Outstanding Borrowings definition

Outstanding Borrowings means all Indebtedness of the Company and its Subsidiaries for money borrowed that is outstanding at the relevant time of determination.

Outstanding Borrowings means all Indebtedness of the Company for borrowed money (including, without limitation, reimbursement and all other obligations with respect to surety bonds, letters of credit and bankers' acceptances, whether or not matured).

Outstanding Borrowings means, at any time, the aggregate principal amount of Advances outstanding on such day, after giving effect to all repayments of Advances and makings of new Advances on such day; provided that the Outstanding Borrowings shall be increased by the amount of any payment applied to reduce Outstanding Borrowings if at any time the distribution of such payment is rescinded or must otherwise be returned or restored for any reason.

Examples of Outstanding Borrowings in a sentence

• In addition, Outstanding Borrowings shall be repaid on each Payment Date in accordance with the Priority of Payments, and any amount so repaid may, subject to the terms and conditions hereof, be reborrowed hereunder during the Revolving Period.

• Interest on the Outstanding Borrowings shall be payable on each Payment Date in accordance with the Priority of Payments or as otherwise required pursuant to Section 2.3.

• The Outstanding Borrowings shall be due and payable on the Legal Final Maturity Date.

• On any day, any short-term promissory notes issued by any Conduit Lender with respect to financing any Advance hereunder that are allocated, in whole or in part, by such Conduit Lender to fund or maintain the Outstanding Borrowings.

• A test that is satisfied as of any Measurement Date if the Borrowing Base is at least equal to the Outstanding Borrowings.

More Definitions of Outstanding Borrowings

Outstanding Borrowings means the aggregate principal amount of all outstanding Borrowings advanced under the Credit Facilities.

Outstanding Borrowings means all Indebtedness of the Company and/or its Subsidiaries for borrowed money (including without limitation, reimbursement and all other obligations with respect to surety bonds, letters of credit and bankers' acceptances, whether or not matured), excluding obligations with respect to trade payables incurred in the ordinary course of business.

Outstanding Borrowings. On any date of determination, the aggregate principal amount of Advances outstanding on such day, after giving effect to all repayments of Advances and makings of new Advances on such day.

Outstanding Borrowings means, with respect to any Other Secured Loans, the sum, without duplication of, (a) the outstanding principal amount of all loans and other extensions of credit (including, without limitation, the aggregate undrawn amount, and all unreimbursed draws, under any issued and outstanding letters of credit) made to or for the account of the Co-Issuers under the Other Secured Loan Agreements, respectively, and (b) at any time that no Event of Default has occurred and is continuing, the aggregate amount of any unused and available commitments to make loans or other extensions of credit (including, without limitation, to issue letters of credit) to or for the account of the Co-Issuers under the Other Secured Loan Agreements, respectively.

Outstanding Borrowings means, at the time of determination, the outstanding principal amount of the Credit Facility.

Outstanding Borrowings means all Indebtedness of the Company and/or its Affiliates for borrowed money (including without limitation, reimbursement and all other obligations with respect to surety bonds, letters of credit and bankers' acceptances, whether or not matured), excluding obligations with respect to trade payables incurred in the ordinary course of business.

Outstanding Borrowings at any time, means the aggregate amount of then outstanding Advances and Protective Advances.