Tranche B Revolving Exposure definition

Tranche B Revolving Exposure means, with respect to any Lender at any time, the aggregate principal amount at such time of all outstanding Tranche B Revolving Loans of such Lender.
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Tranche B Revolving Exposure means, with respect to any Tranche B Revolving Lender at any time, the sum of the Dollar Equivalent of the (a) the aggregate principal amount at such time of all outstanding Tranche B Revolving Loans of such Tranche B Revolving Lender, plus (b) the aggregate amount at such time of such Tranche B Revolving Lender’s Tranche B Revolving L/C Exposure, plus (c) the aggregate amount at such time of such Tranche B Revolving Lender’s Swingline Exposure allocable to the Tranche B Revolving Commitments.
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Tranche B Revolving Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender's Tranche B Revolving Loans and its LC Exposure at such time attributable to Letters of Credit requested by M-I LLC.
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Examples of Tranche B Revolving Exposure in a sentence

  • For purposes hereof, a Lender’s “pro rata share” shall be determined based upon its share of the sum of the total Tranche A Revolving Exposure, Tranche B Revolving Exposure and unused Commitments at the time (in each case, as determined as if no Lender was a Defaulting Lender).

  • In accordance with Schedule 2, CoC C39 and Section 3.1 of the IAPAR, Independent Auditors must be suitably qualified, experienced and independent of the Project, and appointed by the Planning Secretary.

  • For purposes of computing such commitment fees, a Tranche A Revolving Commitment of a Lender shall be deemed to be used to the extent of the Tranche A Revolving Exposure plus the then current unused balance of the Tranche B Revolving Commitments of such Lender and a Tranche B Revolving Commitment of a Lender shall be deemed to be used to the extent of the Tranche B Revolving Exposure of such Lender.

  • Evaluation Criteria for HOME and Small Cities CDBG Programs:The following are categories of evaluation criteria and descriptions of factors that will be considered within each category.

  • In addition, Tranche B Overadvances may be made even if the condition precedent set forth in Section 4.02(c) has not been satisfied (except to the extent such Tranche B Overadvance would cause any Tranche B Revolving Lender’s Tranche B Revolving Exposure to exceed its Tranche B Commitment, or cause the Applicable Limit to be exceeded).

  • For purposes of computing commitment fees, (i) a Tranche A Revolving Commitment of a Lender shall be deemed to be used to the extent of the outstanding Tranche A Revolving Loans and LC Exposure of such Lender (and the Swingline Exposure of such Lender shall be disregarded for such purpose) and (ii) a Tranche B Revolving Commitment of a Lender shall be deemed to be used to the extent of the Tranche B Revolving Exposure of such Lender.

  • So long as there shall be any outstanding Tranche B Revolving Exposure, M-I LLC will not make distributions to the owners of its Equity Interests as such; provided, however, that distributions of proceeds from equity offerings by M-I LLC shall not be restricted by this Section.

  • A bottom-up energy and material database (the industrial UED [18,19]) has been extended and exploited to examine past, present and future resource demands and GHG emissions associated with the UK iron & steel sector.

  • No Tranche B Overadvance may remain outstanding for more than thirty days and no Tranche B Overadvance shall cause any Tranche B Revolving Lender’s Tranche B Revolving Exposure to exceed its Tranche B Commitment.


More Definitions of Tranche B Revolving Exposure

Tranche B Revolving Exposure means, with respect to any Tranche B Revolving Lender at any time, the sum of (a) the outstanding principal amount of Tranche B Revolving Loans of such Tranche B Revolving Lender at such time, plus (b) an amount equal to the Applicable Percentage of the aggregate principal amount of the Tranche B Swingline Loans of such Tranche B Revolving Lender at such time, plus (c) an amount equal to the Applicable Percentage of the Canadian LC Exposure at such time, plus (d) an amount equal to such Tranche B Revolving Lender’s Applicable Percentage of the aggregate principal amount of Tranche B Overadvances outstanding.
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Tranche B Revolving Exposure means, with respect to any Lender as of any date of determination, (i) prior to the termination of the Tranche B Revolving Commitments, such Lender's Tranche B Revolving Commitment; and (ii) after the termination of the Tranche B Revolving Commitments, the sum of the aggregate outstanding principal amount of the Tranche B Revolving Loans of that Lender. "TRANCHE B REVOLVING INSTALLMENT" as defined in Section 2.10(a)(ii).
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Tranche B Revolving Exposure means, with respect to any Tranche B Revolving Lender at any time, the Dollar Equivalent of the aggregate principal amount at such time of all outstanding Tranche B Revolving Loans of such Revolving Lender, plus the Dollar Equivalent of the aggregate amount at such time of such Revolving Lender’s LC Exposure, plus the Dollar Equivalent of the aggregate amount at such time of such Revolving Lender’s Swingline Exposure.
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Tranche B Revolving Exposure means, with respect to any ---------------------------- Lender at any time, the sum of (a) the outstanding principal amount of such Lender's Tranche B Revolving Loans denominated in Dollars at such time and (b) the Dollar Equivalent of the outstanding principal amount of such Lender's Tranche B Revolving Loans denominated in Foreign Currencies at such time.
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Related to Tranche B Revolving Exposure

  • Revolving 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 Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.

  • Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposure of all the Lenders at such time.

  • Total Revolving Credit Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Revolving L/C Exposure of any Class shall mean at any time the sum of (a) the aggregate undrawn amount of all Letters of Credit applicable to such Class outstanding at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof) and (b) the aggregate principal amount of all L/C Disbursements applicable to such Class that have not yet been reimbursed at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof). The Revolving L/C Exposure of any Class of any Revolving Facility Lender at any time shall mean its applicable Revolving Facility Percentage of the aggregate Revolving L/C Exposure applicable to such Class at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the International Standby Practices, International Chamber of Commerce No. 590, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of Credit that, by its terms or the terms of any document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.

  • U.S. Revolving Credit Exposure means, with respect to any Lender at any time, the sum of such Lender’s outstanding U.S. Revolving Loans and its U.S. L/C Exposure and U.S. Swingline Exposure at such time.

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

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • L/C Exposure at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time, and (b) the aggregate amount of all L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time. The L/C Exposure of any L/C Lender at any time shall equal its L/C Percentage of the aggregate L/C Exposure at such time.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Facility Exposure means, at any date of determination, the sum of the aggregate principal amount of all outstanding Advances and the Available Amount under all outstanding Letters of Credit.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

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

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

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Unused Revolving Credit Commitment of any Lender, at any time, means the remainder of the Revolving Credit Commitment of such Lender at such time, if any, less the sum of (a) the aggregate Outstanding Amount of Revolving Loans made by such Lender, (b) such Lender’s LC Exposure at such time and (c) except for purposes of Section 2.12(a), such Lender’s Applicable Percentage of the aggregate Outstanding Amount of Swingline Loans.

  • Unused Revolving Credit Commitments means, at any time, the difference between the Revolving Credit Commitments then in effect and the aggregate outstanding principal amount of Revolving Loans and L/C Obligations.

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • Swing Loan Exposure means, as of any date of determination with respect to any Lender, such Lender’s Pro Rata Share of the Swing Loans on such date.

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

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.