Incremental Loan Exposure definition

Incremental Loan Exposure means, with respect to any Incremental Lender of any Series at any time, the sum of the outstanding principal amount of such Lender’s Incremental Loans of such Series at such time.
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Incremental Loan Exposure means, with respect to any Lender on any date of determination, the percentage equal to the amount of such Lender’s Incremental Loan Outstandings on such date divided by the aggregate Incremental Loan Outstandings of all Lenders on such date.
Sample 1

Examples of Incremental Loan Exposure in a sentence

  • On each Monthly Date or Revolving Discretionary Request Date (as defined below), on each date that a Borrower shall request a Borrowing or the issuance, amendment, renewal or extension of a Revolving Letter of Credit and, in addition, promptly upon the receipt by the Administrative Agent of a Currency Valuation Notice (as defined below), the Administrative Agent shall determine the aggregate Revolving Credit Exposure and Incremental Loan Exposure of each Series.

Related to Incremental Loan Exposure

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Loan Commitment has the meaning set forth in Section 2.1.