Outstanding Revolving Credit definition

Outstanding Revolving Credit means, with respect to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate then outstanding principal amount of such Revolving Lender’s Revolving Loans, and (b) such Revolving Lender’s LC Exposure.
Outstanding Revolving Credit means, at any time of determination, the sum ---------------------------- of (a) the aggregate amount of Revolving Loans then outstanding; plus (b) the aggregate amount of Letter of Credit Liabilities (or when calculated with respect to any Lender, such Lender's pro rata share of the Revolving Loans then outstanding and participation or other interest in such Letter of Credit Liabilities).
Outstanding Revolving Credit means, at any time, the sum of (a) the aggregate Letter of Credit Exposure on such date, including the aggregate Letter of Credit Exposure related to Letters of Credit to be issued on such date, plus (b) the aggregate outstanding principal balance of the Revolving Loans on such date, including the amount of any Borrowing to be made on such date.

Examples of Outstanding Revolving Credit in a sentence

  • No requested Revolving Credit Loan shall be made if the sum of the Aggregate Outstanding Revolving Credit Extensions of Credit (after giving effect to such requested Revolving Credit Loan) would exceed the then aggregate Revolving Credit Commitments.

  • Subject to Section 2.1(c) and the other terms and conditions set forth in this Agreement, each Bank severally agrees to lend to Borrower from time to time prior to the Termination Date amounts not to exceed in the aggregate at any one time outstanding, the amount of such Bank’s Commitment less such Bank’s Letter of Credit Exposure, to the extent any such Loan would not cause the Outstanding Revolving Credit to exceed the Total Commitment.

  • This resulted in a series of values at each nominal pointing position perpendicular to the slit axis (y ∈ [y1, y2, y3, .

  • If at any time the USD Amount of the sum of the Aggregate Outstanding Credit Exposure exceeds the Aggregate Commitments or the USD Amount of the Aggregate Outstanding Revolving Credit Exposure exceeds the Aggregate Revolving Credit Commitments, the Borrowers shall immediately repay Advances in an aggregate principal amount sufficient to eliminate any such excess.

  • If at any time for any reason the sum of the Outstanding Revolving Credit of all Lenders exceeds the Total Revolving Commitments, the Borrower shall upon learning thereof, or upon the request of the Administrative Agent, immediately prepay the Revolving Loans and Swing Line Loans in an aggregate principal amount at least equal to the amount of such excess.


More Definitions of Outstanding Revolving Credit

Outstanding Revolving Credit means, with respect to any Revolving Lender and any given Revolving Facility, at any time, an amount equal to the sum of (a) the aggregate then outstanding principal amount of such Revolving Lender’s Revolving Loans under such Revolving Facility, and (b) such Revolving Lender’s LC Exposure under such Revolving Facility.
Outstanding Revolving Credit means, at any time, the sum of (i) the aggregate Letter of Credit Exposure on such date, including the aggregate Letter of Credit Exposure related to Letters of Credit to be issued on such date, plus (ii) the aggregate outstanding principal balance of the Revolving Loans on such date, including the amount of any Borrowing to be made on such date.
Outstanding Revolving Credit means, at any time of determination, the sum of (a) the aggregate amount of Revolving Loans then outstanding, plus (b) the aggregate amount of Letter of Credit Liabilities (or when calculated with respect to a Revolving Bank, including the Agent as a Revolving Bank, such Revolving Bank's participation or other interest in such Letter of Credit Liabilities), plus (c) the aggregate amount of Swingline Loans (or when calculated with respect to a Revolving Bank, including the Agent as a Revolving Bank, such Revolving Bank's participation or other interest in such Swingline Loans) then outstanding.
Outstanding Revolving Credit means the sum, as of any date of determination, of (i) the aggregate outstanding principal amount of the Advances, and (ii) the LC Exposure.
Outstanding Revolving Credit means, at any particular time, the sum of (a) the aggregate outstanding principal amount of the Loans (including Swingline Advances), PLUS (b) all Letter of Credit Liabilities.
Outstanding Revolving Credit means, at any time of determination, the sum of (a) the aggregate amount of Revolving Loans then outstanding plus
Outstanding Revolving Credit means, with respect to any Revolving Lender and any given Revolving Facility, at any time, an amount equal to the sum of (a) the aggregate then outstanding principal amount of such Revolving Lender’s Revolving Loans under such Revolving Facility, and(b) such Revolving Lender’s LC Exposure under such Revolving Facility.