U.S. Revolving Credit Exposure definition

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.

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U.S. Revolving Credit Exposure means, with respect to any Lender at any time, the sum of (a) the aggregate principal amount of the US Revolving Credit Loans of such Lender then outstanding, and (b) such Lender’s US Letter of Credit Exposure at such time.

U.S. Revolving Credit Exposure means, with respect to any U.S. Revolving Lender at any time, the aggregate principal amount at such time of all outstanding U.S. Revolving Credit Loans of such U.S. Revolving Lender, plus the U.S. Dollar Equivalent of the aggregate amount at such time of such U.S. Revolving Lender’s U.S. Revolving Pro Rata Percentage of the U.S. L/C Exposure plus such U.S. Revolving Lender’s U.S. Revolving Pro Rata Percentage of the outstanding amount all U.S. Swing Line Loans.

Examples of U.S. Revolving Credit Exposure in a sentence

• Each US Overadvance shall mature and be due on the earliest of (i) the Initial Revolving Credit Maturity Date, (ii) written demand by the Administrative Agent and (iii) 30 days after the date on which such US Overadvance is made; it being understood and agreed that no US Overadvance shall cause the Initial US Revolving Credit Exposure of any Initial US Revolving Lender to exceed such Initial US Revolving Lender’s Initial US Commitment.

• If on any date, the aggregate U.S. Revolving Credit Exposure exceeds the Total U.S. Revolving Commitment, then within two Business Days following such date, the U.S. Borrower shall repay or prepay U.S. Revolving Borrowings and/or replace or cash collateralize outstanding U.S. Letters of Credit in an amount sufficient to eliminate such excess.

• If, at any time, the US Revolving Credit Exposure shall exceed the Maximum US Revolving Amount as then in effect, US Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the US Revolving Loans sufficient to bring the US Revolving Credit Exposure within the Maximum US Revolving Amount.

• The Aggregate US Revolving Credit Exposure and the Aggregate Canadian Revolving Credit Exposure, after giving effect to such proposed Loan or Letter of Credit shall not exceed the US Maximum Available Amount and Canadian Maximum Available Amount, respectively, then in effect.

• The Aggregate US Revolving Credit Exposure and the Aggregate Canadian Revolving Credit Exposure, after giving effect to such proposed Loan or Letter of Credit, shall not exceed the US Maximum Available Amount and Canadian Maximum Available Amount, respectively, then in effect.

More Definitions of U.S. Revolving Credit Exposure

U.S. Revolving Credit Exposure means, as at any date of determination with respect to any U.S. Lender, an amount in Dollars equal to the sum of (a) the aggregate unpaid principal amount of such U.S. Lender’s U.S. Revolving Loans on such date, (b) such U.S. Lender’s U.S. Commitment Percentage of the aggregate unpaid principal amount of all Swingline Loans and (c) such U.S. Lender’s LC Exposure.

U.S. Revolving Credit Exposure means, with respect to any U.S. Revolving Credit Lender at any time, the sum of the outstanding principal amount of such Lender’s U.S. Revolving Loans and its LC Exposure and Swingline Exposure with respect to Letters of Credit issued in U.S. Dollars at such time.

U.S. Revolving Credit Exposure means, at any time and as to each US Revolving Lender, the sum of (a) the aggregate principal amount of US Revolving Credit Loans made by such US Revolving Lender outstanding as of such date plus (b) the accrued and unpaid interest on US Revolving Credit Loans made by such US Revolving Lender outstanding as of such date plus (c) such US Revolving Lender's US Revolving Credit Percentage of the aggregate amount of all US Letter of Credit Liabilities as of such date plus (d) such US Revolving Lender's US Revolving Credit Percentage of the US Swingline Exposure as of such date.

U.S. Revolving Credit Exposure means, as at any date of determination with respect to any U.S. Lender, an amount in Dollars equal to the sum of (a) the aggregate unpaid principal amount of such U.S. Lender’s U.S. Revolving Loans on such date, (b) such U.S. Lender’s Swingline Exposure and (c) such U.S. Lender’s LC Exposure.

U.S. Revolving Credit Exposure means the “Revolving Credit Exposure” under the U.S. Credit Agreement.

U.S. Revolving Credit Exposure means, with respect to any Lender at any time, such Lender’s Ratable Share of the US Revolving Credit Facility Usage at such time.

U.S. Revolving Credit Exposure means, with respect to any Lender at any time, the sum of (i) the outstanding principal amount of such ▇▇▇▇▇▇’s U.S. Revolving Loans, (ii) the outstanding amount of such ▇▇▇▇▇▇’s funded participations in L/C Obligations at such time, (iii) such ▇▇▇▇▇▇’s Pro Rata Share of any unfunded participations in L/C Obligations at such time, (iv) the amount of such ▇▇▇▇▇▇’s funded participations in Swing Loans at such time and (v) such ▇▇▇▇▇▇’s Pro Rata Share of any unfunded participations in Swing Loans at such time.