Credit Facility Exposure definition

Credit Facility Exposure means, for any Lender at any time, the sum of (i) such Lender’s Revolving Facility Exposure at such time, (ii) in the case of the Swing Line Lender, the principal amount of Swing Loans outstanding at such time, and (iii) the outstanding aggregate principal amount of the Term Loan made by such Lender, if any.

Credit Facility Exposure means, for any Lender at any time, the Dollar Equivalent of the sum of (i) such Lender’s Revolving Facility Exposure at such time, and (ii) in the case of the Swing Line Lender, the principal amount of Swing Loans outstanding at such time.

Credit Facility Exposure means the sum of (A) the aggregate outstanding amount of all Revolving Loans, plus (B) the aggregate amount of Letter of Credit Obligations.

Examples of Credit Facility Exposure in a sentence

• Agent shall rescind such notice and reinstate such Bxxxxxxx’s right to withdraw funds from the Collection Accounts if no Event of Default, Dominion Period is in effect (or, as applicable, Hypothetical Availability is greater than 5% of the Credit Facility Exposure) for a period of 60 consecutive days, to the extent not inconsistent with the Intercreditor Agreement.

• Borrowers agree to pay, on the 1st day of each month and on the Maturity Date, to Agent, for the account of Lenders, in accordance with their respective Pro Rata Shares, an unused line fee (the “Unused Line Fee”) at the rate of the applicable Unused Line Fee Percentage based on the result of (i) the Total Credit Facility minus (ii) the average daily Credit Facility Exposure during the immediately preceding month.

• Without Agent’s prior approval, Borrowers shall not make any Bulk Purchase, (i) during any period of time when Hypothetical Availability is less than or equal 15% of the Credit Facility Exposure or (ii) that, on a pro forma basis, after giving effect to the contemplated Bulk Purchase, would result in Hypothetical Availability being less than or equal to 15% of the Credit Facility Exposure.

More Definitions of Credit Facility Exposure

Credit Facility Exposure means, for any Lender at any time, the sum of (i) such Lender’s Revolving Facility Exposure at such time, and (ii) if such Lender is a Canadian Lender (whether directly or by its Canadian Lending Installation), such Canadian Lender’s Canadian Sub-Facility Exposure at such time.

Credit Facility Exposure means, for any Lender at any time, the outstanding aggregate principal amount of the Term Loan made by such Lender, if any.

Credit Facility Exposure means, for any Lender at any time, the Dollar Equivalent of the sum of

Credit Facility Exposure means, for any Lender at any time, the Dollar Equivalent of the sum of (i) such Lender’s Revolving Exposure at such time; (ii) in the case of the Swing Line Lender, (A) if the principal amount of Swing Loans outstanding at such time does not exceed the Funded Swing Loan Threshold, the principal amount of Swing Loans outstanding at such time and (B) if the principal amount of Swing Loans outstanding at such time exceeds the Funded Swing Loan Threshold, 50% of the principal amount of Swing Loans outstanding at such time; (iii) in the case of the Funded Swing Line Participant, if the principal amount of Swing Loans outstanding at such time exceeds the Funded Swing Loan Threshold, 50% of the principal amount of Swing Loans outstanding at such time; and (iv) if such Lender is a Canadian Lender (whether directly or through its Canadian Lending Installation), such Canadian Lender’s Canadian Facility Exposure at such time.

Credit Facility Exposure means, for any Lender at any time, the sum of (i) such Lender’s Revolving Facility Exposure at such time and (ii) in the case of the Swingline Lender, the principal amount of Swingline Loans outstanding at such time.

Credit Facility Exposure means at any time the sum of (i) the Revolving Facility Exposure at such time, and (ii) the outstanding aggregate principal amount of the Term Loan at such time.

Credit Facility Exposure means, for any Lender at any time, the outstanding aggregate principal amount of the Term Loan made by such Lender, if any. “Credit Party” means each U.S. Credit Party and each Non-U.S. EMEA Credit Party. “CRTC” means the Canadian Radio-television and Telecommunications Commission. “Debtor Relief Laws” means the Bankruptcy Code and any other federal, state, provincial, or foreign bankruptcy or insolvency law, each as now and hereinafter in effect, any successors to such statutes,