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 shall be reallocated among the Lenders that are Non-Defaulting Lenders in accordance with their respective Revolving Credit Commitment Percentages (calculated without regard to such Defaulting Lender’s Revolving Credit 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 Revolving Credit Commitment.

• On each Revaluation Date, the Administrative Agent shall determine the aggregate Revolving Multicurrency Credit Exposure.

• The Administrative Agent shall determine the Exchange Rate for any Foreign Currency as of each Revaluation Date to be used for calculating the Dollar Equivalent amounts of Loans, Letters of Credit and Revolving Credit Exposure denominated in such Foreign Currency.

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, the sum of (a) such ▇▇▇▇▇▇’s Revolving Exposure at such time plus (b) the aggregate principal amount of its Term A Loans (including outstanding Delayed Draw Term Loans) outstanding at such time plus (c) an amount equal to such Lender’s undrawn portion of the Delayed Draw Term Loan Commitment during the Delayed Draw Term Loan Availability Period..

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.