Term Facility Percentage definition

Term Facility Percentage means, at any time for any Term Lender, the percentage obtained by dividing such Term Lender’s outstanding Term Loans at such time by the aggregate principal amount of all Term Loans outstanding at such time.
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Term Facility Percentage means, as to any Lender at any time, the percentage (carried out to the ninth decimal place) which (a) the sum of all of such Lender’s Term Loans then outstanding constitutes of (b) the sum of the Aggregate Outstanding Term Loan Balance. The Term Facility Percentage of each Lender is set forth under the heading “Term Facility Percentage” opposite the name of such Lender on Schedule 2.01.
Sample 1
Term Facility Percentage means, as to any Bank at any time, ------------------------ the percentage which (i) the sum of all of such Bank's Term Loans then outstanding constitutes of (ii) the sum of the Aggregate Outstanding Term Loan Balance.
Sample 1

Examples of Term Facility Percentage in a sentence

  • Nothing contained herein shall affect the liability of any Lender for its failure to make its Multi-Year Facility Percentage Share of Multi-Year Loans or its Short Term Facility Percentage Share of Short Term Loans or its other Loans or GNMA Pool Advance Loans available to the Company as required pursuant to this Agreement and the other Credit Documents.

  • Fees and interest accrued with respect to Short Term Loans and Short Term Swing Loans to but not including the Effective Date shall be payable to the Existing Short Term Lenders in accordance with their respective Short Term Facility Percentage Shares and Short Term Swing Line Percentage Shares, as appropriate, in effect prior to the Effective Date.

  • In the event the commitment of any Lender to purchase its Multi-Year Facility Percentage Share or Short Term Facility Percentage Share, as applicable, of Discount Loans shall be terminated hereunder, the agreement of the Balance Banks to fund Discount Loans shall be reduced in a like amount.

  • Xxxxx Telecopier: 300-000-0000 Revolving Facility Amount: $6,250,000 Revolving Facility Percentage: 25.0% Term Facility Amount: $4,000,000 Term Facility Percentage: 25.0% Bridge Facility Amount: $4,750,000 Bridge Facility Percentage: 25.0% NBD BANK By _____________________________ Mxxxxxxxxx X.

  • Xxxxx Its Vice President Address: 900 Xxxxxxx Xxxxxxx, 0xx xxxxx Xxxxxxx, Xxxxxxx 00000 Attn: Sxxxx Xxxxxxx Telephone: 700-000-0000 Telecopier: 700-000-0000 Revolving Facility Amount: $6,250,000 Revolving Facility Percentage: 25.0% Term Facility Amount: $4,000,000 Term Facility Percentage: 25.0% Bridge Facility Amount: $4,750,000 Bridge Facility Percentage: 25.0% THE CIT GROUP/EQUIPMENT FINANCING, INC.

  • He/she shall direct and conduct the affairs of this Local Union and represent all Members of the Local Union.

  • Notwithstanding anything contained herein, in no event shall any Short Term Lender be required to advance its Short Term Facility Percentage Share of any Short Term Swing Loan or to purchase any undivided participation interest in any Short Term Swing Loan: a.

  • If such Lender shall repay to the Credit Agent such corresponding amount, such amount so repaid shall constitute such Lender's Multi-Year Facility Percentage Share or Short Term Facility Percentage Share, as applicable, of the subject Loan or, as applicable, the other subject Loans or the subject GNMA Pool Advance Loans for all purposes of the Credit Documents.

  • The Company and the Credit Agent shall deem and treat each Lender as the creditor in respect of its Multi-Year Facility Percentage Share or Short Term Facility Percentage Share, as applicable, of each Discount Loan to the same extent as if such Discount Loan were a Direct Loan as to which such Lender had advanced its Multi-Year Facility Percentage Share or Short Term Facility Percentage Share, as applicable.

  • Xxxxxxx Its Vice President Address: Norwest Center Sixth and Marquette Mxxxxxxxxxx, XX 00000-0000 Attn: Vice President Telecopier: (000) 000-0000 Revolving Facility Amount: $6,250,000 Revolving Facility Percentage: 25.0% Term Facility Amount: $4,000,000 Term Facility Percentage: 25.0% Bridge Facility Amount: $4,750,000 Bridge Facility Percentage: 25.0% NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION By _____________________________ Txxxx X.


