Outstanding Aggregate Loan Amount means, at any time, the aggregate principal amount of the Loans funded by the Lender, minus the aggregate amount of payments received by the Lender prior to such time and applied to reduce the principal amount of the Loans.
Outstanding Aggregate Loan Amount means, at any time, the aggregate of the Outstanding Lender Loan Amounts.
Outstanding Aggregate Loan Amount shall have the meaning assigned to such term in the Loan and Security Agreement. (c) The Purchase Agreement is hereby amended by adding the following as a new Section 27 in its proper numerical sequence: Section 27. Contractual Recognition of Bail-in. Seller acknowledges and agrees that notwithstanding any other term of this Purchase Agreement or any other agreement, arrangement or understanding with Purchaser, any of Purchaser’s liabilities, as the Bank of England (or any successor resolution authority) may determine, arising under or in connection with this Purchase Agreement may be subject to Bail-In Action and Seller accepts to be bound by the effect of: (a) Any Bail-In Action in relation to such liability, including (without limitations): (i) a reduction, in full or in part, of any amount due in respect of any such liability; (ii) a conversion of all, or part of, any such liability into shares or other instruments of ownership that may be issued to, or conferred on, Seller; and (iii) a cancellation of any such liability; and (b) a variation of any term of this Repurchase Agreement to the extent necessary to give effect to Bail-In Action in relation to any such liability. SECTION 2.
Examples of Outstanding Aggregate Loan Amount in a sentence
On the terms and subject to the conditions set forth in this Agreement, the Lender (i) shall make loans in an aggregate amount not to exceed the Commitment Amount, and (ii) in the event that the Outstanding Aggregate Loan Amount is equal to the Commitment Amount, may, in its sole discretion, make loans on an uncommitted basis in an aggregate amount not to exceed the Uncommitted Amount (each loan under the preceding subclauses (i) and (ii), a “Loan”) to the Borrower from time to time.
More Definitions of Outstanding Aggregate Loan Amount
Outstanding Aggregate Loan Amount means, at any time, the aggregate of the Outstanding Revolving Loan Amount and the Outstanding Aggregate Term Loan Amount. With respect to calculations of the Outstanding Aggregate Loan Amount done in connection with a requested funding of a Revolving Loan to repay the Term Loans, such calculation shall give effect to both the requested increase in the Outstanding Aggregate Revolving Loan Amount and the corresponding decrease in the Outstanding Aggregate Term Loan Amount.
Outstanding Aggregate Loan Amount shall have the meaning assigned to such term in the Loan and Security Agreement.
Outstanding Aggregate Loan Amount means, at any time, the aggregate principal amount of the Loans funded by Lender, minus the aggregate amount of payments received by Lender prior to such time and applied to reduce the principal amount of the Loans.