Aggregate Outstanding Revolving Credit Extensions of Credit definition
Examples of Aggregate Outstanding Revolving Credit Extensions of Credit in a sentence
No requested Revolving Credit Loan shall be made if the sum of the Aggregate Outstanding Revolving Credit Extensions of Credit (after giving effect to such requested Revolving Credit Loan) would exceed the then aggregate Revolving Credit Commitments.
The Company has not received any communications, written, or verbal, alleging that the Company has violated or infringed on or, by conducting its business or as currently proposed to be conducted, would violate or infringe on any intellectual property of any other person or entity.
Such payments made to the Term Loan Lenders shall be paid to the Term Loan Lenders pro rata according to the respective Aggregate Outstanding Term Loan Extensions of Credit of each Term Loan Lender and such payments made to the Revolving Credit Lenders shall be paid to the Revolving Credit Lenders pro rata according to the respective Aggregate Outstanding Revolving Credit Extensions of Credit of each Revolving Credit Lender.
After giving effect to the extensions of credit requested to be made on such date and repayments made on such date, the Aggregate Outstanding Revolving Credit Extensions of Credit of all the Lenders shall not exceed the Dollar Equivalent of the Borrowing Base then in effect.