Total Facility Exposure definition

Total Facility Exposure means, as of any date of determination, the sum of (a) Total Outstandings as of such date and (b) the then unfunded Commitments (if any).
Total Facility Exposure means at any time the aggregate amount of the Facility Exposures at such time.
Total Facility Exposure means at any time the aggregate amount of the Outstanding Extensions of Credit at such time.

Examples of Total Facility Exposure in a sentence

  • If on any date the Administrative Agent shall notify the applicable Borrower that, by virtue of any change in the Foreign Exchange Rate of any Foreign Currency in which a Letter of Credit is denominated, the Total Facility Exposure shall exceed the Total Commitment then in effect, then, within three Business Days after the date of such notice, such Borrower shall prepay the Revolving Credit Loans and/or the Swingline Loans to the extent necessary to eliminate such excess.

  • If on any date the Administrative Agent shall notify Infinity that, by virtue of any change in the Foreign Exchange Rate of any Foreign Currency in which a Letter of Credit is denominated, the Total Facility Exposure shall exceed the Total Commitment then in effect, then, within three Business Days after the date of such notice, Infinity shall prepay the Revolving Credit Loans and/or the Swingline Loans to the extent necessary to eliminate such excess.

  • GCF for itself and its Affiliates hereby agrees that it shall not sell, assign or participate its rights or obligations hereunder if, as a result of such sale, assignment or transfer and after giving effect thereto, GCF and its Affiliates would own in the aggregate less than 50.1% of the aggregate principal amount of the Total Facility Exposure on the date thereof.

  • Notwithstanding any other provisions of this Credit Agreement and in addition to the limit set forth above, at no time shall the Dollar Equivalent of the Total Facility Exposure exceed the Total Commitment at such time.

  • If on any date the Administrative Agent shall notify CBS that, by virtue of any change in the Foreign Exchange Rate of any Foreign Currency in which a Letter of Credit is denominated, the Total Facility Exposure shall exceed the Total Commitment then in effect, then, within three Business Days after the date of such notice, CBS shall prepay the Revolving Credit Loans and/or the Swingline Loans to the extent necessary to eliminate such excess.


More Definitions of Total Facility Exposure

Total Facility Exposure means the sum of (a) Total Outstandings and (b) aggregate unused Commitments.
Total Facility Exposure means the sum of (a) Total Outstandings (with the aggregate outstanding amount of each Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Lender for purposes of this definition), (b) aggregate unused Term Commitments and (c) aggregate unused Revolving Credit Commitments.
Total Facility Exposure at any time as to any Lender, the aggregate principal amount at such time of such Lender’s U.S. Facility Exposure and such Lender’s Canadian Facility Exposure.
Total Facility Exposure means at any time the aggregate amount of the Facility Exposuresat such time.
Total Facility Exposure means, collectively, the Revolving Loan Exposure, the Tranche A Term Loan Exposure and the Tranche B Term Loan Exposure.
Total Facility Exposure means, at any time for any Lender, (i) with respect to the Revolving Credit Facility, such Lender’s Revolving Credit Exposure and unused Revolving Commitment; (ii) with respect to the 2024 Term Loan Facility, such Lender’s Term Loan Exposure with respect to 2024 Term Loans and if applicable such Lender’s unused 2024 Term Loan Commitments; (iii) with respect to the 2023 Term Loan Facility, such Lender’s Term Loan Exposure with respect to 2023 Term Loans and if applicable such Lender’s unused 2023 Term Loan Commitments; and (iv) with respect to the 2022 Term Loan Facility, such Lender’s Term Loan Exposure with respect to 2022 Term Loans and if applicable such Lender’s unused 2022 Term Loan Commitments at such time.
Total Facility Exposure means, collectively, the Total Revolving Loan Exposure, the Total Term Loan Exposure, and the aggregate Synthetic L/C Exposure