Tranche A Exposure definition

Tranche A Exposure as to any Lender at any time, an amount equal to the sum of (a) the outstanding aggregate amount of such Lender's Tranche A Loans at such time and (b) such Lender's Applicable Percentage of the Tranche A L/C Obligations then outstanding.

Tranche A Exposure means, with respect to any Tranche A Lender at any time, the sum of its Pro Rata Percentage of the outstanding principal amount of the Tranche A Loans, its L/C Exposure and its Swingline Exposure at such time.

Tranche A Exposure means, with respect to each Bank, the aggregate outstanding principal amount of its Tranche A Loans.

Examples of Tranche A Exposure in a sentence

• No Tranche A Letter of Credit shall be issued (nor shall any Tranche A Letter of Credit be amended, renewed or extended) if (except as contemplated by Section 2.11(b)(iii)) it would result in the Tranche A Exposure exceeding the Total Tranche A Reimbursement Commitment in effect at such time.

• The Borrower shall have the right, upon at least three Business Days' prior written notice to the Administrative Agent, at any time to terminate, or from time to time reduce, the Aggregate Tranche A Commitments, provided that the Borrower shall not terminate or reduce the Aggregate Tranche A Commitments if, after giving effect to any concurrent prepayment of the Tranche A Loans in accordance with Section 2.5, the Aggregate Tranche A Exposure would exceed the Aggregate Tranche A Commitments.

• A Letter of Credit shall be issued, amended, renewed or extended only if, and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that, after giving effect to such issuance, amendment, renewal or extension (i) the L/C Exposure shall not exceed $15,000,000 and (ii) the Aggregate Tranche A Exposure shall not exceed the aggregate Tranche A Funding Amounts.

• Witness immunity is claimed to provide a defence to these claims because the affidavit was offered as evidence in a District Court proceeding and the examination evidence was provided in response to a direction given as part of a Court supervised process.

• Should the Tranche A Exposure exceed the Tranche A Borrowing Base Amount or the Tranche A Total Commitment at any time, the Borrowers shall within one (1) Business Day repay the Tranche A Revolving Loans in the amount of such deficiency.

More Definitions of Tranche A Exposure

Tranche A Exposure means, with respect to each Bank, the amount of its Tranche A Commitment, if still in existence, or the aggregate outstanding principal amount of its Tranche A Loans, if its Tranche A Commitment is no longer in existence.

Tranche A Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender's Tranche A Term Loans at such time.

Tranche A Exposure means, at any time, the sum of (a) the aggregate principal amount of all Tranche A Loans outstanding, and (b) the aggregate principal amount of all Swing Loans outstanding under subpart 2 of Section 2.

Tranche A Exposure has the meaning specified in the definition of “Required Lenders.”

Tranche A Exposure means, as to any Lender, (i) at any time before the termination of its Tranche A Commitment in its entirety, the amount of its Tranche A Commitment at such time; or (ii) at any time thereafter, if its Tranche A Commitment has terminated in its entirety, its Outstanding Tranche A Amount, all determined at such time after giving effect to any prior assignments by or to such Lender pursuant to Section 11.06(c).

Tranche A Exposure with respect to any Tranche A Lender as of any date, the sum as of such date of (i) the outstanding principal balance of such Lender's Tranche A Loans, plus (ii) such Lender's Letter of Credit Exposure.

Tranche A Exposure means, as of any date of determination, the sum of (i) the Tranche A Revolving Loans outstanding and (ii) all interest, fees and Indemnified Expenses related thereto.