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.
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.
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.
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, 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.
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 Lender’s Initial Revolving Loans and (b) the amount of such Lender’s LC Exposure and Swingline Exposure at such time, in each case, attributable to its Initial Revolving Commitment.
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 ▇▇▇▇▇▇’s Initial Revolving Loans and (b) the amount of such ▇▇▇▇▇▇’s LC Exposure and Swingline Exposure at such time, in each case, attributable to its Initial Revolving Commitment.