Total Outstanding definition
Examples of Total Outstanding in a sentence
If at any time, including after giving effect to any reduction of Commitments pursuant to this Section 4.5, the Total Outstanding Extensions of Credit exceed the Total Commitments, the Borrower shall be obligated, first, to prepay the Loans in the amount of such excess, second, to cash collateralize Letters of Credit to the extent that the aggregate amount of the L/C Obligations exceeds such Total Commitments after prepayment of all Loans.
Incurred obligations must be carried forward on each report until paid in full.Loans: Enter the amount from the Total Outstanding Loans (Schedule 3-B) in Column A of the Summary page.
If at any date the Total Outstanding Amount exceeds the Total Commitment calculated as of such date, then not later than the next succeeding Business Day, the Borrower shall be required to prepay the Loans in an amount equal to such excess until the Total Outstanding Amount does not exceed the Total Commitment.
Any Indebtedness which is not secured by a Lien and which is incurred and/or assumed in connection with such acquisition shall be added to the calculation of Total Outstanding Unsecured Indebtedness.
Total Outstanding Indirect Loans (Accounts 617A and 618A)This line does not require input and will automatically populate when the Call Report is submitted with the sum of items 1a and 1b for each column.