Revolving Credit Facility Usage means, as of any date of determination, the sum of (a) the aggregate principal amount of funded Indebtedness then outstanding under the Notes plus (b) the Aggregate Effective Amount under all outstanding Letters of Credit plus (c) the Swing Line Outstandings.
Revolving Credit Facility Usage means at any time the sum of the outstanding Revolving Loans, the outstanding Swing Line Loans, and the Letter of Credit Obligations.
Revolving Credit Facility Usage means, at any time, the sum of (a) the aggregate principal balance of all Revolving Loans outstanding at such time, plus (b) the amount of the Letter of Credit Usage at such time.
Examples of Revolving Credit Facility Usage in a sentence
An unused line fee shall be due and payable quarterly in arrears, on the first Business Day of each fiscal quarter, in an amount equal to (i) 0.25% per annum times the actual daily amount by which the Revolving Credit Facility Commitment exceeds Revolving Credit Facility Usage for the immediately preceding fiscal quarter, plus (ii) 0.75% per annum times the actual daily amount of unused Term Loan Commitment for the immediately preceding fiscal quarter.
More Definitions of Revolving Credit Facility Usage
Revolving Credit Facility Usage means, at the time any determination thereof is to be made, the aggregate Dollar amount of the outstanding Advances at such time.
Revolving Credit Facility Usage means, at the time any determination thereof is to be made, the aggregate principal Dollar amount of the outstanding Revolving Loans at such time.
Revolving Credit Facility Usage means, as of any date of determination, the sum of (a) the aggregate principal amount of funded Indebtedness then outstanding under the Advances plus (b) the Aggregate Effective Amount under all outstanding Letters of Credit plus (c) the Swing Line Outstandings.
Revolving Credit Facility Usage means, at the time any determination thereof is to be made, the aggregate Dollar amount of the outstanding Loans at such time; provided, that the foregoing shall not include any Letter of Credit Usage.
Revolving Credit Facility Usage means, at any time, the sum of the Canadian Revolving Credit Facility Usage and the US Revolving Credit Facility Usage at such time.
Revolving Credit Facility Usage means as of the date of determination, the aggregate amount of (a) all outstanding Advances under the Revolving Credit Facility, and (b) the outstanding undrawn amount of all outstanding Letters of Credit.
Revolving Credit Facility Usage means, at the time in question, the aggregate amount of outstanding Revolving Credit Loans and existing LC Obligations at such time.