Exposure Percentage definition

Exposure Percentage means as of any date and with respect to the ------------------- Swing Line Lender or any Bank, as the case may be, a fraction the numerator of which is the Exposures on such date of the Swing Line Lender or such Bank, as applicable, and the denominator of which is the aggregate Exposures on such date of the Swing Line Lender and all Banks.

Exposure Percentage means 1.00 per cent.

Exposure Percentage means with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender's Exposure at such time to the Exposure of all Lenders at such time.

Examples of Exposure Percentage in a sentence

• Subject to the terms and conditions hereof, each Lender severally, and not jointly, agrees to make term loans (each, a “Loan”) in Dollars to the Borrower from time to time during the Commitment Period in an aggregate amount not exceeding the Commitment of such Lender, provided that, the aggregate amount of available Commitments to be borrowed from each Lender shall be reduced by reserves for an amount equal to such Lender’s Aggregate Exposure Percentage of the Carve-Out.

• Any such prepayment shall be accompanied by a notice to each Lender specifying the aggregate amount of such prepayment and such Lender’s Aggregate Exposure Percentage of such prepayment.

• The Borrower agrees to pay to the Administrative Agent for the account of each Lender (on a pro rata basis based on each such Lender’s respective Aggregate Exposure Percentage) a closing fee on the Closing Date of $180,000.

• Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from such Issuing Lender a risk participation in such Letter of Credit in an amount equal to the product of such Lender’s Aggregate Exposure Percentage times the amount of such Letter of Credit.

• In addition, the Parent Guarantor shall issue to the Lenders (in accordance with their Aggregate Exposure Percentage) Additional Warrants on the final Interest Payment Date (whether at the stated maturity or otherwise) if the Borrower has made a PIK Election with respect to more than 50% of the aggregate amount of accrued interest payable on the Loans up to such final Interest Payment Date.

More Definitions of Exposure Percentage

Exposure Percentage means with respect to any Securities, the percentage referred to as the “Exposure Percentage” and set forth opposite such type of Security. The current up to date list of Exposure Percentages is subject to change, without notice, in our absolute discretion.

Exposure Percentage means, with respect to any Senior Noteholder or Bank at any particular time, the result of dividing (i) the sum of the aggregate principal amount of all Senior Obligations then outstanding and held by such Senior Noteholder or Bank plus accrued interest then due and payable in respect of such aggregate principal amount by (ii) the sum of the aggregate principal amount of all Senior Obligations then outstanding plus all accrued interest then due and payable in respect thereof as aforesaid.

Exposure Percentage means, with respect to any Purchaser Group or any Purchaser therein, a fraction, expressed as a percentage, (a) the numerator of which is such Purchaser Group’s Exposure, and (b) the denominator of which is the aggregate Exposure of all Purchaser Groups.

Exposure Percentage with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Exposure at such time to the aggregate Exposure of all Lenders at such time.

Exposure Percentage means, with respect to any Purchaser at any time, the percentage obtained by dividing (a) the greater of (i) such Purchaser’s Commitment at such time and (ii) the sum of such Purchaser’s Capital at such time, plus such Purchaser’s Commitment Percentage of the LC Participation Amount at such time, by (b) the sum of the amounts determined pursuant to clause (a) above for all Purchasers at such time.

Exposure Percentage means either the Interim Exposure Percentage or the Final Exposure Percentage as in effect at the time of determination.

Exposure Percentage means with respect to any Asset, the percentage referred to as the "Exposure Percentage" and set forth opposite such type of Asset in the Exposure Percentage table in Schedule 5. The current up to date list of Exposure Percentages is subject to change, without notice, in our absolute discretion.