Domestic Revolving Exposure definition

Domestic Revolving Exposure with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Domestic Revolving Loans and its LC Exposure and Swingline Exposure at such time.
Domestic Revolving Exposure means, with respect to any Domestic Lender at any time, the sum of the outstanding principal amount of such Domestic Lender’s Domestic Revolving Loans and its LC Exposure and Swingline Exposure at such time.
Domestic Revolving Exposure means, with respect to any Domestic Revolving Lender at any time, the sum of the outstanding principal amount of such Domestic Revolving Lender’s Domestic Revolving Loans and its Domestic LC Exposure plus an amount equal to its Applicable Percentage of the aggregate principal amount of Domestic Swingline Loans outstanding at such time, plus an amount equal to its Applicable Percentage of the aggregate principal amount of Domestic Overadvances outstanding at such time, plus an amount equal to its Applicable Percentage of the aggregate principal amount of Domestic Protective Advances outstanding at such time.

Examples of Domestic Revolving Exposure in a sentence

  • The authority of the Agent to make Overadvances is limited to an aggregate amount not to exceed $5,000,000 at any time and no Overadvance shall cause any Lender's Domestic Revolving Exposure to exceed its aggregate Commitment, or the Aggregate Revolving Exposure to exceed the Aggregate Revolving Commitment; provided that, the Required Lenders may at any time revoke the Agent's authorization to make Overadvances.

  • The authority of the Agent to make Overadvances is limited to an aggregate amount not to exceed $5,000,000 at any time and no Overadvance shall cause any Lender’s Domestic Revolving Exposure to exceed its aggregate Commitment, or the Aggregate Revolving Exposure to exceed the Aggregate Revolving Commitment; provided that, the Required Lenders may at any time revoke the Agent’s authorization to make Overadvances.


