Combined Outstandings definition

Combined Outstandings means the US Total Outstandings plus the Dollar Equivalent of the Canadian Total Outstandings.
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Combined Outstandings means the aggregate of all Canadian Credit Outstandings and all U.S. Credit Outstandings.
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Combined Outstandings means, as of any time, the aggregate principal amount of Primary Credit Agreement Loans outstanding plus the Total Outstandings.
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Examples of Combined Outstandings in a sentence

  • The Company may, upon not less than three Business Days' prior notice to the Administrative Agent, terminate the Commitments, or permanently reduce the Combined Commitments to an amount not less than the Combined Outstandings.

  • Subject to the terms and conditions of this Agreement, the Swing Line Lender agrees to make loans to the Company on a revolving basis (each such loan, a "Swing Line Loan" from time to time on any Business Day during the period from the Effective Date to the Termination Date in an aggregate principal amount at any one time outstanding not to exceed $50,000,000; provided that after giving effect to any proposed Swing Line Loan, the Combined Outstandings shall not exceed the Combined Commitments.

  • The Canadian Lender and the other Banks (“U.S. Lenders”) have agreed that they shall rank pari passu with one another in respect of certain payments or recoveries and that certain matters related to the administration of the Credit Agreement shall be made on the basis of their Combined Outstandings (hereinafter defined).

  • If any collateral or security shall be taken in respect of any of the Combined Outstandings (other than collateral rights in deposit accounts and other similar liquid assets held by any Bank in the normal course of business), the rights of the Banks with regard to such collateral shall be exercised through the Agent.

  • It is the intention of the Banks that, following the Reference Date, they shall share in any Reallocable Payments received following the Reference Date pro rata to their respective proportions of the Combined Outstandings.

  • Subject to Section 9.11 of this Agreement, (a) in no event may (i) the Facility Outstandings exceed (ii) the Total Facility and (b) in no event may (i) the Combined Outstandings exceed (ii) the Combined Facility.


More Definitions of Combined Outstandings

Combined Outstandings means at any time the aggregate of the Individual Outstandings of the Borrowers at such time.
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Combined Outstandings means, at any one time, the aggregate Acquisition Price of all Mortgage Loans purchased hereunder and then owned by MBF (or released by MBF in exchange for a Mortgage Security then owned by MBF).
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Combined Outstandings means the aggregate principal amount of all outstanding Loans (whether Committed Loans, Bid Loans or Swing Line Loans. Commitment - see Section 2.1.
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Combined Outstandings means, on any date, an amount equal to the sum of (i) the US Dollar Equivalent of the Facility Outstandings on such date plus (ii) the “Facility Outstandings” (under, and as defined in, the US Credit Agreement) on such date.
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Combined Outstandings has the meaning set forth in the Schedule.
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Combined Outstandings has the meaning set forth in the Schedule.
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Related to Combined Outstandings

  • Total Outstandings means the aggregate Outstanding Amount of all Loans and all L/C Obligations.

  • Total Revolving Credit Exposure means, the sum of the outstanding principal amount of all Lenders’ Revolving Loans, their LC Exposure and their 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.

  • Total Credit Exposure means, as to any Lender at any time, the unused Commitments and Revolving Credit Exposure of such Lender at such time.

  • Outstanding Credit Exposure means, as to any Bank at any time, the sum of (i) the aggregate principal amount of its Loans outstanding at such time, plus (ii) an amount equal to its Pro Rata Share of the LC Obligations at such time.