“LC Exposure” means, at any time, the sum of # the Dollar Equivalent of the aggregate amount of all Letters of Credit that remains available for drawing at such time and # the Dollar Equivalent of the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time.
“LC Exposure” means, at any time, the sum of # the Dollar Equivalent of the aggregate amount of all Letters of Credit that remains available for drawing at such time and # the Dollar Equivalent of the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time.
“LC Exposure” means, at any time, the sum of # the Dollar Equivalent of the aggregate undrawn amount of all outstanding Letters of Credit that remains available for drawing at such time and #(and in the case of Letters of Credit issued in an Alternate Currency, such sums shall be determined with respect to the Dollar Equivalent ofthereof) plus # the aggregate amount of all LC Disbursements relating to Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time.
“LC Exposure” means, at any time, the sum of # the aggregate undrawn Dollar Equivalent of the aggregate amountAmount of all outstanding Letters of Credit that remains available for drawing at such time andplus # the aggregate Dollar Equivalent of the aggregate amountAmount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time.
“LC Exposure” means, at any time, the sum of # the Dollar Equivalent of the aggregate undrawn amount of all outstanding Letters of Credit that remains available for drawing at such time andplus # the Dollar Equivalent of the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of thea Borrower at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time.
“LC Exposure” means, at any time, the sum of # the Dollar Equivalent of the aggregate undrawn amount of all outstanding Letters of Credit that remains available for drawing at such time andplus # the Dollar Equivalent of the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time.
“LC Exposure” means, at any time, the sum of # the Dollar Equivalent of the aggregate amount of all Letters of Credit that remainsremaining available for drawing at such time (assuming compliance at such time with all conditions to drawing) and # the Dollar Equivalent of the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time, adjusted to give effect to any reallocation under [Section 2.19] of the LC Exposures of Defaulting Lenders in effect at such time.
“LC Exposure” means, at any time, the sum of # the Dollar Equivalentaggregate undrawn amount of all outstanding Letters of Credit at such time plus # the aggregate amount of all Letters of Credit that remains available for drawing at such time and # the Dollar Equivalent of the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time.outstanding Reimbursement Obligations. The LC Exposure of any Revolving Lender[[Organization A:Organization]] at any time shall be its ApplicableRevolving Loan Commitment Percentage of the total LC Exposure at such time.
“LC Exposure”Exposure means, at any time, the sum of # the Dollar Equivalent of the aggregate undrawn amount of all outstanding Letters of Credit that remains available for drawing at such time andplus # the Dollar Equivalent of the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time.
“LC Exposure” means, at any time, the sum of # the Dollar Equivalent of the aggregate amount of all Letters of Credit that remains available for drawing at such time (including, without limitation, any and all Letters of Credit for which documents have been presented that have not been honored or dishonored) and # the Dollar Equivalent of the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the BorrowerBorrowers at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.13 or Rule 3.14 of the ISP98, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of Credit that, by its terms or the terms of any document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.
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