Term Credit Exposure definition

Term Credit Exposure means, as to any Lender at any time, the aggregate principal amount at such time of its outstanding Term Loans.
Term Credit Exposure means, as applied to each Lender and with respect to each Class of its Commitments and/or Loans:
Term Credit Exposure means with respect to any Lender at any time, the sum of (i) such Lender’s applicable Percentage of the principal amounts of all outstanding Term Loans, and (ii) any remaining unfunded portion of such Lender’s Commitment in effect at such time.

Examples of Term Credit Exposure in a sentence

  • Subject to the terms and conditions set forth herein and in the applicable Term Loan Assumption Agreement, each Term Loan Lender agrees to make Term Loans to the Borrower on the Term Loan Funding Date in an aggregate principal amount that will not result in: (i) such Term Loan Lender’s Term Credit Exposure exceeding such Term Loan Lender’s Term Commitment and (ii) the total Term Credit Exposure exceeding the Aggregate Term Commitments.

  • Subject to the terms and conditions set forth herein, each Lender agrees to make a Loan relating to such Lenders' Term Loan Facility A Commitment to the Borrower in an aggregate principal amount that will not result in such Lender's Term Credit Exposure exceeding such Lender's Term Loan Facility A Commitment.

  • The Borrower shall pay to the Administrative Agent for the account of and distribution to each Term Lender in accordance with its Applicable Percentage a standby fee for the period commencing on the Effective Date to and including the Final Term Credit Availability Date (or such earlier date as the Term Credit Commitments shall have been terminated entirely) computed at a rate per annum equal to the Applicable Margin on the average daily excess amount of the Term Commitments over the Term Credit Exposure.

  • Subject to the terms and conditions set forth herein, each Lender agrees to make a Loan relating to such Lenders' Term Loan Facility B Commitment to the Borrower in an aggregate principal amount that will not result in such Lender's Term Credit Exposure exceeding such Lender's Term Loan Facility B Commitment.

  • Exposure and Total Term Credit Exposure of such Lender at such time.


More Definitions of Term Credit Exposure

Term Credit Exposure means, with respect to any Lender at any time, the outstanding aggregate principal amount of such Lender's Loan at such time.
Term Credit Exposure means, as to any Lender at any time, the aggregate principal amount at such time of its outstanding Term Loans and such Lender’s participation in Protective Advances at such time.
Term Credit Exposure means, with respect to any Lender at any time, the U.S. $ Amount of the outstanding principal amount of such Lender’s Term Loans at such time.
Term Credit Exposure means, as to any Term Bank at any time:
Term 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.
Term Credit Exposure means at any time, the aggregate Principal Amount of the Term Loans outstanding at such time. The Term Credit Exposure of any Term Loan Lender at any time shall be the aggregate Principal Amount of the Term Loans owed to such Lender at such time.
Term Credit Exposure means with respect to any Term Loan Lender at any time, the Principal Amount of such Term Loan Lender’s Term Loans.