Examples of US Outstandings in a sentence
Subject to the terms and conditions set forth herein, each Lender agrees that the U.S. Borrower may from time to time request the Lenders to submit offers to make loans in U.S. Dollars (each such loan, a “U.S. Bid Loan”) for requested maturities of thirty (30) days or more to the U.S. Borrower prior to the Maturity Date pursuant to this Section 2.03; provided, however, that after giving effect to any U.S. Bid Borrowing, the Total U.S. Outstandings shall not exceed the Aggregate U.S. Commitments.
Background The Background section should provide an explanation of the problem, opportunity, or issue that is the conceptual foundation for the need for this proposal that will be funded by the requested grant.
If, on any Computation Date, the US Outstandings exceed the lesser of (A) the aggregate US Commitments then in effect and (B) the Borrowing Base then in effect, then the US Administrative Agent shall give notice thereof to the US Borrower and the US Facility Lenders.
Each US Lender severally agrees, on the terms and conditions set forth in this Agreement, to make US Advances to the US Borrower from time to time on any Business Day during the period from the Effective Date until the Maturity Date; provided that after giving effect to such US Advances, the aggregate US Outstandings shall not exceed the aggregate US Commitments in effect at such time.
If, on any Computation Date: (i) the Dollar Equivalent of the US Outstandings exceeds the aggregate US Commitments then in effect; or (ii) the Dollar Equivalent of the Canadian Outstandings exceeds the aggregate Canadian Commitments then in effect; then the US Administrative Agent shall give notice thereof to the US Borrower and the US Lenders, and the Canadian Administrative Agent shall give notice thereof to the Canadian Borrower and the Canadian Lenders.
Each US Lender severally agrees, on the terms and conditions set forth in this Agreement, to make US Advances to the US Borrower from time to time on any Business Day during the period from the Effective Date until the Business Day immediately preceding the Maturity Date; provided that, after giving effect to such US Advances, the US Outstandings shall not exceed the aggregate US Commitments.
If the Leverage Ratio as of the end of any fiscal quarter is greater than 2.00 to 1.00 and the amount of US Outstandings at any time during such fiscal quarter was greater than $0, then the Parent shall not, nor shall it permit any of its Restricted Subsidiaries to, permit the US Asset Coverage Ratio as of the end of such fiscal quarter to be less than 1.00 to 1.00.
The most recent 2003 quarter-to-quarter changes in U.S. Outstandings rose by 66.9%.
The US Borrower agrees to pay to the US Administrative Agent for the account of each US Lender, on the first day of each month from and after the Third Amendment Effective Date up to the first day of the month prior to the Payoff Date and on the Payoff Date, an unused line fee in an amount equal to the Unused Fee Rate times the result of (i) the aggregate US Commitments, less (ii) the average Daily Balance of the US Outstandings during the immediately preceding month (or portion thereof).
Subject to the terms and conditions set forth herein, each Lender agrees that the US Borrower may from time to time request the Lenders to submit offers to make loans (each such loan, a “US Bid Loan”) for requested maturities of thirty (30) days or more to the US Borrower prior to the Maturity Date pursuant to this Section 2.03; provided, however, that after giving effect to any US Bid Borrowing, the Total US Outstandings shall not exceed the Aggregate US Commitments.