Revolving B Exposure definition

Revolving B Exposure means the aggregate Outstanding Amount of the Revolving B Loans of any Revolving B Lender.
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Revolving B Exposure means, with respect to any Revolving B Lender at any time, the sum of the Outstanding Amount of such Revolving B Lender’s Revolving B Loans and its Tranche B LC Exposure at such time.
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Revolving B Exposure of any Lender at any time, means the outstanding principal amount of all Revolving B Loans owing to such Lender, plus any participations in Swing Loans purchased by such Lender hereunder to the extent such Swing Loans may be refinanced with Revolving B Loans pursuant to Section 2.3. With respect to any determination of “Revolving B Exposure” required by Sections 2.1 or 2.3, “Revolving B Exposure” shall be calculated without giving effect to any prepayment of the Revolving B Loans pursuant to Section 2.7.
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Examples of Revolving B Exposure in a sentence

  • On any date on which the aggregate Revolving B Exposure exceeds the aggregate Commitments B, the Borrowers shall pay to the Administrative Agent an amount equal to such excess, allocated first to any Working Capital Loans outstanding under the Commitments B until paid in full, and then to any outstanding Revolving B Loans.

  • On any date on which the aggregate Revolving B Exposure exceeds the aggregate Commitments B, the Borrowers shall pay to the Administrative Agent an amount equal to such excess, allocated first to any Working Capital Loans outstanding under the Commitments B until paid in full, second to any outstanding Swing Loans (to the extent that such Swing Loans would be refinanced with Revolving B Loans pursuant to Section 2.3(a) if refinanced on such date) and then to any outstanding Revolving B Loans.

  • On the effective date of such Permitted Conversion, the Revolving B Credit Commitments and outstanding Revolving B Exposure (including any outstanding Revolving B Loans) of the Converting Lender shall, without the need for any further action, be converted into Revolving C Credit Commitments and Revolving C Exposure, and shall, from and after such date, be entitled to Commitment Fees, interest and L/C Participation Fees calculated at the Applicable Percentages for Revolving C Credit Commitments.

  • At any time prior to the Revolving B Maturity Date, any Revolving B Lender (a “Converting Lender”) may, by written notice to the Borrower and Administrative Agent, convert all of its Revolving B Credit Commitments and outstanding Revolving B Exposure (if any) into Revolving C Credit Commitments and Revolving C Exposure, respectively (a “Permitted Conversion”) pursuant to procedures specified by the Administrative Agent.

  • On the effective date of such Permitted Conversion, the Revolving A Credit Commitments and outstanding Revolving A Exposure (including any outstanding Revolving A Loans) of the Converting Lender shall, without the need for any further action, be converted into Revolving B Commitments and Revolving B Exposure, and shall, from and after such date, be entitled to Commitment Fees, interest and L/C Participation Fees calculated at the Applicable Percentages for Revolving B Credit Commitments.

  • At any time prior to the Revolving A Maturity Date, any Revolving A Lender (a “Converting Lender”) may, by written notice to the Borrower and Administrative Agent, convert all of its Revolving A Credit Commitments and outstanding Revolving A Exposure (if any) into Revolving B Credit Commitments and Revolving B Exposure, respectively (a “Permitted Conversion”) pursuant to procedures specified by the Administrative Agent.


More Definitions of Revolving B Exposure

Revolving B Exposure means, as to any Lender at any time, the sum of such Lender’s U.S. Tranche Revolving B Exposure and such Lender’s Alternative Currency Tranche Revolving B Exposure.
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Revolving B Exposure of any Lender at any time, means the outstanding principal amount of all Revolving B Loans owing to such Lender.
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Revolving B Exposure means, with respect to any Revolving B Lender at any time, the sum of (a) the aggregate principal amount at such time of all its outstanding Revolving B Loans, (b) the aggregate amount at such time of its L/C Exposure attributable to the Revolving B Credit Commitments and (c) the aggregate amount at such time of its Swingline Exposure attributable to the Revolving B Credit Commitments.
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Revolving B Exposure means, with respect to any Lender as of any date of determination, (a) prior to the termination of the Revolving B Commitments, that Lender’s Revolving B Commitment; and (b) after the termination of the Revolving B Commitments, the aggregate outstanding principal amount of the Revolving B Loans of that Lender.
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Revolving B Exposure means, with respect to any Lender as of any date of determination, (i) prior to the termination of the Revolving B Commitments, that Lender’s Revolving B Commitment; and (ii) after the termination of the Revolving B Commitments, the the aggregate outstanding principal amount of the Revolving B Loans of that Lender.
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Revolving B Exposure means the aggregate Outstanding Amount of the Revolving B Loans of any Revolving B Lender. “Revolving B Lender” means, at any time, (a) so long as any Revolving B Commitment is in effect, any Lender that has a
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Related to Revolving B Exposure

  • 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 Exposure means, with respect to any Lender at any time, the aggregate principal amount at such time of all outstanding Revolving Loans of such Lender, plus the aggregate amount at such time of such Lender’s LC Exposure.

  • Total Revolving Credit Exposure means, at any time, the sum of (a) the outstanding principal amount of the Revolving Loans and Swingline Loans at such time and (b) the total LC Exposure at such time.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • L/C Exposure at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time, and (b) the aggregate amount of all L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time. The L/C Exposure of any L/C Lender at any time shall equal its L/C Percentage of the aggregate L/C Exposure at such time.

  • Revolving Multicurrency Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Multicurrency Commitments.

  • Swingline Exposure means, at any time, the aggregate principal amount of all Swingline Loans outstanding at such time. The Swingline Exposure of any Lender at any time shall be its Applicable Percentage of the total Swingline Exposure at such time.

  • Dollar LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Dollar Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Dollar LC Exposure of any Lender at any time shall be its Applicable Dollar Percentage of the total Dollar LC Exposure at such time.

  • Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender's Loans at such time.

  • Multicurrency LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Multicurrency Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Multicurrency LC Exposure of any Lender at any time shall be its Applicable Multicurrency Percentage of the total Multicurrency LC Exposure at such time.

  • Total Credit Exposure means, as to any Lender at any time, the unused Commitments, Revolving Credit Exposure and outstanding Term Loans of such Lender at such time.