Total Utilization of Revolving 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 repaying any Refunded Swing Line Loans or reimbursing Issuing Bank for any amount drawn under any Letter of Credit, but not yet so applied), (ii) the aggregate principal amount of all outstanding Swing Line Loans, and (iii) the Letter of Credit Usage.
Total Utilization of Revolving Commitments means, as at any date of determination, the aggregate principal amount of all outstanding Revolving Loans.
Total Utilization of Revolving Commitments means, as at any date of determination, the sum of (i) the Dollar Equivalent of the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of reimbursing any Issuing Bank for any amount drawn under any Letter of Credit issued by such Issuing Bank, but not yet so applied) and (ii) the Letter of Credit Usage.
Examples of Total Utilization of Revolving Commitments in a sentence
If the Total Utilization of Revolving Commitments exceeds the Revolving Commitment as a result of the occurrence of the Maturity Date with respect to any tranche of Revolving Commitments while an extended tranche of Revolving Commitments remains outstanding, the Borrower shall make such payments as are necessary in order to eliminate such excess on such Maturity Date.
More Definitions of Total Utilization of Revolving Commitments
Total Utilization of Revolving Commitments means, at any time, the sum of the Revolving Exposures of all the Lenders of such time.
Total Utilization of Revolving 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 the Issuing Banks 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 Revolving Commitments means, as at any date of determination, the sum of (i) the Total Utilization of U.S. Revolving Commitments, (ii) the Total Utilization of Canadian Revolving Commitments and (iii) the Total Utilization of Foreign Revolving Commitments.
Total Utilization of Revolving Commitments means, as at any date of determination, the sum of (a) the aggregate principal amount of all outstanding Revolving Loans, (b) the L/C Obligation and (c) the aggregate principal amount of all outstanding Swingline Loans as of such date of determination.
Total Utilization of Revolving Commitments means, as at any date of determination, the sum of the aggregate principal amount of all outstanding Revolving Loans.
Total Utilization of Revolving Commitments means, as of any date of determination, the sum of
Total Utilization of Revolving Commitments means, as at any date of determination, the sum of (a) the aggregate principal amount of all outstanding Revolving Loans, (b) the L/C Obligation (other than in respect of the Existing Scotiabank Letters of Credit to the extent such Letters of Credit are cash collateralized in accordance with the Scotia Cash Collateral Agreement or as otherwise agreed between The Bank of Nova Scotia and Sponsor, without recourse to the Pledgors, Credit Parties or other Restricted Subsidiaries) and (c) the aggregate principal amount of all outstanding Swingline Loans as of such date of determination.