Total Revolving Credit Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.
Total Revolving Credit Exposure means, the sum of the outstanding principal amount of all Lenders’ Revolving Loans, their LC Exposure and their Swingline Exposure at such time; provided, that clause (a) of the definition of Swingline Exposure shall only be applicable to the extent Lenders shall have funded their respective participations in the outstanding Swingline Loans.
Total Revolving Credit Exposure means, at any time, the sum of (a) the outstanding principal amount of the Revolving Loans and Swingline Loans at such time and (b) the total LC Exposure at such time.
Examples of Total Revolving Credit Exposure in a sentence
If the Total Revolving Credit Exposure exceeds the Borrowing Base (an “Overadvance”) at any time, the excess amount shall be payable by the Borrowers with two (2) Business Days of demand by the Agent, but all such Revolving Loans shall nevertheless constitute Secured Obligations secured by the Collateral and entitled to all benefits of the Loan Documents.
More Definitions of Total Revolving Credit Exposure
Total Revolving Credit Exposure means at any time, the sum of the Initial Revolving Credit Exposure and the Additional Revolving Credit Exposure.
Total Revolving Credit Exposure means, at any time, the sum of the outstanding principal amount of all Revolving Lenders’ Revolving Loans, their LC Exposure and their Swingline Exposure at such time; provided, that clause (a) of the definition of Swingline Exposure shall only be applicable to the extent Revolving Lenders shall have funded their respective participations in the outstanding Swingline Loans.
Total Revolving Credit Exposure means, the sum of the outstanding principal amount of all Lenders’ Revolving Loans and their LC Exposure at such time.
Total Revolving Credit Exposure means, at any time, the sum of the Revolving Credit Exposures of all Revolving Lenders at such time.
Total Revolving Credit Exposure means, the sum of the outstanding principal amount of all Lenders’ Revolving Loans at such time.
Total Revolving Credit Exposure at any time, the aggregate amount of the Revolving Credit Exposure of all Revolving Credit Lenders outstanding at such time.
Total Revolving Credit Exposure means, at any time, the sum of (a) the outstanding principal amount of the Revolving Loans at such time and (b) the total LC Exposure at such time.