Initial Revolving Exposure definition

Initial Revolving Exposure means, with respect to any Initial Revolving Lender at any time, the outstanding principal amount of such Lender’s Initial Revolving Loans at such time.
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Initial Revolving Exposure means, with respect to any Initial Revolving Lender at any time, the sum of (a) the Dollar Equivalent of the outstanding principal amount of the Initial Revolving Loans of such Initial Revolving Lender attributable to its Initial Revolving Commitment, (b) the LC Exposure of such Initial Revolving Lender attributable to its Initial Revolving Commitment and (c) the Swingline Exposure of such Initial Revolving Lender attributable to its Initial Revolving Commitment, in each case at such time.
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Initial Revolving Exposure means, with respect to any Initial Revolving Lender at any time, the sum of the Dollar Equivalent of (a) the outstanding principal amount of such Lender’s Initial Revolving Loans and LC Exposure at such time, plus (b) an amount equal to its Applicable Percentage of the aggregate principal amount of Swingline Loans outstanding at such time, plus (c) an amount equal to its Applicable Percentage of the aggregate principal amount of Protective Advances outstanding at such time, plus (d) an amount equal to its Applicable Percentage of the aggregate principal amount of Overadvances outstanding at such time.
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Examples of Initial Revolving Exposure in a sentence

  • Subject to the terms and conditions set forth herein, each Initial Revolving Lender severally agrees to make Initial Revolving Loans to the Revolving Borrowers from time to time during the Revolving Availability Period, in an aggregate principal amount that will not result in such Initial Revolving Lender’s Initial Revolving Exposure exceeding such Initial Revolving Lender’s Initial Revolving Commitment or the Aggregate Initial Revolving Exposure exceeding the Aggregate Initial Revolving Commitment.


More Definitions of Initial Revolving Exposure

Initial Revolving Exposure means, at any time, with respect to any Initial Revolving Credit Lender, the sum of (a) the Outstanding Amount of the Initial Revolving Credit Loans of such Lender at such time, (b) the L/C Exposure of such Lender at such time and (c) such Lender’s (including the Swingline Lender’s) Applicable Percentage of the Outstanding Amount of all Swingline Loans at such time.
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Initial Revolving Exposure means, with respect to any Lender at any time, the sum of (a) the aggregate outstanding principal amount at such time of such Xxxxxx’s Initial Revolving Loans and (b) the amount of such Xxxxxx’s LC Exposure and Swingline Exposure at such time, in each case, attributable to its Initial Revolving Commitment. ​
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Related to Initial Revolving Exposure

  • Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposure of all the Lenders at such time.

  • Revolving Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time.

  • Total Revolving Credit Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • L/C Exposure at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time, and (b) the aggregate amount of all L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time. The L/C Exposure of any L/C Lender at any time shall equal its L/C Percentage of the aggregate L/C Exposure at such time.

  • 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.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).