Term Outstandings definition

Term Outstandings means, on any date, the aggregate outstanding principal amount of all Term Loans after giving effect to any borrowings and prepayments or repayments of Term Loans occurring on such date.

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Term Outstandings means, at any time, the aggregate of the amounts of principal (not including any capitalised or deferred interest) then outstanding under:

Term Outstandings means, at any time, the aggregate of the amounts of principal (not including any capitalised or deferred interest) then outstanding under the Term Acquisition Facility and any Permitted Refinancing Indebtedness made available as a term facility.

Examples of Term Outstandings in a sentence

• After giving effect to the Loans or Letters of Credit requested to be made or Issued on any such date and the use of proceeds thereof, (i) the Revolving Credit Outstandings shall not exceed the Maximum Revolving Credit at such time and (ii) the sum of Revolving Credit Outstandings and the Term Outstandings shall not exceed the Maximum Credit at such time.

• Any prepayment of Term Outstandings in respect of a Term Facility shall be applied against Term Advances then outstanding under that Facility pro rata.

• The Parent shall procure (and each Borrower which has drawn a Term Advance shall repay its share of the Term Outstandings in order to ensure) that the Guilder Amount of the Term Outstandings is repaid in full on or before the Final Maturity Date.

• Each of the Borrowers shall, within 45 days of the Closing Date enter into hedging arrangements with an Hedge Counterparty in order to cap its total interest cost in respect of at least 50% of its Term Outstandings, for a period of 3 years and shall provide to the Agent the main terms and conditions of such hedging agreements.

• The Parent shall procure that, within ten Business Days of the delivering to the Agent of aggregated and consolidated audited Accounts of the Group pursuant to Clause 17.1 (Annual Statement) for any annual Accounting Period, the Term Outstandings shall be prepaid in an aggregate amount equal to 50% (fifty per cent.) of the Excess Cash Flow (minus (pounds sterling)1,000,000) of the Group for such Accounting Period to which such annual consolidated accounts relate.

More Definitions of Term Outstandings

Term Outstandings means, at any particular time, the principal amount of Term Loans outstanding at such time.

Term Outstandings means, at any time, the aggregate of the Term A Outstandings and the Term B Outstandings at such time.

Term Outstandings means, with respect to a Relevant Hedged Debt, an amount equal to the aggregate of the amounts of principal (not including any capitalized or deferred interest) then outstanding under that Relevant Hedged Debt.

Term Outstandings means, at any time, the aggregate of the amounts of principal (not including any capitalised or deferred interest) of all of the Senior Facility Loan(s) then outstanding under the Senior Facility Agreement.

Term Outstandings means, at any time:

Term Outstandings means the Lease Outstandings and the Outstandings under the Term Loan Facility and any New Term Facility;

Term Outstandings means, at any time, the aggregate of the principal amount of each outstanding Term Advance at that time;