Committed Credit Exposure definition

Committed Credit Exposure means, with respect to any Lender at any time, the sum of (a) the aggregate principal amount at such time of all outstanding Standby Loans of such Lender denominated in Dollars, plus (b) the Assigned Dollar Value at such time of the aggregate principal amount at such time of all outstanding Standby Loans of such Lender that are Alternative Currency Loans.

Committed Credit Exposure with respect to any Lender at any time, the sum at such time of (a) the outstanding principal balance of such Lender’s Revolving Credit Loans, (b) the Swing Line Exposure of such Lender and (c) the Letter of Credit Exposure of such Lender.

Committed Credit Exposure means, as to any Lender at any time, the aggregate principal amount of its (i) Revolving Loans, (ii) LC Exposure and (iii) Swingline Exposure outstanding at such time.

Examples of Committed Credit Exposure in a sentence

• During the Revolving Credit Period each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans in one or more Agreement Currencies to the Borrower pursuant to this Section from time to time in amounts such that the Committed Credit Exposure of such Bank shall not exceed the amount of its Commitment.

• The Borrower agrees to pay on the Effective Date to the Administrative Agent, for the account of each Lender that executes and delivers this Amendment at or prior to 3:00 p.m., EST, on December 16, 2008, an amendment fee (the “Amendment Fee”) in an amount equal to .50% of the sum of such Lender’s unused Commitment and Committed Credit Exposure on such date.

• During the Revolving Credit Period each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans in one or more Agreement Currencies to the Borrowers pursuant to this Section from time to time in amounts such that the Committed Credit Exposure of such Bank shall not exceed the amount of its Commitment.

• Consideration and action to approve the minutes from the August 25, 2009 Special Board of Aldermen Meeting.

• Under no circumstances whatsoever will the Borrower request a letter of credit under the Five-Year Credit Agreement at any time that the sum under this Agreement of (x) the aggregate principal amount of all outstanding Bid Loans made by all Lenders plus (y) the Aggregate Committed Credit Exposure is less than the Aggregate Commitments hereunder.

More Definitions of Committed Credit Exposure

Committed Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Committed Loans and its LC Exposure at such time.

Committed Credit Exposure means, with respect to any Lender at any time, the Credit Exposure of such Lender at such time less the aggregate outstanding principal balance at such time of its Money Market Loans (determined on the basis of the Dollar Equivalent for each outstanding Alternate Currency Loan).

Committed Credit Exposure means, with respect to any Lender at any time, the sum of (a) the aggregate principal amount at such time of all outstanding Standby Loans of such Lender denominated in Dollars, plus

Committed Credit Exposure with respect to any Lender at any time, the sum at such time of the outstanding principal balance of such Lender's Revolving Credit Loans.

Committed Credit Exposure with respect to any Lender at any time, the sum of the outstanding principal balance of such Lender’s Revolving Credit Loans at such time.

Committed Credit Exposure means, with respect to any Lender at any time, the sum of (a) the aggregate amount of such Lender's Standby Loan Exposure at such time, plus (b) the aggregate amount of such Lender's Swingline Loan Exposure at such time.

Committed Credit Exposure with respect to any Lender at any time, the sum at such time of (a) the outstanding principal balance of such Lender's Revolving Credit Loans, (b) the Swing Line exposure of such Lender and (c) the Letter of Credit Exposure of such Lender.