“LC Exposure” means, at any time, the sum of # the US Dollar Equivalents of the undrawn amounts of all outstanding Letters of Credit at such time plus # the sum of the US Dollar Equivalents of the amounts of all LC Disbursements that have not yet been reimbursed by or on behalf of the applicable Borrowers at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]). The LC Exposure of any Lender at any time shall be its Global Tranche Percentage of the aggregate LC Exposure at such time, adjusted to give effect to any reallocation under Section 2.21 of the LC Exposures of Defaulting Lenders in effect at such time.

“LC Exposure” means, at any time, the sum of # the US Dollar Equivalents of the undrawn amounts of all outstanding Letters of Credit at such time plus # the sum of the US Dollar Equivalents of the amounts of all LC Disbursements that have not yet been reimbursed by or on behalf of the applicable Borrowers at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]). The LC Exposure of any Lender at any time shall be its Global Tranche Percentage of the aggregate LC Exposure at such time, adjusted to give effect to any reallocation under Section[Section 2.2121] of the LC Exposures of Defaulting Lenders in effect at such time.

“LC Exposure” means, at any time, the sum of # the US Dollar Equivalents (determined using the Exchange Rate) of the undrawn amounts of all outstanding Letters of Credit at such time plus # the sum of the US Dollar Equivalents (determined using the Exchange Rate) of the amounts of all LC Disbursements that have not yet been reimbursed by or on behalf of the applicable Borrowers at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]). The LC Exposure of any Lender at any time shall be its Global Tranche Percentage of the aggregate LC Exposure at such time, adjusted to give effect to any reallocation under Section[Section 2.2121] of the LC Exposures of Defaulting Lenders in effect at such time.

“LC Exposure” means, at any time, the sum of # the USaggregate undrawn Dollar Equivalents of the undrawn amountsAmount of all outstanding Letters of Credit at such time plus # the sum of the USaggregate Dollar Equivalents of the amountsAmount of all LC Disbursements that have not yet been reimbursed by or on behalf of the applicable Borrowers​ at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]).time. The LC Exposure of any Global Tranche Lender at any time shall be its Global Tranche Percentage of the aggregatetotal Global Tranche LC Exposure at such time, adjusted to give effect totime and the LC Exposure of any reallocation under Section 2.21US Tranche Lender at any time shall be its US Tranche Percentage of the total US Tranche LC Exposures of Defaulting Lenders in effectExposure at such time.

“LC Exposure” means, at any time, the sum of # the US Dollar Equivalents of theaggregate undrawn amountsamount of all outstanding Letters of Credit at such time (and in the case of Letters of Credit issued in an Alternate Currency, such sums shall be determined with respect to the Dollar Equivalent thereof) plus # the sum of the US Dollar Equivalents of the amountsaggregate amount of all LC Disbursements relating to Letters of Credit that have not yet been reimbursed by or on behalf of the applicable BorrowersBorrower at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]).time. The LC Exposure of any Lender at any time shall be its Global TrancheApplicable Percentage of the aggregatetotal LC Exposure at such time, adjusted to give effect to any reallocation under Section 2.21 of the LC Exposures of Defaulting Lenders in effect at such time.

“LC Exposure” means, at any time, the sum of # the USaggregate undrawn Dollar Equivalents of the undrawn amountsAmount of all outstanding Letters of Credit at such time plus # the sum of the USaggregate Dollar Equivalents of the amountsAmount of all LC Disbursements that have not yet been reimbursed by or on behalf of the applicable Borrowers​ at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]).time. The LC Exposure of any Lender at any time shall be its Global TrancheApplicable Percentage of the aggregatetotal LC Exposure at such time, adjusted to give effect to any reallocation under Section 2.21 of the LC Exposures of Defaulting Lenders in effect at such time.

“LC Exposure” means, at any time, the sum of # the US Dollar Equivalentsaggregate amount of the undrawn amounts of all outstanding Letters of Credit remaining available for drawing at such time plus(assuming compliance at such time with all conditions to drawing) and # the sum of the US Dollar Equivalents of the amountsaggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the applicable BorrowersBorrower at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]).time. The LC Exposure of any Lender at any time shall be its Global TrancheApplicable Percentage of the aggregatetotal LC Exposure at such time, adjusted to give effect to any reallocation under Section[Section 2.2119] of the LC Exposures of Defaulting Lenders in effect at such time.

“LC Exposure” means, at any time, the sum of # the US Dollar Equivalents of theaggregate undrawn amountsamount of all outstanding Letters of Credit at such time (including any Letter of Credit for which a draft has been presented but not yet honored by any Issuing Bank) plus # the sum of the US Dollar Equivalents of the amountsaggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the applicable BorrowersBorrower at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]).time. The LC Exposure of any Multicurrency Lender at any time shall be its Global TrancheApplicable Multicurrency Percentage of the aggregatetotal Multicurrency LC Exposure at such time, adjusted to give effect totime and the LC Exposure of any reallocation under Section 2.21Dollar Lender at any time shall be its Applicable Dollar Percentage of the total Dollar LC Exposures of Defaulting Lenders in effectExposure at such time.

“LC Exposure” means, at any time, the sum of # the US Dollar Equivalents of theaggregate undrawn amountsamount of all outstanding Letters of Credit at such time plus # the sum of the US Dollar Equivalents of the amountsaggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the applicable Borrowersa Borrower at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]).time. The LC Exposure of any Lender at any time shall be its Global TrancheApplicable Percentage of the aggregatetotal LC Exposure at such time, adjusted to give effect to any reallocation under Section 2.21 of the LC Exposures of Defaulting Lenders in effect at such time.

“LC Exposure” means, at any time, the sum of # the US Dollar Equivalents of theaggregate undrawn amountsamount of all outstanding Letters of Credit at such time plus # the sum of the US Dollar Equivalents of the amountsaggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the applicable BorrowersBorrower at such time (giving effect to any conversion of the Borrowers’ reimbursement obligations in respect of any LC Disbursements into US Dollar denominated obligations as provided in [Section 2.05]).time. The LC Exposure of any Lender at any time shall be its Global TrancheApplicable Percentage of the aggregate LC Exposure at such time, adjusted to give effect to any reallocation under Section 2.21 of the LC Exposures of Defaulting Lenders in effect at such time.