Total Usage definition
Total Usage means, at any time, the sum of (i) the aggregate outstanding principal amount of all Loans and Swingline Loans and (ii) the Aggregate LC Exposure, all determined at such time.
Total Usage means, at any time, the sum of the outstanding aggregate principal amount of the Loans plus the aggregate Letter of Credit Outstandings.
Total Usage means, as to any Lender at any time of determination, the sum of (i) the aggregate principal amount of all Committed Loans by such Lender at such time outstanding and (ii) the product derived by multiplying (a) the aggregate principal amount of all Competitive Bid Loans at such time outstanding and (b) such Lender’s Percentage.
Examples of Total Usage in a sentence
On or after the Effective Date, each of the Lenders severally agrees, upon the terms and conditions of this Agreement, to make Loans in Dollars to the Company under this Section 2.01 from time to time prior to the Commitment Termination Date or the termination in full of such ▇▇▇▇▇▇’s Commitment, whichever is earlier, such that the Total Usage of such Lender shall at no time exceed such ▇▇▇▇▇▇’s Commitment in effect at such time.
More Definitions of Total Usage
Total Usage means, as to any Lender at any time of determination, the sum of (i) the aggregate principal amount of all Committed Loans by such Lender at such time outstanding, (ii) the aggregate amount of such Lender’s Letter of Credit Liabilities, (iii) the aggregate amount of such Lender’s Swing Line Obligations and (iv) the product derived by multiplying (a) the aggregate principal amount of all Competitive Bid Loans at such time outstanding and (b) such Lender’s Percentage.
Total Usage means, at any time of determination, the sum of (x) the Outstanding Reimbursement Obligations plus (y) the LC Amount at such time.
Total Usage has the meaning assigned to such term in Section 2.11(b).
Total Usage means, at any date of determination, the sum of:
Total Usage means the aggregate actual usage of the Relevant EU ETS Facility by all Users during the relevant period;
Total Usage means, as of any date of determination, the sum of (a) the then extant amount of outstanding Advances, plus (b) the then extant amount of the Letter of Credit Usage, plus (c) the then extant amount of the Term Loan.
Total Usage means, at any date of determination, the sum of the Revolving Credit Loan and the Letter of Credit Obligations.