Total Utilization of Commitments definition

Total Utilization of Commitments means, as at any date of determination, the aggregate principal amount of all outstanding Loans.

Total Utilization of Commitments means at any date of determination the aggregate principal amount of all Advances outstanding at such date.

Total Utilization of Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Delayed Draw Term Loans, (ii) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of reimbursing Issuing Bank for any amount drawn under any Letter of Credit, but not yet so applied), and (iii) the Letter of Credit Usage.

Examples of Total Utilization of Commitments in a sentence

• Subject to the terms and conditions set forth herein, each Lender agrees to make Revolving Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) the aggregate outstanding principal amount of such Xxxxxx’s Revolving Exposure exceeding such Xxxxxx’s Commitment Available Amount or (b) the Total Utilization of Commitments exceeding the Commitment Aggregate Available Amount.

• Subject to the terms and conditions set forth herein, each Lender agrees to make Revolving Loans to the Borrower in Dollars from time to time during the Availability Period in an aggregate principal amount that will not result in (a) the aggregate outstanding principal amount of such Xxxxxx’s Revolving Exposure exceeding such Xxxxxx’s Commitment or (b) the Total Utilization of Commitments exceeding the total Commitments.

More Definitions of Total Utilization of Commitments

Total Utilization of Commitments means, as at any date of determination, the sum of (a) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing Issuing Bank for any amount drawn under any Letter of Credit, but not yet so applied), (b) the aggregate principal amount of all outstanding Swing Line Loans, and (c) the Letter of Credit Usage.

Total Utilization of Commitments means, as at any date of determination, the sum of (a) the amount of the aggregate principal amount of all outstanding Loans, and (b) the amount of the aggregate L/C Obligations.

Total Utilization of Commitments means the average daily aggregate Exposures of all Lenders.

Total Utilization of Commitments means, as at any date of determination, the sum of (a) the U.S. Revolving Exposure plus (b) the Canadian Revolving Exposure.

Total Utilization of Commitments means, as at any date of determination, the aggregate principal amount of all outstanding Revolving Loans.

Total Utilization of Commitments means, as at any date of determination, the aggregate Outstanding Credit Amounts of all Lenders.

Total Utilization of Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of reimbursing the L/C Issuer for any amount drawn under any Letter of Credit but not yet so applied) PLUS (ii) the aggregate amount of all issued and outstanding Letters of Credit.