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 Loans (other than Loans made for the purpose of reimbursing the applicable Issuing Bank for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the Letter of Credit Usage, plus (iii) the aggregate ---- ---- principal amount of all outstanding loans to any Obligor under any overdraft facility provided by Citibank to the Obligors.
Examples of Total Utilization of Commitments in a sentence
During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving loans to the Borrower from time to time on any Business Day in Dollars (“Revolving Loans”) in an aggregate amount up to but not exceeding such Xxxxxx’s Commitment; provided, that after giving effect to the making of any Revolving Loans in no event shall the Total Utilization of Commitments exceed the Commitments then in effect.
More Definitions of Total Utilization of Commitments
Total Utilization of Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Term Loans, (ii) 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 the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied), (iii) the aggregate principal amount of all outstanding Swing Line Loans, and (iv) 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 (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.
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 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 Outstanding Credit Amounts of all Lenders.