Revolver Usage definition

Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.

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Revolver Usage means, as of any date of determination, the amount of outstanding Advances.

Revolver Usage means, as of any date of determination, the amount of outstanding Revolving Loans (inclusive of Extraordinary Advances and Swingline Advances).

Examples of Revolver Usage in a sentence

In no event shall US Lenders have any obligation to honor a request for a US Revolver Loan if US Revolver Usage at such time plus the requested US Revolver Loan would exceed the US Line Cap.
UK Availability: the Dollar Equivalent of the UK Line Cap minus UK Revolver Usage.
In no event shall US Revolver Loans be required that would cause US Revolver Usage to exceed the aggregate US Revolver Commitments.
In no event shall UK Lenders have any obligation to honor a request for a UK Revolver Loan if (a) UK Revolver Usage at such time plus the requested UK Revolver Loan would exceed the UK Line Cap or (b) the sum of the UK Revolver Usage at such time plus the requested UK Revolver #530954217_v1 Loan plus the US Revolver Usage at such time would exceed the aggregate Revolver Commitments.
In no event shall UK Revolver Loans be required that would cause UK Revolver Usage to exceed the aggregate UK Revolver Commitments.

More Definitions of Revolver Usage

Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Revolving Loans (inclusive of Protective Advances), plus (b) the amount of the Letter of Credit Usage.

Revolver Usage means, as of any date of determination, the then extant amount of outstanding Advances.

Revolver Usage means, with respect to any day, the ratio (expressed as a percentage) of (a) the sum of (i) the Outstanding Amount of Revolving Credit Loans on such day and (ii) the Outstanding Amount of L/C Obligations on such day to (b) the Revolving Credit Commitments in effect on such day. For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Revolving Credit Commitments for purposes of determining “Revolver Usage”.

Revolver Usage means the US Revolver Usage or the UK Revolver Usage, as the context requires.

Revolver Usage means, as of any date of determination, the sum of (a) the then extant amount of outstanding Advances, PLUS (b) the then extant amount of the Letter of Credit Usage.

Revolver Usage the aggregate amount of outstanding Revolver Loans plus the aggregate amount of the Letter of Credit Liabilities.

Revolver Usage the aggregate amount of outstanding Revolver Loans, plus the aggregate Stated Amount of outstanding Letters of Credit. Royalties: all royalties, fees, expense reimbursement and other amounts payable by Borrower under a License.