Facility Outstandings definition

Facility Outstandings at any time means the total of all Drawings made at that time, to the extent not reduced by repayments, prepayments or voluntary reductions.

Facility Outstandings means, at any time, the aggregate of all amounts of principal, accrued and unpaid interest and all and any other amounts due and payable to the Finance Parties under the Finance Documents including, without limitation, any claim for damages or restitution and any claim as a result of any recovery by an Obligor of a payment or discharge on the grounds of preference, and any amounts which would be included in any of the above but for any discharge, non-provability or unenforceability of those amounts in any insolvency or other proceedings;

Facility Outstandings means the total of all Drawings made at that time, to the extent not reduced by repayments, prepayments and voluntary reductions.

Examples of Facility Outstandings in a sentence

• Any Ancillary Facility Outstandings on the applicable Ancillary Facility Termination Date shall be repaid in full by the relevant Borrower on such date.

• The Borrower shall on the Termination Date repay to the Agent as agent for the Banks all Facility Outstandings.

• If at any time during the Facility Period the Facility Outstandings exceed the Maximum Facility Amount then available or if a proposed Drawing added to the Facility Outstandings would result in the Maximum Facility Amount being exceeded then the Borrower shall immediately pay to the Agent on behalf of the Banks such amounts as will ensure that the Facility Outstandings are equal to or less than the Maximum Facility Amount then available.

• If at any time the Facility Outstandings shall exceed the Maximum Facility Amount the Borrower shall immediately prepay to the Agent on behalf of the Banks such amounts as will ensure that the Facility Outstandings do not exceed the Maximum Facility Amount and shall pay to the Banks all interest accrued on the amount prepaid up to and including the date on which such prepayment occurred.

• Subject to the terms and conditions set forth herein (including each proviso hereto), each Lender severally agrees to make its portion of a term loan (the “Closing Date Term Loan”) in Dollars to the Borrower on the Closing Date in an aggregate amount not to exceed such Lender’s Closing Date Term Loan Commitment; provided, however, that after giving effect to the Borrowing of Closing Date Term Loans, the Total Facility Outstandings shall not exceed the Borrowing Base.

More Definitions of Facility Outstandings

Facility Outstandings means the aggregate of all amounts of principal and accrued and unpaid interest due and payable to the Lenders under the Finance Documents;

Facility Outstandings means, at any time, the aggregate of all amounts of loan principal, accrued interest, Break Costs, early settlement premia, fees and all other amounts outstanding in respect of the Facility under the Finance Documents (including, without limitation, any claim for direct damages or restitution, any claim as a result of any recovery by the Borrower or another person of a payment or discharge under the Finance Documents on the grounds of preference, and each amount which would be included in any of the above but for any discharge, non-provability or unenforceability of a claim in any insolvency or other proceedings);

Facility Outstandings means, on any day, the aggregate of all amounts (whether in respect of interest, capital or otherwise) then owing by the Borrower to Land Bank in terms of this Agreement;

Facility Outstandings means at any time, the aggregate of: (a) in relation to the Facilities, all amounts of loan principal, accrued interest, Break Costs, fees and all other amounts outstanding under the Finance Documents (including, without limitation, any claim as a result of any recovery by a Borrower or another person of a payment or discharge under the Finance Documents on the grounds of preference, and each amount which would be included in any of the above but for any discharge, non-provability or unenforceability of a claim in any insolvency or other proceedings); and (b) the Hedge Counterparty Outstandings.

Facility Outstandings means the aggregate of the Amount from time to time of the Loan.

Facility Outstandings means the Loan together with all interest and charges due thereon in accordance with the terms of this Agreement and all other sums due and payable by the Borrower to the Lender hereunder (including, without limitation, any fees, costs or expenses payable by the Borrower hereunder), which at any time and from time to time have not been prepaid, repaid or paid irrevocably, unconditionally and in full;

Facility Outstandings means, as of any date of determination, the sum of the following (i) outstanding Revolving Credit Loans, plus (ii) outstanding Swing Line Loans plus (iii) outstanding Reimbursement Obligations and Letter of Credit Borrowings.