Multicurrency Tranche Revolving Credit Exposure definition

Multicurrency Tranche Revolving Credit Exposure means, with respect to any Multicurrency Tranche Lender at any time, and without duplication, the sum of the outstanding principal amount of such Multicurrency Tranche Lender’s Multicurrency Tranche Revolving Loans and its Multicurrency Tranche LC Exposure at such time.
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Multicurrency Tranche Revolving Credit Exposure means, as to any Multicurrency Tranche Revolving Credit Lender at any time, the aggregate principal amount at such time of its outstanding Multicurrency Tranche Revolving Credit Loans and such Multicurrency Tranche Revolving Credit Lender’s participation in Letter of Credit Liabilities at such time.
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Multicurrency Tranche Revolving Credit Exposure means, at any time, the sum of (a) the US Dollar Equivalents of the Multicurrency Tranche Revolving Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) the Multicurrency Tranche Share of the LC Exposure at such time. The Multicurrency Tranche Revolving Credit Exposure of any Lender at any time shall be such Lender’s Multicurrency Tranche Percentage of the total Multicurrency Tranche Revolving Credit Exposure at such time, adjusted to give effect to any reallocation under Section 2.23(c) of the Multicurrency Tranche Revolving Credit Exposures of Defaulting Lenders in effect at such time.
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Examples of Multicurrency Tranche Revolving Credit Exposure in a sentence

  • If the Borrowers fail to make such payment when due, such amount shall bear interest at the Alternate Base Rate and the Administrative Agent shall notify each Multicurrency Tranche Lender of the applicable LC Disbursement, the payment then due from the Borrowers in respect thereof and such Multicurrency Tranche Lender’s Multicurrency Tranche Revolving Credit Exposure Percentage thereof.


More Definitions of Multicurrency Tranche Revolving Credit Exposure

Multicurrency Tranche Revolving Credit Exposure means, at any time, the sum of (a) the US Dollar Equivalents of the Multicurrency Tranche Revolving Loans outstanding at such time, (b) the Multicurrency Tranche Share of the US Swingline Exposure at such time, (c) the European Swingline Exposure at such time and (d) the Multicurrency Tranche Share of the LC Exposure at such time. The Multicurrency Tranche Revolving Credit Exposure of any Lender at any time shall be such Lender’s Multicurrency Tranche Percentage of the total Multicurrency Tranche Revolving Credit Exposure at such time.
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Multicurrency Tranche Revolving Credit Exposure at any time, with respect to any Lender, the sum of such Lender’s Multicurrency Tranche Revolving Credit Loans, participations in Agent Advances and its LC Exposure in respect of Multicurrency Tranche Revolving Credit Loans at such time.
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Multicurrency Tranche Revolving Credit Exposure means, as to any Multicurrency Tranche Revolving Lender at any time, the aggregate
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Multicurrency Tranche Revolving Credit Exposure means a 2016 Multicurrency Tranche Revolving Credit Exposure or a 2018 Multicurrency Tranche Revolving Credit Exposure, as the context may require, and “Multicurrency Tranche Revolving Credit Exposure” means, collectively, the 2016 Multicurrency Tranche Revolving Credit Exposure and the 2018 Multicurrency Tranche Revolving Credit Exposure.
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Related to Multicurrency Tranche Revolving Credit Exposure

  • Revolving Credit 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, at any time, the sum of (a) the outstanding principal amount of the Revolving Loans and Swingline Loans at such time and (b) the total LC Exposure at such time.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) the Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Revolving Facility Lender at any time shall be the sum of (a) the aggregate principal amount of such Revolving Facility Lender’s Revolving Facility Loans outstanding at such time and (b) such Revolving Facility Lender’s Revolving Facility Percentage of the Swingline Exposure and Revolving L/C Exposure at such time.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving L/C Exposure of any Class shall mean at any time the sum of (a) the aggregate undrawn amount of all Letters of Credit applicable to such Class outstanding at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof) and (b) the aggregate principal amount of all L/C Disbursements applicable to such Class that have not yet been reimbursed at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof). The Revolving L/C Exposure of any Class of any Revolving Facility Lender at any time shall mean its applicable Revolving Facility Percentage of the aggregate Revolving L/C Exposure applicable to such Class at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the International Standard Practices, International Chamber of Commerce No. 590, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of Credit that, by its terms or the terms of any document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • Revolving Credit Loans as defined in Section 2.1.