More Definitions of Domestic Revolving Exposure

Domestic Revolving Exposure means the aggregate Outstanding Amount of the Domestic Revolving Loans of any Domestic Revolving Lender, plus such Domestic Revolving Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations plus such Domestic Revolving Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans.
Domestic Revolving Exposure means, as to any Domestic Lender at any time, the sum of (a) the aggregate principal amount of its Domestic Revolving Loans outstanding at such time, plus (b) an amount equal to its Pro Rata Share of any LC Obligations outstanding at such time, plus (c) an amount equal to its Pro Rata Share of the aggregate principal amount of Non- Ratable Loans, Protective Advances, and Overadvances outstanding at such time.
Domestic Revolving Exposure means, with respect to any Lender as of any date of determination, (i) prior to the termination of the Domestic Revolving Commitments, that Lender’s Domestic Revolving Commitment; and (ii) after the termination of the Domestic Revolving Commitments, the sum of (a) the aggregate outstanding principal amount of the Domestic Revolving Loans of that Lender, (b) in the case of Issuing Bank, the aggregate Letter of Credit Usage in respect of all Letters of Credit issued by that Lender (net of any participations by Lenders in such Letters of Credit) to the U.S. Borrower, (c) the aggregate amount of all participations by that Lender in any outstanding Letters of Credit or any unreimbursed drawing under any Letter of Credit issued to the U.S. Borrower, (d) in the case of Swing Line Lender, the aggregate outstanding principal amount of all Swing Line Loans (net of any participations therein by other Lenders) made to the U.S. Borrower, and (e) the aggregate amount of all participations therein by that Lender in any outstanding Swing Line Loans made to the U.S. Borrower.
Domestic Revolving Exposure means, with respect to any Domestic Revolving Lender at any time, the sum of the outstanding principal amount of such Domestic Revolving Lender’s Domestic Revolving Loans and its Domestic LC Exposure plus an amount equal to its Applicable Percentage of the aggregate principal amount of Domestic Swingline Loans outstanding at such time, plus an amount equal to its Applicable Percentage of the aggregate principal amount of Domestic Overadvances outstanding at such time, plus an amount equal to its Applicable Percentage of the aggregate principal amount of Domestic Protective Advances outstanding at such time. “Domestic Revolving Lender” means each Lender with a Domestic Revolving Commitment or, if the Domestic Revolving Commitments have terminated or expired, a Lender with Domestic Revolving Exposure. “Domestic Revolving Loans” means the Loans extended by the Domestic Revolving Lenders to the Company pursuant to Section 2.01(a). “Domestic Security Agreement” means, collectively, that certain Second Amended and Restated Security Agreement of even date herewith, among the Domestic Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent and the Lenders, as the same may be amended, restated or otherwise modified from time to time hereafter. “Domestic Standby LC Exposure” means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding standby Domestic Letters of Credit at such time plus (b) the aggregate amount of all Domestic LC Disbursements relating to standby Domestic Letters of Credit that have not yet been reimbursed by or on behalf of the Company at such time. The Domestic Standby LC Exposure of any Domestic Revolving Lender at any time shall be its Applicable Percentage of the total Domestic Standby LC Exposure at such time. “Domestic Subsidiary” means each direct or indirect Subsidiary of the Company that is organized under the laws of the United States of America or any state, protectorate or territory of the United States of America. “Domestic Swingline Lender” means JPMorgan Chase Bank, N.A., in its capacity as lender of Domestic Swingline Loans hereunder. “Domestic Swingline Loan” has the meaning assigned to such term in Section 2.05(a). “DSCR Availability Amount” means an amount at any time equal to the sum of (a) $35,000,000 plus (b) 17.5% of the aggregate increases of the Domestic Revolving Commitment effected as of such time pursuant to Section 2.09(d). “Effective Date” means the date on which the...
Domestic Revolving Exposure means, with respect to any Lender as of any date of determination, (i) prior to the termination of the Domestic Revolving Commitments, that Lender's Domestic Revolving Commitment; and (ii) after the termination of the Domestic Revolving Commitments, the sum of (a) the aggregate outstanding principal amount of the Domestic Revolving Loans of that Lender, (b) in the case of Issuing Bank, the aggregate Domestic Letter of Credit Usage in respect of all Domestic Letters of Credit issued by that Lender (net of any participations by Lenders in such Domestic Letters of Credit), (c) the aggregate amount of all participations by that Lender in any outstanding Domestic Letters of Credit or any unreimbursed drawing under any Domestic Letter of Credit, (d) in the case of Swing Line Lender, the aggregate outstanding principal amount of all Swing Line Loans (net of any participations therein by other Lenders), and (e) the aggregate amount of all participations therein by that Lender in any outstanding Swing Line Loans.
Domestic Revolving Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans (excluding Foreign Loans) and its LC Exposure and an amount equal to its Applicable Percentage of the aggregate principal amount of Swingline Loans at such time, plus an amount equal to its Applicable Percentage of the aggregate principal amount of Overadvances outstanding at such time.” “‘ExIm’ means the Export-Import Bank of the United States.” “‘ExIm Documents’ means collectively (a) that certain Master Guarantee Agreement No. TX-MGA-05-010 between Agent and ExIm, dated November 1, 2005, (b) that certain Borrower Agreement between Borrower, Agent and ExIm, dated August 22, 2007, (c) that certain Fast Track Loan Authorization Agreement between Borrower and Agent, dated August 22, 2007, and all other agreements and instruments executed in connection therewith, (d) that certain Supplement to the Borrower Agreement dated August 22, 2007 among Borrower, Agent and ExIm, (e) that certain Delegated Authority Letter Agreement effective as of December 31, 2005 between ExIm and Agent and
Domestic Revolving Exposure means, as to any Domestic Lender at any time, the sum of (a) the aggregate principal amount of its Domestic Revolving Loans (other than the Export-Import Loan) outstanding at such time, plus (b) an amount equal to its Pro Rata Share of any LC Obligations outstanding at such time, plus (c) an amount equal to its Pro Rata Share of the aggregate principal amount of Non-Ratable Loans, Protective Advances, and Overadvances outstanding at such time, plus, (d) if the Domestic Lender is a Non-Participating Lender, an amount equal to its Pro Rata Share of the aggregate principal amount of the Singapore Revolving Loans and the Protective Advances made by the Singapore Correspondent Lender, in each case, outstanding at such time; provided that, for purposes of determining Availability and Aggregate Revolving Exposure, subpart (d) above shall not be included in the calculation of Domestic Revolving Exposure.