Outstanding Credit Amount definition

Outstanding Credit Amount means, with respect to any Lender at any time, the sum of (i) the Outstanding Tranche A Amount of such Lender and (ii) the Outstanding Tranche B Amount of such Lender.
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Outstanding Credit Amount means the balance of outstanding travel credits that has accrued, in accordance with the commercial terms and conditions relating to the refund policies of the Company Entities that have been previously disclosed to Purchaser, as such balance is set forth on the consolidated balance sheet of the Company and its Subsidiaries from time to time.
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Outstanding Credit Amount. Has the meaning set forth in Section 2.01 of this Agreement.
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Examples of Outstanding Credit Amount in a sentence

  • If at any time the Outstanding Credit Amount exceeds the Borrowing Base then in effect, the Borrower shall, not later than the next Business Day, repay the Line of Credit in the amount of such excess.

  • You acknowledge and agree that to the extent that Faire does this, you shall be liable to Faire in the same amount and to the same extent as you were liable to the Discharged Creditor and you shall indemnify Faire against any costs, detriment, damage or losses which it suffers as a consequence of your non-payment of any part of the Outstanding Credit Amount or other amount owing under these Terms when due.

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  • Within thirty (30) days following the date of each measurement of the Outstanding Credit Amount Measurement, Purchaser shall notify Seller of its determination as to whether or not the Contingent Consideration is payable in accordance with Section 3.6(a).

  • In the event that Purchaser and Seller are unable to resolve all such disagreements within 20 days after Purchaser’s receipt of such notice, Purchaser and Seller shall submit such disagreement to RSM US LLP, or any other nationally recognized firm of certified public accountants as is mutually acceptable to Purchaser and Seller (the “Accounting Firm”) solely to determine whether the Outstanding Credit Amount Measurement as of the end of the Measurement Period has exceeded $138,000,000.

  • If Purchaser determines that the Contingent Consideration is not payable for any measurement of the Outstanding Credit Amount Measurement and Seller disagrees with Purchaser’s determination, Seller shall, within 30 days following the date of such notification from Purchaser, notify Purchaser in writing of such disagreement, which notice shall describe in reasonable detail the basis of such disagreement.

  • Following the Closing, Purchaser agrees to pay to Seller $69,000,000 (the “ Contingent Consideration”) in the event that the Outstanding Credit Amount Measurement, when measured in accordance with the immediately subsequent sentence, exceeds $138,000,000.

  • The Board of Directors of the Company may, without prior notice, amend or terminate this Incentive Bonus Program at any time.

  • Until the end of the Measurement Period, Purchaser shall deliver to Seller within 30 days after each six month anniversary of the Closing Date, a trend report describing the Outstanding Credit Amount Month End Averages (and the calculation thereof) since the Closing.


More Definitions of Outstanding Credit Amount

Outstanding Credit Amount means as of any time of determination, the sum of (a) the aggregate principal amount of the Loans then outstanding, plus (b) the amount of the LC Obligations then outstanding.
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Related to Outstanding Credit Amount

  • Outstanding Credit Exposure means, as to any Bank at any time, the sum of (i) the aggregate principal amount of its Loans outstanding at such time, plus (ii) an amount equal to its Pro Rata Share of the LC Obligations at such time.

  • Maximum Revolving Credit Amount means $85,000,000.00.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Outstanding Credits means, on any date of determination, the sum of (i) the aggregate principal amount of all Loans outstanding on such date plus (ii) the LC Outstandings on such date. The Outstanding Credits with respect to any Lender at any time shall be its Commitment Percentage of the total Outstanding Credits at such time.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Aggregate Revolving Credit Outstandings shall have the meaning provided in Section 5.2(b).

  • Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.

  • Aggregate Maximum Credit Amounts at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06.

  • Revolving Credit Aggregate Commitment means Seventy-Five Million Dollars ($75,000,000), subject to reduction or termination under Sections 2.11 or 9.2 hereof.

  • Total Revolving Credit Exposure means, at any time, the sum of the outstanding principal amount of all Lenders’ Revolving Loans, their LC Exposure and their Swingline Exposure at such time; provided, that clause (a) of the definition of Swingline Exposure shall only be applicable to the extent Lenders shall have funded their respective participations in the outstanding Swingline Loans.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • 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.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the date hereof is $250,000,000.

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Outstanding Dollar Principal Amount has the meaning specified in the Indenture.

  • Letter of Credit Amount the stated maximum amount available to be drawn under a particular Letter of Credit, as such amount may be reduced or reinstated from time to time in accordance with the terms of such Letter of Credit.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Aggregate Outstanding Principal Amount means the sum of the Outstanding Principal Amounts with respect to all Series of Notes.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

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

  • Total Revolving Credit Outstandings means the aggregate Outstanding Amount of all Revolving Credit Loans, Swing Line Loans and L/C Obligations.