amount of Revolving Credit Loans of such Lender and (b) the U.S. Dollar Equivalent of the Aggregate Multicurrency Outstandings of such Lender.

Aggregate Revolving Outstandings. As of any date, the sum of the Revolving Outstandings of all Banks on such date.

Aggregate Revolving Outstandings means at any time the sum of (a) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Loans and Swing Line Loans and (b) the Stated Amount of all Letters of Credit. Agreement - see the Preamble.

Aggregate Revolving Outstandings as at any date of determination with respect to any Revolving Lender, an amount equal to the sum of () the aggregate unpaid principal amount of such Lender's Dollar Revolving Loans on such date, () such Lender's Revolving Percentage of the aggregate unpaid principal amount of all L/C Obligations on such date and (c) such Lender's Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

Aggregate Revolving Outstandings means, at any time, the sum of (i) the aggregate principal amount of all Loans outstanding at such time PLUS (ii) the aggregate amount of all Letter of Credit Liabilities outstanding at such time. AGREEMENT - is defined in the PREAMBLE. ALTERNATE BASE RATE - shall mean:

Aggregate Revolving Outstandings means, on any date, the sum of (i) the U.S. Revolving Outstandings plus (ii) the U.S. Dollar Amount of the Canadian Revolving Outstandings, in each case determined based upon the Exchange Rates as in effect on the most recent Reset Date.