More Definitions of Term Facility Percentage

Term Facility Percentage means, with respect to each Bank, the percentage designated as such opposite that Bank's name on the signature page hereof.
Sample 1
Term Facility Percentage means, at any time for any Term Lender, the percentage obtained by dividing such Term Lender’s Term Commitment by the Total Term Loan Commitment, provided, however, that if the Total Term Loan Commitment has been terminated, the Term Facility Percentage for each Term Lender shall be determined by dividing such Lender’s Term Commitment immediately prior to such termination by the Total Term Loan Commitment immediately prior to such termination. The Term Facility Percentage of each Lender as of the Closing Date is set forth on Schedule 1 hereto.
Sample 1
Term Facility Percentage means at any time for any Lender with a Term Loan Commitment, the percentage obtained by dividing such Lender's Term Loan Commitment by the Total Term Loan Commitment, PROVIDED, that if the Total Term Loan Commitment has been terminated, the Term Facility Percentage for each Lender with a Term Loan Commitment shall be determined by dividing such Lender's Term Loan Commitment immediately prior to such termination by the Total Term Loan Commitment immediately prior to such termination.
Sample 1

Related to Term Facility Percentage

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Term Loan Percentage means, with respect to any Term Loan Lender at any time, the percentage of the total outstanding principal balance of the Term Loans represented by the outstanding principal balance of such Term Loan Lender’s Term Loans.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Applicable Revolving Commitment Fee Percentage means (a) from the Closing Date until the date of delivery of the Compliance Certificate and the financial statements for the second full Fiscal Quarter after the Closing Date, a percentage, per annum, determined by reference to the following table as if the Leverage Ratio then in effect were 3.00:1.00; and (b) thereafter, a percentage, per annum, determined by reference to the Leverage Ratio in effect from time to time as set forth below: >3.00:1.00 0.75% 1.30% <3.00:1.00 >2.50:1.00 0.75% 1.20% No change in the Applicable Revolving Commitment Fee Percentage shall be effective until three (3) Business Days after the date on which the Administrative Agent has received the applicable financial statements and a Compliance Certificate pursuant to Section 5.01(c) calculating the Leverage Ratio. At any time the Borrower Representative has not submitted to the Administrative Agent the applicable information as and when required under Section 5.01(c), the Applicable Revolving Commitment Fee Percentage shall be determined as if the Leverage Ratio were in excess of 3.00:1.00. Promptly following receipt of the applicable information under Section 5.01(c), the Administrative Agent shall give each Lender telefacsimile or telephonic notice (confirmed in writing) of the Applicable Revolving Commitment Fee Percentage in effect from such date. In the event that any financial statement or certificate delivered pursuant to Section 5.01 is shown to be inaccurate, and such inaccuracy, if corrected, would have led to the application of a higher Applicable Revolving Commitment Fee Percentage for any Applicable Period than the Applicable Revolving Commitment Fee Percentage applied for such Applicable Period, then (i) the Borrower Representative shall immediately deliver to the Administrative Agent a correct certificate required by Section 5.01 for such Applicable Period, (ii) the Applicable Revolving Commitment Fee Percentage shall be recalculated with the Leverage Ratio at the corrected level and (iii) each applicable Borrower shall immediately pay to the Administrative Agent the accrued additional fees owing as a result of such increased Applicable Revolving Commitment Fee Percentage for such Applicable Period. Nothing in this definition shall limit the right of the Administrative Agent or any Lender under Section 2.10 or Article VIII and the provisions of this definition shall survive the termination of this Agreement.

  • Revolving Loan Exposure means, with respect to any Revolving 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 Revolving Loans of such Lender.

  • Commitment Percentage means, as to any Lender at any time, the ratio of (a) the amount of the Commitment of such Lender to (b) the Aggregate Commitment of all of the Lenders.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Applicable Multicurrency Percentage means, with respect to any Multicurrency Lender, the percentage of the total Multicurrency Commitments represented by such Multicurrency Lender’s Multicurrency Commitment. If the Multicurrency Commitments have terminated or expired, the Applicable Multicurrency Percentages shall be determined based upon the Multicurrency Commitments most recently in effect, giving effect to any assignments.

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • 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.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.