Total Utilization of Commitments definition

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, 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.

Examples of Total Utilization of Commitments in a sentence

• After giving effect to the making of such Credit Extensions, (i) the Total Utilization of Commitments then in effect shall not exceed the Commitments then in effect and (ii) the aggregate Dollar Amount of Alternative Currency Loans shall not exceed the Alternative Currency Sublimit.

• 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 Lender’s Revolving Exposure exceeding such Lender’s Commitment or (b) the Total Utilization of Commitments exceeding the total Commitments.

• Subject to Section 2.10B, the Credit Parties shall from time to time prepay the Loans to the extent necessary so that the Total Utilization of Commitments shall not at any time exceed the Commitments then in effect.

• 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.

• Notwithstanding anything contained herein to the contrary, in no event shall (i) the Total Utilization of Commitments at any time exceed the Availability Amount then in effect or (ii) the aggregate Canadian Revolving Exposure at any time exceed 105% of the Canadian Sublimit 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 the average daily aggregate Exposures of all Lenders.

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 (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 at any date of determination the sum of (i) the aggregate principal amount of all Committed Advances outstanding at such date plus (ii) the aggregate principal amount of all Bid Advances outstanding at such date plus (iii) the Letter of Credit Usage determined as of such date.

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.