Tranche B Revolving Credit Exposure definition

Tranche B Revolving Credit Exposure means, with respect to any Bank at any time, the sum of the outstanding principal amount of such Bank’s Tranche B Loans and its Tranche B Swing Line Exposure at such time.
Tranche B Revolving Credit Exposure means, with respect to any Tranche B Revolving Lender at any time, the sum of (a) the aggregate principal amount at such time of all outstanding Tranche B Revolving Loans of such Tranche B Revolving Lender denominated in Dollars, plus (b) the Assigned Dollar Value at such time of the aggregate principal amount of all outstanding Alternative Committed Currency Loans of such Tranche B Revolving Lender.
Tranche B Revolving Credit Exposure means, as to each Tranche B Revolving Credit Lender, the sum of the amount of the Outstanding Amount of such Tranche B Revolving Credit Lender’s Tranche B Revolving Credit Loans and its Pro Rata Share or other applicable share provided for under this Agreement of the amount of the L/C Obligations and the Swing Line Obligations at such time.

Examples of Tranche B Revolving Credit Exposure in a sentence

  • After giving effect thereto (and the use of the proceeds thereof): (i) the Total Tranche A Revolving Credit Exposure would not exceed the Non-Residential Line Cap at such time, (ii) the Total Tranche B Revolving Credit Exposure would not exceed the Residential Line Cap, and (iii) the Total Revolving Credit Exposure would not exceed the Aggregate Line Cap.


More Definitions of Tranche B Revolving Credit Exposure

Tranche B Revolving Credit Exposure means, with respect to any Tranche B Lender at any time, the sum of the outstanding principal amount of such Lender's Tranche B Loans.
Tranche B Revolving Credit Exposure means, with respect to any Lender as of any date of determination, (i) prior to the termination of the Revolving Commitments, that Lender’s Tranche B Revolving Commitment; and (ii) after the termination of the Revolving Commitments, the sum (without duplication) of (a) the aggregate outstanding principal amount of the Dollar Equivalent of the Tranche B Loans of that Lender, (b) in the case of a Lender that is a Tranche B Issuing Bank, the Dollar Equivalent of the aggregate Tranche B Letter of Credit Usage in respect of all Tranche B Letters of Credit issued by that Lender (net of any participations by other Lenders in such Letters of Credit), (c) the Dollar Equivalent of the aggregate amount of all participations by that Lender in any outstanding Tranche B Letters of Credit or any unreimbursed drawing under any Tranche B Letter of Credit, (d) in the case of a Lender that is a Tranche B Swing Line Lender, the Dollar Equivalent of the aggregate outstanding principal amount of all Tranche B Swing Line Loans of such Lender (net of any participations therein by other Lenders), (e) the Dollar Equivalent of the aggregate amount of all participations therein by that Lender in any outstanding Tranche B Swing Line Loans and (f) the Dollar Equivalent of the aggregate amount of all participations therein by that Lender in any outstanding Tranche B Protective Advances.
Tranche B Revolving Credit Exposure means, with respect to any Lender at any time, the outstanding principal amount of such Xxxxxx’s Tranche B Loans. ​
Tranche B Revolving Credit Exposure as to each Tranche B Lender, as of any date of determination, the sum of such Tranche B Xxxxxx’s Tranche B Loans as of such date. US-DOCS\148017393.28

Related to Tranche B Revolving Credit Exposure

  • Revolving Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time.

  • Total Revolving Credit Exposure means, at any time, the sum of the outstanding principal amount of all Lenders’ Revolving Loans, their LC Exposure and their Swingline Exposure at such time; provided, that clause (a) of the definition of Swingline Exposure shall only be applicable to the extent Lenders shall have funded their respective participations in the outstanding Swingline Loans.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Aggregate Revolving Credit Commitments means the Revolving Credit Commitments of all the Lenders.