Revolver Exposure definition

Revolver Exposure means, as to any Lender at any time, the aggregate principal amount at such time of its outstanding Revolver Loans (including its participation in Swingline Loans) and such Lender’s participation in LC Obligations at such time.
Revolver Exposure on any date, an amount equal to the sum of the (a) Revolver Loans outstanding on such date and (b) LC Obligations on such date.
Revolver Exposure means, with respect to any Revolver Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolver Loans and Letter of Credit Liabilities of such Lender.

Examples of Revolver Exposure in a sentence

  • In no event shall Overadvance Loans be required that would cause (i) the Canadian Revolver Exposure to exceed the aggregate Canadian Revolver Commitments or (ii) the U.S. Revolver Exposure to exceed the aggregate U.S. Revolver Commitments.

  • Notwithstanding anything to the contrary contained in this Section 2.1.1, in no event shall any Borrower be entitled to receive a Revolver Loan if, at the time of the proposed funding of such Loan (and after giving effect thereto and all pending requests for Loans), the Total Revolver Exposure exceeds (or would exceed) the lesser of the Maximum Facility Amount and the Revolver Commitments.

  • Batalla Vidal has not appealed USCIS’s revocation of his three-year employment authorization because there are no administrative avenues by which to seek relief.

  • Each Applicable Lender shall timely honor its Facility Commitment by funding its Pro Rata share of each Borrowing of Revolver Loans under such Facility Commitment that is properly requested hereunder; provided, however, that no Lender shall be required to honor its Facility Commitment by funding its Pro Rata share of any Borrowing that would cause the U.S. Revolver Exposure to exceed the U.S. Borrowing Base or the Canadian Revolver Exposure to exceed the Canadian Borrowing Base, as applicable.

  • Notwithstanding anything to the contrary contained in this Section 2.1.1, in no event shall any Borrower be entitled to receive a Revolver Loan if at the time of the proposed funding of such Loan (and after giving effect thereto and the application of the proceeds thereof and all pending requests for Loans), the Total Revolver Exposure exceeds (or would exceed) the lesser of the Maximum Facility Amount and the Commitments.


More Definitions of Revolver Exposure

Revolver Exposure as to any Bank at any date, an amount equal to the sum of (a) the aggregate amount of all Revolving Loans made by such Bank then outstanding, and (b) such Bank's Commitment Percentage of the Letter of Credit Obligations then outstanding.
Revolver Exposure with respect to any Lender with a Revolver Commitment at any time, the sum of (a) such Xxxxxx’s outstanding Revolver Loans and (b) such Xxxxxx’s participation interest in LC Obligations pursuant to Section 2.4.2(b) at such time.
Revolver Exposure means, the “Aggregate Revolving Exposure” as such term is defined in the Revolver Loan Agreement.
Revolver Exposure means, as to any Revolver Lender, such Revolver Lender’s US Revolver Exposure and Canadian Revolver Exposure.
Revolver Exposure means, with respect to each Revolver Bank and in respect of any Borrower, at any time, an amount equal to the sum of (i) the aggregate principal amount of the Revolving Loans of such Revolver Bank to such Borrower outstanding at such time and (ii) such Revolver Bank's LC Exposure at such time with respect to such Borrower.
Revolver Exposure. With respect to any Revolver Bank at any date of determination (a) prior to the termination of the Revolver Commitments, such Revolver Bank's Revolver Commitment, and (b) after the termination of the Revolver Commitments, the sum of (i) the aggregate principal amount of the US Revolver Loans and Norwegian Revolver Loans of such Revolver Bank plus (ii) the aggregate amount of such Revolver Bank's Letter of Credit Participations and Tender Guaranty Participations.
Revolver Exposure means, the “Aggregate Revolving Exposure” as such term is defined in the Revolver Loan Agreement. “Revolver Lender” means, any Person party to the Revolver Loan Agreement as a lender. 28