Credit Exposure definition

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

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Credit Exposure means, as to any Lender at any time, the sum of (a) such Lender’s Revolving Credit Exposure at such time, plus (b) an amount equal to the aggregate principal amount of its Term Loans outstanding at such time.

Credit Exposure means, as to any Lender at any time, the sum of (a) such Lender’s Revolving Exposure at such time, plus (b) an amount equal to its Applicable Percentage, if any, of the aggregate principal amount of Protective Advances outstanding at such time.

Examples of Credit Exposure in a sentence

• All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment.

• On each Quarterly Date and, in addition, promptly upon the receipt by the Administrative Agent of a Currency Valuation Notice (as defined below), the Administrative Agent shall determine the aggregate Revolving Multicurrency Credit Exposure.

• Subject to the terms and conditions set forth herein, each Lender agrees, severally and not jointly, to make Revolving Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in such ▇▇▇▇▇▇’s Revolving Credit Exposure exceeding such ▇▇▇▇▇▇’s Revolving Commitment.

• Subject to the terms and conditions set forth herein, each Lender (severally and not jointly) agrees to make Loans to the Borrower on the Effective Date in Dollars in the amount of such L▇▇▇▇▇’s Commitment; provided, that such Loans will not result in (a) the amount of such L▇▇▇▇▇’s Credit Exposure exceeding such L▇▇▇▇▇’s Commitment or (b) the Total Credit Exposure exceeding the Aggregate Commitments.

• All or any part of such Defaulting Lender’s participation in L/C Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment.

More Definitions of Credit Exposure

Credit Exposure means, with respect to any Lender at any time, (i) the amount of its Commitment (whether used or unused) at such time or (ii) if its Commitment has terminated, the aggregate outstanding principal amount of its Loans at such time.

Credit Exposure has the meaning set forth in the definition of “Required Lenders” below.

Credit Exposure means, at any time, any portion of the Revolving Loan Commitment and of any other Obligations that remains outstanding; provided, however, that no Credit Exposure shall be deemed to exist solely due to the existence of contingent indemnification liability, absent the assertion of a claim, or the known existence of a claim reasonably likely to be asserted, with respect thereto.

Credit Exposure means, as to any Lender at any time, such Lender’s Revolving Exposure at such time.

Credit Exposure has the meaning assigned to that term in Section 12.8(b).

Credit Exposure means, as to any Lender at any time, such ▇▇▇▇▇▇’s Revolving Exposure at such time (if any) plus, the aggregate then unpaid principal of such ▇▇▇▇▇▇’s FILO Term Loans at such time (if any).

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